Happy New Year folks!! Hope you all had a joyous Christmas and are looking forward to the new year with vim and vigor!!
For those of you reading my article for the first time, I am doing these monthly insurance articles to educate you folks on insurance matters so that you can be informed and not taken for granted by insurance hoaxs and flim flam ideas..I have been in my business here in northeastern NC for fifty (50) years now starting in 2017. I am a transplant "yankee" from Jersey..I have degrees, as you can see above, in Life insurance, financial planning and health ins. so I am not just another hack proporting junk ins. ideas....So, let's get started....
Last month I told you this months article was on NEW YEARS RESOLUTIONS for your insurance portfolio, some do's and don"ts..Everyone has seen the TV commercials on car insurance that can save you $500 or more on your car insurance( GEICO, PROGRESSIVE, with Flo, THE GENERAL, etc), but did you ever hear them say over how long a period it would take you to save that much money? NO, everyone thinks one year, but that is not the case.. It could be over a five or ten year period, since they do not tell you, you could be getting scammed, for you have no agent to talk to face to face..NEVER,NEVER buy this or any other insurance from TV ads, always find an agent in your area with years of service to talk to..Always ask them for PROOF of their claims by seeing an actual ILLUSTRATION from the company they are selling from..If they himhaw around and say you do not need it, TAKE MY WORD FOR IT, do NOT DO BUSINESS WITH THEM.
Afterall, it is your financial future that you are betting on, not theirs!!
The same approach goes to buying LIFE INSURANCE from TV ads or internet ads, you have no one to see face to face, no one to ask questions to and get responsible answers from..There is on ad on tv that states, you can get 4 times as much TERM INS. from them as you are paying for right now. They do not tell you that you might have a 30 year guaranteed premium plan, which is good, but their plan is only 10 years guaranteed!!So, if you outlive the 10 year plan, you are out of insurance and have to start over looking for more coverage..now you are older and maybe in worse health..DO NOT JUMP TO THE IDEA THAT CHEAPER IS BETTER!!! For when you do, you are for certain losing benefits,and that is what insurance is for..to have the most FINANCIAL PROTECTION, not the least!!
This insurance philosophy carries over to buying anything that will effect your financial position..Another one on TV, BUY SILVER OR GOLD to guard against inflation.. Everyone is selling that pitch..But did you ever stop to think, if gold and silver are so much in demand, and paper money is no good.WHY WHY WHY do they want YOUR PAPER MONEY?? if it is no good for you, WHY do they want it??? Also, those GOLD COINS they sell you, they are only worth what the coin is worth.. That depends on the amount minted, where it was minted( Denver, Philadelphia, Carson City, San Francisco,etc.) That is what determines the value of the coin..Also, the year the coin was minted.
Again folks, it is YOUR FINANCIAL FUTURE AT STAKE!!LEARN TO THINK FOR YOURSELF..if you do not KNOW,,ask an expert..If anyone has questions for me, call me at 252 335 5983 or my cell 252 202 5983 or e-mail me at WWW.INSDR@ROADRUNNER.COM..Next month's article is on FINAL EXPENSE LIFE INSURANCE.. Until then, HAPPY TRAILS TO YOU!!
For those of you reading my article for the first time, I am doing these monthly insurance articles to educate you folks on insurance matters so that you can be informed and not taken for granted by insurance hoaxs and flim flam ideas..I have been in my business here in northeastern NC for fifty (50) years now starting in 2017. I am a transplant "yankee" from Jersey..I have degrees, as you can see above, in Life insurance, financial planning and health ins. so I am not just another hack proporting junk ins. ideas....So, let's get started....
Last month I told you this months article was on NEW YEARS RESOLUTIONS for your insurance portfolio, some do's and don"ts..Everyone has seen the TV commercials on car insurance that can save you $500 or more on your car insurance( GEICO, PROGRESSIVE, with Flo, THE GENERAL, etc), but did you ever hear them say over how long a period it would take you to save that much money? NO, everyone thinks one year, but that is not the case.. It could be over a five or ten year period, since they do not tell you, you could be getting scammed, for you have no agent to talk to face to face..NEVER,NEVER buy this or any other insurance from TV ads, always find an agent in your area with years of service to talk to..Always ask them for PROOF of their claims by seeing an actual ILLUSTRATION from the company they are selling from..If they himhaw around and say you do not need it, TAKE MY WORD FOR IT, do NOT DO BUSINESS WITH THEM.
Afterall, it is your financial future that you are betting on, not theirs!!
The same approach goes to buying LIFE INSURANCE from TV ads or internet ads, you have no one to see face to face, no one to ask questions to and get responsible answers from..There is on ad on tv that states, you can get 4 times as much TERM INS. from them as you are paying for right now. They do not tell you that you might have a 30 year guaranteed premium plan, which is good, but their plan is only 10 years guaranteed!!So, if you outlive the 10 year plan, you are out of insurance and have to start over looking for more coverage..now you are older and maybe in worse health..DO NOT JUMP TO THE IDEA THAT CHEAPER IS BETTER!!! For when you do, you are for certain losing benefits,and that is what insurance is for..to have the most FINANCIAL PROTECTION, not the least!!
This insurance philosophy carries over to buying anything that will effect your financial position..Another one on TV, BUY SILVER OR GOLD to guard against inflation.. Everyone is selling that pitch..But did you ever stop to think, if gold and silver are so much in demand, and paper money is no good.WHY WHY WHY do they want YOUR PAPER MONEY?? if it is no good for you, WHY do they want it??? Also, those GOLD COINS they sell you, they are only worth what the coin is worth.. That depends on the amount minted, where it was minted( Denver, Philadelphia, Carson City, San Francisco,etc.) That is what determines the value of the coin..Also, the year the coin was minted.
Again folks, it is YOUR FINANCIAL FUTURE AT STAKE!!LEARN TO THINK FOR YOURSELF..if you do not KNOW,,ask an expert..If anyone has questions for me, call me at 252 335 5983 or my cell 252 202 5983 or e-mail me at WWW.INSDR@ROADRUNNER.COM..Next month's article is on FINAL EXPENSE LIFE INSURANCE.. Until then, HAPPY TRAILS TO YOU!!
Don't forget to Mention you saw this on the Albemarle Tradewinds when calling.
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JIM KAIGHN INSURANCE AGENCY. HOME OF THE "INSURANCE DOCTOR" by Jim Kaighn, CLU,CHFC,RHU
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Reviewed by kensunm
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