By Ed Hinerman on May 5, 2012
I just got my monthly reminder from AARP that I have not yet purchased that life insurance through the AARP Life insurance program that I inquired about 5 years ago, and I haven’t talked about senior life insurance or final expense life insurance for a while so I thought this might be a good chance ...read more
Posted in AARP, final expense life insurance, insurance, insurance quotes, life insurance, senior life insurance | Tagged AARP, AARP 5 year term, AARP life insurance, AARP life insurance program, AARP whole life, final expense life insurance, grandparents considering AARP, guaranteed level premium, horrid ripoff, insurance, life insurance, most overpriced life insurance product, most unfair life insurance product, most unscrupulous life insurance prodoct, New York Life, parents considering AARP, senior life insurance |
By Ed Hinerman on January 21, 2012
I had emailed some quotes off to a client this week with Genworth Life and Annuity, a major player in no lapse guarantee UL’s and in this case the best rate class offer I had received when shopping the case. She went on line and found out that Genworth has been downgraded recently to A ...read more
Posted in AARP, insurance, life insurance, New York Life, Prudential, ratings | Tagged AARP, AARP/New York Life, ability to pay claims, AM Best, debt, downgraded ratings, Genworth Life, insurance, life insurance, New York Life, Northwestern Mutual, Prudential, rating agencies, ratings, Standard and Poors, USAA |
By Ed Hinerman on November 27, 2011
For us more seasoned life insurance buyers there is an industry tendency to want to squeeze us all into the same companies and product type, senior life insurance or final expense life insurance. This would be OK 1. if over 60 life insurance needs really did change or 2. The companies that “specialize” in senior ...read more
Posted in AARP, guaranteed issue life insurance, Independent agent, insurance, life insurance, New York Life, no exam | Tagged AARP, final expense life insurance, grotesquely overpriced, guaranteed issue life insurance, insurance, life insurance, New York Life, no exam, no exam simplified issue life insurance, over 60 life insurance, over priced, poorly underwritten, scare tactics, senior life insurance, under guaranteed |
By Ed Hinerman on October 21, 2011
When you’re over 50 life insurance offers start coming from everywhere. Final Expense insurance. Burial life insurance. The truth is that the senior life insurance market is the most hammered niche in the industry. Why? They think they can push our buttons when we turn 50 and make us believe that our insurance need has ...read more
Posted in AARP, Burial insurance, final expense life insurance, insurance, life insurance, over 50 life insurance, senior life insurance | Tagged AARP, Burial insurance, cash value, Colonial Penn, final expense insurance, insurance, life insurance, no exam, no health questions, over 50 life insurance, overpriced, playing to fears, scare tactics, senior life insurance, whole life insurance |
By Ed Hinerman on July 27, 2011
I know that you know that I seem to have a real case of the can’t shut ups when it comes to the AARP/New York Life, life insurance program, but AARP is so in the face of our country and especially the elderly among us, well, it’s become kind of personal. And let’s be real. ...read more
Posted in AARP, final expense life insurance, insurance, life insurance, no exam | Tagged AARP, illegal, insurance, life insurance, life time guarantee, New York Life, no exam, non guaranteed, permanent life insurance, ripoff |
By Ed Hinerman on July 15, 2011
The life insurance industry, at least the final expense life insurance industry would certainly love for you to believe that over 50 life insurance is a minefield with disaster written all over it. Suddenly you must be perceived as a greater life insurance risk as the advertising targeted toward us shifts from getting $500,000 for ...read more
Posted in AARP, final expense life insurance, insurance, life insurance, over 50 life insurance, senior life insurance | Tagged $25 challenge, AARP/New York Life, Colonial Penn, final expense life insurance, health questions, insurance, life insurance, no exam, over 50 life insurance, senior life insurance |
By Ed Hinerman on April 9, 2011
A few years ago I shopped for final expense life insurance just to see what was available and being pushed. I knew there was a propensity in the industry to push some really overpriced, under guaranteed products as senior life insurance. I just wanted to experience first hand how bad these products were and how ...read more
Posted in AARP, final expense life insurance, insurance, life insurance, over 50 life insurance, senior life insurance | Tagged 5 year term insurance, AARP, final expense life insurance, guaranteed, insurance, life insurance, lifetime guarantee, New York Life, non guaranteed, over 50 life insurance, senior life insurance |
By Ed Hinerman on March 10, 2011
When we are over 50 life insurance advertising takes on a whole new twist designed to make you believe that possibly, just possibly, you can’t qualify for insurance that requires an exam. Or maybe they are just trying to make us believe that a life insurance exam is a big deal. Maybe time consuming? Maybe ...read more
Posted in AARP, final expense life insurance, insurance, life insurance, no exam, over 50 life insurance, senior life insurance | Tagged AARP, cash value, final expense life insurance, Globe Life, insurance, life insurance, no exam, over 50 life insurance, permanent life insurance, senior life insurance, traditional life insurance, whole life |
By Ed Hinerman on January 6, 2011
If you’re over age 50 you get mail from AARP at least twice a month, if not more, inviting you to become a member and/or just partake of all the great deals they offer even if you’re not a member. If you, your parents, family or friends have fallen for the quick and easy pitch ...read more
Posted in AARP, insurance, life insurance, senior life insurance | Tagged AARP, contempt, insurance, life insurance, New York Life, rip off, scorn, senior life insurance, term insurance, traditional life insurance |
By Ed Hinerman on December 16, 2010
Occasionally I review old posts to update or delete them and sometimes I run across one that I can remember writing. I feel my anxiety disorder getting pumped up. I feel my blood pressure rise and, well, I repost it. From 2008!! With each new magazine or bulletin, my love/hate relationship with AARP is souring. ...read more
Posted in AARP, guarantee, insurance, life insurance | Tagged AARP, advocacy group, convert, ethics, ethics ffor elders, insurance, life insurance, New York Life, no lapse universal life, non guaranteed, overpriced, term insurance, whole life insurance |
