Nationwide: The position of life insurance in financial diversification
Two-thousand-five-hundred years ago the ancient Greek philosopher Heraclitus noted that the only permanence in the world is change itself. The same holds true today and this same philosophy drives modern portfolio theory. The proponents of modern
portfolio theory hold that a diversified portfolio is an important feature of a client’s financial strategy if they are to succeed in growing and protecting their financial well being over the long term.