• What Is The Convertibility Feature In Term Life Insurance? April 14, 2021
    People who buy term life insurance usually do it because it is extremely affordable and it fits well within their budget during their working years. At some point down the road, however, a permanent policy that can build cash value may seem more attractive. Perhaps the insured can afford to pay a bit more or they just don't need as much coverage. In oth […]
  • How Does The Disability Waiver Of Premium Work? April 12, 2021
    For many people, buying life insurance is a chore. Having to research the different types of policies, from term to whole life, as well as dealing with an agent and maybe even scheduling a paramed exam, can make the whole experience is less than enjoyable. And don't even start with the litany of "optional riders" that can be tacked on to a pol […]
  • The Cost of Waiting April 9, 2021
    People generally don't want to have to take on a new monthly bill, especially if it is for something they do not plan on using, like life insurance. But putting off the purchase of a policy can cost you more money in the long run.Life insurance, as well as disability and other types of insurance, are based on your age. As we get older the rate goes up u […]
  • Can I Take Out A Life Insurance Policy On Someone Else? April 7, 2021
    Every once in a while I will be having a conversation with someone who wants to know if it is possible to insure someone else, like an acquaintance. When this happens I don't really know if they are kidding or not, but I ask if there is some sort of relationship there between the two of them. Usually the answer is "no, you can't" which se […]
  • Who Brings Your Family Money When You Die? April 5, 2021
    Last year when my father passed away, I found myself as the executor of his estate with many responsibilities. In addition to finding a realtor to handle the sale of my father's home and hiring contractors of various sorts for quotes and repairs, I was also on the hook for making sure bills got paid. Where was that money supposed to come from?Unfortunat […]

  • What Is The Convertibility Feature In Term Life Insurance? April 14, 2021
    People who buy term life insurance usually do it because it is extremely affordable and it fits well within their budget during their working years. At some point down the road, however, a permanent policy that can build cash value may seem more attractive. Perhaps the insured can afford to pay a bit more or they just don't need as much coverage. In oth […]
  • How Does The Disability Waiver Of Premium Work? April 12, 2021
    For many people, buying life insurance is a chore. Having to research the different types of policies, from term to whole life, as well as dealing with an agent and maybe even scheduling a paramed exam, can make the whole experience is less than enjoyable. And don't even start with the litany of "optional riders" that can be tacked on to a pol […]
  • The Cost of Waiting April 9, 2021
    People generally don't want to have to take on a new monthly bill, especially if it is for something they do not plan on using, like life insurance. But putting off the purchase of a policy can cost you more money in the long run.Life insurance, as well as disability and other types of insurance, are based on your age. As we get older the rate goes up u […]
  • Can I Take Out A Life Insurance Policy On Someone Else? April 7, 2021
    Every once in a while I will be having a conversation with someone who wants to know if it is possible to insure someone else, like an acquaintance. When this happens I don't really know if they are kidding or not, but I ask if there is some sort of relationship there between the two of them. Usually the answer is "no, you can't" which se […]
  • Who Brings Your Family Money When You Die? April 5, 2021
    Last year when my father passed away, I found myself as the executor of his estate with many responsibilities. In addition to finding a realtor to handle the sale of my father's home and hiring contractors of various sorts for quotes and repairs, I was also on the hook for making sure bills got paid. Where was that money supposed to come from?Unfortunat […]
  • How Can I Help My Kids Avoid College Debt? April 2, 2021
    The cost of going to college has soared in the last 25 years. For kids who who need financial help, loans are the first, and often last, resort to pay for an education. So if you have kids or grandkids or are the legal guardian of some college bound children, here are a few tips that may help ease the burden.There are several things to consider when planning […]
  • What Is Being Left Out Of The Holy Trinity Of Insurance? March 31, 2021
    One part of my insurance practice involves worksite supplemental benefits. (Think dental, vision, cancer plans, etc.) On occasion, I give talks to groups of employees on these benefits. And one of the things I cover is the "Holy Trinity of Insurance", which is comprised of their health coverage, their life insurance, and last but not least, their d […]
  • Why Should I Update My Beneficiaries? March 29, 2021
    As I mentioned a few weeks back, updating your beneficiaries on your policies is an important part of owning life insurance. How often you should do these updates is up to you, but in a perfect world we would have a reminder.When we change our clocks those two nights of the year, we're also reminded to check the batteries in our smoke detectors. What a […]
  • Is Selling Insurance Hard? Pt 2 March 26, 2021
    In the previous post I went over a few facets of what makes selling insurance, life insurance in particular, a difficult job. There is a hesitancy from people to purchase something they know they need, but generally speaking, do not want to purchase. In essence, asking someone to add to their monthly bills to protect their family from financial ruin is a har […]
  • Is Selling Insurance Hard? Part 1 March 24, 2021
    Sometimes being a life insurance agent is difficult. It's hard to find prospects and talk them into meeting with us, much less presenting them with a plan they need but don't really want. Not many people want to acknowledge that they should buy a plan that, even though is in the best interest of their family, will add another monthly bill to their […]