Too Busy? Not Really!

Sometimes when I think about years ago, I imagine that I was less busy and that I had more time.  Maybe you think that too from time to time, but it's not true.  We chose to do different things today than we did when we were younger, and sometimes we have more responsibility than we did early in life, but all in all we still get 24 hours each day to spend as we see fit.  My brothers and I are good examples here ... we all seem to be too busy with work and life to visit each other very often but we all somehow manage to squeeze out a movie and dinner out every now and again.

 

Even as I'm writing this I look back and it's been a month or more since my last post, and I'm thinking I just didn't have time to write it.  But that's a lie, I did have time, I just chose to ignore some activities in favor of other ones.  The time we have doesn't change, we just change what we do with it.

Now, don't get me wrong we are all busy, but it is the important stuff that we should pursue and ignore the things that don't mean much to us.  I enjoy fishing, but I rarely get out to fish and I'm always saying I'll go when I have time, but if the truth be told, I could just go fishing and fill in the rest of my life around that time. 

 

So take a moment this week (and every week) and decide what is important, then do that and the rest of your life will still be there when you're done.

 

J

 

Protect what is really important with life insurance, call me for a quick quote!

What's really important?

No event in life ranks as high as the birth of a child.  The birth of my first grandchild a couple of weeks ago really punctuate that point for me again.  In everything that we do and all we try to obtain in this world we should realize that it is the two common experiences that we all have that bind us together in this world.

 

We are all born and we all die ... all the events in between pale in comparison to those two.  Our first day on this planet is a special one that should be celebrated and honored.  No matter how humble or expansive our beginnings, we come into life the same way.

 

Likewise, when it is time for us to leave this world, we do so alone and without the money, or possessions we've accumulated.  It is such a powerful and profound moment when you get to share someone's last second on earth with them, it will forever change you.

 

I make my living by helping people protect the things they accumulate after they are born and leave behind when they die ... sounds silly in the scope of things, doesn't?  That's why I'll always tell you that life insurance is the most important kind of insurance there is.  It's the only type of insurance guaranteed to pay off.

Protect the ones you love, FIRST!  Then we can talk about you car, business or home.

Call or email me for a low cost option for life insurance!

Secrets Revealed!

I'm often asked how to lower the cost of insurance.  People are quick to point out that their premiums have gone up every year and they want to know why.  I understand and while they don't typically blame me I'm a convenient target for their aggravation.  I try to be patient with folks but really I'd like to point out that everything increases in cost and your insurance is in place to protect that ever increasing replacement value.

 

In other words as the price of auto parts goes up the cost to fix them when the are in an accident will also increase, and like all businesses, the insurance company has to make money or it will go bust.  When repair parts and labor costs start going down the insurance company can begin to look at becoming competitive on pricing.

 

There are only two ways to lower your premium's ... here it is the big secret revealed;

 

1.  Buy less stuff ... if you have 12 cars you are going to pay 12 premiums ... if you have a half million dollar home, you will pay more than the guy with a hundred thousand dollar home.

 

2.  Accept more responsibility for your risk ... we talk about deductibles in the insurance business but really a deductible is just how much are you willing to share in the damage?  If you have a zero deductible or a $100 deductible you are telling the insurance company that you will make a lot of little claims.  If you set your deductibles at $1000 then they know you are not going to ask for their help until you really need it.

I hope this helps everyone!  But I know that rising prices get on our nerves, remember I pay the same insurance rates that you do, so find an agent you trust and have a conversation about the cost verses the benefit.  You may decide to down size or at least shoulder more of the cost of a loss.

J

Call me for all your insurance needs. 

Sometimes life sucks!

Ever have one of those days? weeks? months?  You know the kind of week or month that defies a good attitude, the kind of month that makes you question that there is anything good left in the world?

Yep, me too!  It's like when you drive to the town of Worthington after a big rain and see that 300 foot on the road was under 8 feet of water.  If you live around here you know that means to get to Worthington I had to back track 20 miles to go that final few feet and get into town.

While that was aggravating and it seemed like a big deal at the time (30 minutes of wasted time) it didn't effect me for long.  It's the rest of life that weighs us down, the traumas and conflicts that bite deep into our hearts and minds.  So yes, sometimes life sucks and there is nothing we can do about it.

It's during times like these that I seek the face of my creator ... I know he may not turn back time, or erase the heart sicking events.  But perhaps just seeking his purpose and asking for comfort is enough.  

I don't know ... I don't feel very wise today so take what you can from this ... I hope your month is uneventful.

Insure against what you can!  Pray to avoid that which you can't insure against.

How much will you donate to the government when you die?

How much do you want to donate to the government when you die?

Is your savings account earning you 2% or more?

Two silly questions but if you leave money in a savings account, you will donate to the government when you die even before your heirs get one single cent.  

The average interest rate being paid by a savings account today is less than a quarter of a percent.

If you deposited $5,000 in a savings account that paid 1/4% APR you would have about $5063 at the end of 6 years (assuming  the rate didn't decrease over that time).  If that $5,000 account gets caught up in the estate, it could be reduced by any taxes owed by the estate.

EXAMPLE 1

If a 35 year old woman in good health who does not use tobacco deposited that same $5,000 in a single pay life policy, her cash value at the end of 6 years would be $5,130 (twice the earnings from the average saving account).  Plus, if she died during that 6 year period her heirs would receive $14,470 (nearly three times the deposit amount).  The proceeds at death are paid directly to your designated heirs (tax free) and the government is left out of the loop.  If you need the cash you can cancel the policy and withdraw the cash value at the time you cancel ($5,130 at the end of year 6).

EXAMPLE 2

If a man age 65 in good health wanted to donate an sizable amount to his church but retain control of the funds in case he needed them, he could buy a single pay life policy for $51,949 with a death benefit of $100,000.  When he passes the church gets nearly twice his original donation, but if he needed to use the cash for an emergency it could be withdrawn.

EXAMPLE 3

A woman age 45 in good health inherits a $60,000 CD from the estate of her mother.  She wants to pass that on to her children but there are 3 of them and they are very young.  She can deposit the $6,000 in a single pay life policy and capture a $250,000 death benefit for her children, but if she needed to use the cash for an emergency it could be withdrawn.

 

If you are under age 84 and in reasonable good health, then let me talk to you about making more with your money or at least not giving it to Uncle Sam.

... and Kumquats for all!

Before I entered the insurance industry I worked in sales for the natural product industry.  Vitamins, and herbs and lots of things on the fringe of health and nature.  We had two big shows each year, one on the East coast in the fall and one in Anaheim California in the Spring.  In any small industry you find friends and develop traditions and this was no different.  I have a friend in LA that would come to the show and bring me kumquats from her back yard.  Fresh kumquats are crazy good.

They are sweet and tart all at the same time, the little fruits look like grape sized oranges with very thin skins which are edible and in fact the sweetest part of the fruit.  Since I left that industry I've gotten a couple of shipments from LA and this year one of those amazing shipments arrived bringing great joy to me (mostly me cause I'm the only one that really likes them that much in my family).

 

My buddy grows these wonderful little fruits in her back yard and when I get them I make jellies, pickles and candies from them and ship some of those goodies back to LA.  This is a good life example, we all do what we do.  I don't try to build houses and my carpenter friends don't try to offer life insurance.  In the same way my LA kumquat connection doesn't try to make kumquat pickles and I don't try to grow the tropical fruit in Indiana. 

 

We all have special skills and we should accept that in some areas we need an expert to guide us.  If you're not an insurance agent you should find one that understands your business, home and life so that they can tell you want you need.  Don't try to figure it out yourself to save a dollar with some online company.  Get a real live person that you can trust and talk to who doesn't have a strange accent.

J

Call me to review you insurance program and make sure you are paying the right amount for the right coverage.

What happened to Customer Service?

This week has been the worst week of customer service for me!  I spent several hours working on getting a phone / internet provider to do what they promised us they would do for our church.  They spend they same amount of time trying to get out of doing what they promised to do.  Plus they tried to make me feel stupid for demanding that they do what they promised to do when we agreed to let them provide the phone and internet services for the church.

Prior to that I spent a great deal of time talking to the bank that is doing the refinance on my home.  After telling me for 80 days that the closing costs would be one figure they proudly informed me on the eve of closing that the closing costs would be double what they originally quoted.  This without the slightest hint of regret or any explanation as to the difference.  They merely gave me the new figure and were puzzled why I told them no, I won't pay that without a reason. 

I struggle with this because I am in the service business, as an insurance Agent I have to take responsibility for the actions of the companies I represent even though I can't control what they do and that is on top of being responsible for what I do.

Think about this ... if gas goes up, we all complain to each other.  If your auto insurance goes up you complain to the agent.  No one ever tells the gas station attendant that they need to sharpen their pencil and give them a better rate on the gas.  Why would you think the insurance agent could make the insurance company lower its price?

I'm not complaining about that perception, I just want to establish that as an agent I have to provide great customer service or people will move on to a new agent ... and they should.  But by the same token, I demand the same level of service in my life that others do from me.

Demand good service and make companies do what they are supposed to do, then be loyal to them so that we can all finally get the service we deserve.  Those of us that provide good service want to know that you appreciate the effort, and those that don't care about their professional image should not be encouraged to continue giving sub par service. 

J

How important is good service when talking about life insurance? I'll be the one giving your loved ones a check when they need it most!