funeral costs

LIAM- Life Happens…. Are you ready?

Buddy “Cake Boss” Valastro was just 17 when his father died with no life insurance, leaving him with no choice but to quit high school to take over the family bakery. Watch this powerful video.

“It’s a sad fact, but children must sometimes learn from their parents’ mistakes.” Watch Chez Ortiz’s story

Life happened for Melissa Wandall in the most unthinkable way when she was 9 months pregnant. Would your family be OK financially if you or your significant other were suddenly out of the picture? Her story

September is Life Insurance Awareness Month

The sluggish economy continues to put financial strain on many of us. So it just makes sense to examine our budgets and look for ways to trim the fat from our monthly expenses and put more into savings, if possible.

That’s a great way to help stabilize your finances, but it’s also important that you have a financial safety net in place in case something were to happen to you. Life insurance is one of the few guarantees your family could rely on to maintain their quality of life if you were no longer there to provide for them.

There are 95 million adult Americans without life insurance, according to LIMRA, an insurance industry research group. The fact is, the vast majority of Americans need life insurance and, sadly, most people either have none or not enough.

If someone depends on you financially, you need life insurance. It’s that simple.

September is Life Insurance Awareness Month, making it the perfect time to take stock of your life insurance needs. We offer three additional reasons why now is the best time to look into getting life insurance.

  • You’ll never be younger than you are now. While that may sound obvious, youth is on your side when it comes to life insurance. It makes good financial sense to get coverage when you’re young and healthy, as premiums are based on your age and health. For most policies, your premiums will be locked in at that rate over the life of the policy, and can’t be raised due to a change in your health status.
  • It’s affordable, with rates near historic lows. People overestimate the cost of life insurance by nearly three times, according to a recent study conducted by LIMRA and the LIFE Foundation, a nonprofit insurance education organization. In fact, life insurance rates remain near historic lows; the cost of basic term life insurance has fallen by nearly 50 percent over the past decade. For example, a healthy 30-year-old can buy a 20-year, $250,000 level-term policy for about $13 per month.
  • Life happens. One day life is going along smoothly, and the next, you’re thrown a curve ball. No one knows what the future holds. None of us expect to die prematurely, but the truth is roughly 600,000 people die each year in the prime of their lives. That’s why today is always the best day to take care of your life insurance needs.

“Things would’ve been so much easier if my mom had life insurance. All the responsibility for supporting the family financially and taking care of my sisters and me fell on my dad’s shoulders.” —Boomer Esiason, NFL MVP quarterback and spokesperson for Life Insurance Awareness Month

Consumers can get a general sense of their life insurance needs by going to and using the online calculator offered by the LIFE Foundation. The next step should be to contact us to conduct a more comprehensive needs analysis and help you find the right products to fit your specific needs and budget.

Download this Consumer Guide to life insurance

Types of term life insurance policies

How life insurance savvy are you? Take this quiz and let us know!

The great debate: term vs. perm #lifeinsurance. Get the answer with this easy tool.  #lifehappens

There are probably many more than a million reasons why you need disability insurance. And they all lie in one number: the money you’ll make over the course of your career. Curious to know how much you’ll make? Plug a few values into LIFE’s Lifetime Earnings Calculator below. The results may surprise you. This calculator is also intended to show you how much money you stand to lose if you become sick or hurt and can’t work.

If someone will suffer financially when you die, chances are you need life insurance. Life insurance provides cash to your family after your death. This cash (known as the death benefit) replaces your income and can help your family meet many important financial needs like funeral costs, daily living expenses and college funding. What’s more, there is no federal income tax on life insurance benefits. Life Insurance – Who needs it? Most Americans need life insurance. To figure out if you need life insurance, you need to think through the worst-case scenario. If you died tomorrow, how would your loved ones fare financially? Would they have the money to pay for your final expenses (e.g., funeral costs, medical bills, taxes, debts, lawyers’ fees, etc.)? Would they be able to meet ongoing living expenses like the rent or mortgage, food, clothing, transportation costs, healthcare, etc? What about long-range financial goals?

Brittney LaCombe – A Mother’s Death Brings on Struggle
When Brittney was 20, her mom died of a pulmonary embolism. In an instant, Brittney had to become a mother figure to her two younger sisters and the family’s sole breadwinner, all while continuing her college studies. Brittney works tirelessly and is determined to persevere.

End of life expenses can add up quickly, but life insurance can help cover the costs. Just a small investment over time can eliminate big debt later on. The protection may be more affordable than you think. Contact us for a quote!

The key to any good relationship is trust and the client/agent relationship is no exception. You need to trust your agent’s knowledge, experience and professional judgment. And above all, you always should feel that the agent is acting in your best interest. The agent also needs to trust you. He or she needs to know that the information you provide is truthful and complete. And ultimately, the agent needs to have faith in your ability to make the right choices for your family. When it comes time to visit with your agent, here’s some information that will help ensure a productive meeting: