Left Behind! Civilian Contractors In Iraq!
I am working with a group of men on their war zone coverage, who have been waiting for three months now to start a series of one month trips to Iraq and Afghanistan to do finish work on some newly constructed airport facilities. As is becoming more common in Iraq especially, there have been delays. ...read more
Inexpensive War Risk Insurance For Civilian Contractors!
If you’ve entertained looking into high paying work in Iraq and Afghanistan, you’re not alone with the job situation here. The lure of a year or two of work to get back on financially stable ground is tempting. But “job” comes with an asterisk in places where folks are hurting each other and the truth ...read more
United Of Omaha Has It Right!!
United of Omaha came out with a marketing piece today that just made me smile. One of the things I feel so very strongly about in life insurance is the ability to convert a term insurance policy to a permanent life insurance product. Some companies have recently come up with creative, and not so creative ...read more
American General Walking On Thin Ice!
Here we go again! I have a customer that has a 20 year term policy in force with American General. It’s been in force about 6 years and when I called the other day for an annual review he asked what it would cost to convert $100,000 of the policy to permanent. I asked the ...read more
So, What’s Up With AIG?
AIG, parent company of American General Life Insurance, has been a topic of much discussion and disdain after being bailed out to the tune of $180+ billion by the US Government. As American General customers have called in concerned over having their life insurance tied up with a failing company, I have been steadfast in ...read more
Build Your Own Flexibility!
One of the considerations when you are putting together a life insurance program or portfolio should be flexibility, a way to deal with the “what ifs” in life. I’ve seen this a little more than usual as people have dealt with different aspects of the recession. They put a policy in force prior to the ...read more
Don’t Be Afraid Of American General!
Let’s face it. If you want to turn a few stomachs in a discussion about the recession all you have to do is throw out the name AIG, the epicenter of the current economic meltdown. AIG owns life insurance giant American General. So, if you can control your gag reflex, should you actually consider American ...read more
Matrix Direct. Go Figure This One!
I got a Matrix Direct email today that may shed a little more light on one of the reasons AIG isn’t cutting it. AIG’s American General Life owns the big on line agency Matrix Direct. Not a bad idea for a company that has done so well on line to have their own mega agency! ...read more
Why Do Annual Reviews With Your Life Insurance Agent?
There are a lot of people that are suspicious of the whole annual review process on your insurance. It is perceived to be a thinly veiled attempt to sell you more insurance, and I have to admit that with some agents that may be true, but not always. It’s worth consideration as a valid practice. ...read more
And The Winner Is……….
Since AIG hit the skids last fall I have been keeping clients and readers on top of the “what ifs” with their life insurance branch, American General. AIG’s recession slide has been a boondoggle of epic proportions with nearly $150 billion of bail out money coming their way and their just announced $60 billion loss. ...read more
