by Ed Hinerman | Feb 20, 2013 | business life insurance, Independent agent, insurance, life insurance, life insurance approval, physicians life insurance
I had an interesting scenario pop up while I was on vacation. Pam hates it when I get side tracked by life insurance when I am supposed to be recharging my batteries, but the truth is my job is fun and batteries can be recharged in more than one way. So I devoted a...
by Ed Hinerman | Jun 12, 2012 | business life insurance, buy/sell life insurance, insurance, key man insurance, life insurance
The two things you can count on, death and taxes, right? Well, done correctly at least the two don’t need to be mixed. The Gold Nugget in life insurance death benefits has always been the fact that the proceeds are not income taxable. If you take out $500,000...
by Ed Hinerman | Apr 7, 2012 | business life insurance, buy/sell life insurance, customer service, executives, insurance, International Business insurance, life insurance
Being a small business person myself I know that there are plenty of opportunities to bust your budget if you take everyone’s advice, get all the best bells and whistles and make your business 99.99% bombproof. It’s funny to see success draw the vultures...
by Ed Hinerman | Nov 9, 2011 | accidental death, business life insurance, insurance, life insurance, Lloyds of London
In business we don’t always have the luxury of waiting to buy business life insurance when it’s a better value or more convenient. When the bank says now… When the court judge says now… When a large financial agreement is waiting for life...
by Ed Hinerman | May 18, 2009 | business life insurance, buy/sell life insurance, insurance, key man insurance, life insurance
That’s an easy one. If you can think of a person in the company, whether that is you, your partner, a long time key employee or board members that make the whole thing work, whose death would cause a financial stumbling block, there is a need for business life...
by Ed Hinerman | Oct 12, 2007 | business life insurance, buy/sell life insurance, insurance, life insurance
One of the downsides to the cost of business buy/sell or cross purchase plans is that the cost of the life insurance premium is not income tax deductible. All of us in business know that we really would like air to be deductible if it could be arranged. Let me qualify...
by Ed Hinerman | Aug 28, 2020 | death benefit, life insurance
I was reading this post written in 2012 and decided, for several reasons, that it was still a very valid message that needed updated and restated, so here you go! In Life Insurance Someone Needs To Take The Lead Studies showing that there are 46 million adults who...
by Ed Hinerman | Apr 23, 2019 | business life insurance, CEO life insurance, life insurance, prostate cancer watchful waiting
Let’s be honest. Successful business people don’t pick the providers of critical support like CPA’s, attorneys, suppliers and financial advisers by looking online for cheap and easy. So why would they look for an honest, efficient and hard working...
by Ed Hinerman | Mar 16, 2019 | business life insurance
original post July 2015, updated March 2019 I know I am balancing on the small tip of the iceberg with the number of CEO’s and business partners I have helped with last minutes rescues for business loan collateral life insurance. Never is it more true than when...
by Ed Hinerman | Feb 23, 2019 | business life insurance, life insurance
original post 3/2014, updated 2/2019 Why is business partnership life insurance so important? We’re going to be focusing on business applications of life insurance through several posts and how the lack of life insurance can be a disaster and how using the wrong...
by Ed Hinerman | Nov 15, 2016 | indexed universal life, insurance, life insurance, universal life, variable universal life
In a press release today Voya Life Insurance announced that they will no longer be offering term life or any product with a life time guarantee, essentially gutting the company of the most cost effective and useful products in their portfolio. Voya, aka Reliastar, aka...
by Ed Hinerman | Oct 26, 2016 | Foreign National Life Insurance, foreign nationals, insurance, insurance quotes, International Business insurance, life insurance, Pan American Life Insurance
I recently became affiliated with Pan American Life Insurance in hopes of making it substantially easier to write business outside the US, with emphasis on the Caribbean, Latin and South America. Although they can and do serve business world wide, logistically because...
by Ed Hinerman | Mar 23, 2015 | beneficiary, business life insurance, buy/sell life insurance, CEO life insurance, customer service, executives, insurable interest, insurance, International Business insurance, key man insurance, life insurance
As a business person I can tell you that just the suggestion by someone that I should purchase something else to benefit my business makes me, well, underwhelmed with enthusiasm. I know the problem extends way beyond business and centers around the fact that there are...
by Ed Hinerman | Jun 18, 2014 | business life insurance, buy/sell life insurance, CEO life insurance, civilian contractors, Civilian War Zone Coverage, dangerous occupation life insurance, executives, insurance, International Business insurance, key man insurance, life insurance, life insurance approval
According to recent U.S. State Department statistics, over 6.3 million American civilians currently live in more than 160 countries around the world. Due to modern globalization and the optimistic ideals of free trade and enterprise, the United States has one of the...
by Ed Hinerman | May 5, 2012 | conversion, customer service, insurance, life insurance, Protective Life, West Coast Life
Heck no! That would lower them to the level of, well, most of corporate America. Before I throw too big a noose here let me say that there are some life insurance companies that are absolutely oozing integrity. If they ever do something wrong they do whatever it takes...
Recent Comments