Succession Planning for your Business
Business Life Insurance for Partners and Succession Planning When you go into business with other people, it’s important to stop and think about what might happen in the event that you or one of your partners passes away. It’s one … Continue reading
Mother’s Day Question – What’s a Mother Worth?
Before you start storming the castle with pitchforks and torches, I am not talking about the intangibles a mother’s brings to one’s life, and I certainly wouldn’t be bringing it up a couple of days before Mother’s Day. Having lost … Continue reading
Name your Beneficiary Wisely
When you purchase a life insurance policy, you must name the person, persons or entity (e.g. trust) that will receive the death benefit of your policy upon your death. The amount of unclaimed death benefits in the U.S. is staggering. … Continue reading
Life Insurance Salespeople and Trust
At the end of a phone call with a prospective life insurance client the other day, he thanked me for my honesty and told me he always had a significant mistrust of life insurance salespeople. I asked him why and … Continue reading
Do you Think Life Insurance Costs too Much?
If you do think life insurance costs too much, you’re not alone. According to a 2012 study conducted by LIFE (The Life and Health Insurance Foundation for Education) and LIMRA (Life Insurance and Market Research Association), consumers are under the … Continue reading
How Life Insurance Can Benefit Same-Sex Couples
The New York Times recently an article calculating the average costs incurred by same sex couples when compared to their heterosexual counterparts and found that an average same-sex couple will end up paying anywhere from $30,000 to nearly $212,000 over … Continue reading
Toilet Paper, Baked Beans and Life Insurance
While walking down one of the aisles at my local Costco last week (after ruining my dinner appetite with too many food samples), I wondered if Costco, or other big box stores would ever start selling life insurance. The next … Continue reading
Life Insurance Advertisements – Truth or Fiction?
I have recently been hearing a lot of life insurance advertisements on the radio. While I have a great faculty for tuning out most radio and TV ads, being that I’m in the life insurance business, I must say ads … Continue reading
Men’s Health – Time to Man up
Men have a poor track record when it comes to health. I recently read a magazine advertisement for United Health, titled “Be a Man About it,” promoting an online tool they created to help men (and women) prioritize and schedule … Continue reading
Life Insurance – What’s in it for me?
I was flabbergasted recently when a prospect asked me this question about a term life insurance policy I was discussing with him – “what’s in it for me?” He is what we call in the life insurance business a perfect … Continue reading
