American Income Life – What’s a Good Excuse?

When it comes to not purchasing life insurance, there isn’t one! Protecting the future well being of your family is THE most important thing in the world.

But why do so many people put off buying life insurance protection or avoid it all together? There’s the usual list of excuses:

  • I don’t need it.
  • I can’t afford it.
  • I don’t understand it.
  • I don’t have time to look into it.

Underlying all those excuses is the fact that no one likes to think about dying. But death is a fact of life as much as eating, sleeping, and working, and it’s something we all will face one day. Isn’t it better to be prepared for that day so those you leave behind can mourn your loss without worrying about how to pay the bills.

  • You do need it. The truth is everyone needs life insurance, even if it’s only a small Final Expense policy to cover funeral expenses.
  • You can afford it. A term life policy covers you for a specified period of time and is reasonably priced.
  • You can understand it. A life insurance policy is a contract between you and the insurance company. You pay a premium each month, and your beneficiary receives a specified benefit amount at the time of your death.
  • You do have time. Everyone is busy, but you should make the time to visit with a qualified, licensed insurance Agent to learn more about life insurance and how it can provide your family with a more secure financial future. It only takes a few minutes of your time, but it can be among the most important minutes of your life. Visit www.ailife.com to learn about American Income Life products.
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American Income Life – Control What You Can!

Ever get the feeling life is beyond your control? Everywhere you look, other people are making decisions that impact your life, but over which you have little or no say. Taxes are going up; gas prices are skyrocketing, food prices are increasing. It’s hard not to feel like a victim.

But there is something important to your well being and that of your family that you can control — your insurance coverage. You make the all-important decision whether or not to purchase insurance coverage. Depending on your situation, you may be able to choose the company and the Agent with whom you work. You decide what types of coverage you and your family need and what benefit levels fit your lifestyle and your financial resources.

Granted, you can’t control tax rates, gas prices, or food costs. But you can control one of the most important decisions you’ll ever make … the best way to protect the people you love by providing appropriate insurance protection. Whatever you purchase — health, life, accident, cancer, or critical illness protection — it’s up to you.

Isn’t it comforting to know that when it comes to protecting your family, the ball’s in your court? Go to www.ailife.com to learn more about American Income Life insurance!

American Income Life – Ask Yourself the Right Questions Before You Buy!

American Income Life - Qualities of a Great Insurer

American Income Life – What Questions Should You Ask?

Why buy life insurance?  Young, old, fat, thin, rich or poor … everyone needs final expense coverage at some point.  An American Income Life insurance policy can provide that and more, depending on the benefit amount you purchase.  In the event of your death, a life insurance policy benefit can provide your family with the financial resources they need to maintain their lifestyle — even without your income.

How does life insurance work?

A life insurance policy is a contract between you and the issuing insurance company.  The company guarantees (subject to their claims paying ability) to pay the selected benefit amount directly to your beneficiary when you die.  Life insurance benefits are generally free from income tax and not subject to delays and expenses associated with probate and wills.

What are the types of life insurance?

There are two main types of life insurance: term life and whole life, sometimes referred to as permanent.  A term policy covers you for a specific time period … five, 10, 15, or 20 years, for example.  At the end of the term, you stop paying premiums and your coverage ceases.  A whole life policy covers you until you die, regardless of your age, as long as premiums are kept up-to-date.  Whole life policies generally have an investment component that results in higher premiums compared to term insurance.

How much life insurance do I need?

There are several schools of thought on this question, but most insurers agree that coverage between five and 10 percent of your annual salary is adequate.  For example, if you make $40,000 annually, you should consider a benefit amount of between $200,000 and $400,000.  Every person and situation is unique, so speak with an experienced life insurance Agent like one at American Income Life before you make this important decision.  The best policy for you can depend on many factors — age, lifestyle, financial resources, marital status, etc., and a good Agent can help you make the right determination.

Source: https://www.fidelity.com/viewpoints/things-to-know-about-life

American Income Life – What Makes a Great Insurer?

Choosing the right insurance Agent is important, but just as important is choosing the right insurance company. When selecting an insurer, keep the following in mind:

  • Ratings:  Choose a company with a high ‘Financial Strength Rating’ from a reputable insurance rating agency like A.M. Best Company and/or Standard & Poor’s.
  • Products:  Consider the products you need and want now, but also consider products you may need or want in the future. As you mature, your priorities change. Find a company that can accommodate those changing needs over time.
  • Affordability:  Choose products that fit your current financial situation and lifestyle. There is nothing worse than being ‘insurance rich’ but unable to afford to pay your mortgage or car payment. Make sure you are comfortable with the company’s rates and payment options too. 
  • Claims Service:  Hopefully you may never need to file a claim, but if you do, you want prompt, efficient payment. Find out all you can about a company’s claims’ payment history before you sign on the dotted line.
  • Customer Service: Customer service separates the good companies from the great ones. Can you pay your premium online and check policy and claim status? Will the Agent be available 24/7? If he or she can’t be reached, is there another person or department you can contact? Will the Agent contact you regularly to provide information on new products and to see if your needs have changed? Will the Agent sincerely care about you and your family’s insurance needs?

There is a lot to consider when selecting a quality insurance company, but making the right decision now will save you time, money, and frustration down the road. Check out www.ailife.com to learn more!

Sources: http://insurance.lovetoknow.com/What_You_Look_for_in_an_Insurance_Company

Qualities of an American Income life Insurance Agent

What qualities should you look for in an American Income Life insurance Agent?

  1. Strong work ethic: Great insurance Agents live and breathe their industry and are constantly striving to go the ‘extra mile’ for their customers.
  2. Communication Skills:  First and foremost, great Agents listen. They understand they have to know you and your needs before they can recommend products or solutions.
  3. Availability:  Great Agents are great 24/7, not just 8 to 5, Monday through Friday. They are there when you need them.
  4. Flexibility:  They willingly adjust their schedules to accommodate your needs.
  5. Product Knowledge:  Because great Agents have outstanding product knowledge, they can quickly access your needs and make appropriate recommendations.
  6. Customer Service:  No matter what you need, they are there to help, either personally, or by directing you to the right person.
  7. Honesty:  You know without a doubt that great Agents are honest Agents. They always tell you the truth about products, American Income Life as a company, and themselves.
  8. Trustworthy:  Once you build a bond of trust with great Agents, it will never be broken. You know without a doubt your personal and financial information is safe.
  9. Follow-up:  Great Agents don’t sell to you and then abandon you for the next sale. They maintain contact on a regular basis to determine if your insurance needs have changed, provide you with information about new products, or just let you know they’re thinking of you.
  10. Passion:  This may be the most important attribute of all. Great Agents are passionate about what they do, and that passion ignites a flame that burns brightly for them and for you.

 

Sources: http://www.ehow.com/list_7351433_characteristics-insurance-agents.html; http://ezinearticles.com/?Attributes-Of-A-Good-Insurance-Agent&id=6058328; http://www.investinternals.com/2008/06/qualities-required-good-insurance.html

Life Insurance 101 – American Income Life Answering Your Questions

American Income Life insurance tips When you get down to it, life insurance is like a nice leather jacket. You have to find one that’s a perfect fit for you. There are different types of quality, and they seem to come in every size and shape under the sun. But once you find the right fit, you get an overwhelming sense of comfort. Unlike leather jackets though, life insurance can potentially stay with you for the rest of your life.

That being said, not all people need the maximum amount of coverage. If you’re single with no dependents, you won’t need as much life insurance as a person who supports a large family. People with families have more expenses to worry about such as mortgage protection or college expenses for their children. As you can see, life insurance needs aren’t static; they change depending on your circumstances.

There are two main types of life insurance: cash value products and term life. Factors that may contribute to the cost of life insurance include:
• Age
• Gender
• Health
• Family history
• Hazardous activities (parachuting, vehicle racing, bungee jumping, etc.)
• Criminal record

Term life insurance provides coverage for a limited period of time. Term life periods of insurability usually range from five to 30 years. Because of this, term life insurance is usually less expensive than whole life. Premiums can increase due to changes in health, age, or other criteria.

Cash value products are exactly what they sound like; they build cash value tax-free. Potentially, you can borrow against them as long as you’ve met the product requirements. There are several varieties of cash value products including:
• Whole life
• Universal life
• Variable universal life

Whole life insurance provides coverage for your entire life and can also build cash and loan value with premium payments. Whole life has lifelong guaranteed premiums and includes death benefit and cash value.
Universal life is identical to whole life policies, but has greater flexibility in premium payments, guaranteed death benefit, and cash value accumulation.

Variable universal life, often called adjustable life, allows you to invest the cash value part of your life insurance into stocks, bonds, or other programs which may increase your cash value. However, if the investments don’t do well, your cash value could diminish.

Here are some additional tips about life insurance:
• Term life policies can be converted to whole life policies
• Insurance should not be purchased as an investment tool
• If there is misleading information on an application for insurance, the insurance company isn’t obligated to provide full coverage

American Income Life has additional life insurance products and services that you may be interested in. When you think of life insurance, make sure you research the companies you plan to deal with. Look for financial strength ratings to make sure the company is stable and can pay claims. American Income Life has earned the A+ (Superior) Financial Strength Rating from A.M. Best Company (as of 6/11). To learn more about life insurance, visit American Income Life. Our Representatives would be happy to talk with you about the products and services we offer.

Source: http://www.dominicantoday.com/dr/opinion/2011/11/7/41550/Life-Insurance-101

Top Reasons Why You Need Life Insurance

life insurance from American Income LifeWhile the concept of life insurance implies a certain sense of morbidity, the truth is that, eventually, we all die. At American Income Life we believe that life insurance protects the dependents of the policyholder, provides income while the family adjusts to the loss of the breadwinner, funds specific financial goals, and pays for debt and taxes. With nearly two-thirds of Americans living in middle-income households, going without life insurance can prove to be a fatal mistake.

Accidents and illnesses happen. Life insurance is a selfless way to help make sure your loved ones can survive financially without you. Everyone agrees that it’s important to insure your car in case of an accident, but what if that accident turns deadly? Life insurance is necessary for the ‘what ifs’ in life.

A life insurance policy from American Income Life can help allow the family time to grieve without worrying about returning to work immediately. Consider it one last act of love and kindness to help fund costly funeral and burial arrangements.

Another advantage of life insurance is that it can help fund specific financial goals. Since life insurance can help pay off a mortgage or send children to college, it’s important to be insured when purchasing a home or starting a family. When the breadwinner is no longer alive to save for these endeavors, a portion of the policy’s death benefits can be set aside for necessary funding.

Purchasing life insurance before it is needed will help protect loved ones from significant debt and taxes following the policyholder’s death. A prolonged illness can rack up medical bills, while property taxes can cause additional headaches for the family.

In life, no one is immortal. When people are dependent on you, it’s important to buy a life insurance policy before it’s too late. Accept the inevitable and continue providing for your family posthumously. Visit American Income Life to learn more about the available life insurance products.