by Ed Hinerman | Jun 28, 2011 | Anxiety, Depression, insurance, life insurance
As any physician, attorney, dentist or CEO will confess, the journey from student to professional is not one for the faint of heart. For many it can be the most stressful part of their life as physicians reach residency and attorneys study for and take bar exams. Much...
by Ed Hinerman | Jun 27, 2011 | accidental death, contestability, death benefit, hazardous activities, insurance, life insurance, pilot, private pilots, scuba diving, skydiving
Let’s start with the good news. If you have life insurance in force and you took up your hazardous activity after putting that life insurance policy in force, and didn’t apply for the insurance because you were anticipating taking up the dangerous hobby,...
by Ed Hinerman | Jun 23, 2011 | conversion, insurance, life insurance
I contacted the NAIC, National Association of Insurance Commissioners about the general issue of consumer abuse through conversion option changes. A trusted source at the NAIC was kind enough to reply and ask me to send specific questions “Thanks so much for...
by Ed Hinerman | Jun 22, 2011 | conversion, insurance, life insurance, term insurance, universal life
I got a company memo today, that in light of all of the companies who have gone the wrong direction in the last year, caught my eye. “Delivering on Promises”. I wasn’t even sure what it was going to be about but I was pretty sure this would be...
by Ed Hinerman | Jun 22, 2011 | gastric bypass, insurance, life insurance, obesity
I’ve written frequently about the stigma that goes with being obese and choosing to have gastric bypass or bariatric surgery. I have to admit there was a time in my distant path when I looked at it as the easy way out. It was what people did if they didn’t...
by Ed Hinerman | Jun 21, 2011 | accelerated death benefit, death benefit, insurance, life insurance
A few days ago I wrote a post about a blog comment concerning a person who was looking into the accelerated death benefit on their Met Life group policy. Her husband is terminally ill and they remembered that they could take a portion of the death benefit up front....
by Ed Hinerman | Jun 21, 2011 | life insurance, term insurance, universal life, whole life
The debate will probably continue well past me and all of those joined in the discussion at this time. Is term life insurance an appropriate financial planning tool? The debate used to be term insurance versus whole life insurance. Then came universal life insurance...
by Ed Hinerman | Jun 17, 2011 | accelerated death benefit, death benefit, insurance, life insurance
I have written several posts about the life insurance accelerated death benefit. As a refresher the practice of offering a partial accelerated benefit to terminally ill clients came about as a way to put some real dirt bags out of business. The bags would prey on...
by Ed Hinerman | Jun 16, 2011 | insurance, life insurance, smoking
Let me answer the question first and then go on to explain. Tell the agent NO and go find an agent that can deal with the truth, the whole truth and nothing but the truth. I have been helping a client with type 1 diabetes get life insurance. He had been declined by...
by Ed Hinerman | Jun 15, 2011 | bait and switch, final expense life insurance, Independent agent, insurance, life insurance
After being beat up yesterday by a final expense life insurance agent that didn’t like my opinion of final expense insurance companies, I’m feeling the need to vent. Folks, this is all about life insurance customer service, where the customer comes first...
by Ed Hinerman | Jun 14, 2011 | final expense life insurance, insurance, life insurance, over 50 life insurance, senior life insurance
I wrote an article for Agent Sales Journal in their June magazine titled, “Would you sell that to your mother?” ASJ is an industry magazine and online presence that allows agents to share their opinions. I’ve had several calls from agents since...
by Ed Hinerman | Jun 8, 2011 | grace period, insurance, life insurance
I had a client who, by his wife’s own admission, was a bit of an airhead when it came to things like paying bills on time. When we put life insurance in force on the two of them he insisted that the bill should come to him. His annual bill came due June 1, 2009...
by Ed Hinerman | Jun 7, 2011 | decline, insurance, life insurance
I used to think it was kind of amusing that obviously intelligent doctors have the worst handwriting of any other genre on the planet. Can you imagine if they were still in med school and had to hand write a 20 page thesis on something. The instructor would probably...
by Ed Hinerman | Jun 6, 2011 | bipolar disorder, decline, insurance, life insurance
MIB, the Medical Information Bureau, has always been kind of this covert secret group that snatches information whenever you apply for life insurance or health insurance. MIB has been blamed for a lot of things and I thought it would be helpful to demystify their role...
by Ed Hinerman | Jun 2, 2011 | insurance, life insurance, skydiving
It’s never been a pretty picture applying for life insurance and wanting your favorite dangerous hobby to be completely covered. The problem for most of us going in is that we jump on the fun bandwagon without consulting our local life insurance underwriter....
Recent Comments