July 2016 - Susman
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Brandon Talks Critical Illness

From Brandon:

Twelve years ago, I finally opened the business of my dreams.  After decades stuck inside an office, I was able to leave it all behind for a now thriving coffee house.

From day one, it was perfect.  Sure there were some struggles here and there, but nothing that killed my spirit or deterred my motivation.  The location was perfect and my business quickly became crowded with ‘regulars’ every day.  A dream come true!

Unfortunately, only three years into my new business, my health wasn’t doing as well as my business. I had a stroke before leaving my home one morning.  Thankfully my wife noticed me acting different prior to the onset of the stroke, so when it happened, emergency responders were already on the way and the aftermath wasn’t as bad as it could have been.  However, I still had astronomical medical expenses for the incident itself, as well as financial burden for aftercare and further treatment.

Anyone else I know would have been extremely worried about this situation.  Dealing with the medical issue is bad enough, but how do you cope with the financial stress and stay healthy at the same time?

You do it by having Critical Illness Insurance part of your policy plan. 

Prior to opening my coffee house, I met with my insurance agent to discuss the exact coverage and policies I needed to protect my family and protect my business.  He suggested I add Critical Illness along with Disability and Life Insurance.  Had I ignored that suggestion, my situation would have been much worse.  Because I took his advice and had Critical Illness Insurance, I received a cash payment that allowed me to cover all of the remaining medical expenses, lost wages, and keep the coffee house form sinking until I could get back to work. My wife and I carefully planned and budgeted and were able to make it through my extended medical treatment plan with only a small amount of out-of-pocket expense.

I still have the coffee house.  I still have Critical Illness Insurance. 

I wouldn’t choose to live without either of them.

Critical dollar

 

 

 

We ALL Need To Be Covered

“Wait, you mean I need life insurance?”…Asked the inner monologue of my twenty-something (ok, maybe late or even WAY later twenties) year old self.

I wasn’t married, didn’t have kids, and nowhere near retirement.  I thought life insurance was an ‘old person thing’ that you were required to purchase at a certain age or after some lifetime achievement.

I was wrong.

GASP! It doesn’t happen often, but that old, but younger me was indeed wrong.

At that time, I had been socked with a pretty serious illness (Cancer) and it was quickly brought to my attention that if I were to suddenly be gone, who would be responsible for my remaining debts and how would my final expenses get covered? Just because I wasn’t supporting a family didn’t mean that I was void of needing life insurance coverage.  I didn’t want my mother or significant other stuck with the burden.  Losing a loved one causes enough havoc on emotions and I felt it would be wrong to leave my financial obligations to someone else.

During my research for coverage and policies, I learned A LOT, including:

Everyone benefits from having life insurance, but it is true, some people may not need a major policy.  Such as:

Those with zero dependents: If you’re single with zero children and nobody depends on your income, then you have no need to be insured.

Children: Unless you were Macaulay Culkin’s parents in the early 90’s, you’re probably not dependent on your child’s income, so there is no reason to purchase life insurance on a child.

Retired folks: If your only income is generated from money that you’ve already earned, you no longer need to insure against income that will be lost if you die. In retirement you’re living off income that is already earned, or income that will be generated from itself, not you. (20Somethingfiance.com)

The people that do need life insurance include:

Those with a mortgage or other large debts: Good and bad debt included.

Those with children: If you have a loved one who is dependent on your income to help pay for your children’s schooling or are a single parent, consider taking out a policy to cover the future expense of your children’s college education.

Those with other non-children dependents: This could include a partner, family member, or someone else who is dependent on your income, or will be dependent on your income in the future.

 

While the illness and situation were both scary and nerve-racking, I found the process of comparing life insurance coverage and getting quotes online to be very easy.  I thought that I would be considered high risk and therefore denied life insurance coverage.

I wasn’t.

I was able to find affordable life insurance with the coverage that I needed. It was SO easy.

  1. While I still hate the illness I had to suffer through, I am happy it gave me the much needed push to examine the importance of having life insurance – even as a single, childless, non-retiree.
  2. I was wrong.
  3. We ALL need to be covered and protected in some way.
We ALL Need Life Insurance
We ALL Need Life Insurance

 

Father Knows Best

Alysia learned from her father early on in life exactly what she would need to so in case something ever happened to her parents. She never gave it a second thought, but after her life changed dramatically and she experienced medical issues with her father, she quickly became aware of the importance of the pre-planning her parents had done.

Got Questions? We Got Answers…and Policies!

So tell us…

Are you old?
Are you young?
Are you afraid of health exams?
Are you are over 50?
Are you are over 80?
Are you gay?
Are you single?
Are you married?
Are you fighting cancer?
Are you a parent?
Are you a pet lover?
Are you on a budget?
Are you are a smoker?
Are you are HIV positive?
Are you are a man?
Are you are a woman?

Our list of questions could go on and on!

If you answered “yes” to any of the questions above, guess what…we have low cost life insurance for you! To take it one step further, we want you to rest easy knowing we also offer life insurance for your kids and your pets!
Educating yourself on life insurance policies can be discouraging, exhausting and painfully overwhelming, but don’t pull your hair out! Don’t even wander away from this screen because we are here to help you! Choosing to secure your future by purchasing life insurance is one of the smartest (and now one of the easiest) decisions you’ll ever make. In fact, it really is a no-brainer. Our insurance policies extend well beyond the reaches of just life insurance.  You can provide he protection you need both personally and professionally.  Please, get it touch with us and let us help you apply for life insurance and update all you current policies – NOW. You will be so very glad you did.

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Never Too Early

Larry was a very loved and respected man amongst his friends, family, and peers. He and his wife started financial planning to make sure they took advantage of all employee benefits available and combine it with policy recommendations from the insurance agent. Larry’s health changed and tragedy struck. The family would not have been able to survive and continue to support Larry without the pre-planning that happened early on.

Critical Illness Insurance – Too Important to Live Without

There are numerous insurance policies from you to choose from.  From the serious to the not-so-serious, it can get extremely confusing trying to determine which policies work best for both your personal and professional life.  One type of insurance that has been found to be extremely important is Critical Illness Insurance.

Critical illness Insurance is a policy that provides financial protection to individuals and may be purchased in conjunction with/in addition to life insurance.  On a very basic level, Critical Illness Insurance allows a cash payment to be made to the policyholder in the event they are diagnosed with a specific illness – which is usually on a pre-determined list within the policy.  The terms are defined within the policy and include specific rules regarding the diagnosis of a critical illness and any specific medical tests required to ensure validity.

The Critical illnesses covered within the policy varies between insurance companies.  When Critical Illness Insurance was first offered, only four conditions were originally covered – heart attack, cancer, stroke and coronary artery by-pass surgery. Now other conditions that might be covered include: Alzheimer’s disease, blindness, kidney failure, organ transplant, multiple sclerosis, Parkinson’s disease, paralysis of limb, heart attack, cancer, and stroke.  Again, the list of covered Critical Illness will be determined by the insurance company.

The cash payment from the insurance company to the policyholder can be used for paying for treatment, doctor visits, medication, medical supplies, bills, lost income, required change in lifestyle, financial protection for dependents, repayment of mortgage and additional items the policyholder bear as a financial burden due to a critical illness event.

So what happens if you or a loved one suffers from a heart attack this year? A stroke? Any other Critical Illness?  Often times tis medical issues happened without any notice or symptoms – meaning you are unprepared for the situation and unprepared for the aftermath.  Major medical insurance covers most of the fees involved, but not all.  How will you cover the costs leftover from an unexpected medical event?  Can you afford the out-of-pocket expenses?  Wouldn’t it be relief to know that you could receive a CASH payment from your insurance company that will provide you with all the assistance you require?

Critical Illness Insurance offers a significant level of protection – protection that you can’t afford to live without.

critical-illness

 

 

Dale and Diana

Diana and Dale had an amazing blended family with successful careers and respect from the community. Dale purchased life insurance and disability insurance to make sure he covered death and injury. Without the policies that Dale purchased early in the marriage, the family would not have be financially secure and been able to continue living within the lifestyle they were accustomed to.

Take Advantage

Today was my last day of vacation. Bright and early tomorrow, I will put the tires to the road again and head back home.  Back to the grind.  Back to ‘normal.’ I have never been to Kentucky, or anywhere that far south, but I was told it is absolutely beautiful – and what I was told was correct!. There are so many places that I am fortunate to see and visit due to my career and significant other, that I am not sure I would have gotten the chance otherwise. For that, I am truly grateful. As cheesy as it sounds, I am at a point on this tour where I am recognizing the importance of not taking anything for grated and making sure that I take advantage of every awesome opportunity given to me – and I am being given a ton of new opportunities. In life in general, we shouldn’t take anything for granted. What we have in one moment could be gone in the very next. Yes, it is important to look into the future and plan accordingly, but we also need to pay attention and give proper affection to the people and things that are right in front of us. Tell the people that surround you how you feel today. Don’t take them for granted or lose the opportunity you are given to spend time with them. Life is short. Take advantage.

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