by Ed Hinerman | Jun 9, 2020 | AARP, life insurance, life insurance approval, life insurance exam, over 50 life insurance, over 60 life insurance
I first wrote this post in late 2018. It’s a subject I feel deeply about and have written about since I started this blog 13 years ago. Growing old is not for the faint of heart, and there are life insurance companies out there whose sole purpose is to scare you...
by Ed Hinerman | Oct 20, 2016 | AARP, appropriate life insurance recommendation, life insurance
I have wished, for the dozen or so years that I have been writing about AARP/New York Life, that something would change in favor of the senior citizens that AARP claims to be the greatest advocate for. I have wished that New York Life, an otherwise respectable life...
by Ed Hinerman | Sep 17, 2014 | AARP, conversion, Conversion to a permanent product, Independent agent, insurance, insurance quotes, life insurance, Protective Life, term insurance, Type 2 diabetes, whole life
I got a call a few days ago from a couple who are both 74 years old. They have had Protective term life insurance in force for several years and decided to look at converting $25,000 for final expense purposes since their conversion option ends next year. Seeing...
by Ed Hinerman | Jul 27, 2013 | AARP, accidental death, death benefit, insurance, life insurance, life insurance claim
I’ve been careful about life insurance claim abuse cases I’ll help with only because, in most cases, the state insurance commissions are very good at putting things back on track and getting valid claims paid. But occasionally it will be something that...
by Ed Hinerman | Feb 26, 2013 | AARP, accidental death, death benefit, group life insurance, insurance, life insurance, life insurance claim, life insurance claim process, New York Life
Here we go again. I called New York Life this morning to see if I could be assigned a permanent contact to call when beneficiaries are getting the run around on death claims. I ended up talking to the executive assistant for NYL Executive Vice President Michael...
by Ed Hinerman | Jan 13, 2013 | AARP, beneficiary, compliance, contestability, insurance, life insurance, life insurance claim, life insurance claim process, New York Life, over 50 life insurance
I’ve decided, for the sake of us elderly folks and all of us who are related to elderly folks and anyone who gives a damn about treating people right, to get off the fence and say what I really think about AARP and their New York Life insurance plan. For those...
by Ed Hinerman | Jan 7, 2013 | AARP, grace period, group life insurance, insurance, life insurance, life insurance claim, life insurance claim process
Have you ever had anything lost in the mail, whether going or coming? It’s not a new occurrence with the US Postal Service, but being in a business that depends on mail delivery to some extent, I’ve noticed that the amount of mail being blasted into the...
by Ed Hinerman | Dec 18, 2012 | AARP, customer service, insurance, life insurance, life insurance claim
I wish I had the time to write a blog just on AARP/New York Life and their awful over 50 life insruance products and service. Since helping a couple of beneficiaries collect claims that AARP had told them they weren’t going to pay it’s obvious a person...
by Ed Hinerman | Nov 27, 2012 | AARP, Active Duty Military Life Insurance, insurance, life insurance, Met Life, New York Life, over 50 life insurance
I am firmly on record as believing with all my heart that MetLife may own the rights to use Snoopy, but morally they don’t deserve it. I first lost my patience with their Snoopy abuse when I found the bottom line on their patriotic offer to provide life...
by Ed Hinerman | Oct 18, 2012 | AARP, Burial insurance, compliance, final expense life insurance, financial adviser, guarantee, guaranteed level premium, insurance, life insurance, universal life
Everyone wants a deal. My wife never buys anything without throwing out the Dave Ramsey line, “Is that the best you can do?”, and I am amazed at how much and where she gets discounts. Too bad Dave has never asked his own life insurance agent that, but...
by Ed Hinerman | Jun 22, 2012 | AARP, beneficiary, cancer, contestability, contestability period, death benefit, insurance, life insurance, New York Life
Can you imagine how bored I would get if I couldn’t count on AARP to provide blog material on an absolutely continuous, unending basis? After all of the really awful things I’ve had to say about the AARP/New York Life insurance program over the years, my...
by Ed Hinerman | Jun 1, 2012 | AARP, contestability, contestability period, death benefit, insurance, life insurance, senior life insurance
I’ve minced no words over the years about how bad the AARP/New York Life life insurance program is. It is so egregiously over priced and under guaranteed that I swear, if I got selling it to some elderly person in their home, I could be justifiably locked up....
by Ed Hinerman | May 5, 2012 | AARP, final expense life insurance, insurance, insurance quotes, life insurance, senior life insurance
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...
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 | Nov 27, 2011 | AARP, guaranteed issue life insurance, Independent agent, insurance, life insurance, New York Life, no exam
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...
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