Life Insurance will always be an important part of my
agency. It provides for those ‘what if’ moments. It can be
used as an investment, help a business survive a key man
loss, and can secure loans. Life insurance is a remarkable
tool that is able to bridge generations and create a
dynasty for your family. I have seen term policies for the
price of a pizza. The most expensive life insurance policy
is the one that isn't purchased. What is your legacy?
More About Life Insurance
There are two types of life insurance: There is a
permanent policy and a temporary policy. Both are tools,
they can be good tools and they can be bad depending on
what your needs are. Both have features that can be very
useful in situations. For example, a permanent policy can
build cash value that you can collect at a later date
while you are still living. A 10-year temporary policy can
be inexpensive and used to handle a short term buy-sell
There are some critical questions that are asked, the
first one is what would happen to my loved ones if
you were out of the picture today? Will they have to
sell valuables to take care of my remains, or can they
keep my grandmother’s engagement band to pass on to
their kids? Will my partner have to get a second job to
keep the house? If you ask yourself or your partner
these questions and don’t like the answer then let me see
if I can fix it while it is correctable.
Matt's Life Insurance Story
Life Insurance is something that my agency is very
passionate about. Throughout my life, I have had a journey
with Life Insurance.
In my 20s, I had a very large policy when I went to
Desert Storm. I was Infantry and there is not a huge life
expectancy for an infantry soldier. I loved my wife and
wanted to make sure that she wouldn’t have to worry if I
didn’t come home. This allowed me to focus on my job.
I also had a small amount of money that was given by my
father’s estate when he passed when I was 22 after
battling cancer for several years. Thanks to his
foresight, his bills were taken care of, the funeral was
arranged and his wife was taken care of. After his death,
he had an estate that was able to still provide.
In my 30s, I had several policies through work. I now
have a family of my own to look out for. I have a couple
of health issues that I picked up along the way and now I
am improving them by diet and exercise.
In my 40s, I am starting to have more friends pass. Some
with kids and some without, all of them have had people
that loved them. It breaks my heart to watch their loved
ones struggle with the hole that they left in their
passing. I have seen parties, passing the hat, and PayPal
donor accounts to scrape together the basics. I would
rather spend the 20 to 30 minutes to help my friends set
up a ‘what if’ policy for their loved ones than spend 20
days scrambling to find the money to cremate the remains.
What will be your final gift to your loved ones?