Consumers understand the value of LIFE

The recent economic turmoil has affected most of us and many of us in profound ways. Recent surveys reveal an interesting result of the challenging economic times: Americans are showing more interest in life insurance. According to a survey released by the Life and Health Insurance Foundation for Education (LIFE), 56 percent of Americans say the economic downturn has made it more important to have life insurance, compared to just 9 percent who believe the need has diminished.

It may seem counter-intuitive but if you’ve experienced a recent job loss or salary reduction and are seeking ways to reduce your living expenses, you may have a greater need for life insurance. Remember: One important purpose of life insurance is to provide security for your family by replacing your income if something happens to you. So in difficult economic times, when jobs are harder to find and dependents may need even greater financial assistance, life insurance becomes more critical.

Tough times call for action
Today, most of us understand that life insurance is an essential part of securing our family’s financial security and well-being. Tough economic times call for consumers to take action and reexamine the amount and type of life insurance coverage they have. As your professional insurance agent I can offer information that may help you determine the amount of life insurance coverage that fits your individual needs.


Life insurance issued by Farmers New World Life Insurance Company, Mercer Island, WA 98040

Unable to sell, homeowners become landlords

Are you having trouble selling your home in today’s real estate market and thinking about becoming a landlord? If so, you’re not alone. A growing number of homeowners who need to relocate for a job or other reason are renting their homes instead of selling them in the current market.
Keep in mind that when you become a landlord, your property becomes a place of business and its insurance requirements change. For example, you would need a landlord insurance policy to cover the property and protect you if anyone is hurt on or in the property in place of your homeowners policy. 

Many choices
Landlord policies typically cover the building in case it’s damaged or destroyed by:

• Fire
• Explosion
• Lightning
• Windstorm*
• Hail damage*

There are important optional coverages you may want to consider such as:

• Replacement cost coverage on the home
• Liability coverage
• Coverage for theft
• Coverage for vandalism
• Loss of rent
• Landlord personal liability coverage

Depending on your individual situation, you may consider some options especially important. For example, do you rely on the rental income to pay your living expenses? A landlord policy may include coverage to help compensate for lost rent if the building is uninhabitable because of covered damage such as fire or explosion.

Call me today: I can give you additional information and answer any questions you may have so that you have the coverage you want when you rent your property. 405-285-5555

*Coverage may not be available in all areas.

A Love Letter about LIFE Insurance

A Love letter, you say? What has life insurance got to do with love? Well, quite a lot, it turns out. The bottom line is that you buy life insurance because you love people and want to protect them financially.

I may be biased because I work in the industry, but take a look at this letter from a parent to a  son, and see if you don’t agree:

Dear J.P.:

Today is November 21, 1989, and possibly you are wondering what the date has to do with writing you this letter.

While you are only four months old at the present time, I hope that this is a date you will remember, because today we purchased for you a life insurance policy. It is one like we have and it will be for your use for the rest of your life.

J.P., the difference between financial success and failure is often determined by whether or not a person can discipline themselves in a consistent and conservative financial strategy. Life insurance is ideal in this respect because it has withstood the test of time both for family security and savings … it’s the greatest savings plan in the world because IT WORKS!

It may be that you will have to call upon the cash value of this policy many times during your lifetime and, at such time, we hope you will remember that we started this for your benefit.

This policy carries with it two features of particular significance. The first is an automatic purchase option, which will allow us to increase your coverage as you attain certain ages. The other feature is one that has been very meaningful to me in my financial life and it is called disability waiver of premium. This means that in the event you should ever become disabled, your financial plan will be self-completing for you and your family.

This policy is a special gift of love and affection from both your mother and me … and we suspect that it will be remembered long after all other gifts are forgotten.

May God’s blessings be with you always.

Love always,


Dad and Mom

As Valentine’s Day approaches, why not consider the gift of life insurance? It may be a policy like this one that was purchased—for a child or grandchild, or it may be a policy you buy for yourself with your loved one as the beneficiary. We express our love in many ways, and offering financial security is most certainly an important one.  Please be sure to click here for a life insurance calculator, or better yet, call or email us personally to discuss your needs and design a policy specifically for you!