Consider these key facts on aging from a recent Census… you’re about to see how they affect life insurance policies in a big way:

  • The highest growth rate within the older population (age 65+) was 46.5% for men ages 85 to 94 and 22.9% for women.
  • Men ages 90 to 94 had the fastest growth rate (+50.3%).

So what does this mean and how does it impact you? Pay attention — living longer may have unexpected tax consequences that you never anticipated. And here’s why:

Most life insurance policies mature at a specific age, typically between age 95-100. If the…


Thanks to healthier lifestyles and advances in modern medicine, there are more Americans over age 65 than at any time in history. The U.S. Census Bureau estimates that by the year 2050, more than 20% of U.S. residents will be age 65 and over, compared with only 15% today. As the U.S. population ages, many families must care for aging parents.

For many people, one of the most difficult conversations is talking with an aging parent about extended medical care and future plans. The emotions involved often prevent important information from being exchanged and critical decisions from being made. …


Did you know that…
  • Approximately 100 million workers have NO Disability Insurance to protect their paychecks
  • 30 percent of U.S. households have NO life insurance. Yes, really.
  • Approximately 1 in 8 drivers is uninsured.

Do these stats surprise you? If you ask any homeowner, they’ll tell you that replacing a roof is the least satisfying expense; however, while the value is obvious, it doesn’t quite provide the satisfaction of new landscaping. Yet, when a thunderstorm hits, ask that same homeowner if they would rather have nice flowers or a sturdy roof. You get my point.

Insurance is a lot like that valuable roof. It’s…


A growing family means growing financial obligations — both now and in the future. Raising children increases your insurance needs and creates the urgency for being properly insured.

AUTO

When a child becomes a new driver, they are typically added to the parents’ policy. Be sure to discuss with your insurance agent all the options available to reduce the additional premium that accompanies a new driver.

HOME

You should review your homeowners policy annually for three primary reasons. First, a growing family means accumulating more personal belongings. Think of each child’s toys, clothes, electronics, etc. Moreover, household income tends to rise during this period, which means that jewelry, art, and other valuables may be among your growing personal assets. …


What Is Probate?

Probate is the legal process that finalizes a person’s legal and financial affairs after their death. During the probate process, the decedent’s property is identified, cataloged, and appraised. Also, probate ensures any outstanding debts and taxes are fully paid. It can be a complex and exhausting process, filled with very specific legal requirements.

For example, if someone dies without a valid will (referred to as dying intestate), the probate court oversees that the decedent’s assets are distributed according to the laws of the state. Period.

If someone dies with a valid will, the probate court is charged…

Leasha West

Making Insurance Cool! Best-Selling Author, International Speaker on Leadership, Insurance, Retirement Planning & Entrepreneurship. US Marine. #addazero

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