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Posts Tagged ‘life Insurance’

The Value of Life Insurance in the Recession

June 9th, 2018 Comments off

Those who have life insurance coverage know the importance of life insurance products. It is the very reason that they buy them in the first place. It is basically a death benefit that is targeted to ease the suffering of your family if you pass away prematurely during the coverage period. The problem is that us humans are inherently forgetful. After some time we tend to forget the importance of the life insurance coverage and start thinking of the burden of the monthly premium payments. We forget how important it is for our family’s future. It can even get so bad that you start to resent the monthly payments for what might.

A look at Term Life Insurance Products that we think represent great value to you.

Stop Throwing Away Your Money!

May 28th, 2018 Comments off

“What I am about to share with you makes so much sense that you will probably get mad that no one ever mentioned it to you before now.”

Perhaps, Sam Walton said it best, Capital is not scarce vision is.

John Q. Adams wrote in 1829 that,

All the perplexities, confusion and distress in America arise from downright ignorance of the nature of coin, credit and circulation.

Well, people are still perplexed today, by the same thing John Adams referred to when he wrote that statement back in 1829! All this is because the population has been kept in the dark about how banking really works. This is not an earth shaking thing. The disease of money and banking can be found throughout the Unites States. John Maynard Keynes had this to say:

There is no subtler or surer means of overturning the existing basis of society than to debase the currency. The process engages all the hidden forces of economic law on the side of destruction and does it in a manner which only one man in a million is able to diagnose.

If Keynes a widely recognized economist of his time said it would take one in man in a million to be able to recognize this problem, don not kick yourself too hard because you did not recognize this before now. But do take a deeper look at reality so that you will be able to recognize the facts so you can stop throwing money away.

This is a different way to think about things, people regularly bid goodbye to 30% to 40% of every dollar they earn (that is after taxes.) This is because everything we purchase has a financing cost. That is correct! This is why; either people use money belonging to someone else and have to throw away their money to pay the interest, or they pay cash outright and lose all the interest that their money could have made for them. Both ways can be depressing. This is the banking equation revealed!

But you know, it does not have to be that way. It has been proven time and time again, that the method of using life insurance cash values as a personal banking system works. By Becoming Your Own Banker, utilizing the Infinite Banking Concept as explained by R. Nelson Nash, you can capitalize on your own debt just like the banks and financial institutions do right now, only you will be the winner this time around not them.

Dr. Tom McFie of Life Benefits, Inc. is recognized as a personal financial coach.Utilizing the Infinite Banking Concept he has helped hundreds of people and business owners recover 30-40% of what they currentley spend.

Beat the jargon: Final Expense Life Insurance

February 23rd, 2018 Comments off

It is unfortunate, but death really does come to us all; this is why it is crucial that we invest in a policy such as final expense life insurance. By taking out this option of burial policy, it is possible to leave all the hassle and stress of death, for you and your loved ones, behind.

A burial policy, such as the final expense life insurance option, is purposefully designed to help with the fees involved with your funeral. Whereas some are strict about what the funds can be used for, this insurance policy is a lot more flexible. As well as paying for the funeral arrangements, the funds can be used to pay off existing debts after you have passed away. Legal fees and medical bills do not have to be sorted out and paid for by your relatives. There are no stipulations about how the money should be used, other than to clear the costs of the funeral.

Some death insurance policies do not allow you to name a specific beneficiary, whereas this type of policy does. You can then discuss with the named beneficiary how you would like the money to be spent after you have died. One advantage of this policy, certainly for the beneficiary, is that any extra funds belong to them after all the funeral expenses and specified debts have been paid off.

You could opt to elect a spouse, partner, friend or one of your children as the beneficiary; the list is practically endless. If you decide to have one of your children as the beneficiary, it is recommended that you hold the policy in some kind of trust. This is because the funds may be subject to tax and by adopting this method, these issues are ironed out.

Applying for final expense life insurance is quick and easy; most of the insurers allow you to apply online and you will get quick decision. Most of the time it is not necessary to answer any questions relating to your health or be requested to undergo a medical examination.

The insurance agent may request that you take what is known as a guaranteed policy. This kind of burial policy means that there is a required waiting time before the policy becomes “effective”. If you should pass away during the waiting period, the paid premiums are returned in full. If you pass away after the specified waiting period, then the funds will be paid in full to the named beneficiary.

You can take final expense life insurance policies out in joint names. It should be noted however, that most insurers will only pay out the death benefit for the first death. The subsequent death will receive no further payout. The premium you will pay will be a set amount that will not change during the period of that particular policy. The policy will also remain intact as long as the premiums are paid up to date.

For all of these reasons, it is best to look into getting a final expense life insurance policy sooner rather than later. By getting these types of policies in place, you can get on with enjoying the rest of your life.

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Do You Need A Life Insurance Broker?

November 21st, 2017 Comments off

The simplest answer to that question is, no. However, there are definitely times when an insurance broker can be helpful. They can actually save you a considerable amount of money.

It does not matter whether you want to purchase car, health or life insurance, there are a large number of companies to choose from, and a significantly extensive number of complex plans available. Translating those plans can be frightening, especially if you have not had experience in this area before. This is where the services of a broker can be invaluable.

A life insurance broker is, fundamentally, a go-between. They step between you and the insurance company. In fact, it’s their job to seek out the lowest insurance policy. Because an insurance broker does not work for any specific company, they are able to develop relationships with numerous insurance companies. This allows them to hunt for the best options, answer questions, and point you in the right direction, as far as your insurance needs are concerned.

Once you select the broker you want, you supply them with your specific details and needs. From there, the broker begins sorting through the choices available, looking for the best deal. The broker will either give you multiple quotes to choose from, or offer you the lowest option available. Now all you need to do is compare several insurance estimates from the leading companies. You are now able to make an informed decision on which one will work best for your particular situation.

Because they do not work for any one company, a broker must be familiar with all the leading insurance companies. They know the reputation of each one. They also know how the company operates. They can answer important questions, as well as inform you about such things as how often premium increases occur, and how they handle claims.

Insurance brokers work on commission. The insurance companies pay them for every policy they sell. If you were to go to the company, and purchase a similar policy, you could not get it at a cheaper cost. What that means is that using a broker to help you find the best policy costs you nothing more, and it takes a great deal of stress off your shoulders. The broker does the research and deals with all the frustrations of weeding out the better polices. All you have to do is consider the options he presents for you, and make a decision on which one is going to work best.

One of the biggest benefits a broker offers is his or her expansive knowledge of the marketplace. Not only can they find you the policy you need, they can do it quickly. They can also get you exactly the kind of coverage you want, at a price that would be hard for you to match. Brokers understand the technicalities of insurance contracts, and they can make sense of all the small print. They also have answers for your questions. Choosing to use a broker is an astute decision.

Susan Reynolds is the content coordinator for a leading South African Insurance Provider who specialises in Life Insurance.

All You Need to Know About Life Insurance Leads

November 8th, 2017 Comments off

One thing that you need to be aware of in finding great life insurance leads is that many companies claim to have great leads when they really aren’t of any value whatsoever. You need to find out where they are finding their leads from. If they are getting them email opt in lists from a site that isn’t exclusively about life insurance than you need to look somewhere else for your leads. Many companies have sites that just grab emails and then they sale them to you and tell you that they are great leads. These are not good leads my friend. You should always buy a few just to see if they convert and then make your decision.

Quality life insurance leads are out there and you can find them, but you have to know what to look for in these companies that provide the service. There are certain things to look for and some of these things might seem pretty obvious and other traits, not so much.

When you are looking at the leads themselves you should look for the company to provide a lot of information about each particular lead, meaning a lot of research. While there might be a lot of information provided, this information has to be relevant and pertinent so that the details can help you determine your approach. One of the most important aspects of a lead generation company should be that their leads are exclusive.

Don’t be fooled by a company being able to offer a lot of information for each lead, you need to make sure said company can back up it up with useful quality information.

There will always be those companies that are dishonest and make up leads for people that in no way qualify for life insurance. Don’t fall for these scams, you have to do research on the company before believing them.

When using a life insurance lead generation company it is important that the leads you are paying for contain as much detailed generation as possible.

Having more details is always better, after all you are going to contact your leads. You need more than just an address if you plan on getting in contact with the leads. Make sure you secure a phone number and email along with the address of each lead.

More details on life insurance leads and life insurance lead generation