Backdating Life Insurance Can Save Money, But It Can’t Fix Stupid!
If you’re in your 30′s life insurance backdating is not an issue that you probably need to know about or even consider simply because, at your age, the cost of insurance doesn’t change much, if any, from year to year as you get older. Not so when you’re talking about vintage over 50 life insurance ...read more
Does “Delivering On Promises” Sound Good To You?
I got a company memo today, that in light of all of the companies who have gone the wrong direction in the last year, caught my eye. “Delivering on Promises”. I wasn’t even sure what it was going to be about but I was pretty sure this would be something I would want to share ...read more
What’s So Great About Term Life Insurance?
The debate will probably continue well past me and all of those joined in the discussion at this time, is term life insurance an appropriate financial planning tool? The debate used to be term insurance versus whole life insurance. Then came universal life insurance with its’ own spin on cash value and the debated diverted ...read more
Looking At Permanent Life Insurance Again Next Year? Big Mistake!
Don’t you just hate the fact that hindsight is 20/20 and when you look back with clear vision you see that you waltzed right past some of the deals of the decade? Hasn’t happened to you? YET! With very few exceptions people who look at conversion quotes on life insurance are shocked. They love the ...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
Do I Still Think Suze Orman Is A Life Insurance Idiot?
A few years ago I wrote a post sharing my feelings about getting life insurance advice from Suze Orman, expressing at that time that she was “a true life insurance idiot”. I just finished watching a recent offering by her on you tube and while she has made some headway, she should still steer clear ...read more
Life Insurance For Dummies, Or By Dummies, Or….
“If you need life insurance for more than 20 years, choose whole life; for 10 or fewer years, choose term life. For the time in between, ask a licensed professional to review your situation.” This patently ridiculous advice came from an article titled Term vs Whole Life”, I read recently by someone is most definitely ...read more
Don’t Forget The Gold Nuggets!
Term life insurance is a product that is sprinkled with gold nuggets that make it so much more than it appears on the surface. The great news is that the nuggets are part of the policy and are not added on at an extra cost. One of those nuggets that I often take for granted ...read more
West Coast Life Bags Current Customers!
I am and always will be all about guarantees in life insurance. The job it is purchased for is simply far to important to leave up to the whims of the economy or the company. In the absence of contractually guaranteed rates, the company has the right to change your premium to a higher one ...read more
