Love. We sell it! Come and Get Your Love Insurance!!!

No, really... you read that right! Perhaps it is not *exactly* what you think when I say we offer and sell love insurance. This is definitely not "broken-heart" or "a-promise-to-find-you-love" insurance, however, there are probably a host of other sites that will do so or at least lay claim to such a feat, but we do offer and sell "Love Insurance".

You see, when you purchase life insurance, you do so for one primary reason: Love. You purchase life insurance because you love someone and respect the idea that when you pass, there will be obligations left behind for your loved ones to have to sort out and deal with. Now, money from a life insurance (or Love Insurance) settlement will never replace you, but it can help to prevent a tragic personal loss from becoming a tragic personal loss compounded with a tragic financial loss.

As it sits today... this very moment... if you are struck by a bus, could your surviving family members, those that depend on your being-there and your paycheck, could they not only make ends meet tomorrow but also do that in addition to paying the raising costs of final expenses? Will the daycare still need to be paid? The mortgage or rent? Will your children have the option for college without soul-crushing student debt? Will... will... will... the obligations are truly endless but, while you may not be there, you can, in the very least, show your final act of true love by purchasing a Love Insurance policy that can help with these financial consequences of a life filled with love, lived. Even though you aren't there, these proceeds can go to help buy your daughters wedding dress, money down for your kids first house... all this for the price of a six pack and pizza (not all that much).

Show your love for your family and contact your Absolute Agent today at 515-279-2722. We have many options to review with you, but when it comes down to it, having something in place is the truly necessary ingredient to bake your love cake. Visit our website at: www.insaia.com 

What's Insurance Up To?

In a world where the only constant is change, it can be difficult to keep up on the little things (and big things) that affect us on a daily basis. Between our families, jobs, and pets; the essential daily grind of our lives; as we connect ourselves further and further into the macrocosm of society to free up our time to get involved in even more activities... as .... as... as... Full stop....

We are busy. The reasons for this are as varied as we are from person to person. Each of us has a particular skill set that make us valuable to, and within, society. However, for most folks, insurance is NOT that thing. But do not despair! There is hope! Like a shining beacon on a hill, there is hope for those lost in the dark landscape of insurance unknowns and that shining beacon on the hill is none other than YOUR ABSOLUTE INSURANCE AGENT! They have the knowledge and expertise to know what insurance is up to!

Contact your local, independent ABSOLUTE AGENT in order to help you weather the STORM of liability, deductible, and endorsement talk. They can help you through the confusing maze of insurance speak and set you on a path to smooth sailing. Call us today at 515-279-2722.

Life and Home: Similarities Galore

Why do some people buy houses for their primary residence instead of living in apartments?  In most cases, there are a number of reasons, ranging from the desire to own instead of renting to tax-advantaged growth to building equity to overall security.  Do any of those reasons sound familiar?

Permanent life insurance offers many of the same benefits as home ownership.  You buy a home because you want permanence, a place to put down roots, because you are always going to need a place to live.  Renting an apartment is generally a temporary solution to housing needs.  Buying permanent life insurance, whether it be whole life or universal life, is what one does to cover a need that will always be there.  Term insurance is temporary, and the premiums continue to increase, just like rent on an apartment.

Permanent life insurance also offers equity buildup, just like home ownership does.  The cash values will generally increase year to year and can provide equity that can provide equity that can be tapped for emergencies, for college funding, for additional retirement funding, or for many other needs, just like home equity.  The growing cash values in the permanent life insurance policy also offer tax advantages because you don't pay income taxes on the growth as long as it stays in the policy.  The earnings are income-tax deferred.  You can say the same about a home in that you don't pay income taxes on any increase in the value of your home as long as you live there.  Once you sell the home, you may have capital gains tax to pay on the growth if the gains exceed allowable levels and the money is not reinvested in another home.

Permanent life insurance also offers a peace of mind security, just like a home.  You know it's always there protecting you from whatever storms may come, financial or otherwise.  Term insurance, on the other hand, eventually will go away go away because the price gets too high to continue.

For more information on life insurance, contact your Absolute Agent today!

September is Life Insurance Awareness Month

You may not like to think about it, but your death can be costly to your loved ones.  At the very least, there will be funeral and burial costs.  There may also be estate taxes and outstanding debts to pay, such as medical expenses not covered by health insurance.  If you have dependents, they will have to cope with these costs while not longer having your income to rely on.

Why buy life insurance?

Many financial experts consider life insurance to be the cornerstone of sound financial planning.  It is generally a cost-effective way to provide for your loved ones after you are gone.  It can be an important tool in the following ways:

• Income Replacement:  For most people, their key economic asset is their ability to earn a living.  Proceeds from a life insurance policy can help supplement retirement income.  This can be especially useful if the benefits of your surviving spouse will be reduced after you death.
• Pay off debts:  Consider life insurance so that you loved ones have the money to offset burial costs, credit card debt, and medical expenses, etc.  Life insurance can (also) be used to pay off the mortgage, supplement retirement savings, and help pay college tuition.
• Estate Planning:  The proceeds of a life policy can be structured to pay estate taxes so that your heirs will not have to liquidate other assets.

How much life insurance do I need?

To decide how much life insurance to buy, you need to first figure out what your goals are in purchasing this coverage.  As yourself the following:

• Do I want to spare my loved ones funeral costs and outstanding debts?
• Am I concerned that my spouse will not be able to continue to pay off the mortgage?
• Am I concerned about college savings for my children or retirement savings for my spouse?

While all situations are different, you will have to purchase enough insurance to provide for their future, while considering how much of your budget should be devoted to life insurance.

Some experts suggest that you purchase 5-8 times your current income.  (However), you will also need to figure how much your dependents will need to pay for in terms of the cost of owning a home, college tuition, food, clothing, child care, nursing home, funeral expenses, and estate taxes.

Your insurance needs will vary greatly according to your financial assets and liabilities, income potential and level of expenses.

Call your local Absolute Insurance Agent to help you determine what is right for your life insurance needs.