Conquer the Crash: You Can Survive and Prosper in a Deflationary Depression by Robert R. Prechter Jr

Author:Robert R. Prechter Jr. [Prechter, Robert R. Jr.]
Language: eng
Format: epub, pdf
Tags: Economic Crisis, Economics, Financial Crises, Business
ISBN: 9787111340201
Amazon: 7111340205
Publisher: China Machine Press
Published: 2011-05-02T04:00:00+00:00

Table 24-1

As if there were not already enough to worry about, the currency denomination of your policy may also prove crucial. If the currency in which you expect to be paid collapses in value, so will your plans for retirement.

Again, SafeWealth Group specializes in minimizing all these risks by identifying the safest insurance companies in the world as well as those among them that use safe banks as custodians of their funds. Better yet, it can identify the ones that also allow you to designate the currency denomination(s) of your choice within their policies. Such provisions for ultimate safety are particularly important for annuity arrangements, estate planning and capital-preservation programs that utilize insurance contracts.

The main point is to make sure that you assess the vulnerability of your insurance policies and annuities now. If you are satisfied, fine. If not, then you can take appropriate action before your insurance company, its bank, or you, become too stressed to adapt.

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