Insurance Broker Discusses Guaranteed Conversion

Life Insurance Broker Discusses Guaranteed Conversion

Life Insurance Broker Discusses Guaranteed Conversion As an experienced Life Insurance Broker, I often get questions from physicians and dentists about how guaranteed conversion works.  Some group life insurance plans will have a guaranteed conversion to an individual plan when you leave that employment. This type of plan is usually very expensive and only used when…

Insurance Broker Discusses Retirement Income Protection

Disability Insurance Broker Discusses Retirement Income Protection

Disability Insurance Broker Discusses Retirement Income Protection As an experienced Disability Insurance Broker for Physicians and Dentists, I am often asked about retirement income protection.  Retirement income protection is a way to protect the contributions that you make to a retirement plan. Unfortunately, most individuals forget that they want to continue to save and invest…

Insurance Brokers Explains How Much Life Insurance to Get

Life Insurance Broker Explains How Much Life Insurance to Purchase

Life Insurance Broker Explains How Much Life Insurance to Purchase As an experienced Life Insurance Broker, I often get questions from Physicians and Dentists about how much life insurance they should get.  The amount of life insurance can be determined by very fancy calculators that go through all of the various expenses that we have now and…

Insurance Broker Discusses Buy/Sell Policies

Experienced Disability Insurance Broker Discusses Buy/Sell Policies

Experienced Disability Insurance Broker Discusses Buy/Sell Policies As an experienced Disability Insurance Broker for physicians and dentists, I regularly get questions about buy/sell policies. This type of policy will provide coverage for partners or other owners in the event of your disability to allow them to buy you out under your buy/sell agreement. Unfortunately, many…

Insurance Broker Explains Additional Drop-Ins or Prepayment of Premiums

Disability Insurance Broker Explains Additional Drop-Ins or Prepayment of Premiums

Disability Insurance Broker Explains Additional Drop-Ins or Prepayment of Premiums As an experienced Disability Insurance Broker, I often get questions from physicians and dentists on universal policies or adjustable or equity index policies.  These policies allow additional prepayment of premiums. There won’t be the same commission taking out of that money, there will not be…

Investment Consultant Explains Modified Endowment Contract

Life Insurance Broker Explains Modified Endowment Contract

Life Insurance Broker Explains Modified Endowment Contract As a skilled Life Insurance Broker, I often get questions from physicians and dentists about the modified endowment contract. A modified endowment contract, think of that as a limit the IRS puts on your contract. Something to think about is, you put money in your 401(k)s, IRAs, and you get certain…

Insurance Broker Explains if Makes Sense to Have Both Term and Cash Value Insurance

Insurance Broker Explains if it Makes Sense to Have Both Term and Cash Value Insurance

Insurance Broker Explains if it Makes Sense to Have Both Term and Cash Value Insurance As an experienced Insurance Broker, I get questions all the time from clients about Term and Cash Value Insurance. In most instances, it makes a lot of sense to have both term coverage that’s temporary in nature such as to…

Insurance Broker Explains Common Insurance Underwriting Outcomes

Life Insurance Broker Explains Common Insurance Underwriting Outcomes

Life Insurance Broker Explains Common Insurance Underwriting Outcomes As an experienced Life Insurance Broker, I often get questions from physicians and dentists regarding life insurance outcomes. The outcome in most instances when one applies for life insurance is they will receive a life insurance policy. They may not, however, as quoted receive the best rates available…