Purchasing life insurance is a great way to protect your spouse and children from monetary loss should something happen to you. The payments can help cover debts, living expenses, and medical or final expenses, as well as providing financial security. But can you have multiple life insurance policies? The short answer is yes. You can...
Do you have trouble understanding life insurance? You’re not alone. Multiple research studies have found that today’s complex insurance plans, with intricate cost calculations and complicated legal language, cause problems for policyholders who want to understand and have more control over their policies. One way to understand difficult life insurance concepts is by comparing them...
I know a thing or two about pain. Every once in a while, I get a flare-up of an old injury. Are you a sufferer too? You’re already going through enough if you have constant pain; your life insurance rate shouldn’t be a headache too. Stratus Financial Partners wants to debunk the myth that chronic...
Contrary to popular belief, not all life insurance companies are the same. Buying similar plans can end up with dramatically different results later on, depending on the quality of the organization issuing your policy. Here’s why: Problem When we conduct an independent policy review, an important part of our process is checking out the issuing...
At the peak of the COVID pandemic, my friend Joe hadn’t seen his wife for over five months. He had rushed her to the hospital and had to watch from the door while the gurney wheeled her away. It turned out she had an aneurism that needed immediate attention. The doctors saved her life, but...
The issue of marijuana use continues to evolve no matter where you live. While your state, like here in California, may have legalized the drug, the federal government still classifies the substance as illegal. As states push on despite the federal laws, the question of marijuana use is a hotly debated topic inside the insurance...
Fred and Barney are the same age and in good health. They both need the same amount of life insurance protection and they both have discretionary income. Fred is a saver and Barney is a spender. As a saver, Fred doesn’t like to rent things-he likes to accumulate. Since he’s already saving it makes sense...
Fred’s attorney had no indication of whether Fred’s life insurance policy was healthy or not. According to Fred, it hadn’t been looked at in almost ten years. Familiar with how we’ve added value to other clients in the past, the attorney asked us to review the policy for Fred. Here’s what we found. Problem The...
If we’ve ever been fortunate enough to enjoy a conversation, hopefully, I’ve learned something special about you, and you probably know I love classic cars! Life is just more fun when there’s an interesting car needing to be driven somewhere. Take for example the 1958 Chevy Corvette C1. Just because I don’t fit in it...
I was recently a webinar guest of attorney Dennis Sandoval of Sandoval Legacy Group. Early into the program, he asked this question about a policy review. Here, in a 90 second clip, is the answer so anyone who wants to can be confident about their life insurance plan. Held to a Higher Standard Here at...