by Ed Hinerman | Nov 30, 2010 | insurance, life insurance
You know, I think if life insurance had been called death insurance from the very beginning it would be no big deal. As a life insurance agent I run into those every once in a while who want to kind of get in the last shot by saying about the life insurance policy...
by Ed Hinerman | Nov 30, 2010 | estate taxes, insurance, life insurance
We would have certainly guessed that Congress would have dealt with the estate tax issue by now but, well, we would have guessed wrong for the second year in a row. There is still a lot of uncertainty about the future of estate tax law and along with that is the very...
by Ed Hinerman | Nov 27, 2010 | bipolar disorder, diabetes, insurance, life insurance, Type 1 diabetes
I have to admit that I very seldom approach a new year with pessimism, but it’s also pretty rare form me to start talking about my optimism when the new year is still a month away. I believe 2011 is going to be a breakthrough, breakaway, record breaking year for...
by Ed Hinerman | Nov 24, 2010 | death benefit, insurance, life insurance
It’s a dilemma that occurs far too often. A husband dies without ever letting his wife know about life insurance he owned with her as beneficiary. A father or mother dies and the children were never told if they had life insurance or not. People lose life...
by Ed Hinerman | Nov 24, 2010 | conversion, insurance, life insurance, West Coast Life
United of Omaha came out with a marketing piece today that just made me smile. One of the things I feel so very strongly about in life insurance is the ability to convert a term insurance policy to a permanent life insurance product. Some companies have recently come...
by Ed Hinerman | Nov 23, 2010 | life insurance, term insurance, whole life
Consider this my little Thanksgiving treat to the life insurance world. I am about to say something very positive about whole life insurance. So often I’ve beat whole life to death in comparing it to term life insurance, but Happy Thanksgiving! The whole life...
by Ed Hinerman | Nov 19, 2010 | Attention Deficit Disorder, insurance, life insurance
Every time I hear of someone being rated anything more than preferred on a life insurance application for ADHD or ADD, it just leaves me shaking my head and wondering if the underwriter has any clue what attention deficit disorder is. I got an email this morning,...
by Ed Hinerman | Nov 17, 2010 | insurance, life insurance
It kind of cracks me up sometimes. I can almost hear the hot dog (life insurance) vendor at the ball game. “Get your free life insurance quotes here! Get em while they’re hot!” This is certainly not to say that anyone should ever have to pay to get a...
by Ed Hinerman | Nov 16, 2010 | guarantee, insurance, life insurance, universal life
I received an email today from a person that says he was deceived by his life insurance agent about the length of the guarantee on a UL. I have no way to authenticate the email since my reply came back undeliverable and there was no phone number given. So, while the...
by Ed Hinerman | Nov 15, 2010 | beneficiary, insurance, life insurance
In a post I had written a year or so ago I had related the story of a client who was fighting with hospitals and her fiance’s family for a life insurance death benefit that was rightfully hers. They were a proactive couple, wanting all of the pieces in place by...
by Ed Hinerman | Nov 12, 2010 | insurance, life insurance, private pilots
It hasn’t been that long ago that life insurance for private pilots cost just the same as for every other person with their same health. The only downside to those good old days was that life insurance companies excluded aviation life insurance coverage. It...
by Ed Hinerman | Nov 10, 2010 | bipolar disorder, insurance, life insurance
Just like that pink rabbit, I just keep going and going and going. I know I’ve beat this drum seemingly to death, but it seems each time I beat it we reach one of two more people that we can help. Bipolar disorder is one of the most misunderstood underwriting...
by Ed Hinerman | Nov 9, 2010 | conversion, insurance, life insurance, term insurance, universal life
When all of the sub prime mortgages started going south life as we knew it changed, big time. The American dream became the good old days in just a matter of months. I wonder if someone had shouted loud enough or provided disclaimers scary enough before the loans if...
by Ed Hinerman | Nov 5, 2010 | flight instructor, life insurance, private pilots
Not too long ago I outlined several private aviation life insurance underwriting changes that Prudential had made, almost all of them in favor of the pilots. Included in those changes was underwriting for private pilots of experimental or home built aircraft without a...
by Ed Hinerman | Nov 3, 2010 | insurance, life insurance, smoking
Let’s just cut to the chase on this subject. Men who smoke very often don’t carry life insurance because smokers have to pay, in general, 3-4 times more than a non smoker of comparable health. They have decided that the extra premium means life insurance...
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