A Look Back One. Term Life Insurance!
I thought it would be good to revisit some of the original posts on this forum. It’s been over 5 years and somewhere near a million words now and I wanted to see if I’m like a politician and flip flop on issues, or as I found in a few cases, the issues flip flopped ...read more
Banner Life Takes The Lead….Again!
In what appears to be a screeching halt to the bottoming out of term insurance prices, several companies moved within the past month to unseat perennial term insurance giant Banner Life, a subsidiary of Legal and General America. Banner responded today by lowering rates in their three best rates classes, preferred plus, preferred and standard ...read more
How Should You Insure Your Life?
I had a comment to a post I wrote last year over the weekend. This person stated, “As a non financially educated guy, I have a really hard time understanding how people in the same industry can have such varying opinions how to insure oneself.” This question was aimed right at the heart of the ...read more
West Coast Life Finally Comes Clean On Conversion!
After months of debating just how badly West Coast Life was treating its’ long time term insurance customers I was finally told that I wasn’t able to represent them anymore. That was last year. During those months Greg Zabel, some kind of a vice president of something for West Coast, assured me that they were ...read more
When You’re Over 50 Life Insurance Takes On New Meaning!
Being over 50 myself I read that title and my mind immediately went to the thought that, “Well of course it has new meaning. We’re a lot closer to using it.” Whoa, admitted my own mortality there! But what I want to get at is the fact that the needs and uses of life insurance ...read more
Now That You Know Your Post Holiday Weight!!
Now that the results are in and we’ve quietly sneaked on and quickly back off of the scales, let’s talk about what that number means in the world of life insurance. Whether it’s just extra pounds or obesity life insurance is available and at reasonable rates…..up to a point. We’ve talked a lot about the ...read more
How Is Zander Doing For All Of Us Dave Ramsey Fans These Days?
I got in a bit of a tiff with Zander Insurance Group about a year and a half ago over, at that time, their not showing the best preferred smoker rates when their clients were getting on line quotes. Being a long time Dave Ramsey fan and moderator for his Financial Peace University at our ...read more
Conversion Privelege Still The Gold Nugget Of Term Life Insurance!
Term life insurance has seen some changes creep into the portfolio this year. The introduction of the “Term/UL” by a few companies and the molestation of the conversion privilege by some others have left me wondering what’s coming down the road for my clients. Let me simply start by stating what I believe is obvious, ...read more
West Coast Life. Then and Now!!
April 14, 2010 was the day that West Coast Life and Protective Life terminated my contract with them. According to Gary Carroll in their compliance department I was terminated “for cause based on your failure to follow company advertising guidelines by posting agent only material on your consumer website and misrepresentation of the company”. Greg ...read more
A Case For Guarantees And A Real Budget!
I had this comment on a post the other day from Richard. “Just got off the phone with Lincoln and AM Family Insurance. No conversions on universal life policies. Ours are 15-19 years old, while there is no termination fees, if we cashed, they advise we to treat policies as term policies and make no ...read more
