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Showing posts from January, 2023

013123 Why Do YOU Need Life Insurance?

  Why Do YOU Need Life Insurance? In the words of the late Ben Feldman…   “Every man has problems that only Life Insurance can solve.”   Did you know that even the rich and famous need Life Insurance? It was revealed via OK Magazine that Elvis’ daughter Lisa Marie Presley had 2 Life Insurance Polices totaling $35 million dollars. The magazine also reported that Lisa Marie was $ 4 million dollars in debt at the time of her passing on Jan. 12 th 2023. The magazine reported that her three children will inherit around $30 million in Life Insurance proceeds once her debts are satisfied.   Yes Mr. Feldman was correct. Lisa Marie Presley had financial problems that ONLY Life Insurance could solve!   Friend, it is the same for you and me. * Do YOU currently have enough money saved to pay off YOUR debts? * Do YOU currently have 5K to 10K saved to pay for a funeral in YOUR family? * Would YOUR spouse have enough money in the bank to continue YOUR curr

012523 9 Benefits of Whole Life Insurance

(1) Provide for Loved Ones…   It’s the basic need everyone thinks about. You have a young family. You are the major breadwinner. Something happens to you. How is Your family supposed to make ends meet? It’s a form of protection. Peace of mind.   (2) Key Man Insurance…   You and your partner own a business. It’s grown. Many employees Depend on you. If something happens to your partner, it’s likely their Spouse or family will inherit their share of the business. Cash would Be a lot more useful to them. Life insurance on both partners can Provide the cash to buy out heirs and keep the business intact.   (3) Emergency Loans…   Hopefully your client lives a long life. The whole life policy accumulates Cash value, eventually growing to the full face value, or beyond. Many Policies allow you to borrow money against the cash value. You would pay interest.   (4) Funding Estate Taxes…   Your client owns a farm. It’s your major asset. It’s ill-liqui

011823 What Is Life Insurance?

Life insurance is a contract between a life insurance company And a policy owner. A life insurance policy guarantees the insurer pays a sum of Money to one or more named beneficiaries when the insured Person dies in exchange for premiums paid by the policyholder During their lifetime.   Key Takeaways…   * Life insurance is a legally binding contract that pays a death Benefit to the policy owner when the insured person dies.   *For a life insurance policy to remain in force, the policyholder Must pay a single premium upfront or pay regular premiums Over time.   * When the insured person dies, the policy’s named beneficiaries Will receive the policy’s face value, or death benefit.   * Term life insurance policies expire after a certain number of years.   * Permanent life insurance (whole Life) policies remain active until The insured dies, stops paying premiums, or surrenders the policy.   * A life insurance policy is only as good as the fi

011123 What Does Life Insurance Cover?

Life insurance covers virtually any Type of living expense. Some common expenses include…   Immediate Expenses *Funeral and burial costs *Uncovered medical expenses *Mortgage or rent *Car loans *Credit card debt *Taxes *Estate settlement costs   Ongoing Expenses *Food *Housing *Utilities *Transportation *Health care and insurance *Continue a family business   Future Expenses *College costs *Retirement      

010323 A True Life Story...

Got Insurance?   “Nah I’m good, My mama got a Policy on me”   "Every sale has Five basic obstacles… No need, no money, No hurry, no desire, No trust." - Zig Ziglar   I met a man just the other day Who told me…   “Mama had a policy on me and when she passed the policy Came up missing”   He has no life insurance at all.   Don’t let this happen to you.   Step up and take responsibility For providing coverage for yourself and Your family!   I Still Make House Calls!   Hayden Childs Alabama Licensed Agent   (205) 269-1382 shcmail34@yahoo.com www.haydenchilds.net