I believe it’s important to talk with every client we serve about life insurance. This discussion is not designed to sell something to them, though many begin to put up an emotional wall when I raise the subject. My motivation is simply to confirm they have something in place. If at all possible, I want to avoid telling a surviving spouse I never talked about it with their wife, husband, or partner after a funeral.
I met with a new client in the Carrollton area two weeks ago to complete setting up her car insurance. Once that was done, she wanted to discuss life insurance. She has a term policy which is beyond the 10 year term it was written under resulting in annual rate increases. She wanted to know what her options are.
Sheri and I met up at a friend’s home in Carrollton Sunday night to watch the Super Bowl. It was an enjoyable time with good food, great conversation, and one of the best games I’ve seen in a long time. Throw in the commercials for some laughter and it was a great time with everyone staying until the clock ran out.
Most Texans give little thought as to what’s happening in any given legislative session in Austin. After all, how does it impact me or what can I do seem to get in the way of work, raising kids, and being with family and friends. I understand, but you might be surprised that when we do speak up, we may just be heard and cause the very change we seek.
Are you financially prepared if your husband or wife dies? Based on the results of a study commissioned by New York Life, the answer is a resounding No! 68% of women survivors and nearly half of male survivors reported significant life changes following the loss of their spouse with financial concerns topping the list.
You’ve worked long hours to fulfill a dream and build your company from a surviving business to a thriving, successful business. Have you given any thought to succession planning; who will succeed you, and how it will be funded? Or maybe you’re a partner in a company and you want to protect the business you’ve helped build, but what if something happens to your partner?
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