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One Million May Not Be Enough

Have you noticed there seems to be a magic number offered by insurance brokers when it comes to offering Term Life insurance? Typically, when a prospect asks the “how much do I need?” question, the simple answer provided by agents in a hurry is, “let’s start with a million dollars and then go from there.”…

Living Benefits of Term Life Insurance

Living Benefits, also commonly referred to as “Accelerated Benefits” are becoming very popular as a selling benefit for life insurance companies. In a world where consumers often assume insurers are heartless, the living benefits of a Term Life insurance policy can actually become a life-saver. Although some of the new policies have the Living Benefits…

Life Insurance for Pilots: Then and Now

Any pilot that flies a plane recreationally or commercially has always in the past had challenges qualifying for and buying Term Life Insurance. The simple act of being in the cockpit caused most insurance underwriters to run for the hills rather than consider accepting the risk. Since the companies consider occupation, health, and lifestyle to…

How Seniors can Benefit from Term Insurance

The Term Life naysayers are quick to proclaim that since very view death claims are paid, purchasing Term Insurance is throwing money down the drain. Their claim is that if an insurance builds no equity or cash value, how can it possibly benefit the living? If Term rates are only affordable for the young and…

Why to Insist on Term Conversion

As we move through our adult life, it is typical to accumulate significant debt through purchases of a home, vehicles, starting a family, opening a business, or investing for retirement. In our younger years, when a lot of coverage is necessary, the most affordable type of life insurance is Term insurance. We do, however, reach…

Unusual Ways to use Term Life Insurance

Death and taxes are an absolute. We know that life insurance settles the death part, but there also ways to use it for the taxes part. In fact, there are other unusual ways to take advantage of this very affordable insurance product. Funding your Legacy Let’s use, for example, Lisa and Fred, who own a…

What is the best Life Insurance for Mortgage Protection?

You’ve finally saved enough for the down payment on that perfect home in that perfect neighborhood. Your closing went off without a hitch and you begin the transition from that home you were renting to the home you are buying. You think to yourself how wonderful it is not to be throwing rent money down…

What are the riders available on Term Life Insurance?

While we know that Term life insurance has the most affordable rates, there are some who are not aware of the total value it provides. Most insurers that offer term products will provide additional bells and whistles that make the product more than just a death benefit. To make the product more worthwhile for the…

Why is Term Life Insurance So Affordable?

It’s certainly logical to be skeptical of a product or service that is significantly cheaper than a similar product or service. You get what you pay for, right? In most cases, that is correct. If term life insurance is so cheap, then how can it possibly be any good? To make a legitimate argument regarding…

Who is Ohio National Life Insurance

You’ll rarely see a television ad for them. They don’t have a cute mascot (not yet anyway), and they don’t try to sell their insurance products in 15 minutes. They are the company that most consumers are unaware of but offer rock solid products that have earned them accolades from agents across the country. They…