The primary purpose of life insurance is to protect family members financially after their loved one’s death. However, a life insurance policy is not offering guaranteed protection. In many cases, insurance companies keep their promise and pay the benefits to the beneficiary after the insured’s death. Very often, however, life insurance claims get denied for a variety
Common Reasons Why Insurers Deny Life Insurance Claims Read More »
We all want our kids to live long, healthy lives, which is why child life insurance may not feel like a top priority. It’s worth considering, though, as it can lock in low rates and act as an investment vehicle for your children. As your insurance agent, we care about you and your family so
Should You Buy Life Insurance for Children? Read More »
Do Stay-at-Home Parents Need Life Insurance? One of the primary reasons to buy life insurance is to help replace your income if you have loved ones who count on you for financial support. But if you’re not working at a paying job, should you even bother getting coverage? In a word, yes. Because couples often
Do Stay-at-Home Parents Need Life Insurance? Read More »
If your kids have completed college or you’ve paid off your mortgage, you might be wondering if now’s the time to cash out your whole life insurance policy. Taking the cash value from your whole life insurance is a big decision and can have a lasting impact on your financial future. At Spencer Insurance Agency,
What to Know About Cashing in a Life Insurance Policy Read More »
If your parents don’t have an insurance policy or the funds to pay their own way in their later years, you can buy life insurance for your parents yourself, assuming they’re on board and can qualify for coverage. However, buying your parents life insurance isn’t like getting them a surprise birthday gift. To take out
Can I Buy Life Insurance on My Elderly Mom or Dad? Read More »
My name is Rachel and I would really love to share my story with you in hopes that you will see the importance of Life Insurance, even at a time when you still think you are invincible. I was 28 years old and got married in September of 1999. While on our honeymoon n
September is Life Insurance Awareness Month. Soon many employers will have Open Enrollment for their benefit plans. Most employees wait until it is too late to review choices. If you are currently purchasing life insurance in a Employer Group Plan then pay attention. You may be paying too much! Here is an answer to the
FAQ: Should I purchase the supplemental Life Insurance offered by my employer? Read More »
We live for life’s wondrous moments whether it’s a baby’s first step, graduation, or retirement. Life Insurance helps to ensure the life you’ve built for your loved ones won’t come to a halt if something were to happen to you. It’s never too early or too late to consider all the things life insurance can
September is Life Insurance Awareness month! Read More »
I am not surprised when I hear people say that Long Term Care Insurance is so confusing that they do nothing. One of the problems is that too many agents make it confusing. It is very simple. Ask yourself “How much of my retirement assets do I want to protect form long term care expenses?”
Confused about Long Term Care Insurance? Read More »
One of our responsibilities at Spencer Insurance Agency is to make sure you have the proper protection so you can go out and enjoy what you like to do. For example, many of our clients like to waterski, snorkel, scuba dive, Jet Ski, rock climb and ride motorcycles and ATV. You work hard so you
Don’t forget to protect your family while you enjoy your summer activities! Read More »
