What are the advantages of Life Insurance?

The loss of your income to your Family or Business

will be devastating to them, won’t it? 


If you had the Goose that laid the Golden Eggs, would you insure the Goose or the Eggs?

The Goose as it produces the eggs – the income from your family breadwinner.

The fruits of your labor, a car, house, (Mortgage Life Insurance) clothes, food, education and medical bills, can be replaced by insurance, your savings, credit cards, etc.  Replacing your income requires life insurance.  Life Insurance benefits are generally income tax free. IRC Sec. 101(a)(1)  IRS.Gov  There may be estate taxes, but there are ways to minimize them.

Many of our website visitors are here to find out where their loved ones policy is.  Your survivors depend on your income, make sure that are taken care of whether you are here on earth or in heaven.  Get coverage now, so that your family knows where your policy is.   Here’s a claim paid to the wife of one of our policy holders.  View $300k Life Insurance Payment

The Family Breadwinner’s income is considered so important by the Federal Government that Social Security has some limited death benefits for your family. We can help you build on this base to fully protect your family and estate.

Seven reasons Why do you need life insurance



What you need to know about Life Insurance



Does Life Insurance have a co-ordination of benefits clause?

No, They will ask on the application though if you have other coverage to prevent over insurance and to make sure there is insurable interest. So, if you need more coverage, buy it!!!!  It may or may not be advantages to cancel prior coverage.  It might have lower premiums as you were younger when you bought it and your health might have been better, etc.  It’s no problem to have two or more policies, one from employer, etc.

Video’s from  actual life insurance beneficiaries  Life Happens.org

Free ONLINE Needs Analysis


Why should I buy life insurance?
Do I need to take a physical exam?  freeadvice.com/
What should I expect and how do I prepare for the Paramedical Exam?

What are the principal types of life insurance?
What is a beneficiary?
General Beneficiary Designation


Do I or my beneficiaries have to pay Income Tax on the proceeds?

No,  IRC 101 A

Social Security Survivor Benefits



What are the types of term life insurance policies?
What are the different types of permanent life insurance policies?
Why should I purchase permanent insurance?


How should I choose what type of life insurance to buy?
How do I pick a life insurance company?
How can I assess the financial strength of an insurance company?
How should I choose a life insurance agent?
How can I save money on life insurance?


What is “burial insurance”?
Should I buy life insurance on my child’s life?
Do “empty nesters” need life insurance?


  How should I organize and store my life insurance records?
How often should I review my policy?



If I can’t pay my premium, what should I do?
Where can I get additional information on life insurance?


Which companies are the largest writers of life insurance?

Related Information

Social Security Death Benefits

Instant Term Life Quotes - CA


What about suicide or euthanasia?

Oregon Measure 16?


2 year contestibility Kantor & Kantor  & suicide clause



 Consumer LINKS

Medical Records & Privacy


Medical Underwriting HIPAA Privacy

Guarantee Association
(Insurance Company Insolvency – Bankruptcy)


1067.02. …(2) (A) With respect to any one life, regardless of the number of policies or contracts:

(i) Two hundred fifty thousand dollars ($250,000) in life insurance death benefits, but not more than one hundred thousand dollars ($100,000) in net cash surrender and net cash withdrawal values for life insurance.

(ii) One hundred thousand dollars ($100,000) in the present value of annuity benefits, including net cash surrender and net cash withdrawal values.

1067.17. (a) No person,…shall …in any … way, any …statement, written or oral, which uses the existence of the California Life and Health Insurance Guarantee Association for the purpose of sales, solicitation, or inducement to purchase any form of insurance

1071.5. Every insurer which withdraws as an insurer, or is required to withdraw as an insurer, from this State shall, prior to such withdrawal, discharge its liabilities to residents of this State. In the case of its policies insuring residents of this State it shall cause the primary liabilities under such policies to be reinsured and assumed by another admitted insurer. In the case of such policies as are subject to cancellation by the insurer, it may cancel such policies pursuant to the terms thereof in lieu of such reinsurance and assumption.

Jackson National Disclosure of Guarantee Fund

Insolvency ………………………………….. 980-989

Costs of the last 2 months of life

click on graph to enlarge

cost of last two months of life

Increasing Cost of Dying

Click on image to enlarge

graph increasing cost of dying

3 comments on “Life Insurance

  1. I travel for my business. How am I to be able to put in dates of travel, when I don’t know when I might be going abroad next?

    • certain countries pose a higher risk to travelers and residents.

      When you fill out an application for life insurance, it usually asks whether you plan to travel or live outside the US or Canada in the next two years. If you answer yes, you will most likely have to fill out a foreign travel questionnaire with your application.

      Life insurance companies generally rate countries based on attributes such as economic conditions, political stability, sanitary conditions and availability of medical resources.
      Arch Insurance

      US Constitution Right to travel between states

      The Freedom To Travel Law, Section 626.9541(1)(dd), Florida Statutes, was enacted in 2006 by the Florida legislature. The law defines as an Unfair Trade Practice, the practice of limiting the life insurance coverage available to a person based on lawful foreign travel in the past. It also prohibits discrimination based on future lawful travel plans unless the insurer demonstrates that the persons who travel are in a higher risk, actuarially supportable class – insurance underwriting . Florida Right to Travel – I haven’t found a CA right to travel

      • In view of the continuing outbreak of Coronavirus Disease (COVID‐19) and the U.S. Department of State issuance of an unprecedented Level 4: Do Not Travel advisory at a worldwide level, we will postpone coverage on any individual recently returned from international travel for a period of 30 days following his or her return https://www.myprotective.com/COVID-19/

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