You have insurance on your phone but no life insurance on your family.

You have insurance on your phone but no life insurance on your family. 

I put things in perspective for you - click the link below as I shar with you my thoughts.

http://katch.me/Mike__Sheehan/v/4d9d81da-c887-3094-ab30-88130735f875

None of us are getting out of here alive.  Life insurance ~~ because you care.

Reach out to me today at http://yourlifeinsurance411.com

September is Life Insurance month - Is your family protected?

September is life insurance month

Watch this video now with Boomer Esiason
http://www.lifehappens.org/industry-resources/videos/boomers-message-to-the-industry/

Visit here for a FREE quote

Find out about annuities

Find out about annuities

Click below

http://thehiddentruthaboutannuities.com/#annuities

For your Life Insurance needs CLICK HERE

Suze Orman on Cash Value Life Insurance vs Term Life Insurance

Get a free quote - http://yourlifeinsurance411.com

Critical Illness Life Insurance

Renewable Term Life Insurance With a Bonus -- Critical Illness Life Insurance Covers Your Life & Your Lifestyle with Death Benefits & Living Benefits. What Are Living Benefits & Why Do I Need...
Get a free quote - http://yourlifeinsurance411.com

What is Life Insurance

What is Life Insurance? Find out more: 

Get a free quote - http://yourlifeinsurance411.com

6 steps that will help you decide how much life insurance you need

6 steps that will help you decide how much life insurance you need

Below you will see how to assess the amount of life insurance one needs, and what products should be covering those needs. This talk is intended only to give a general, high-level overview of a life insurance needs assessment. (And by all means, if you disagree with this self-taught theory, point out my mistakes!) 

6 steps that will help you decide how much life insurance you need 1. Identify all of the items that an individual needs life insurance to cover:

• Burial/cremation expenses
• Leaving a legacy to loved ones
• Leaving a legacy to a charitable organization
• Replacing the income of a spouse due to untimely death
• Covering children’s education expenses
• Paying-off credit card debt, student loans, mortgages and other debts
• Ensuring the continuation of a business due to untimely death 
• Other financial commitments — insert your obligations here: ______________

2. Identify the dollar amounts that should be allocated to each item above. 

3. Write down the amount of life insurance needed for each line item on your list, so that you can tally-up the total amount of life insurance that should be purchased:

• You may allocate $15,000 plus a cost-of-living adjustment (COLA) for burial expenses (Tip: COLAs are important because today’s dollar will be worth far less than 100 pennies 10 years from now)
• You might want to leave a total of $250,000 to your loved ones
• Your desire may be to leave $50,000 to your favorite charity.
• If you are like the typical American, you’ll want to put aside $43,000 annually, along with a COLA for the number of years from your current age until your planned retirement age, to replace your income (i.e. planned retirement age is 67 and current age is 37, so multiply $43,000 plus COLA times 30). This will help to ensure that your family can continue with their current standard of living, despite a possible untimely death.
• Continue this exercise until you have calculated the amount of life insurance necessary for every item on the list

4. Review each commitment on the list and identify which of two camps the commitment belongs in: temporary or permanent. Temporary commitments will eventually go away (i.e. a mortgage loan is paid-off after 30 years) and permanent obligations will always exist (i.e. burial expenses).

5. Sum the total amount of life insurance needed for the temporary commitments — this is the amount of term life insurance that you should purchase.

• Term life insurance can generally be purchased as a stand-alone policy in durations of one, 10, 20, and 30-year terms; make sure the duration of the term policy purchased matches the duration of the temporary commitments from above.
• Term life insurance can also be purchased as an optional rider on a cash value life insurance policy

6. Sum the total amount of life insurance needed for the permanent commitments. This is the amount of permanent cash value life insurance that you should purchase.

6 steps that will help you decide how much life insurance you need

There are several types of permanent cash value life insurance, with the two primary types being whole life and universal life

• In general, whole life is more costly, but has stronger guaranteed cash values; it is also very structured and relatively inflexible in terms of changing coverage amounts and premium payments.
• In comparison, universal life (UL) is less costly and more flexible; there are several varieties of universal life, including fixed UL,indexed UL, and variable UL

Now do your homework.  None of us are getting out of here alive.  I can't guarantee much but I can guarantee is that those families with the right amount of life insurance will be far better off then those who do not plan.

6 steps that will help you decide how much life insurance you need

Do you have a plan?  What is your plan?  Life insurance ~~~ Because you care.  Click here.

What happens to the kids when you are gone.

What happens to the kids when you are gone

What happens to the kids.....

Click on the video below

                                             What happens to the kids when you are gone

What is your plan?  Do you have a plan?

Life insurance - Because you care

CLICK HERE

Mortgage life and disability insurance

Mortgage life and disability insurance

Mortgage Insurance is not what you think

The majority of the families I meet with think they have their biggest liability (their home) covered with Mortgage insurance.  The problem I find is that typically the person selling the mortgage never took the necessary education, training and licensing to sell life insurance and are not qualified to explain a complicated and important product to people that depend on Mortgage life and disability insurance

Devil is in the Details

Often the lack of disclosure on how Mortgage life and disability insurance really works that leave the client believing that if they accept the insurance and pay the premiums the policy is guaranteed to payout if they suffer a critical illness, disability or if they die.  This is not true, just because you make your payments and you checked a couple of boxes on the form, does not approve you for coverage. When your family needs to make a claim the bank’s insurance company will begin the underwriting process. This means that they will now look at your medical history and then decide if you should be covered. So imagine if you passed away, or get diagnosed with cancer, your family is grieving and now they have to wait for the decision of whether or not the policy will payout. There are plenty of horror stories of claims being denied or families having a difficult time collecting.

Is there a better option?

If you meet with an insurance agent, they will be able to asses your insurance needs, explain all your insurance options, answer any questions and save you money. With actual life insurance you have lots of options that typically cost less than the Mortgage Insurance you get from a bank or lender and is Guaranteed to payout because you go through the approval process upfront.  If you die, your family gets the tax-free money and choose what to use it for.

You can visit this link to get a free insurance quote and then compare it to what your paying with your mortgage. 

The bottom line is you could be paying less and have a guaranteed tax-free benefit for your family when they need it the most. 

Mortgage life and disability insurance

Do you have a plan?  What is your plan?  Life insurance - Because you care.

Why is life insurance important

Why is life insurance important

Life insurance - Why should you buy it?

Why is life insurance important

What is your plan?  Do you have a plan?

CLICK here - Life insurance 

Because you care.

What is term life insurance ~~ None of us are getting out of here alive.

 What is term life insurance

                                                  None of us are getting out of here alive.

            Do you have a plan?  What is your plan?  Click here  Because you care.

 What is term life insurance

Million dollar life insurance policy ~~ how much is enough

Million dollar life insurance policy

                              Is the life insurance you have adequate?????

                                           Watch this video below.

Million dollar life insurance policy

     What is your plan?  Do you have a plan?  CLICK HERE - Because you care.

Million dollar life insurance policy

Term Life Insurance for Christmas

All I Want For Christmas is…Life Insurance??     

Term Life Insurance for Christmas

I doubt it’s on anyone’s Christmas list this year, but life insurance could make a great gift for your loved ones. Sure, it’s not as exciting as the latest video game system or I-phone, but in many ways life insurance is one of the most loving gifts you can give your loved ones.

“Life insurance isn’t glamorous, it’s just needed” says Julie Halgren, director of protection products for Thrivent Financial for Lutherans. “Not only can it assist families in paying for final expenses, but with the right amount it can pay off debt from credit cards, car loans or even one’s mortgage.”

“Equally important, it can replace lost income and fund long-term goals like retirement or the children’s college education. People often under-estimate the extent to which a premature death affects a family’s income and assets.”

As a parent, the idea of life insurance is pretty simple. Set up a policy for yourself and name your spouse or children as your beneficiary and they receive the death benefit in the event of your death.

None of us are getting out of here alive.  What a great present then Term Life Insurance for Christmas

Unfortunately, according to an article in the USA Today, “The percentage of U.S. households with life insurance coverage is at its lowest in 50 years, leaving millions of families without a safety net.” LIMRA, a life insurance and financial services trade association recently found that about 70 million American adults have no life insurance coverage at all and many who do have life insurance have less than is recommended.  It's time to get Term Life Insurance for Christmas

The amount of life insurance you need depends on many factors. Yourinsurance411.com can assist you in addressing “how much” and “what kind” of insurance is appropriate for your needs.

A good start is a term life insurance plan. They are simple to understand and by far the most affordable. Click here to shop and compare life insurance quotes to find the one that best matches your needs.

Term Life Insurance for Christmas

The man who dies without adequate life insurance,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

“The man who dies

without adequate life

insurance should

have to come back

and see the mess

he has created.”

~ Will Rogers ~

(1879-1935, American Humorist, Actor)

Do you have a plan?  What is your plan?

Go to - I love my family - Because you care.

I got enough life insurance

"I got enough life insurance"

Are you sure??

Go to: life-insurance-needs-calculator

Want to know more - click here - Because you care.

I got enough life insurance

TOP 10 REASONS TO BUY TERM LIFE INSURANCE

TOP 10 REASONS TO BUY TERM LIFE INSURANCE

TOP 10 REASONS TO BUY TERM LIFE INSURANCE
1.    To replace your income

2.    To provide funds for your family’s future living expenses

3.    To pay off your mortgage

4.    To pay for college tuition for your kids or other family members

5.    To pay off outstanding debt

6.    To provide for your spouse’s retirement

7.    To provide additional coverage when adding family members

8.    To provide funds to continue a business or assist with tax planning

9.    To provide for your burial, funeral and final expenses

10.  To leave money to your favorite charity or charities

To summarize, life insurance is the very foundation of a well thought out financial plan. Those who purchase life insurance are planners and forward thinkers. 

They sleep well at night with an assurance and peace of mind that only this coverage can provide. Your professional insurance agent, Mike Sheehan, will shop all the highly rated carriers and come up with an affordable protection plan for you, your family and loved ones.

To explore your options - click here - Because you care

TOP 10 REASONS TO BUY TERM LIFE INSURANCE

5 things not sexy about managing your money

5 things not sexy about managing your money

1.Not checking your credit report.
It is so simple, go to – www.annualcreditreport.com  It is F*R*E*E.

2.Not saving enough.
You should set aside at least 20% per year.  Put in something that is safe, guaranteed and has a predictable rate of return.

3.Not teaching your children about money.
Do you want them to be able to support themselves?  Plus they might be taking care of you someday.

5 things not sexy about managing your money

4.Not putting enough in an emergency fund.
What is your plan if you need cash - fast.

5. Not having enough life insurance.
If you believe you are not going to die – ignore this one.  If you do believe you will someday meet your maker and you have no savings, no emergency fund and no credit – how is your family going to survive?

Click here – Because you care.

5 things not sexy about managing your money

35 million households are without this...

35 million households are without this...

Between school plays, soccer games and that little thing called “life”, many of you neglect to get the right amount of life insurance coverage.  Or worse – have ZERO coverage!

In fact, it’s estimated that 35 million households don’t have any life insurance.

                                                                                        Did you catch that?

                                                                                They ain’t got nothin!

35 million households are without this...

35 million households are batting .000 on their life insurance.

For those that do have life insurance, it’s estimated that 58 million households believe they don’t have enough.

Is this you?  If so, you can do something today.  

Go to Your Life Insurance 411 NOW -  because you care.

35 million households are without this...

Surviving a nightmare

Surviving a nightmare.

It seemed like just another day for Mark, his wife Sarah and their two daughters. The family was stuck in traffic near their suburban home when a violent thunderstorm hit. Nothing could have prepared Mark for what happened next. A tree fell on their car with horrible precision, instantly killing Sarah, 33, and their daughters, ages two and six months.

Mark had always believed he and Sarah would live to enjoy cheerleading, proms and grandchildren. Now he found himself alone, not sure how he’d pick up the pieces.

One thing that has helped is the financial planning he and Sarah began early on. Buying permanent life insurance was one of their first decisions. It provided protection while allowing them to accumulate cash value for future needs. Later, the couple bought additional coverage to protect their thriving graphic arts business and growing family.

Since the accident, the life insurance has given Mark time to grieve. “The money won’t bring Sarah and the girls back, but it makes the existence I find myself in easier. I don’t have to work while I’m not ready, or sell my house because I can’t afford the mortgage. I’ve been able to think slowly about my future.”

The insurance money has also helped keep the business running in Mark’s absence. And should he decide not to return, the buy-sell agreement he purchased will make it easy for Mark’s partners to buy his share of the business.

Surviving a nightmare

Mark states, “I know I’ll do better than survive. I’ll live and succeed in the second chapter of my life and make my family proud.”

What is your plan?  Click here – Because you care.

Surviving a nightmare

He didn't come home ~~ the need for life insurance

He didn't come home.

Everyone just assumes that when they leave their home in the morning that they will be coming home.

For my Dad, 15 years ago, that didn't happen.  He was only 60 years old.  No health issues, no prescriptions.  He exercised and had a low stress business.  So there were no signs.

It just happened.

He was a successful businessman and understood the value of life insurance.  He had a lot of it and mostly term insurance.

Because of this my mother has continued to live a full life and has not had to change her standard of living.

He didn't come home

My Dad surely didn't think he would die so young but he knew in his heart if he did his wife would be well taken care of.

None of us are getting out of here alive.  What is your plan? Click here 

Life insurance - Because you care

He didn't come home