The answer to that question is quite simple. I believe that you should use a broker because when you purchase your life insurance or health insurance because you will have someone working in your corner. I am an Independent Insurance Broker in the State of Georgia. I work for my clients, not the insurance companies. Allow me to clear things up really fast. There are basically two types of agents. There are captive agents, that basically work for one company. They are contractually obligated, or should I say forbidden, to sell you another company’s product. The reason some agents work under these conditions is because the company feeds them a steady stream of clients. Even though the agent knows another company has better pricing/benefits, they cannot offer you that other product. Next we have Independent Insurance Brokers. These individuals, such as myself, represent many companies. We are able to shop around to ensure you get the best policy/pricing. When shopping for insurance it is always important to determine who your agent is working for. Are they looking out for your best interests? Or are they shoving you into a cookie cutter policy that they put all of their clients into because they don’t have any other choice. If you currently have a life insurance policy or a health insurance policy, I highly suggest you have an ethical Broker review your policy for you. You have no idea how much money you could save by teaming up with a broker.

When parents bring a new baby into this world, they are filled with joy and excitement. Those of you who are parents out there know the feeling. You have waited 9 long months for Baby to arrive. Now that Baby has arrived, your life will be changed forever. It doesn’t matter if it’s your first child or your 9th child, life will never be the same. You might have had a name picked out for Baby but before it comes time to sign the birth certificate, you might begin to consider other possible names that fit this little Angel’s face. The possibilities can drive you insane. It might seem as if there is a list of things that need to be done. You might start to think that you may need to move the crib from one side of the room to the other side, or maybe that changing table needs to be moved elsewhere. You want everything to be just perfect when you get back home and begin your new life with Baby. There are a million ideas flowing through your mind. As a professional that works with families on a normal basis, I believe there are 5 things that every new parent must do. This article hits the nail right on the head and I’d like to share it with my readers. Please consider these 5 things as you begin your life with your newborn. If you have been a parent for a while now, please keep these things in mind too.

The Financial Needs Analysis
I do a lot of insurance needs analysis planning with new clients here at InstaSure Financial. I believe it is very important for one to put things in perspective and find out what their life insurance needs really are. I do a lot of life insurance policy reviews as well and I find that most of the time people don’t have enough life insurance. Some folks don’t even have the right type of insurance to fit their needs. I also often find that many folks don’t even have a clue as to what kind of life insurance they have.

Insurance Needs Analysis Worksheet
The goal of this post is to provide you with some tools to help you determine how much life insurance you need. Here’s a life insurance needs analysis worksheet that you can download right now that will help you determine what your needs really are. Go ahead and print it out and talk it over with your spouse or significant other.

What are you goals?
Take the time to really think about what your financial needs are and determine how your spouse would be able to manage all the bills without you around. This is the fun part folks. You get to imagine that you are dead. Take out all the bills and see how things would get paid without your income coming into the household. Will your spouse or partner stay at home with the children? Or will he/she have to work and pay for daycare? Some folks want to replace their lost income while others want to make sure their loved ones are able to live the same life style they had been experiencing. That would include them continuing to live in the same home and not having to downsize due to lost income. Others might choose to change their lifestyles and get rid of the fancy cars, sell that nice house in the nice part of town, and have the children change schools and be forced to make new friends. It’s all up to you. It’s scary to think about what life will be like without you in the picture or without your partner in the picture, but we must start planning as soon as possible.

Have any of your friends passed away unexpectedly?
Do you know how many times I have picked up the newspaper and saw a friend of mine or saw someone I knew who passed away? You sit there and think, “Wow, I just saw Joe the other day with his daughter. They were in the supermarket in the ice cream section. He said his wife was back at home with the other children getting ready for his youngest son’s birthday party. I just spoke to him about a week ago. Now he’s gone.” It happens all the time folks. I can sit here and talk to you about the importance of this until I am blue in the face but it’s up to you to take action. Here is a another life insurance needs analysis calculator that you can fill out online right now that will help you get an idea of how much life insurance coverage you need. Keep in mind that these sources that I have shared with you should not replace the advice of your trusted adviser. You should consult a professional life insurance broker that can help you determine what you needs are.

I think it is extremely important to organize your personal affairs. Have you really sat down to think about all the things that need to be in order if something were to happen to you? There is a lot of planning that needs to be done. I have a document that you can download that will help you organize your personal affairs. Download your free
“Organizing Your Personal Affairs” planning guide by clicking the link. If you have any questions, feel free to give me a call to get your questions answered. There are further instructions contained within the document as well as a little more information about myself and my company.

Why choose us to handle your life settlement or senior life settlement?

Why choose us as your life settlement broker?

As a licensed broker, it is our responsibility to negotiate with licensed funding providers to obtain the absolute highest offers available for each and every client.

* Only 1 Application is required to receive multiple offers from the top funding sources in the industry!
* We represent the best interests of the Policy Owner and Insured during the entire life insurance settlement transaction. It is our obligation to obtain the highest offer for our clients.
* There are never any fees to apply and there is absolutely no obligation to accept an offer from any of our funding sources.
* It is our goal to provide a quick, professional and hassle–free settlement process.
* All personal information obtained during the application process is strictly confidential.

By choosing to work with a broker to negotiate offers on your behalf, you have only one point of contact to follow up with regarding your application status. Also, your physicians and insurance company will only be contacted by one firm. It is quite common for medical records staff and customer service representatives to become overwhelmed and inconvenienced by multiple requests for the same information; which translates into considerable delays in the underwriting process.

Call Derik Tutt at 404-200-5532 to discuss your life settlement options today!

How Do We Work for the Policy Owner?

Insured Male Age 77
Face Value: $1,000,000
Cash Value: $118,000
Surrender Value: $105,000
Original Offers
Funder #1: $125,000
Funder #2: $130,500
Funder #3: $135,000
Funder #4: $165,000
Funder #5: No Bid – Declined
Funder #6: $200,000
Funder #7: $230,000
Negotiation Phase
Funder #1: $231,000
Funder #2: Declined to Re–Bid
Funder #3: $235,000
Funder #4: $235,000
Funder #5: No Bid – Declined
Funder #6: $240,000
Funder #7: $240,000
Negotiation Phase
Funder #1: $240,000
Funder #2: Declined to Re–Bid
Funder #3: $247,000
Funder #4: Declined to Re–Bid
Funder #5: No Bid – Declined
Funder #6: Declined to Re–Bid
Funder #7: $250,000
Purchase Price $250,000

As you can see, the offers made by Life Settlement Funders can vary greatly. There is absolutely no benefit if you work with only one Funder or even three for that matter. In this case, even Funder # 7, who had the highest original offer, raised their bid by $20,000.

The Broker’s Power of Negotiation Yields Higher Offers.

You may qualify for a final expense benefit from the government: a one time payment of $255. Yet, final expenses are now averaging between $8,000 and $12,000. How will your family pay the difference? Now available in Georgia, is a plan that may pay up to $50,000 to your beneficiary for burial and other expenses even if you have a medical condition. You may even qualify for up to $200,000 worth of Georgia Life Insurance without a medical exam.

To learn what thousands of others have done to protect their families, simply call Derik Tutt at 404-200-5532 for more info and your free quote.

Please allow me to begin by saying that we all wish that we could live forever, but we know we won’t. That’s why we need to be prepared for the unexpected. We need to be able to preserve what we have and protect those that we love. That’s why it is so important to have Life Insurance to protect our loved ones. In case of our untimely passing, Life Insurance can help pay our funeral cost, final expenses (i.e. Medical Bills), outstanding loans (i.e. auto loans, mortgage loans, credit card debt, children’s education).

Life Insurance is a simple answer to a very difficult question: “How will my family manage financially when I die?” It’s a subject no one really wants to think about. However, if someone stands to lose financially over over your untimely passing, it’s a subject we must not put off.

Contact me and get your questions answered.

I just heard a story about group term insurance the other day. A man who developed cancer was so sick that he couldn’t return to work. When his job ended, his group life insurance did as well. He died with out life insurance. He thought he had plenty since his employer provided his life insurance.

Most people don’t realize that their group life insurance may end when their employment is up. They also don’t realize that when you reach retirement age that insurance premiums are higher and the possibility of being rated higher increases.

Having group term coverage through your employer is great. But you should not rely on that as your sole source of life insurance. 99 time out of 100, it’s not enough coverage anyway. Owning your own policy is the way to go. When you buy it through your employer, they own the policy and consequently get all the living benefits of doing so.

I have a colleague who quoted his friend’s parents for life insurance back in 2004. At the time, both were healthy and were looking at $250,000-$500,000 policy for the mother, and $750,000-$1,000,000 policy for the dad.

After a few rounds of going back and forth, they abandoned the idea and decided that they were going to hold off buying the life insurance policies.

In 2006,  the mother died abruptly of cancer.

In 2008, the friend finally decided to go ahead with the life insurance app for his dad. He was declined due to abnormal liver panel. Dad died 6 months later due to extremely aggressive cancer.

This is a fantastic example of why you DON’T PROCRASTINATE with life insurance.

This was just a story that I wanted to share with everyone. Life insurance is at near time lows but rates might be going up in the future. Don’t procrastinate when it comes to life insurance.

Want to save some money on your insurance next year? Try these eight tips from Quicken for Dummies author & CPA Stephen L. Nelson.

By following the eight rules explained here, you can save money, and just as important, you can save yourself from making serious mistakes when you shop for and acquire insurance policies.

<b>Rule 1: Buy Insurance Only for Financial Risks You Can’t Afford to Bear on Your Own</b>

The purpose of insurance is to cover catastrophes that would devastate you or your family. Don’t treat insurance as a chance to cover all your losses no matter how small or insignificant, because if you do you’ll fritter away money on insurance you really don’t need. For example, if your house caught fire and burned down, you would be glad you had homeowner’s insurance. Homeowner’s insurance is worth having, because you likely can’t—and you certainly don’t want to—cover the cost of rebuilding a house. On the other hand, insuring an old clunker is a waste of money if the car is only worth $800. You would be throwing away money for something you could cover yourself if you had to.

<b>Rule 2: Buy from Insurers Rated A or Better by A.M. Best</b>

Insurance companies go bust, they are bought and sold, and they suffer the same economic travails that all companies do. Between 1989 and 1993, 143 insurance companies declared bankruptcy. You want to pick a reliable company with a good track record.

<b> A.M. Best is an insurance company monitoring service that rates insurance companies on reliability. Look for insurers rated A or better by A.M. Best, and periodically check to see whether your insurer is maintaining its high rating. If your insurer goes down a notch, consider finding a new insurance company. You can probably get A.M. Best’s directory of insurance companies at your local public library, and you can find A.M. Best on the Web at http://www.ambest.com.

<b>Rule 3: Shop Around</b>

There are many, many, many kinds of insurance policies, and insurers don’t advertise by price. You need to do some legwork to match your needs with the cheapest possible policy. Talk to an Insurance Broker.

<b>Rule 4: Never Lie on a Policy Application</b>

If you fib and get caught, the company can cancel your policy. If you lie on an application for life insurance and die during the first three years you hold the policy, the company will cancel your policy, and your beneficiaries will receive nothing. Health, life, and disability insurers run background checks on applicants through the Medical Information Bureau, so you can get caught lying. For example, don’t lie about not smoking. I heard of an instance where a guy

<b>Rule 5: Don’t Buy Specific-Risk Policies—Buy General Policies Instead</b>

When it comes to insurance, you want the broadest coverage you can get. Buying insurance against cancer or an uninsured motorist defeats the purpose of having an insurance policy. If you have ulcers, your cancer insurance will not help you. Get comprehensive medical coverage instead.

Uninsured motorist insurance is supposed to protect you if you get hit by someone who doesn’t have car insurance or doesn’t have adequate car insurance. But, in my opinion, you don’t need it if you have adequate car insurance yourself, as well as health, disability, and life insurance. I should point out that some attorneys advise you to carry uninsured motorist insurance because, by doing so, you may be able to recover damages for “pain and suffering.”

<b>Rule 6: Never Cancel One Policy until You Have a Replacement Policy in Place</b>

If you cancel a policy without getting a replacement, you will be uninsured for however long it takes to get a new policy. And if disaster strikes during this period, you could be financially devastated. This rule goes for everyone, but especially for people getting on in years, since older folks sometimes have trouble getting health and life insurance.

<b>Rule 7: Get a High Deductible</b>

You save money by having insurance policies with high deductibles. The premium for high-deductible policies is always lower. Not only that, but you save yourself all the trouble of filing a claim and needing to haggle with insurance company representatives if you have a high deductible and you don’t need to make as many claims.

People who buy low-deductible policies usually do so because they want to be covered under all circumstances. But the cost, for example, of a $400 fender-bender is usually worth paying out of your own pocket when compared to the overall cost of being insured for $400 accidents. Statistics show that most people have a fender-bender once every ten years. The $400 hurts to pay, but the cost of insuring yourself for such accidents over a ten-year period comes to far more than $400.

One other thing: If you have a low deductible, you will make more claims. That means you become an expensive headache for the insurance company. That means your rates will go up, and you don’t want that to happen.

<b>Rule 8: Use the Money You Save on Insurance Payments to Beef Up Your Rainy Day Account</b>

While you can save money on your insurance premiums by following the rules mentioned earlier, it’s probably a big mistake to use that money for, say, a trip to Hawaii. Instead, use any savings to build a nice-sized rainy day fund that you can draw on to pay deductibles. A big enough rainy day fund can cover both periods of unemployment and your insurance deductibles.

A life insurance broker is a dedicated person that encourages and listens to the needs and wants of a person looking for life insurance. It doesn’t matter what type of life insurance you are looking for, Whole life, Universal Life, or Term life. A broker will be able to find suitable rates for you to choose from. When you contact a life insurance broker, you can get quotes from a variety of companies that you may not even know exist. There are many top rated carriers to you.

There are many benefits when dealing with a life insurance broker when looking into purchasing a life insurance policy. The broker is familiar with the requirements of many different companies and knows which ones he/she can contact to get you the best rates on life insurance. It does not cost anything extra to use a broker for your life insurance needs and you do get lower rates than if you went searching on your own. The reason being in the fact that the broker can shop the rates of multiple carriers within a matter of seconds.

When you contact a life insurance broker, he/she will sit down with you to determine your life insurance needs. The broker will help you decide how much of a settlement your family would need in the event of your unexpected death and what type of insurance is most suitable to you. Once those matters have been settled, the broker will then offer your needs to several different companies in order to get you the best rates on life insurance.

The companies that the broker contacts will come back with quotes based on the specifications you set out in the application for life insurance. You can then make a decision on which company to purchase from. Of course, the life insurance broker can advise you on which quote is the best, but the final decision rests with you.

Once you accept the offer, the broker will write up the policy for you based on the quote you choose. You pay the life insurance broker and your policy comes into effect. Instead of having to contact three or four life insurance companies for quotes in order to get the best rates, let a broker do the work for you.

It pays to consult a life insurance broker, provided they are expert and experienced. Best of all, it doesn’t cost you any money to go through a broker.