Wednesday, July 26, 2017

Term Insurance and How It Works



Term life insurance is the original form of life insurance and can be contrasted to permanent life insurance such as whole life and universal life which guarantee coverage at fixed premiums for the lifetime of the covered individual.Term life insurance or term insurance which provides coverage at a fixed rate of payments for a limited period of time.

After that period expires, coverage at the previous rate is no longer guaranteed and the client must either forgo coverage or potentially obtain further coverage with different payments or conditions. If the insured dies during the term, the death benefit will be paid to the beneficiary.

Term insurance is the least expensive way to purchase a substantial death benefit on a coverage amount per premium dollar basis over a specific period of time.Term insurance is not generally used for estate planning needs or charitable giving strategies but is used for pure income replacement needs for an individual.
Term insurance functions in a manner similar to most other types of insurance in that it satisfies claims against what is insured if the premiums are up to date and the contract has not expired.

Term insurance is the most affordable life insurance option. It provides a fixed death benefit for a fixed premium payment, over a fixed period of time. Your premium payments are guaranteed and remain level for the term you selectinto them that are worth noting. First, some offer the option of converting the policy into a whole life or universal life insurance policy, which is a good option to have as you get older and might like to guarantee that your life insurance. Other policies guarantee you will be able to renew your level term insurance. Either way, it's also a good idea to check whether or not your policy has a cut-off age.
 5, 10, 15 20, 25 or 30 years.Level term life insurance can have a number of points written



Thursday, March 19, 2015

Why We Need an Advance Directive

       
 Advance Directive

When person is healthy and able to decide for themselves, they should consider setting up an advance directive with an Enduring Power of Attorney for future planning and to express their wishes for their care.Personal directives are legal documents that allow people to state what they would want done about non-financial matters, including medical and personal care, in the case of terminal illness, dementia, coma, or stroke.
These documents make it easier for family and friends to make non-financial and personal decisions when the person can no longer do so.

These documents also help the health care team recommend treatments that match the person's wishes.Many caregivers have said that a personal directive helped them a great deal when treatment decisions needed to be made. These documents represented their family member's interests when discussing health care and other decisions with the health care team, and helped reduce the stress associated with emotionally difficult decisions.
Personal directives also help older people feel confident that future medical decisions will be based on their values, wishes and beliefs.


Terri Schiavo parents and siblings argued that they spoke for her. But then there was Terri's husband and legal guardian, Michael Schiavo, who claimed he knew best and that Terri had often told him she would not want to be kept alive by artificial means. The divide between the two sides was as wide as a canyon.



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Friday, July 25, 2014

Veterans And Seniors Life Insurance Planning

Since I have been in this business I found that many people think that they can depend on Social Security to pay for their funerals but do not realize until it’s too late that Social Security only pays $255 towards their funeral. If you served your country as a veteran, VA will only pay up to $300 towards your funeral. With the average funeral costing $6,500 it is important to have a plan in place to pay for your funeral so that your family members are not burdened with this expense.

Social Security lump sum death benefit of $255 was enacted in 1954.At that time funeral cost just a few hundred dollars,so $255 went a long way to cover those expenses.

Most people probably don’t like to think about their own funerals but burial insurance can help you stop worrying about who is going to pay for yours. Although it might seem like little consolation after the death of a loved one, burial insurance can help defray the cost of the funeral and some of the emotional toll as well, especially after a sudden death. Suffering an unexpected loss can be overwhelming enough without being handed a hefty funeral bill on top of it.

It’s easy to apply for life insurance for the first time or add extra life insurance to what you already have. In many cases there will be no
Exam,no blood,no urine

Life Insurance For Seniors

Memorial Estate Planning Guide Book
can save your loved ones a lot of money and stress at the time of your death. With the high cost of funerals, the last thing anyone wants to think about after they lose a loved one is paying for and planning final arrangements. Life Insurance can help ease that burden by paying for many of the costs associated with funerals. In this article, you'll learn how is different from traditional life insurance, who can buy it and how much you should buy.

Unlike the high face value life insurance policies, Final Expense insurance is written with a much lower face value and is intended solely to take care of the cost of a person's final arrangements. A regular life insurance policy ranges from $50,000 to $100,000, while a final expense policy is typically purchased for $5,000 to $10,000.
Who Can Buy It?
Anyone can buy final expense insurance. Most often, however, it is purchased by those who are age 50-85 and do not already have a enough life insurance in place. Many final expense insurance policies can be underwritten without the applicant submitting to a medical exam. These no-health question plans seen on TV contain higher rates for the insurance,and may effect the face value of the policy for a longer period of time than underwritten life insurance.
How Much You Should Buy?

No one likes to think about what will happen after they are gone, but don't forget about the people who will be left behind and will need to take care of your final arrangements. Buying a final expense insurance policy is a good alternative that will help your loved ones pay for your funeral costs. To get started, an experienced agent can show your options that will fit your needs your budget and determine how much Life insurance you should buy. Augusta,GA and the CSRA

Tuesday, July 15, 2014

Electronic Identity Thieves Augusta,Ga.


I never imagined that  carrying credit and debit cards could be risky because of Radio frequency identification technology.

The ability of electronic technology to read magnetic strips and computer chips embedded in some credit cards that is kept in a wallet or pocketbook or on their person. The next step is stolen credit and identity theft. The victim may not feel a thing; they just got around the wrong people and didn't have any way to protect their cards, until now.

The Johnson and Associates Insurance Agency (JAI) based in Augusta,Ga. has introduced a specially laminated credit/debit card sleeve which keeps personal information safe from prying electronic eavesdroppers and prevent cards from being read by RFID scanners.

Protecting personal information when using credit/debit cards has become top priority for everyone. Now it can be done inexpensively with the JAI new anti-RFID Sleeves (see below). Practically anywhere someone goes with credit/debit cards on their person they are very vulnerable to thieves unless they have this new technology protecting the cards.

Click For The Free Anti-RFID Card Sleeve





Monday, June 30, 2014

Memorial Estate Planning Guide Book


I use to hear the older people say"nothing is absolutely sure except death and Taxes". One day you will die and when you do, someone will
have to settle your financial affairs.It will be to your advantage to invest some time to make things easier for them when the day comes.



Does your family and friends know the following information?

*Your date of birth.
*Family information, including the names of your spouse, children, grandchildren, parents, and siblings
*Details about your education, employment, or military service.
*Memberships in organizations.

*Do  you want people to send flowers or make donations to a particular charity or organization

You need to organize your records yourself for your family or your executor. Organize Your Records So that Your Family Won't Have to.This ensures that everything in your life is organized so others can see what you want to happen after you're gone, what you own, and how to handle each of situations.


Make sure that you know your where your life insurance policy or policies are.That also include retirement plans, pensions, and annuities, because both are easy to overlook. If your heirs don't know these accounts and policies exist, they can't claim them and the funds usually go to the state.
For A Free Memorial and Planning Guide..Click Here











Saturday, June 7, 2014

Life Insurance For Diabetics In Augusta,Ga.







Life insurance is a very important part of your financial planning, that will help you provide security for your love one's when they need it the most.

The Affordable Care Act did not effect Life Insurance at all the way it did Health Insurance.
A person with pre existing illness


For people who have pre-existing conditions like diabetes have to face higher life insurance premiums than others.Diabetic Insurance is now in demand.

A person with diabetes who qualify  for life insurance, may be faced with unaffordable premiums. The most important factor that all insurance companies look is how well your diabetes is controlled, and whether you have Type I or Type II diabetes. If you control your diabetes well with drugs, diet, and or insulin and your health is stable, you will have a better chance at finding affordable premiums.

If you are  Diabetic seeking a life insurance for Diabetics that is affordable, your best bet is to locate an agent that specializes in offering policies to diabetics. Johnson and Associates is such a company, we have the specialized knowledge and information to make an informed decision about the realistic kind of risk you represent.


Comparison shopping will not be an inconvenience.A good agent will do it for you. Getting quotes from multiple life insurance companies is now as easy as filling out a single form and submitting the relevant information to multiple insurers at one time.


Taking control when you are diagnosed with diabetes , is the key to lowering any risk associated with the disease while Qualifying for an affordable rate on high risk coverage. When combined with comparison shopping and a knowledgeable Insurance agent, there are lots of ways to save without reducing the level of life insurance.


Health Insurance companies can no longer  discriminate on the basis of health, however it is lawful if you are trying to buy Life Insurance. If you have a serious health condition, you will have to pay higher premiums than those applicants who are considered to be in good health. In fact, life insurance companies even have the power to deny coverage to an applicant based on his or her health history.

Life Insurance For Diabetics life insurance for Diabetics Click Here