We are officially in Holiday season mode! Typically, merrymaking is a chance to carve out some quality time to eat, drink and be merry with family, friends and colleagues. If you're hosting however, and your feast goes foul, here are some helpful insights that Insurance Information Institute advises.
It is somewhat long but may be worth your time. Hint: it's not about food, football, pumpkin pies and stuffings.
Thanksgiving Day – is a time to spend with family, and to reflect upon our lives and lend appreciation to our nation’s humble beginnings. How far this country has become!
We spend a lot of time talking about how much life insurance costs,but there’s another dollar value that’s even more important to consider: The amount your bereaved family members will receive. Is it enough to support them? Is it sustainable? These are the few of the many questions every policyholder needs to ask.
There are two variables to consider:
Life insurance is indeed a necessity for every household. If you’re interested in speaking with a professional about the right coverage for your family or to get rates give our agency a call today.
Welcome to our new insurance agency blog!
This is our very first post. We're not quite sure what we're going to write about here, but the plan is to create helpful content for customers and prospective clients about information that is relevant to you.
We hope you'll come to view this as a top resource for keeping your family and your finances safe.
Here are a few of the topics we may be writing about:
If you have a job and you rely on your paycheck to meet your monthly bills and financial obligations, you need Disability Income Insurance. Simply put, it doesn't take much to figure out that if you lose your ability to earn an income, you will deplete your personal financial resources and perhaps even tap into other people's resources to make ends meet, unless of course you have enough to cover your expense entirely if you stopped working for a long period of time.
In essence, disability insurance is there if you suffer an injury or illness and can’t work for an extended period of time. It will replace a portion of your income until you’re able to return to work again. Most people who are working don’t have this basic protection for the long term, and often it’s because they self-talk themselves out of it and say they don’t need it. Here are four myths about disability insurance
and its importance in protecting your ability to earn an income.
Fact is, the greatest threat to living a comfortable retirement is not stock market fluctuations, no matter how dramatic or resilient they might be. Instead, it is the potential need for disability income protection (DI) or perhaps even long term care insurance (LTC). Most people completely ignore the need to protect themselves against an even bigger risk, which is the risk of becoming ill for short or long periods of time. Nothing is worse for a parent or any individual than becoming a burden to their children or relatives and friends when they are most vulnerable and everyone around them are unsure and even financially unprepared to help.
The good news is that today’s disability insurance and long term care coverage offers flexible benefits to consumers without the risk of their premiums going up, and without requiring policy holders to pay out of pocket for something they may never need. These products are truly revolutionary and completely underutilized because most consumers and advisors simply don’t understand how they work. They truly can provide insurance for a client’s retirement portfolio and ensure that their assets are not depleted by unexpected medical expenses. Best of all, the client can get 100% of the money back if they never have a need for care, rather than wondering whether they are wasting money on coverage they may never use. We are more than glad to provide you more information about DI and LTC.
Quit taking risk that isn’t necessary and establish some peace of mind in retirement.
To the many millions of Americans age 60 or older, I have an appeal to you. Picture this scenario.
You worked most of your life envisioning a comfortable retirement. You were prudent and saved
up: you set aside money into your 401k plan, maintained an emergency fund account; you diligently saved money for college early enough to ensure that the cost of college for your kids wouldn’t impact your long-term financial goals; you had even paid off your mortgage! Then, the day came and all of a sudden, the stock market tanked. The economy slowed down big time. You lost almost fifty percent of everything that you worked so hard to build. Have you been through that scenario? Where everything you thought was certain became instantly uncertain? I don’t believe that you can fully imagine what it actually feels like. I am pretty sure it does feel like you just had been robbed clean. You then blame your investment advisor for not having accurately predicted this downturn...but you know you really can't. Nobody can truly and accurately predict the highs and lows of the stock market. They can see some economic indicators but it would be unrealistic if you expect them to have the most perfect timing.