Americans strongly believe in the power of life insurance. By the end of 2020, life insurance coverage in the United States totaled $20.4 trillion, with life insurance companies paying over $314 billion in benefits.
However, there are times when insurance
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Here’s How Poor Service from Life Insurance Companies Can Help Their Bottom Line.
Patti didn’t realize what it meant when her life insurance company sold off her policy to an investment group. She didn’t know the dynamic had changed and that her best interest was not as important to the new owners as…
5 Things to Know About Frank Campbell
“I don’t care what the truth is as long as I know it!”
Frank Campbell shares these sage words in his recent Spotlight from his networking group ProVisors. Frank’s mission is to continue to let folks know that 88% of…
The Upside To Getting Your Life Insurance Policy Audited
When it comes to life insurance, audits aren’t the enemy. Getting your life insurance reviewed actually protects you better.
A proper life insurance audit will get complete information from the issuing company on this specific policy.
Understanding the Process
In…
Is That a Piece of Paper, Or Is It a Pile of Money? It Depends…
In a few weeks, we’re going to be bringing Sally a check for $650,000. Several years ago, Chuck and Sally were referred to us. Their CPA had asked them for information on their life insurance policy. Like most people, they…
Changing Your Life Insurance
When you plan for the future, an important part of that process is purchasing life insurance. However, if time has passed since you first bought it, you may need to reevaluate your plan. Life changes such as getting married, having…
Are You Financially Secure Enough to Live for One Century?
Modern medicine is a wonderful thing.
Back in 1918, our life expectancy here in the United States was about 55 years of age. In 1968, it was nearly 71 years of age. The latest figures as of 2019, tacked…
Buying Your First Life Insurance Policy
Life insurance provides essential protection if you have loved ones that are financially dependent upon you. Unfortunately, many people do not know how to buy life insurance, especially when it comes to securing the coverage they need.
If you are…
Life Insurance: Not A One Stop Shop
When it comes to life insurance, many clients come in thinking their policies are a concrete document. They expect the rates and benefits in their specific plans to be set in stone. They naturally assume their families are safe. The…
Policy Reviews and The Stratus Difference
Life insurance policies need to be reviewed.
Earlier generation Life policies used to have unconditional guarantees. You could count on them to be there when needed. Unconditionally.
The overwhelming majority of modern, “permanent” insurance policies, however, don’t do that. Their…