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Convertible Term Life Insurance

Written by Scott W Johnson

Convertible Term Life Insurance is a form of life insurance that allows you to convert it at a later date usually with no further underwriting. There are all sorts of other considerations and terms that must be met. Why convertibles are such a good idea depend on what type of term (soon to be whole life) buyer you are. We find that most clients that are good fits for these products are one of two individuals – Read about these types of people and consider Convertible Terms.

Children’s Life Insurance

Written by Scott W Johnson

Should you buy a kiddie or children’s life insurance policy? When do these sometimes overpriced policies make sense? Our contrarian insurance agent’s viewpoint is not what you might expect to find. Children’s life insurance, sometimes known as Kiddie policies are life insurance policies for under age children. There are two different ways to procure coverage for minors. One is slightly better than the other.

AAA Term Insurance

Written by Scott W Johnson

AAA is a home and auto insurer in all fifty states. They are best known for their road side assistance programs and map packs. But buying life insurance from them may or may not be your best life insurance option.

Disadvantages of Universal Life Insurance

Written by Scott W Johnson

A recent article in the Wall Street Journal highlights many of the Disadvantages of Universal Life Insurance. IULs, VULs, and GULs all have major issues with them and we provide you with four of the major negatives that are universal with universal life contracts. Lastly at the end of this short article we reveal what the two best alternatives just may be.

Why Life Insurance Companies Ask for your Social Security Number

Written by Scott W Johnson

Why Do Life Insurance Companies Always want your Social Security Number? Will your number be safe, how will it be used. Is there a federal US law that requires insurers to have and keep your social security number when you buy term or whole life insurance?

Life Insurance for Retirement

Written by Scott W Johnson

Should you consider Life Insurance for Retirement? There are better and worse ways to use life insurance for and during retirement – Learn the smart options. Once you retire you may longer need a life insurance policy. But how do you know if you are one of these people?

Sample Life Insurance Calculation

Written by Scott W Johnson

Confused about how to calculate the necessary life insurance? Read an example of how one family came to the a financial conclusion that saved them tons of money from the typical rule of thumb life insurance calculation. Do not just assume that ten times earnings will work for you and your family, because often it is either too much or too little. They say the devil is in the details and this could not be more true.

Living Benefits

Written by Scott W Johnson

Living Benefits with Life Insurance? Although the general purpose of life insurance is a death benefit, many insurance policies, even term policies, now allow limited benefits during your lifetime. Although some of these benefits can have significant costs, others can be had for free.

How Much Life Insurance Do I Need

Written by Scott W Johnson

How Much Life Insurance Do you Need? This simple question is much more complex than many american consumers can begin to know. The old general ten times rule is a great place to start but it is not the be all end all determining factor. Clients need to consider and evaluate their life stage and potentially undertake a full needs based analysis.

Do I Need Life Insurance

Written by Scott W Johnson

Do I need life insurance – this simple question does not have a simple easy cookie cutter answer. Consider your current life stage and your future plans. Determining your need for life insurance often can involve hard questions where there are no easy answers. Consider our life stages chart.