Who Do You Buy From?

My wife's niece and her new husband recently asked me to whom they should talk about their insurance needs. Since they live a continent away, it only made sense to direct them to someone close at hand. But who and how to find them? After a lot of thought, I offered the following advice which I pass along for whatever value it may have: (more…)

Bada Bing!

The LIFE Foundation recently conducted a survey of over 1,000 Americans to find out which of the following 5 TV Dads they think needs the greatest amount of life insurance coverage:

• Mike Brady (Brady Bunch)
• Cliff Huxtable (The Cosby Show)
• Ray Romano (Everybody Loves Raymond)
• Homer Simpson (The Simpsons)
• Tony Soprano (The Sopranos)

(more…)

Talking Turkey

Let's face it, Thanksgiving is the American Family Holiday. "I'll be Home for Christmas" has no meaning for tens of millions of non-Christians. Ditto Easter. And the reverse is true for Passover, Hanukkah, etc. The 4th of July is a time of fireworks and picnics, but for true "family time," nothing beats Thanksgiving. We endure endless hours in traffic or airport security lines so we can profess our love for each other, say a prayer to this God or that one, and bask in the warmth of family and friends. (more…)

Yes Humberto, There is a Crisis of Underinsurance

When someone dies with little or no life insurance, the financial impact on those left behind can be devastating. Humberto Cruz began a recent article by describing what happened to three families he knows when someone in the household died prematurely. (more…)

Under Certain Terms, This Life Insurance Pays Off, Washington Post

In a recent Washington Post article, Color of Money writer Michelle Singletary, in collaboration with author Kim Lankford, discusses the value of Return of Premium term life insurance (ROP). She goes through some rather complicated mathematical calculations to demonstrate that such policies are a good buy. She may well be right – mathematically. But life insurance is about much more than rates of return of alternative investments on premium differentials. (See what I mean?) (more…)