Browse: Home / over 60 life insurance
By Ed Hinerman on June 6, 2013
Allow me to blow right by all of the internet clutter of $12 a month for $500,000 of life insurance. There is no question that those are low rates even though they are enticing unknowing young clients with prices for 10 year term insurance, a completely inappropriate recommendation at younger ages. But almost without fail ...read more
Posted in application process, approval, BMI, final expense life insurance, guaranteed issue life insurance, impaired risk life insurance, insurance, life insurance, life insurance approval, no exam | Tagged BMI, BMI of 50, criteria for approval, final expense life insurance, final expense over priced, fit into your budget, inappropriate recommendation, insurance, insurance needs, life insurance, low life insurance rate, melanoma life insurance, no exam and instant is easy, not the best rates available, obesity life insurance, over 50 life insurance, over 60 life insurance |
By Ed Hinerman on March 21, 2013
Even though Protective and West Coast Life fired me years ago I still get their propaganda and that, along with an almost simultaneous run in with a Protective abusee has once again fired me up again to remind all of you out there who have Protective linked policies, even those that go all the way ...read more
Posted in conversion, guarantee, guaranteed level premium, life insurance, over 50 life insurance, Protective Life, term insurance, universal life, West Coast Life | Tagged adverse selection, conversion option in term life insurance, determined permanent needs, honest life insurance agent, insurance, life insurance, over 50 life insurance, over 60 life insurance, policy rendered useless, Protective Life Actuaries, Protective Life protecting themselves, Protective Life term life, Protective Life term sales binge, reason for conversion option, removed permanent coverage from conversion, term life insurance
By Ed Hinerman on January 17, 2013
I’ve spent significant time in my career in life insurance explaining to clients and potential clients the difference between what an underwriter says and what their doctor has told them. They are often two starkly different opinions and it creates confusion when your doctor says you have the heart of a 30 year old (preferred ...read more
Posted in epilepsy, insurance, insurance quotes, life insurance, life insurance approval, seizure disorder | Tagged anti seizure medication, insurance, life insurance, life insurance medical directors, life insurance standard rate, life insurance underwriting, over 50 life insurance, over 60 life insurance, seizure disorder, standard rate average, underwriters are stupid |
By Ed Hinerman on March 22, 2012
I turned 59 the other day and boy am I glad I already have my life insurance in force. I’ve heard that life insurance over 60 really takes a huge jump. But wait, I heard the same thing about over 50 life insurance and that wasn’t exactly true. The absolute truth about that urban legend ...read more
Posted in insurance, life insurance, over 50 life insurance, senior life insurance | Tagged 10 year term, 15 year term, budget, Dave Ramsey, insurance, life insurance, life insurance rates leap, over 50 life insurance, over 60 life insurance, over 70 life insurance, when it lapses you lose, Zander Insurance
By Ed Hinerman on November 27, 2011
For us more seasoned life insurance buyers there is an industry tendency to want to squeeze us all into the same companies and product type, senior life insurance or final expense life insurance. This would be OK 1. if over 60 life insurance needs really did change or 2. The companies that “specialize” in senior ...read more
Posted in AARP, guaranteed issue life insurance, Independent agent, insurance, life insurance, New York Life, no exam | Tagged AARP, final expense life insurance, grotesquely overpriced, guaranteed issue life insurance, insurance, life insurance, New York Life, no exam, no exam simplified issue life insurance, over 60 life insurance, over priced, poorly underwritten, scare tactics, senior life insurance, under guaranteed |
By Ed Hinerman on October 1, 2011
Allow me one more time to bemoan the good old days when US Financial Life Insurance was still roaming the earth. They doled out good news in life insurance underwriting in their short life span than any other company around. It was called clinical underwriting. Just as a review, most underwriting is done with what ...read more
Posted in blood pressure, bypass surgery, cancer, insurance, life insurance | Tagged affordable, approved, clinical underwriting, decline, heart bypass surgery, insurance, life insurance, lifestyle changes, mortality risk, one vessel bypass, over 60 life insurance, over 70 life insurance
By Ed Hinerman on August 24, 2011
For many families in the economy of the past five years the question has changed from when retirement will come to how long a person can work. Along with that change, the question of what life insurance portfolio structure is most prudent for seniors has changed dramatically. We all remember the good old days when ...read more
Posted in final expense life insurance, insurance, life insurance, over 50 life insurance, term insurance | Tagged final expense life insurance, financial planning, income for life, insurance, life insurance, lifetime income, over 50 life insurance, over 60 life insurance, retirement age, retirement options, retirement packages, senior life insurance
By Ed Hinerman on August 18, 2011
I can hear the whole life insurance guys once again musing about what kind of a nut case would recommend term life insurance during crazy economic times. Well guys, I’m back!! For those over 50 and over 60 life insurance may be the only way to salvage the vestiges of a retirement fund that is ...read more
Posted in insurance, life insurance, term insurance, whole life | Tagged 2008, economic shakeup, insurance, life insurance, over 50 life insurance, over 60 life insurance, reitrement fund, tax free death benefit, term life insurance, whole life
