Do you have a plan? What is your plan?
Showing posts with label to. Show all posts
Showing posts with label to. Show all posts
Tuesday, August 13, 2013
Wednesday, April 10, 2013
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 is your plan? Do you have a plan?
Life insurance - Because you care
Wednesday, November 14, 2012
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.
Wednesday, October 17, 2012
The Most Popular Reason to Purchase Life Insurance is….
The Results are In: The Most Popular Reason to Purchase Life Insurance is….
Marriage prompts more life insurance purchases than any other life event, according to a new poll from Northwestern Mutual. The survey of more than 2,000 American adults found that 32 percent of those who purchased life coverage on their own, as opposed to through an employer, did so as a result of getting married.
Other popular reasons for getting life insurance coverage were planning for retirement (25 percent) and becoming a parent (22 percent).
On the flip side, another recent poll looked at reasons people cite for not purchasing life insurance. The 2012 Insurance Barometer Study found that “other financial priorities” were named by 85 percent of people without life insurance as the main reason they lacked the coverage.
The study, sponsored by the non-profit Life and Health Insurance Foundation for Education (LIFE) and LIMRA, a life insurance marketing association, also found that the second-leading reason people gave for not buying coverage, picked by 83 percent, was that it’s “too expensive.”
LIMRA said that 95 million Americans, a third of all U.S. households, have no life insurance. The number of insured is also growing. Today 11 million fewer American households have life insurance compared to six years ago, according to LIMRA.
Why Purchase Life Insurance Now?
Results of both these recent survey suggest prospective life policyholders have some inconsistencies in their knowledge about life insurance.
For instance, getting married is probably a sound reason for purchasing life coverage, since new spouses now have someone else depending on them.
Marriage also may involve large joint purchases, such as buying a home. So one’s unexpected death could easily create a financial hardship that would be mitigated by life insurance. The Most Popular Reason to Purchase Life Insurance is…
But Insurance Barometer survey respondents who said life insurance was too expensive probably weren’t well acquainted with the fact that, according to LIFE, life insurance premiums at the moment now are lower than they normally are.
Married or single, with kids or without, near retirement of just starting out, life insurance has rarely been a more affordable option, the group said. The Most Popular Reason to Purchase Life Insurance is…
What is your plan? Do you have a plan? CLICK HERE – Life Insurance ~ Because you care.
Tuesday, September 25, 2012
What You Ought To Know About Life Insurance
What You Ought To Know About Life Insurance
Purchasing a life insurance policy can be invaluable to your loved ones if you happen to not be around one day. Read the information provided below to learn a number of factors you need to take into account when looking for life insurance to suit your needs.
Make sure that you have a purpose in mind for your life insurance. Firstly, decide why you want it, and the reasons you need it. You will get lower premiums if you are still young: start thinking about life insurance early.
You should only work with agent if you feel that he or she is trustworthy and knowledgeable. The person you choose will be handling your policies for your entire life, as well as assisting your family with these policies once you are gone. Obviously, having an agent you can trust matters a great deal in life insurance. Make sure you find someone with whom you feel comfortable. What You Ought To Know About Life Insurance
If you have people who are financially dependent on you, you should consider purchasing a life insurance policy. If you pass on, life insurance could mean your spouse is able to finish off your mortgage or even put your kids through college.
TIP #1
Be sure to fully understand what your needs are prior to beginning your search for life insurance. Not really comprehending just what your distinct needs are, could mean two separate possibilities that are equally risky to your wallet: paying for insufficient coverage, or overpaying for too much. Failure to address even one of these things can cost you a more favorable rate.
Independent Agents
Be cautious in your search for a reputable life insurance agent. Big companies will use agents to promote their products, while independent agents can offer you a wider range of possibilities. Most independent agents are knowledgeable about available options from various providers, which makes it easier to find a policy to fit your coverage needs.
If you’re married and are seeking a discount on life insurance, you should check out a joint-life insurance policy. If you desire to save money, this option is always a good choice. There is no “double payout” option with such a policy, and the death of one partner is going to bring the policy to a halt, so keep that in mind when deciding. What You Ought To Know About Life Insurance
TIP #2
You need to see if your employer participates in group life insurance plans. Opting for a policy offered through your work can save you money. But make note these policies are not yours and probably will not go with you when you leave or retire.
Don’t cash out your policy except in extreme necessity. There are many people today who are opting to terminate their insurance policies for cash. Cashing in a policy, especially a permanent life policy, will cause you to lose a lot of the money that you had invested in the coverage. There are much better ways you can do this.
When researching life insurance policies, it is wise to do your own homework so that you understand the products, but it’s also smart to cover all your bases by speaking with a professional. Their knowledge is slightly different because it may be biased, but it is still based on some truth and experience. This can help you understand what the results or possible solutions for certain obstacles will be.
Get a policy from a large company with a great reputation. An inexpensive policy through a firm with a poor reputation will not provide much security if they cannot pay out your policy in the event something happens.
Be a careful consumer and question insurance salesmen or representatives about the information and statistics they give you. If an agent tells you the ratings available for the company they work for are not relevant, you should file a complaint right away. What You Ought To Know About Life Insurance
TIP #3
There are several ways in which you can purchase a policy. Do you want to purchase it with your employer or by yourself? There are also agents and financial planners who may be of assistance, however, bear in mind that the majority of these are fee or commission driven.
If you happen to fall into a category that insurance companies consider high risk, remember to shop around before settling on a policy. Do not be afraid of one a high quote from a single life insurance company. Companies have varying policies and charges for a variety of conditions. You may find some companies refuse to even accept you, while some may offer you a great premium rate.
It is invaluable to do your own individual homework prior to deciding on life insurance coverage. Find out what type of policies there are, and how they can meet your needs. Choose a policy that meets your needs and fits into your budget. Read the contract and ask any questions before signing. You should understand everything that’s in the contract.
What You Ought To Know About Life Insurance
It is important for you to purchase any life insurance policies from well-known companies. Insurance companies differ in serious and fundamental ways, so take your time to make a careful choice. Research these companies that are well-established, that have great financial standings, and that are well-known for quality investments.
An independent broker may be able to get you a better deal on life insurance than you would if you went straight to the insurance company. Doing this gives you more options. A broker will show you policies from many different firms. However, a firm will likely only have a limited number of options based on a handful of their specific plans. Your life insurance is something that you will hopefully have for many years, so do the appropriate research prior to making a decision.
TIP #4
It’s always recommended you avoid all products containing caffeine prior to any medical exams for life insurance. While caffeine is legal, it can increase your heart rate and blood pressure to the point that it might reflect badly in your exam.
The amount and type of life insurance your family needs depends on factors such as the type of lifestyle you lead. Each family has unique requirements that you need to consider when planning for an unforeseen loss. It is important that the coverage you purchase is adequate for your family’s lifestyle.
As you now realize more than ever, a good life insurance policy will protect your loved ones in case of tragedy. It’s essential that you choose the right policy that is suitable for your family. This article’s advice can assist you in finding the right policy that you
To get a quote – Click here – Because you care.
Wednesday, September 19, 2012
What insurance do I need to Buy?
What insurance do I need to Buy?
How Much Term Life Insurance Do You Need to Buy?
How much life insurance coverage I need to buy was something that really wasn’t important to me until I got married.
My first policy was a $100,000 Universal life insurance policy and I thought that was plenty. It was not until we had our first daughter, at age 26, that I quickly realized that was not nearly enough.
After her birth, I decided to increase it substantially. With us in the process of buying our first home and a second daughter on the way, I’m left wondering even with that increase if I really have bought enough life insurance.
Update: We now have five children and I have increased the amount of life insurance, at age 57, I have on myself and on my wife. Check the end of the post to find what I’ve increased my term life insurance to and my rationale. What insurance do I need to Buy?
I know many struggle with this same decision so I wanted to shed some light on how much life insurance is enough.
First things first, life insurance is for one purpose: income replacement. While there are times where life insurance can aid in more complex estate planning strategies, a majority of the time it’s purchased to take care of your family once you’re gone. What insurance do I need to Buy?
My reasoning for purchasing life insurance is that I want to leave my wife and kids without any debt and the ability for my wife to not worry about finances in the event of my unexpected passing.
I now have a $600,000 - 20 year level term policy and $250,000 of whole life insurance. My wife has a $200,000 Universal life policy
What insurance do I need to Buy?
I have peace of mind that my family is set – if I didn’t come home.
What is your plan? Do you have a plan? Click here – because you care.
What insurance do I need to Buy?
Thursday, August 9, 2012
Life Insurance allows a Dad to be a Dad
Life Insurance allows a Dad to be a Dad
Mary & George always managed to make the best out of challenging situations. They found their first house, an abandoned century-old Victorian, on the site of a new mall. They paid to have it moved six miles away to a new lot, and with extensive renovations it became their dream home. When Mary lost her job as a computer support specialist at a local bank, she started her own consulting firm and it quickly became a more rewarding career.
Life Insurance allows a Dad to be a Dad
One of Peggy’s clients was an insurance agent. She took care of his computers, and he vowed to always take care of her family. When Mary’s business started to take off, he knew she needed more life insurance because her income had grown significantly. With his help, Mary doubled her coverage. Two years later Mary was diagnosed with breast cancer. To help pay her mounting medical costs, Mary was able to borrow against the cash value of several permanent life insurance policies she had owned for almost twenty years.
Life Insurance allows a Dad to be a Dad
Sadly, after a three-year battle, Mary died at age 48, leaving behind George and their four sons. George, 52, used the insurance benefits to repay the loans against her policies and other medical costs and debts that had accumulated during Mary’s illness. He also paid off half their mortgage.
Life Insurance allows a Dad to be a Dad
More importantly, the insurance allowed George to accept a lower-paying job closer to home. Now instead of a 70-mile commute and having to work 12-hour shifts and every other weekend, George works weekdays until 3:30 p.m. That gives him the freedom to be there when the boys arrive home from school, attend all their activities and fully participate in their lives. “That’s really important to me, and I know it would be important to Mary.”
What is your plan? Do you have a plan? Go to Your Life Insurance 411– Because you Care.
Life Insurance allows a Dad to be a Dad
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