Life Insurance and Living Benefits

While I am accustomed to speaking on stage at industry functions, my experience as a professional speaker is as unique as my fingerprint. While the audience size may be as small as twenty or as large as a few thousand, something will stand out in every presentation that will give me that “ this is why I’m here ” feeling. I often tell my “Life Support” story when I am at conferences.  “Life Support” is the story outlining the lessons I learned after waking from a coma.  I was put into a coma because a life threatening virus was coursing through my veins, and systematically shutting down my kidneys and then my liver.  In addition to my kidney and liver shutting down, a heart infection followed, coupled with double Pneumonia. “Life Support” was not only the medical equipment keeping me alive, but it also became a term synonymous with all the support created through the fabric of our lives.  When I tell my “Life Support” story the audience feels the emotion I feel, th

Life insurance is generally purchased to provide tax free cash exactly when needed; for example: income replacement, debt elimination, mortgage cancellation, education costs, or simply maintaining life style for survivors. While people purchase a life insurance policy for one reason, the reason they continue to hold onto the policy may be for something completely different. For example, you might buy a policy to pay off the mortgage if you die prematurely, but after the mortgage has been paid, one might keep the policy to leave the grandchildren something for education. But then comes retirement. We will often see clients come into the office and say “we are retiring and don’t need the policy any longer.” In fact, we also find that others have suggested cancelling the policy because “the kids are self-sufficient and don’t need it”. On the contrary, there are many different reasons people either hold on to their insurance or even buy additional insurance as they retire. H