by Ed Hinerman | Jan 30, 2012 | breast cancer, cancer, insurance, life insurance, prostate cancer
I recklessly went out on a limb yesterday spreading a rumor that a major, well know A+ rated life insurance company was jumping on all of the cancer detection and treatment victories of the last several years and have changed their underwriting guidelines and...
by Ed Hinerman | Jan 29, 2012 | breast cancer, cancer, insurance, life insurance, over 50 life insurance, prostate cancer
I hate jumping into a life insurance topic like this without all the facts but, heck, that’s why they call them rumors. Historically one of the toughest parts of underwriting has been, especially for cancer, the insistence of a one year waiting period post...
by Ed Hinerman | Jan 28, 2012 | basal cell carcinoma, cancer, decline, insurance, life insurance, melanoma
I got a call yesterday from a woman who had just been declined for a new life insurance because she had two melanomas in the last 11 years. After the second melanoma she decided she was a little more mortal than she had originally figured and wanted to increase her...
by Ed Hinerman | Jan 26, 2012 | Anxiety, decline, Depression, hepatitis, insurance, life insurance
What a cold, cruel world we live in. Most of the time I am not surprised when someone calls because they they have been approved at a standard rate, sometimes a little worse for things like ADD, ADHD, mild anxiety or depression. A few days ago I got a call from...
by Ed Hinerman | Jan 24, 2012 | accidental death, AIG, insurance, International Business insurance, life insurance, Lloyds of London, over 50 life insurance, professional athlete life insurance
While my primary focus remains impaired risk life insurance and over 50 life insurance, I’ve left no lack of evidence in this past year’s blog posts that there is so much more available. There is still nothing quite like getting an approval on life...
by Ed Hinerman | Jan 21, 2012 | AARP, insurance, life insurance, New York Life, Prudential, ratings
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...
by Ed Hinerman | Jan 20, 2012 | beneficiary, contingent beneficiary, death benefit, insurance, life insurance
Where do I want the life insurance death benefit to go if I die prematurely? That’s an easy answer for most of us. We want it to go to our spouse. We want him or her to have the money to carry on in the event we are no longer around to provide income and, of...
by Ed Hinerman | Jan 19, 2012 | business life insurance, buy/sell life insurance, Infinite banking, insurance, life insurance, whole life
As a business person I have become accustomed to wanting to deduct everything I can. If there was a way to deduct the air that is used in my office every day I would be installing an air gauge. Business life insurance benefits are income tax free which is like the 8th...
by Ed Hinerman | Jan 19, 2012 | Anxiety, bipolar disorder, cholesterol, Depression, high blood pressure, insurance, life insurance
As I come to grips with the fact that I am going to have to switch from Windows XP to Windows 7 and from Outlook Express to Outlook, I am a bit stressed. To bring you up to speed on the kind of stress I am going through, I wrote this post this morning. Because I am...
by Ed Hinerman | Jan 14, 2012 | Independent agent, ING Reliastar, insurance, life insurance, term insurance
For a lot of years the state of New York was almost anti social about life insurance. Difficult to the point where a large number of very good life insurance companies that do business in every other state wouldn’t jump through the hoops required in New York....
by Ed Hinerman | Jan 12, 2012 | disability, disability income, insurance, life insurance
Because of the limits put on the benefit available under traditional disability income insurance, there are a lot of people who would fall well short of being able to maintain their lifestyle if disabled. The standard of the industry is 60% of your salary, usually...
by Ed Hinerman | Jan 11, 2012 | cash value, guarantee, indixed universal life, Infinite banking, insurance, life insurance
A few days ago another agent took offense to my obviously uneducated view that indexed universal life is a poor excuse for a life insurance product, especially in the context of infinite banking. He commented on a post by starting with “I’m sure your completely...
by Ed Hinerman | Jan 9, 2012 | accidental death, civilian contractors, Civilian War Zone Coverage, disability income, foreign travel, insurance, life insurance, Lloyds of London
I am working with a group of men on their war zone coverage, who have been waiting for three months now to start a series of one month trips to Iraq and Afghanistan to do finish work on some newly constructed airport facilities. As is becoming more common in Iraq...
by Ed Hinerman | Jan 7, 2012 | cholesterol, HDL, insurance, life insurance
I recently shared about an insurance applicant who was approved by Transamerica at table 4 due to some admirably huge lipid readings. His Trigs were 862, total cholesterol 348 and HDL/total ratio 9.25. I encouraged him to take those results directly to his doctor. I...
by Ed Hinerman | Jan 7, 2012 | Anxiety, bipolar disorder, Depression, ING Reliastar, insurance, life insurance
I’ve talked in the past about how some companies will come on like they want to be the industry leader in a niche, only to fall of the radar completely a year or two later. The supposition on my part is that they either hired a new chief underwriter who put a...
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