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By Ed Hinerman on February 25, 2012
With the introduction several years ago of 30 year term insurance and no lapse guarantee universal life, which is essentially a term for life, some agents have lost sight of the fact that there are legitimate short term needs for life insurance. It wasn’t that long ago when annual renewable term was a popular product, ...read more
Posted in business life insurance, insurance, life insurance, term insurance, travel insurance | Tagged 10 year term, bridge coverage, business sale transition, face amount more important than long term, insurance, life insurance, not all needs are long, not all needs are permanent, short term event insurance, short term life insurance, short term life insurance needs, short term note, short term travel insurance, something is better than nothing, travel insurance, yearly renewable term, YRT
By Ed Hinerman on September 15, 2011
I have a client that is 76, the kind of guy that I envy at 18 years his junior. He skis the Rockies every year and is still an instrument rated private pilot, and an active business owner. The last two business life insurance policies we got him at ages 70 and 71, we were ...read more
Posted in accidental death, estate taxes, High Limit AD and D, insurance, life insurance, private pilots | Tagged aviation exclusion, business life insurance, estate tax life insurance. accidental death, extortion, insurance, kidnap, life insurance, Lloyds of London, pilot life insurance, private pilot life insurance, ransom, travel insurance
By Ed Hinerman on May 24, 2011
Well, if it’s for the next five minutes you are out of luck, but if it’s for 5 minutes next week you can have your wish. And really I’m not talking about life insurance but rather accidental death insurance. Specifically this comes up when you get a chance to do something that to you, or ...read more
Posted in insurance, life insurance, skydiving, terrorism, travel insurance | Tagged accidental death insurance, Afghanistan, insurance, life insurance, mountain climbing, skydiving, terrorism, travel insurance
By Ed Hinerman on February 24, 2009
I can remember when life insurance was sold from vending machines in airports. “Flight” insurance I think they called it. Really put my mind at ease. While that has come and gone, some travel still carries with it a risk worth considering. With our global economy it is very common today for business people to ...read more
Posted in foreign travel, insurance, kidnap, life insurance, ransom, travel insurance | Tagged foreign travel, insurance, kidnap, life insurance, ransom, travel insurance |
By Ed Hinerman on January 27, 2009
A client of mine called the other day and asked if I could track down some kidnap insurance for his top executives. They have a very successful world wide company and their success has started to expose them to the realities of being American in places where our dollar may not be worth much, but ...read more
Posted in insurance, kidnap, life insurance, ransom, travel insurance | Tagged insurance, kidnap, life insurance, ransom, travel insurance