May 23/2011
Grand Re-Opening of the Patio Theater at 6008 W Irving Park Rd
My agency is now offering a FREE MEDIUM sized popcorn with every in-office insurance quote. No purchase is necessary. The Patio Theater has been closed for almost 10 years and it has gone through a serious renovation and is now ready to display to the citizens of Chicago once again. The Grand Re-Opening is set for June 3rd with the showing of the movie "Thor".
10/07/2010
New products and features revealed today by corporate executives at Farmers Insurance in a conference in Peoria, IL today. Some of the new features are:
The vacant commercial building policy covers buildings that are vacant and in good condition, up for sale, lease or rent. According to the Insurance Service Office Inc. 1999 Businessowners Special Property Coverage Form (BP 00 02 12 99), a building is vacant when, “70% or more of its total square footage: (i) is not rented; or (ii) is not used to conduct customary operations.”
We offer a storage tank pollution liability policy which covers releases commencing after the policy retroactive date that eminate from scheduled storage tank systems for cleanup costs on-site and off-site, as well as third-party loss. This coverage can be used to meet U.S. EPA Financial Responsibility requirements.
Camp Operators Campgrounds & RV Parks Fairs Country Clubs Guides & Outfitters Health & Fitness Clubs Motorsports Pro Sports- Camp Operators
- Campgrounds & RV Parks
- Fairs
- Country Clubs
- Guides & Outfitters
- Health & Fitness Clubs
- Motorsports
- Pro Sports
09/09/2010
Today is the first day of regular season of the NFL. Minnesota Vikings vs. the New Orleans Saints at 8:30 tonight. Well, I hope everyone who has an interest in this will be watching the game. I'll be working and watching the game and this also happens to be my 2nd daughters birthday, she turns 12. So this is a day packed with activities and it is so easy to get lost in the daily tasks, the meetings, the excitement that we have a tendancy to procrasitinate and put things off until tomorrow, or the weekend, or even later than that.
Being that this is Life Insurance Awareness Month (LIAM), maybe this is a good time to let you know that NFL players get a $300,000 life insurance plan that goes up every year by $100,000 to a maximum of $800,000. If a player makes several million dollars a year, and they have a pile of cash in the bank (doubt it), the tax problems are huge with such little life insurance. And look at this quote: Giants defensive end Justin Tuck, a former third-round pick, didn’t have a policy until he signed a $30-million contract in 2008. At that point, he finally heeded the advice of now-retired Giants end Michael Strahan. Tuck equated having an NFL career without a policy to “Russian Roulette” with one’s family and finances.
Not all players think that way. Some are still running without life insurance yet they are supporting families. They are the "bread-winners" and if something happens to them, is the spouse going to be able to get a job to keep the current lifestyle? I think not. Life insurance is not the answer but it can certainly keep the family stable while in a rebuilding phase.
So for the regular guy/gal with a small family, large family, or just taking care of family; failing to plan is planning to fail. Procrastination gets the best of us, but don't let it ruin us. Take advantage of what is available out there. Obtaining life insurance at the same time as auto insurance and home insurance is a great idea to take advantage if massive discounts, saving money, and protecting what we have, our assets. And that is really what insurance is for, to protect out assets.
09/01/2010
September is Life Insurance Awareness Month (LIAM)
The number of individuals owning life insurance has hit a 50-year low, according to a new study.
Only 44% percent of U.S. households have individual life insurance, according to the Trends in Life Insurance Ownership study, which is conducted every six years by LIMRA, Windsor, Conn.
The number of U.S. households with no life insurance coverage at all has grown to 30% of households (35 million), up from 22% in 2004. Among households with children under age 18, 11 million have no coverage.
“Clearly, more American families are living on the edge—surviving paycheck to paycheck—and, as our new study suggests, too many without the safety net that life insurance provides,” said Robert Kerzner, president and CEO of LIMRA.“The numbers tell a grim story. Today there are 11 million fewer American households covered by life insurance compared with six years ago.”
More than 40% of Americans say a key reason they have not bought more life insurance is that they have other financial priorities right now, such as paying off debt or saving for retirement, LIMRA found.
But not having life insurance leaves families financially vulnerable, LIMRA notes. Among households with children under age 18, 40% said they would immediately have trouble meeting everyday living expenses if the primary breadwinner died today. Another 30% said they would have trouble keeping up with expenses after several months.
Half of households said they felt they needed more life insurance—the highest level LIMRA has ever found. Moreover, 24% of households with children under 18 want to speak with a financial professional about their life insurance needs; and 25% of all households plan to buy life insurance in the next year, according to LIMRA.
Life insurance beat out all other sources of financial assets or income that Americans expect to use to help pay bills and to maintain their lifestyle in the event of the primary wage-earner’s death, LIMRA found
.
Other survey findings:
—About one in four middle-market households admit they don’t know how to obtain or reach their financial goals, including buying life insurance.
—Almost eight in 10 U.S. households currently do not have a personal life insurance agent or broker, and most of them say they never did have one.
(
http://www.lifeandhealth.com)