Life Insurance – Crump Blog

The Connelly Decision’s Impact on Business Succession Planning

4 Oct

Crump's Insight Podcast featuring Jon Whitacre

Without proper succession planning, execution of that planning, and following the directives set forth, even the most basic estate or business transition can become an adventure and attract scrutiny from the IRS. In this timely episode, we welcome Jon Whitacre, JD, CLU, ChFC, and director of Advanced Sales at Crump Life Insurance Services to explain why Connelly vs United States is so important to financial professionals, life insurance professionals, and clients. He offers solutions to avoid what happened in this landmark case. Podcast>>

Life insurance coverage for breast cancer survivors

2 Oct

Two woman wearing all black sitting on the floor back-to-back each holding a pink Breast Cancer Awareness ribbon.

October is National Breast Cancer Awareness Month.

In the past, getting life insurance with certain pre-existing medical conditions was nearly impossible. Today, things have changed. More>>

Charting the course of life insurance

27 Sep

Young woman standing outside leaning on her car reading a map.

September, of course, is Life Insurance Awareness Month. While this designation invites us to revisit the state of life insurance at this time every year, this year — more than most — warrants that attention. More>>

5 myths the Hispanic community has about life insurance

25 Sep

Six Hispanic women standing outside together celebrating one woman's pregnancy.

Insurance professional and Mexican American Monica Rangel works hard to educate the Hispanic community about life insurance.

The founder and CEO of Efficient Financial and Insurance Solutions in Brea, Calif., regularly helps members of her local community get life insurance coverage. Here are the biggest misconceptions she encounters from her Hispanic clients. More>>

Don’t let life insurance be the pumpkin spice of client financial planning!

20 Sep

Guest contributor Ron Bernas is digital content manager with Crump Life Insurance Services.

What does life insurance have to do with pumpkin spice?

What is the right season for talking about life insurance with clients? Is life insurance the pumpkin spice-flavored product in your portfolio? Let’s hope not! When discussing financial planning with clients, the question of when to introduce life insurance often arises. Is there a right season to discuss this critical aspect of their financial security? The answer is that it’s always the right season to talk to clients about life insurance options. More>>

4 times when term life insurance may be the answer

18 Sep

Close up of a man and woman touching their ring finger where their wedding rings are no longer displayed.

What is likely the most affordable and least complicated kind of life insurance protection you can get?
The answer is term life insurance. This kind of life insurance provides a death benefit for a specific period. Term life insurance doesn’t offer the features various types of permanent insurance, such as whole life or universal life insurance, offer. More>>

Celebrating Life Insurance Awareness Month

13 Sep

The underside of a group of red, green, yellow, and blue umbrellas.

This month is the perfect opportunity for our industry to engage and educate the many Americans who live with a life insurance coverage gap. Together, we can help them get the life insurance they need to protect their families and achieve financial security.

Here are resources that provide insights about what’s impacting life insurance ownership in 2023 and the vital role life insurance can play in providing financial security. More>>

Celebrating 20 years, 20 moments of Life Insurance Awareness Month

6 Sep

Celebrating 20 years of Life Insurance Awareness Month

Life Happens’ 20th annual Life Insurance Awareness Month (LIAM) is officially here! This September marks the 20th anniversary of our biggest campaign, and we’re celebrating all month long. Join us throughout September for 20 Years, 20 Moments, a calendar of events for each weekday during the month. Download the calendar here. From taking the Life Insurance Pledge on September 8, to sharing a memory of a loved one who has passed away on our Memory Wall on September 12, to using one of our free digital postcards to thank your insurance agent on September 22, the calendar is full of simple ways to spread awareness for the importance of life insurance. Save the dates!

Life insurance can offer more than a death benefit

30 Aug

Black and white photo of a woman sitting on a couch along longingly looking out a window

Guest contributor Carma McCallie, JD, is vice president, advanced markets, with Crump Life Insurance Services.

Life insurance can address a multitude of life concerns. The death benefit is especially helpful in providing a replacement for lost income to the insured’s family, covering estate settlement costs, including estate taxes or providing liquidity for business buyouts. But specific policies offer more than just the death benefit. Permanent policies can provide for an accumulation of cash value, and that cash can often be used for the insured’s lifetime needs, including supplemental retirement income. More>>