082522 TERM LIFE INSURANCE UNDERSTOOD…

 TERM LIFE INSURANCE UNDERSTOOD…

- Roger Kelly

 

An important part of a sound financial plan, life insurance provides a death

Benefit to your beneficiaries and can replace some of the income you were

Earning.

This can help preserve any investments, savings. Or other assets.

 

Term Life Insurance…

 

Term life insurance is a policy that provides coverage to the insured over a

Certain length of time.

This makes this policy an asset to your overall financial plan.

Level term polices now can remain level for 10, 15, 20 or 30 years!

Reasons for buying term life…

 

Permanent insurance (Whole Life) is far more expensive than term

Life insurance.

If you have young children at home it may be a good decision to buy term to

Create an estate.

If you bought a home with a 30 year mortgage for $500,000 that might be

Another deciding factor.

If this is the case you might purchase a level term policy for $500,000

30 year term to pay off the mortgage.

If the insured passed prior to the term expiration the beneficiary would

Receive the full $500,000 tax fee in a lump sum benefit.

 

Term offers conversion options…

 

In most cases you can convert all or part of your term insurance to a

Permanent life product (Whole Life or Universal) without having to provide

Any evidence of insure ability.

 

(Plum Life currently allows a conversion minimum of 25 K)

 

This option let you keep some amount of the death benefit if you need some

Amount of permanent insurance later on.

The attraction of term is that it can be bought at an extremely affordable price.

If you lock in a rate at a young age when healthy the rate is guaranteed for the

Full length of the term.

Some clients like to combine term with a permanent policy (Whole Life) so

That during the early years they have maximum coverage and also have a 

Policy that will last a life time for final expenses down the road.

It always pays to review your policy as term rates have dropped in price the

Last few years.

Important benefits of term life policies…

 

1. Term life policies are designed to meet a multitude of personal and

Business needs and offer the most coverage for your investment.

 

2. Term insurance provides protection for a certain period of time

(10, 15,20,25,30 years) and pay a death benefit to your beneficiary if

Anything was to happen to you during this time.

 

3. Term polices do not accumulate cash value but many allow you to

Convert to a permanent policy within a specific time period.

 

(Plum Life allows conversion to a whole life or universal plan at the

Conclusion of the term period prior to age 70.)

 
 

Why you need life insurance…

 

1. You can protect your family and eliminate your mortgage.

2. Allow your family to maintain their standard of living.

3. Give your spouse a retirement income.

4. Pay off outstanding debts you have incurred.

5. Keep the family business.

6. Protect business form the loss of a key employee.

 

Contact Me Today!

 

Hayden Childs

Alabama Licensed Agent

(205) 269-1382

www.haydenchilds.net

 

“The grief is bad enough,

Don’t leave the burden

To your family!”

 

Need Term Life Insurance?

https://www.helloplum.com/agent/childs-806

 

Return of Premium

Now Available!

(18 – 60)

 

Plum Life, Inc,

400 Connell Dr, Suite 1300,

Berkeley Heights,

New Jersey 07922

 

We currently offer products from

The Savings Bank Mutual Life

Insurance Company of Massachusetts,

Woburn, MA. 01801

 

 

082522 quotes

“I will hear what God the Lord

Will speak,

For He will speak peace

To His people and to His

Saints;

But let them not turn back to

Folly.”

- Psalm 85:8

 

If God doesn’t have

First place in your life,

God is not in your life.

- James E. Gibbons

 

Don't give up at half time.

Concentrate on winning

The second half.

- Coach Paul Bryant

 

Act like you expect

To get into the end zone.

- Coach Joe Paterno

 

One man practicing

Sportsmanship is

Far better than

Fifty preaching it.

- Coach Knute Rockne

 

 

Need Term Life Insurance?

https://www.helloplum.com/agent/childs-806

 

Need Health Insurance?

www.HChilds.dontgouninsured.com

 

 

082422 quotes

“Praise the Lord!

For it is good to sing praises to

Our God;

For it is pleasant, and praise is

Beautiful.”

Psalm 147:1

  

When people who do not

Practice self-control are

In control of our country,

Things get out of control.

- James E. Gibbons

 

Nearly all men can stand adversity,

But if you want to test a man's character,

Give him power.

- Abraham Lincoln

 

You don't get to control any outcome,

Only every choice you make along the way.

- Stephen C Paul

 

Words…

A careless word may kindle strife;

A cruel word may wreck a life.

A bitter word may hate instill;

A brutal word may smite or kill.

 

A gracious word may smooth the way;

A joyous word may light the day.

A timely word may lessen stress;

A loving word my heal and bless.

- Mildred Houston

 

Need Term Life Insurance?

https://www.helloplum.com/agent/childs-806

 

Need Health Insurance?

www.HChilds.dontgouninsured.com

 

 

082322 Six reasons Americans don't have life insurance… And why they're bogus

Without life insurance, your loved ones might be left in the lurch financially

If you were to pass away unexpectedly.

 

But despite the importance of having life insurance, many Americans go

Without it, and for reasons that really read more like excuses.

 

Here are the top reasons Americans don't have life insurance, according

To a survey by Ladder and One Poll… and why they just don't hold water.

 

A life insurance policy isn't the most fun thing to spend your money on,

But it's perhaps the most worthwhile investment you can make.

 

If you're without life insurance, stop what you're doing and carve out some

Time to explore your options.

 

Your loved ones are depending on it.

1. It's too expensive

For 52% of Americans, the decision not to buy life insurance boils

Down to money.

 

Meanwhile, in the aforementioned survey, the typical American

Spends nearly $1,500 a month on non-essentials like restaurant meals

and entertainment, which, depending on the policy you buy, could be

Enough to cover your premiums for an entire year.

 

Before you write off the idea of life insurance based on an assumption that

It’s too expensive; explore your options for a low-cost policy. Opting for

Term life insurance over permanent life insurance, for example, is a good

Way to reduce your costs, since term policies don't cover you for life and

Don’t accumulate a cash value.

 

You can also keep your costs down by applying when you're relatively

Young and at your healthiest. Losing weight, for example, could reduce

Your premium costs substantially.

 

2. I don't think I need it

A good 17% of Americans are convinced they don't need life insurance.

 

But here's the thing…You don't need to be wealthy to have a policy.

If you have people who depend on you financially, or who stand to get hurt

Financially if you were to pass away, then you need that coverage. Period.

 

Imagine, for instance, that you're a stay-at-home parent who doesn't earn

An income. You might think you don't need life insurance because you don't

Contribute financially to your household, but in reality, you provide a key

Service… free child care.

 

If you were to pass away, leaving behind a spouse and two kids, your

Spouse would then need to absorb the cost of child care on his or her own,

Which could wreak havoc on your family’s budget?

 

On the other hand, if you were to take out a modest policy for yourself, 

Your family would have that added protection if the unthinkable

Were to happen.

 

3. I don't know what kind of policy to get

Navigating life insurance options can be tricky, so much so that 15% of

Americans don't have a policy because they don't know which kind to get.

 

The truth is that there are numerous life insurance guides on the internet,

So you can read through them to better understand your options.

 

I have a blog dedicated to insurance education you may access

This informative site at

https://haydenchildsatgotinsurance.blogspot.com/

 

 

Working with a trusted broker or financial advisor will also help, as that

Person should be in a position to steer you in the right direction.

 

4. I don't know how much coverage to get

An estimated 12% of Americans don't have life insurance because they

Have no idea how much coverage they need.

 

(On my website dedicated to my insurance business you may access

A calculator powered by Life Happens at the bottom of the introductory

Page at www.haydenchilds.net to determine how much coverage

You need.)

 

There are different formulas you can play around with to determine how

Much of a policy to buy, but one common approach is to round up your 

Outstanding debts and major family goals, and then purchase a policy

Whose death benefit will cover all of that.

 

For example, if you owe $200,000 on your mortgage, have two children to

Put through college at a cost of $100,000 per child, and want to leave a little

Money left over for funeral expenses and other miscellaneous costs,

You might take out a $450,000 policy.

 

If you want to leave your family with enough money to help pay for two

Weddings, you might increase that to $500,000.

 

There are different options to play around with, so think about the financial

Gaps that could be left upon your passing, and aim to buy a policy that

Closes them.

 

5. I haven't had the time to figure it out

For 11% of Americans, a lack of life insurance is attributed to not having had

The time to figure it out.

 

If that's been the case for you, carve out some time to meet with a financial

advisor or broker to discuss your options.

 

Doing so will make the process more efficient, and if you schedule a meeting

With someone else to talk about life insurance, it'll be harder to blow it off.

 

6. The process is too confusing

Not surprisingly, 11% of Americans say that the confusing nature of life

Insurance has driven them to avoid buying a policy.

 

While some of the life insurance types out there are confusing, 

If you want to keep things simple, go with a term policy.

 

In doing so, you'll lock in a premium based on your age, health, 

And coverage amount, and as long as you pay that premium, 

You'll have a policy in place for whatever time frame you choose up front, 

whether it's 10, 15, 20, or 30 years.

 

Author: Maurie Backman

 

https://fflheartland.advisorprofiles.com/article/250288

 

Contact Me Today!

 

Hayden Childs

Alabama Licensed Agent

(205) 269-1382

www.haydenchilds.net

 

“The grief is bad enough,

Don’t leave the burden

To your family!”

 

Need Term Life Insurance?

https://www.helloplum.com/agent/childs-806

 

Plum Life, Inc,

400 Connell Dr, Suite 1300,

Berkeley Heights,

New Jersey 07922

 

We currently offer products

Underwritten by

The Savings Bank Mutual Life

Insurance Company of Massachusetts,

Woburn, MA. 01801

 

 

 

082322 quotes

“I can do all things through

Christ who strengthens me.”

Philippians 4:13

 

A Christian can do anything

That he ought to do through

The strength of Christ.

- James E. Gibbons

 

Every one of us is the sum

Total of his own thoughts.

- Earl Nightingale

 

There are two paths people can take.

They can either play now and pay later,

Or pay now and play later.

Regardless of the choice,

One thing is certain.

Life will demand a payment.

- John Maxwell

 

 

Need Term Life Insurance?

https://www.helloplum.com/agent/childs-806

 

Need Health Insurance?

www.HChilds.dontgouninsured.com

 

 

082222 quotes

“For to me, to live is Christ,

And to die is gain.”

Philippians 1:21

 

A Christian can live life

To the fullest because he

Is not afraid to die.

- James E. Gibbons

 

Humor is perhaps a sense

Of intellectual perspective:

An awareness that some things

Are really important, others not;

And that the two kinds are most

Oddly jumbled in everyday affairs.

- Christopher Morley

"Without Love"

Without love I am half human without love I'm all machine
Without love there's nothing doin' I will die without love
Without love I am an island all by myself in a heartbreak sea
Without love there's no denyin' I am dyin' without love
For there is nowhere I can run and there is no hiding place
Sticking out like a sore thumb by that gloomy look upon my face
Without love I'm incomplete without love I am not whole
Without love I'm barely on my feet I am dyin' without love

For there is nowhere I can run...
I am dyin' without love

 

Singer: Johnny Cash

Writer(s): Nick Lowe

  

Need Term Life Insurance?

https://www.helloplum.com/agent/childs-806

 

Need Health Insurance?

www.HChilds.dontgouninsured.com

  

081922 family poems with a very special family pic...

Look at Your Loved Ones

When family is gathered 'round
There's so much love in the air.
If you ever wonder who has your back,
Just look at your loved ones there.

- Kelly Roper

 

We Are Family

We are family,
Not just because we share blood,
But because we share a bond
Built from abiding love.

- Kelly Roper

 

A Family Is Like A Circle

A family is like a circle.
The connection never ends,
and even if at times it breaks,
in time it always mends.

A family is like the stars.
Somehow they're always there.
Families are those who help,
who support and always care.

A family is like a book.
The ending's never clear,
but through the pages of the book,
their love is always near.

A family is many things.
With endless words that show
who they are and what they do
and how they teach you so you know.

© Nicole M. O'Neil

Published: February 2006 

Edited by H.C. 

 

 

081922 quotes

“While I live I will praise the

Lord;

I will sing praises to my God

While I have my being.”

Psalm146:2

 

A person without a sense

Of humor is like a wagon

Without springs.

It's jolted by every pebble

On the road.

- Henry Ward Beecher

A well-developed sense

Of humor is the pole that

Adds balance to your steps

As you walk the tightrope

Of life.

- William A. Ward

 

A sense of humor...

Is needed armor.

Joy in one's heart and

Some laughter on one's lips

Is a sign that the person down

Deep has a pretty good grasp

Of life.

- Hugh Sidey

Need Term Life Insurance?

https://www.helloplum.com/agent/childs-806

 

Need Health Insurance?

www.HChilds.dontgouninsured.com

 

 

 

081822 The Two Truths Every Family Must Know About Life Insurance...

One surprising survey reveals that life insurance may be more affordable

than many people realize.

Without life insurance, your family must find enough money to pay for surging

burial costs, any debts, mortgages, and car loans left behind by the deceased

family member.

At one point, life insurance was expensive and was a slow paperwork process.

Because all families and couples truly need life insurance, it's no wonder Plum Life

is being used by many. 

We’ve been able to streamline the process and save consumers money.

Of the families who have no life insurance coverage, 62% say they would

be in immediate financial trouble if a primary wage earner died, 

but most of those fear it's just too expensive. 

Research shows that people overestimate its cost by as much as 300%.

If you're under 50 years old and don't smoke, you may qualify for some very

attractive rates. And, get up to $100,000 to $1 million in term life coverage.

See why term life plans are popular…

You choose to be covered for a number of years (10, 15, 20 or 30).

If you pass during this time period, your family will be paid and financially secure.

Here's what many use their coverage for…

The average cost to raise a child is $245,000 and home price is $188,900.

If you have children and a mortgage, it recommended having $500,000 in

term coverage.

Also, it may be used to pay for a funeral or a cremation.

The average traditional funeral costs $8,000 - $10,000. 

It’s not a surprise getting covered is very important.

There are many life insurers… But here's how to get a great low rate

Now, Plum Life has streamlined a 100% online process with instant decision and 

shows your rate online. With your smart phone, tablet or laptop/desktop computer

you can complete the application yourself or I can assist you in the process… 

It’s your choice.

 

Instant Term &

Instant Term with Return of Premium
is Now Available!

 

What is Instant Term?

 

No waiting…

Learn immediately if you qualify for coverage!

(18 to 60)

 

Coverage options from $100,000 to $1M 

Term options: 10, 15, 20 or 30 years 

Credit Card and Bank Draft Accepted

Return of Premium Option Available

Ability to convert to a whole life or UL plan

No medical exams

 

Our website is accessed by many weekly, consumers are using this

user-friendly platform and finding what they're looking for… 

low cost coverage underwritten by a company (S.B.L.I) that has been

in business over 100 years!

 

Simply click the link to get a surprising affordable rate.

https://www.helloplum.com/agent/childs-806

 

Contact Me Today!

 

Hayden Childs

Alabama Licensed Agent

(205) 269-1382

 

“The grief is bad enough,

Don’t leave the burden

To your family!”

 

 

Plum Life, Inc,

400 Connell Dr, Suite 1300,

Berkeley Heights,

New Jersey 07922

 

We currently offer products from

The Savings Bank Mutual Life

Insurance Company of Massachusetts,

Woburn, MA. 01801

 

 

081822 quotes

 Oh, let the wickedness of the wicked come to an end,
But establish the just;
For the righteous God tests the hearts and [a]minds.”

[a] Lit. kidneys, the most secret part of man

Psalm 7:9

 

It isn’t hard to make

A mountain out of a molehill.

Just add a little dirt!

- Anonymous

 

When we strive to become

Better than we are,

Everything around us becomes

Better too.

- Paulo Coelho

 

If we abide by the principles

Taught in the Bible,

Our country will go on prospering

But if we and our posterity neglect

Its instructions and authority,

No man can tell how sudden a

Catastrophe may overwhelm us and

Bury all our glory in profound

Obscurity.

- Daniel Webster

 

 

 

081622 quotes

Formula for Success…

 

K – nowledge…

 

“I was bold in the pursuit of knowledge,

never fearing to follow truth and reason

to whatever results they led.” 

– Thomas Jefferson

 

A – ttitude …

 

“Attitude is a reflection of character 

and character is a reflection of habit.”

-   Tom Ziglar

 

S – kills …

 

“A winner is someone who recognizes his God-given talents,

 Works his tail off to develop them into skills, and uses these skills

 To accomplish his goals. “

– Larry Bird

 

H – abits …

 

“If you develop the habits of success,

 you will make success a habit. 

-  Michael E. Angier

 

 

081522 quotes

If you plan to go the distance,

YOU have to do the roadwork.

- Chuck Parker

 

I have always been delighted

At the prospect of a new day,

A fresh try, one more start,

With perhaps a bit of magic

Waiting somewhere behind

The morning.

- J. B. Priestley

 

When you leave this world

(And you will), it is forever;

So you better make sure where

You are going now,

For there is no coming back.

- James E. Gibbons

 

“And as it is appointed for men to die once,

But after this the judgment,”

Hebrews 9:27