Say you are retiring from a large corporation who has contributed to a deferred compensation plan for you for years. Now you have the option of taking your retirement income in the form of an annuity either as a single life annuity, which will pay you 00 per month for as long as you live, [...] Read the rest of this entry »
Historically, when you quit smoking cigarettes and applied for a life insurance policy, you would have to be a non smoker for 5 full years before being able to qualify for a company’s best non tobacco rating. Great news! That number has dropped to 3 years, not offered at Read the rest of this entry »
Recently, after speaking to a prospective client about his medical issues, I contacted some of my life insurance company underwriters requesting a “trial offer” on his case. When the trial offers came back, I shared the news with my prospect. He responded asking for Read the rest of this entry »
With the House passing the Bush Tax Cuts extension on Thursday, and the president officially signing the bill, we now have somewhat of a clearer picture of the future of estate taxes and the estate tax exemption amounts. The bill extends certain tax cuts that were set to expire Read the rest of this entry »
While I’m much more likely to receive a call from a prospective purchaser of life insurance with coronary artery disease and heart surgeries like bypass or angioplasty, I have also had the pleasure of helping some folks get approved at affordable life insurance rates who have had Read the rest of this entry »
I recently ran a disability insurance illustration for a doctor, and noticed many exclusions the policy would not cover. These excluded payment of benefits if you were injured or to become sick as the result of committing a crime or attempting suicide, for example. (For a full Read the rest of this entry »
I had a very interesting case recently, where a guy who wanted to purchase term life insurance had had diabetes II for years, was on Metformin, and a couple insulin shots per day. Then a couple years ago, he had gastric bypass surgery, and was quite literally cured of diabetes. Read the rest of this entry »
Experienced life insurance agent finds best rates for diabetics, considering tobacco use, medication, weight, control, a1c. Read the rest of this entry »
Can you purchase life insurance on your ex-husband or ex-wife? Sure can! Must meet 2 criteria of having an insurance interest and telling ex-spouse about the life insurance. Alimony is #1 reason for buying life insurance on an ex-spouse. Read the rest of this entry »
What do a pot smoker, a guy with a pacemaker and another guy whose parent died of cancer have in common? If searching for affordable life insurance, we can learn from all three. Read the rest of this entry »
