Stratus Financial Partners

Website: https://stratusfp.com/
Follow:

Stratus Financial Partners Blogs

Stratus Financial Partners Blog

Blog Authors

Frank Campbell
Stratus Financial Partners

Latest from Stratus Financial Partners

https-stratusfp-com-wp-content-uploads-2020-11-1-435-300x200-jpg
This edition of “What’s Trending in Life Insurance” mentions articles from Forbes, Business Insider, and Financial Express. Why Stay-at-Home Parents Need Life Insurance A recent article from Forbes discusses the question, “Do stay-at-home parents need life insurance too?” Our take – Every situation is unique, and life insurance policies could be a great fit for anyone, given the right circumstances, to serve their priorities. The author acknowledges all the financial support a stay-at-home parent actually…
 Another Veterans Day is upon us, and I have some thoughts for you about veterans and heroes. When I was a child, if there wasn’t a veteran in your house, the next-door neighbor probably was. They were everywhere. These days, less than 7% of our population are military veterans. My favorite definition of a veteran is someone who, at some point in their life, signed a check payable to the government of the United…
 We all know that feeling. That sinking feeling, where something unexpected pops up in front of you and tries to ruin your day. Well, some of those things are more serious than others and, of course, I have a couple of examples for your consideration. What does life insurance have to do with the battery in my truck? More than you might think: Problem The other day, I decided to drive my truck to…
 One of the things I’ve learned in this job is that we can’t always prevent bad news, but what we do can lessen the impact of that bad news. Here’s an example: Problem George died. He was lean and active and vibrant. You’ll never find a healthier sixty-year-old. He was a partner in a well-run business and married to his childhood sweetheart. George really didn’t have a lot of problems. His passing, however, has…
https-stratusfp-com-wp-content-uploads-2020-10-robert-tudor-ejhr26lqfhi-unsplash-300x200-jpg
This edition of “What’s Trending in Life Insurance” covers stories from Reinsurance News, Insurance News Net, and Fox Business. Negative Outlook for UK Life Insurers: Moody’s Last week we posted a “What’s Trending” article about how Japan’s insurance market has dealt with the effects of low interest rates. This week comes a story about similar problems that may affect the UK insurance industry. Because of a shrinking economic outlook, combined with prolonged low…
https-stratusfp-com-wp-content-uploads-2020-09-survivorship_life_insurance_jpg_iubfldvo-e1599637083371-300x169-jpg
This edition of “What’s Trending in Life Insurance” covers stories from Forbes, BusinessWire, and Fitch Ratings. Who Should Have Survivorship Life Insurance? Forbes recently came out with an article regarding survivorship life insurance plans, and how they may work well for some people’s unique needs. Survivorship life insurance is essentially one policy, covering the life of two people. It pays at the passing of the second person. Whatever happens, the survivor in the plan will…
As National Life Insurance Awareness Month comes to an end, we’ve seen an upsurge of articles relating to what life insurance is, why you should have it, and what type of policy is best. One common theme, however, is that all this content is centered around the acquisition of a new policy. Now, getting a new policy isn’t a bad thing, but if I was in charge of National Life Insurance Awareness Month, I would…
https-stratusfp-com-wp-content-uploads-2020-09-evaluating-life-insurance-policies-stratus-financial-partners-300x200-jpg
When it comes to life insurance, the word “guarantee” may have different meanings. The first question that should be asked? “Is the guarantee conditional or unconditional?” Here’s why: Problem There’s hardly ever a problem when a policy has unconditional guarantees. “If you pay this premium, we will pay this death benefit to your age 120” is an example of an unconditional guarantee. In almost every problem case we review, everyone assumed the policy did indeed…
https-stratusfp-com-wp-content-uploads-2020-09-2-300x169-jpg
This week’s edition of “What’s Trending in Life Insurance” covers a lawsuit against State Farm, COVID-19, and the current state of the industry. Read below to learn more: DFR reaches $230,000 settlement with State Farm The Vermont Department of Financial Regulation (DFR) recently settled a case with life insurance provider State Farm. The lawsuit, filed as a result of alleged underpayments from State Farm, accused the company of improperly managing their death benefit payout. An…
https-stratusfp-com-wp-content-uploads-2020-08-3-300x169-jpg
This edition of “What’s Trending in Life Insurance” covers three stories regarding the COVID-19 pandemic, and how it’s affecting life insurance as we know it today. How the Pandemic Will Change Our Lives for the Foreseeable Future Our first article comes from the folks over at Live Insurance News. It discusses the psychological effects that COVID-19 has had on our society today, and how it’s changing the way people think about their life insurance policies.…