What Fruit Flies Can Teach Us About Life Insurance?

What Fruit Flies Can Teach Us About Life Insurance?
 Not much we can learn from fruit flies, right?

Actually when it comes to planning for the future, they can show us a lot. There are very few “tomorrows” for fruit flies (fewer than 30 days for most). Their plans for the future have to happen now, because they know how fast time can (eh-hem) fly. We humans may have longer life spans than fruit flies, but how much longer? The truth is, we just don’t know.
Fruit flies live knowing the end is always near, so the word “procrastination” isn’t in their vocabulary. When a need for life insurance arises, they act fast. You may not have hundreds of little mouths to feed like fruit flies Frank and Fran, but it only takes one—one person who depends on you financially or otherwise—for you to need life insurance. You don’t want to leave the financial future of your loved ones in jeopardy.
OK, enough about fruit flies. You love your family and want to make sure they’ll be taken care of, come what may. That means protecting them with life insurance today.

Please Give Me a Call Today to Discuss Your Life Insurance Needs.

I look forward to speaking with you soon.

Jason Shroot Can Be Reached Directly At 714-988-3325 or jason@diversifiedinsurancequotes.com

SO, Now That Our Kids Are Out Of The House, Can We STOP Our Life Insurance?

If you have children at home, you probably already know how important it is to have life insurance to provide for their well-being if you suddenly die. But what about once the kids are grown and out on their own?

Some empty nesters may think life insurance no longer is needed once the kids move out, but here are a few reasons from the Insurance Information Institute to think twice before cancelling your policy:

You still have others who rely on you. This may include your parents in a nursing home or adult children who are disabled or otherwise incapable of earning a living on their own.

• You have financial obligations. Some empty nesters have lived in the same home for years and no longer have a mortgage. Many do, though. A life insurance policy would ensure that your financial responsibilities, such as a mortgage or other payments, don’t overwhelm the surviving spouse.

• One spouse may outlive the other by 20 years or more. If your spouse dies before you're old enough to receive full Social Security benefits, the survivor benefits you do receive will be reduced. Life insurance can bridge that gap.

• You want to leave something for survivors. Some empty nesters continue to carry life insurance policies because they want to money for their children or charities after they die. A life insurance policy also can help offset the portion of money that goes to estate taxes, leaving more money for your spouse, children and grandchildren.

• You want to cover expenses associated with an early death. In many cases, empty nesters who die much earlier than expected don’t have money set aside for funeral and burial costs or final medical expenses. A life insurance policy can cover these costs.

• If you’re already retired or are afraid your age may disqualify you from life insurance benefits, policy options remain available. According to the Life and Health Insurance Foundation for Education (LIFE), one of the fastest-growing segments for life insurance in the United States is policies for those over age 60.

FOR MORE INFORMATION ABOUT THE IMPORTANCE OF KEEPING YOUR LIFE INSURANCE POLICY IN FORCE PLEASE CONTACT JASON SHROOT AT 714-988-3325 OR PLEASE EMAIL JASON AT JASON@DIVERSIFIEDINSURANCEQUOTES.COM OR VISIT http://www.jasonsellsinsurance.com/

Rising Male Unemployment Increases Need for Women to Buy Life Insurance

Rising Male Unemployment Increases Need for Women to Buy Life Insurance

As the recession drags on and layoffs continue, men now outnumber women on the unemployment line, according to the latest numbers from the Bureau of Labor Statistics.

The national unemployment rate for men is 9.8 percent; for women, it's 8.0 percent.
The reasons for the shift are clear. Men represent the majority of workers in the construction and manufacturing industries that have been hit hardest during the recession. Conversely, women dominate the health care and education sectors, which expanded nearly 3 percent in 2008.

Fewer Women Invest in Life Insurance

While women may be gaining ground in the labor force, they remain a distant second when it comes to protecting their loved ones with life insurance coverage.
Studies show that approximately one-third of women have no life insurance policy, and two-thirds of insured women from two-income households feel the life insurance coverage they do carry is inadequate.

Some Women Don't Realize the Value of Their Contributions

Even as some women serve as the primary breadwinner, most women feel they don't need coverage. Instead, they rely on the male's insurance policy, failing to realize that most two-income households rely on both incomes to make ends meet.

"Today, the traditional family model of husband as breadwinner and wife as homemaker holds only for a very small proportion of couples," said Mahshid Jalilvand, a professor of economics for the University of Wisconsin, in a report from the Bureau of Labor Statistics. "Dual-earner families are a major and growing segment of the labor force."

According to data from the Insurance Information Institute, a non-smoking 40-year-old female with a $500,000, 20-year term life insurance policy can expect to pay between $25 and $50 per month for coverage--a small price to pay to secure a family's economic future.

When dealing in dollars and cents, gender is irrelevant. Male or female, full-time employee or stay-at-home parent, if someone relies on you financially, life insurance is a must-have.

For a Life Insurance Quote Please Call Jason Shroot at 714-988-3325

Will You Be Ready to Retire?

Will You Be Ready to Retire?

The Employee Benefit Research Institute’s 2010 Retirement Confidence Survey showed that more than 30% of today’s workers haven’t saved for retirement, up from 25% in 2009 and 28% in 2008. It also indicates that, of those who do have savings, one in four has saved less than $1,000. This may be why 40% of Americans plan to postpone retirement.

The Center for Retirement Research indicates that four out of 10 individuals between the ages of 45 to 59 expect to retire four or more years later than they had expected to before the economic slump, and more than 25 percent find the current level of stress related to the downturn to be equal to or greater than that caused by the 9/11 terrorist attacks.

Why do I quote these statistics? Because it indicates the lack of planning in the workforce and the need to rely on financial professionals for guidance through the planning process. We all tend to procrastinate, but the longer we wait to do this type of planning, the harder it will be to achieve our retirement goals. Start your planning today!

For Questions & Quotes Contact :

Jason @ 714-988-3325

jason@diversifiedinsurancequotes.com