Need health insurance? Open enrollment for 2023 ACA-compliant health coverage runs from November 1, 2022 to January 15, 2023 in most states You can get health coverage for the rest of 2022 if you qualify for: A Special Enrollment Period due to a recent life event, like losing other coverage, moving, getting married, or having… [Read More]
Life Insurance
Can I Skip Buying Life Insurance Once My Children Are Self-Supporting?
Typically, you can buy life insurance for a child who is age 17 or younger. But what happens when you child or children turn 18 years of age? And what happens when they are self-supporting no longer dependent on their parents? People with children are strongly recommended to have life insurance so that the needs… [Read More]
I’m Single So I Don’t Need Life Insurance. Is That True or Myth?
The short answer is: Life Insurance is for everyone, also for single people. There are some reasons why you might need life insurance if you’re single. For the death benefits – If you died, who would pay for your funeral? Even a simple ceremony could be costly. If you don’t have life insurance, someone else… [Read More]
What Is the Accelerated Death Benefit (ADB)?
Life expectancy is the primary factor considered by insurance companies. We know that a life insurance policy allows you to financially secure you and your family’s future and well-being in case anything happens to you and you are not able to provide for your dependent family members. The life insurance policy has many benefits. Some… [Read More]
Is Life Insurance Only for “Rich People”?
The short answer is: Life Insurance is for everyone, poor, middle class or rich people A life insurance policy allows you to financially secure you and your family’s future and well-being in case anything happens to you and you are not able to provide for your dependent family members. “Individuals, whether rich or poor, should… [Read More]
What’s the Split-Dollar Life Insurance Benefit?
The split-dollar life insurance benefit seems easy to understand on the surface but it requires some digging into the legal and tax considerations A split dollar arrangement is a plan in which a life insurance policy‘s premium, cash values, and death benefit are split between two parties. As explained by Morgan, Jr., James (attorney), “an… [Read More]
How Life Insurance Can Help You Build Wealth for Your Family
Learn why building multi-generational is so important The benefits of using life insurance as a tool to create multi-generational wealth—while ensuring your loved ones can move forward financially after your passing—can be priceless. Here are some of the most common methods: The proceeds from your life insurance are typically tax-free. Your policy can ensure your… [Read More]
7 Life Insurance Myths
Top Life Insurance Myths (Based on FAQs on Life Insurance) The decision for families to buy life insurance is often met with hesitation and confusion, or even denial for it’s not an easy subject to think about what would happen if you were to pass away. When it comes to protecting your loved ones with… [Read More]
Insurance Pro received the “Agency of the Year” Award from HPM
Grateful to the great team at Insurance Pro for this award! Jennifer Lebron Jamillah Jenkins Nelly Torres Adlyn Milena Lugo And all the agents who represent Medicare, Individual Insurance and Life Insurance products. This award is the fruit of many years of sacrifice and dedication! Thank you team, blessed! Juan Carlos “JC” Doitteau President jc@insuranceprofl.com… [Read More]
