Why Women Need Life Insurance

8 Mar

Today, women have more financial responsibilities than ever before. How will your family or loved ones manage financially if you die? Whether you are single, married, employed, or a stay-at-home mom, you probably need life insurance. At the very least, life insurance can help pay for the costs of funeral and burial services, estate administration, outstanding debts, estate taxes, and the uninsured expenses of a final illness. More>>

Films That Did the Best and Worst Jobs of Predicting the Future

5 Mar

The march of time means many things, for example, its constant reminder of how old we’re all getting. However, another aspect of time inevitably speeding forward is that some movies set in “the future” are no longer so futuristic. Enough time has passed that they are now technically set in the past. Some of them did a decent job of predicting the future, but in truth, few movies did a legitimately good job, so we are judging on a sliding scale. Others, meanwhile, were way off by any standard. Here are 10 films we think did a solid job of predicting the future and 10 that were just a bit off. OK, some of the “good” predictions are a bit of a stretch. Shockingly, movies that were designed for entertainment and not for logic don’t always stick to the world of the plausible More>>

How Do DOL Rules Impact Insurance Producers?

3 Mar

Guest contributor: H. Lillian Vogl, JD, CFP, serves as director, advanced sales, at Crump Life Insurance Services and serves on the company’s regulatory council.

To the surprise of many, the Department of Labor allowed the previous administration’s final fiduciary advice regulation, officially titled Prohibited Transaction Exemption 2020-02, to go into effect on Feb. 16. The focus of PTE 2020-02 is on broker-dealers and registered investment advisors, but how does this turn of events impact insurance producers? More>>

How Much Money Should be in Your Emergency Fund?

1 Mar

As the world is changing faster than ever, it’s crucial to establish emergency savings so you can be prepared for any financial changes as they come. Setting up an emergency fund is one of the best ways to start saving now.

How much is enough to have in savings? The general rule of thumb is to save three to six months’ worth of living expenses, but that guideline might not be possible or right for every family. Here are factors to consider when deciding how much money you should stash away:  More>>

Help Protect Our Families

25 Feb

As we begin 2021, COVID-19 continues to take an unimaginable toll across America and around the world. The pandemic has heightened people’s anxieties around their physical, emotional, and financial health.

Even before the pandemic, LIMRA research revealed there were 30 million American families uninsured and 30 million more underinsured. The prospect of losing a loved one is more of a reality as over 400,000 families have lost a loved one to COVID-19 to date.

While our industry cannot prevent the human tragedy unfolding in our country, we have an opportunity and obligation to help more individuals, households, and businesses secure the financial protection they need. More>>

Disability Insurance Protects Clients as Well as Advisors

24 Feb

Guest contributor: Kenny Russell, director, disability sales for the Disability Solution Center at Crump Life Insurance Services.

If you have clients who are in their working years, you have a number of issues to discuss with them: investments, retirement planning, property/casualty coverage and other insurance products. However, if you are not already doing so, consider discussing disability insurance with clients — as they may not be aware how much a disabling event may affect them financially. More>>

Protecting the Future

22 Feb

A mutual friend with a new dog brought Stephen and Katie together. Stephen had headed to his friend’s house to meet the new furry member of the family, and when he got there, he saw Katie playing with dog in the backyard. “Katie was so outgoing,” says Stephen. “She was the nicest person you’ll ever meet.” That first meeting led to beach outings and concerts, and over time to getting married and thinking about starting a family. It was Katie who suggested they get life insurance. More>>

10 Fun Outdoor Winter Activities for Kids & Adults

19 Feb

During the winter months, most people hole up indoors watching their favorite shows on television. After all, the days are dark and short, it’s cold out, and it’s no fun to put on several layers of gear just to walk the dog. However, wintertime provides an opportunity to experience nature in a completely different way. More>>