The 5 most ridiculous reasons not to buy life insurance....

The 5 most ridiculous reasons not to buy life insurance

Click the Link Below and hear what I had to say....

http://katch.me/Mike__Sheehan/v/3a92f08e-97f4-38f2-8696-b858bb395fea

Why you don't need Life Insurance

Why you don't need Life Insurance

Mike spends a few minutes talking about why you don't need Life Insurance

Click the link below

http://katch.me/Mike__Sheehan/v/cce2ff77-e849-3781-b63f-7eedd8df1165

What Is Life Insurance and How Does It Work

What Is Life Insurance and How Does It Work

Watch this timely video    http://youtu.be/ai3_No7Q0tU

Life insurance may be purchased for many reasons. Insurance is purchased to provide an income for your family when you die. Or, you may purchase a life insurance policy to assist with your children's college education if you live by using a cash value policy. 

Visit http://yourlifeinsurance411.com  today

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

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

Quality of Life Insurance Overview

Quality of Life Insurance Overview

Traditional life insurance is designed to provide security for your loved ones in the event of your premature death... but what if you could get life insuran...
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

Term Life Insurance

http://withlifetimeprotection.com I found a great Life Insurance site with FREE quotes.
Get a free quote - http://yourlifeinsurance411.com

5 Ways to Save on Life Insurance

5 Ways to Save on Life Insurance

Do you have a plan?  What is your plan?

Go to: Life Insurance because you Care


http://yourlifeinsurance411.com

Why do you need life insurance - but how much do I need??

Why do you need life insurance

Importance of life insurance

Watch this short video,

One of the most common questions asked is how much life insurance should I purchase and why do you need life insurance. While there is no set answer, each individual and family needs to look at their exact needs and situation. Here are some broad factors to consider.

Look at your current and future needs. If you have a family or a spouse that is largely dependent on your wages to live, you might want to make sure that you have a life insurance that will cover your family and spouse for 20 years or more. Some people usually go with the philosophy that you are better off over insured, then not having enough insurance as a reason of Why do you need life insurance

Some life insurance agents state that at minimum, you should at least have a policy of 15K to cover burial and all final expenses. In addition, some financial planners advise you to purchase life insurance by multiplying your salary, for instance, purchasing 5 times or 10 times the amount of your salary.

Other life insurance agents, advise you to look at your family or spouses expenses for the amount of years that you want to cover them and figure out how much money they will need to live comfortably for the reason of Why do you need life insurance. Many life insurance agents have special formulas that can figure out how much insurance you need for your age and level of coverage you want to provide your spouse and children.

Many people want to make sure that their family is very comfortable in the event of a death. For instance, a policy might take into consideration the cost of a home, car loans, maintenance of assets and education costs for children. Usually the more dependents, the more insurance is necessary.

Some consumers that are buying life insurance don't necessarily purchase it to care for dependents, but to cover estate taxes or to give an inheritance to their heirs. Usually these types of policy holders are already well off or no longer have bread winning responsibilities that make it necessary to care for small children or a spouse.

Lastly, if you are single, do not have any dependents and have an adequate amount of savings to take care of any final expenses such as funeral costs and taxes, you might decide you do not need to purchase life insurance at all.

Why do you need life insurance

One thing is for certain, make sure you put lots of thought into the amount of life insurance you do purchase and talk to an accountant or insurance agent to learn more about how much life insurance, you personally should purchase.

For more click here  Life insurance - Because you Care

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What is life insurance for ~~ can you have too much

What is life insurance for 

Most parents know that they need life insurance. But many would rather have a root canal than shop for the best life insurance policy.

"People don't think about, 'What will my family do if I don't come home tonight?' "  The whole point of this kind of planning is to provide the family with maximum financial options at a very difficult time.

Planning for your death is not a cheerful topic. Too often, parents make a quick decision, ignoring important considerations. Among their mistakes:

Not enough life insurance.

Families don't always insure a parent who is staying home to care for the children. "They don't think that the person who is not bringing in an income needs life insurance," says Greg Daugherty, executive editor of Consumers Union. But if that person dies, the other parent can't stop working and usually has to pay someone to help care for the family.this is What is life insurance for 

FEWER BUY LIFE INSURANCE: Millions of families are missing a safety net

CUTTING THE COST: Tips for making insurance more affordable

You may not need to buy the same amount of insurance for both parents. There was a case where the  recommendation was that they should buy $3 million for the husband who earns $100,000 a year and $1 million for the stay-at-home wife.

Relying on employer-provided life insurance.

Employer-provided coverage is rarely sufficient to support your family.  Many employer-provided policies provide a death benefit of $10,000 to $25,000 — barely enough to cover your funeral expenses.  Some employers provide a year's salary, but that may also fall well short of the amount your family would need to maintain its standard of living.

Some employers let workers buy group life insurance through payroll deductions. That may be a good deal for workers who have health problems that would disqualify them for an individual policy. But if you're young and healthy, you may be able to get a better rate.

Another drawback: If you leave your job, you may not be able to take your insurance. Even if you have a lot of insurance at work, it makes sense to have some more insurance on your own this is What is life insurance for 

Too much insurance.

Not everyone needs life insurance. Some people buy life insurance for babies, which is unnecessary, unless the baby is a child model who is supporting the family.  Single people and those who have no children to care for usually don't need life insurance.

DO YOU NEED IT? How much life insurance do you really need?

CALCULATOR: Run the numbers on life insurance

If you are someone with substantial savings in stocks and bonds and other sources of income may not need very much life insurance.  There are a few people who don't need life insurance but have it and many more people who need it but are woefully uninsured.

Investing in a weak insurance company.

Most people tend to look at the cost first, says Martin Weiss, president of Weiss Ratings, an independent provider of ratings for financial institutions. But it's also important to check the safety of an insurance firm, even if it's one of the largest, Weiss says. It's best to rely on an independent rater. What is life insurance for 

Not being truthful on your application

Fibbing about your pack-a-day habit to get a lower premium probably won't work, says Amy Danise, managing editor of Insure.com. Smoking is "one of the easiest things to catch in the medical exam," she says. If you manage to get away with it and later die of a heart attack, your insurer could use your smoking history to deny your family's claim, she says.

It's hard to lie about many health problems, because insurers generally contact the primary physician and require blood and urine tests.

Don't fudge about your hobbies, either. If you die and your insurance company discovers that you were a long-term member of the sky-diving club, it may deny your family's claim on the basis of fraud, Danise says. Or it may reduce the amount of the death benefit, she says.

What is life insurance for 

What is your plan?  Do you have a plan?  Click here - Life Insurance Because You Care

Content contributed by -  Christine Dugas and Sandra Block, USA TODAY

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.

Why do I need life Insurance after 50?

Why do I need life Insurance after 50?

Why do I need life Insurance after 50?

Watch this video

Do you have a plan?  What is you plan?  Click here

Life insurance - Because you care.

Why is life insurance important

Why is life insurance important

The power of life insurance

Watch this video.

What is your plan?  Do you have a plan?

Why is life insurance important

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.

Buying life insurance on your spouse......

Buying life insurance on your spouse........

What is your plan?  Do you have a plan?  Click here

Life insurance ---Because you care.

Buying life insurance on your spouse

Why life insurance is important ~~ None of use are getting out of here alive.

Why life insurance is important 

**Jan. 2013 – husband – age 44 dies – no life insurance and now surviving wife and daughter may lose home.

**Daughter dies at age 3

**Adult client when at age 11 her father died and he had no life insurance and they had to live on social security.

These are just a few real life stories of clients of mine from just last month and Why life insurance is important 

I have been selling life insurance for over 25 years and in that time I have had clients die - Yes, it is real. None of us are getting out of here alive and that's Why life insurance is important 

As Napoleon Hill has stated back in the “30′s, “If you have a spouse and or family it is your responsibility to make sure they are taken of if you were to die.” That's Why life insurance is important 

What is your plan? Do you have a plan? 

CLICK HERE

Life insurance – Because you care.

Why life insurance is important 

How much does life insurance cost

How much does life insurance cost

                                          How to buy life insurance. and How much does life insurance cost

How much does life insurance cost

                       Do you have a plan?  What is your plan?  CLICK HERE 

                                       Life insurance - Because you care.

Why do you need life insurance ~~ Ignorance is not an excuse

Why do you need life insurance

Life Insurance 101

Ignorance is not an excuse.  Educate yourself on the values of life insurance.  Do you know that the percentage of families that are under insured for life insurance is at an all time high.  Why do you need life insurance?  There are many reasons but none of them remove your obligations to provide for your family for when you are no longer here.

Watch the video below - educate yourself

Why do you need life insurance

What is your plan?  Do you have a plan?

click here - Because you care

Do you need life insurance ~~ what does your wife think...

Do you need life insurance

"I have to talk to my wife"

This is another statement that I hear quite often when talking to the husband about life insurance.

Sales 101 tells you to have both spouses at the appointment.  I agree with that but sometimes that is not possible.  

So I stopped to think about that and have come to this conclusion - the guy just doesn't want to pay the money to protect his wife and family.  With that being said, it could be about the money.  Maybe things are tight but if that were true and if the guy truly loved his family and wanted to make sure they were protected he would ask to see a lower premium - to get something - verse just putting it off.   Do you need life insurance

They've looked me in the eye and said, "I'm going to talk to her today and I'll get back to you in a couple of days."  In over 25 years that has never happened. I have never gotten that phone call.

I mentioned this to call out the guys who have not provided for their family when they die. Do you need life insurance

                                             


I have over $1,000,000 dollars of life insurance - so I walk the talk.

Do you need life insurance

So ask yourself - Do I have a plan?  What is your plan?

To find out your options - click here - Because you care.