by Ed Hinerman | Nov 18, 2014 | assumptions, cash value, financial adviser, guaranteed level premium, indexed universal life, insurance, life insurance, lifetime guaranteed UL, term insurance, universal life, whole life
Greed strike a chord with you? After years of looking at indexed universal life insurance and hearing all the arguments and seeing all of failures, it occurs to me that the bigger the cash value numbers an agent can show a potential client, whether they are based in...
by Ed Hinerman | Nov 1, 2014 | Alcohol Treatment Life Insurance, approval, Drug Treatment Life Insurance, DUI, high net worth, impaired risk life insurance, insurance, life insurance, life insurance approval, physicians life insurance
I can tell you without hesitating that I wouldn’t be in the life insurance business if I was just churning out easy business and that isn’t to say I couldn’t make good money doing it. It is the challenges of working with underwriters to find a way to...
by Ed Hinerman | Oct 28, 2014 | budget, cash value, guaranteed level premium, impaired risk life insurance, insurance, life insurance, life insurance underwriting, term insurance
Ah, the good old days. Milk was 50 cents a gallon. Gas was 25 cents a gallon. A new car was under $2000. And life insurance, well, life insurance was so expensive that people had to pay for it by the week. The good old days of life insurance are where we are. In spite...
by Ed Hinerman | Oct 27, 2014 | angioplasty, approval, bypass surgery, CEO life insurance, coronary artery disease (CAD), decline, ejection fraction, heart attack, insurance, life insurance, life insurance approval, LVEF
I guess on some level I get that if you have coronary artery disease, you will always have it and I get that people with early onset CAD, actuarialy life insurance speaking are a worse life insurance risk than someone who is diagnosed, say, in their 50’s. But...
by Ed Hinerman | Oct 27, 2014 | business life insurance, buy/sell life insurance, CEO life insurance, executives, impaired risk life insurance, insurable interest, insurance, International Business insurance, key man insurance, life insurance
I get that business people get tired of hearing about all of the kinds of insurance they should be carrying because I am one. I carry more than what’s required by law in errors and omissions insurance just because of the litigious nature of our country. I err on...
by Ed Hinerman | Oct 20, 2014 | disability, heart disease, insurance, insurance quotes, life insurance, ratings
I’m working on a case right now, a tricky case because it involves life insurance for someone age 69, who was diagnosed with heart disease and diabetes 10 years ago. He had a one vessel angioplasty with a stent and was on medication for both issues, until he...
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 | Aug 28, 2014 | business life insurance, cash value, guaranteed level premium, income replacement, insurance, life insurance, over 50 life insurance
I know that the permanent life insurance guys would like you to believe that your need for life insurance might grow as you age or at least stay the same, but the facts of life really point in the opposite direction. Life insurance needs generally become smaller as...
by Ed Hinerman | Aug 21, 2014 | Burial insurance, conversion, Conversion to a permanent product, final expense life insurance, financial adviser, honesty, insurance, life insurance, no lapse guarantee, term insurance, universal life
Hopefully that got your attention if you have a Genworth Life or First Colony “Colony series” term life insurance policy. The company had to make a business decision about their low cost super competitive term conversion product, the Genguard no lapse...
by Ed Hinerman | Aug 20, 2014 | conversion, insurance, life insurance, no lapse guarantee, term insurance, universal life
Genworth Life and Annuity, formerly First Colony, issued a statement today saying that as of Steptember 2, 2014 they will be raising rates on their Genguard No Lapse universal life conversion product by 50% to 60%. This is really no big deal unless you happen to own a...
by Ed Hinerman | Aug 20, 2014 | beneficiary, business life insurance, buy/sell life insurance, CEO life insurance, customer service, executives, impaired risk life insurance, insurance, life insurance, private pilots
I’ve helped orchestrate business life insurance for everything from the simple loan collateral policy to complicated stock repurchase plans, but what all business life insurance has in common is business succession, making sure the business survives in the event...
by Ed Hinerman | Aug 12, 2014 | Anxiety, CEO life insurance, Depression, insurance, life insurance, life insurance approval, Sleep apnea
People living with sleep apnea are at risk of dying and that seems to be what troubles the majority of life insurance companies and life insurance underwriters. The same could be said for people living with anxiety or mild depression. In this time we’re living...
by Ed Hinerman | Jul 22, 2014 | application process, approval, budget, children's life insurance, final expense life insurance, insurance, life insurance
None of your business, right? Life insurance is a personal choice and is generally between spouses, but let me just lay some thoughts out there so you can better understand why you understanding their life insurance status can be a big help to them. On average I would...
by Ed Hinerman | Jul 3, 2014 | angioplasty, approval, business life insurance, coronary artery disease (CAD), executives, family history, heart disease, insurance, life insurance, life insurance approval, life insurance underwriting
I’m working on one of those stranger than fiction life insurance cases right now. When I shopped it and got the first round of responses I literally sent all of them back out and ask them if they had read my request correctly. Surely they had missed something...
by Ed Hinerman | Jul 1, 2014 | assumptions, beneficiary, compliance, contingent beneficiary, death benefit, insurable interest, insurance, life insurance, life insurance claim
“Dad said he had life insurance but we can’t find a policy and don’t know what company it was with”! “My husband told me not to worry because he had a life insurance policy that would take care of everything, but now that he’s gone...
My 20 years of experience give me the knowledge and leverage to find reasonably-priced life insurance for people who have been declined or are paying more than they need to. Request a Free Consultation Today!
Recent Comments