Living Benefits : Smartphone of Life Insurance



When Alexander Graham Bell, invented the telephone in 1876, He designed it to do one thing, make phone calls.

These days it seems we use our phones for everything but phone calls. Today’s there are Text Messengers,Calculators, Books, Planners, Navigators, Our Cameras, Music Players, Internet Browsers, Stock Trader, Even our Flashlights. Phones evolved to include so many useful features because we need them to, Yet we still call them phones.

This same evolution by necessity has happened with other products over the years, and Life Insurance is no exception. When life insurance was invented way back into the 1600’s it is also designed to do one thing. To financially protect your loved ones when your life is over. And like phones, life insurance evolved because we need it to.

With modern advancement in medicine, suffering a critical illness like Heart Attack, Stroke, Cancer Diagnosis, doesn’t necessarily means death. In fact 90% of people who suffer a heart...

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Fixed Indexed Annuities - Explained

In the past, Retirement Planning used to be a lot EASIER. Your Parents and Grandparents work on a company for their whole careers and upon retiring were paid a pension that continued to provide them an annual income every year of their retirement no matter how long they live.

Simple Isn't it?

However these days, Pensions are all but extinct as the burden of retirement planning has shifted from the Employers to the Employees. Now that they are responsible for their own retirements, many workers are looking for ways to recreate the annual income stream that traditional pensions provided without having to worry about running out of money at their retirement.

For these folks, annuities are an attractive option.

Annuities are an investment vehicles  that generally offer safety from loss, while providing the ability to grow money which you'll annuitize at retirement. Basically turning what you've accumulated into a life long income stream...

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What If?

Written for Financial Advisors of America CONNECTIONS Client Newsletter by Rick Drazien

Asking or answering what if questions can sometimes be fun. For example, what would you do if you won several millions of dollars in the lottery? Coming up with an answer is a more thought provoking exercise when the question addresses your families emotional and financial peace of mind for surviving the “what if” crisis with planning that can be implemented before the “what if” ever happens.

Most clients have some form of life insurance to provide their loved ones with enough funds to continue on after they have died. It is no surprise, therefore, that most think if it as death insurance. We believe that if life insurance is going to also help you and your family survive and thrive while you are living, and life happens, it must contain “LIVING BENEFITS”. Does your coverage include that feature?

The statistical evidence is staggering....

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Changing Your Old Life Insurance Policy?

Nowadays, with the rapid changes and development with products and services, Even life insurance policies evolves constantly.

These improvements features Living Benefits and Guaranteed Income Riders, there's even a lot of changes on how the way cash value accumulates and how the policies are credited with regards to the markets. These are only few of the myriad changes with the Insurance Policies available, and with that, the Policy that you had Ten Years ago could very well be outdated and surpassed by these newer products with greater features for lower prices.

Have you ever wondered what options you have if you plant on modernizing your Old Policy?

Most of the people that are in possession of a Old Insurance Policy aren't sure how they feel about it. Most of these Policies were purchase for them by their parents, or these Policies were acquired Decades ago, and these Policies can't simply keep up with the current circumstance we need in the present day. To make it worst, most...

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Living Benefits : The New Kind of Life Insurance


Did You Know?

That the actual cost of a major heart attack treatment  including the medical and non-medical costs is over a $1,000,000?

Yep! That's right! This amount is something that your Health Insurance Policy might not be able to cover. 

According to our studies, throughout the country, the biggest financial threat that families and small business face is actually suffering from a critical illness. 

Further studies shows that 60% of the bankruptcies that occur are caused by medical costs/treatment from a major disease or illness. Surprisingly, the majority of these people actually possessed a Health Insurance Policy. So how did it happen?

There is a misconception about Health Insurance Policy, not everything can be covered by it, it is a FACT. Most of the people who have acquired Health Insurance Policies were confident that every health issues that will arise will be dealt by their Insurance policy, which didn't come out as they expect...

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