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 »
Shopping for life insurance may not be as fun as reading a good novel, but it is something everyone should do – sooner rather than later. There are two popular types of life insurance: term life insurance and whole life insurance. While the death benefits from both can be similar, there are a few key
Whole Life Insurance VS. Term Life Insurance Read More »
Thinking about your death isn’t the most enjoyable part of your life. However, ensuring your family’s future is protected when you’re gone is very important! Life insurance can help your family pay for funeral expenses, pay off any debt you left behind, and much more. So why do people avoid buying life insurance before it’s
Life Insurance Myths and Facts Read More »
Life insurance is a simple concept to understand. You pay the premium; your loved ones get the benefit when you die. Like all types of insurance, life insurance premiums are calculated based on the risk that you will die prematurely. This is why young people pay less than someone in their 30s or 40s. The
Factors That Impact Life Insurance Read More »
Many people believe that estate planning is only for the wealthy. Wealthy people have a lot of money, lots of land, and lots to divvy up to their heirs, so it makes sense that they need to plan out how and where their things will end up. However, everyone with any net worth needs to
Getting Your Life in Order Read More »
Q: Should I purchase the supplemental Life Insurance offered by my employer? A: Many employers offer Group Life Insurance coverage. Some of this coverage is provided free as an employee benefit. Many times you can purchase supplemental coverage and the cost will be deducted from your paycheck. Should I buy this additional coverage? There are
Open Enrollment is coming soon. What you need to know . . . Read More »
Even if you are in your thirties or forties you need to pay attention to this article. Your future retirement assets are at risk too. You insure your homes yet there is only a 1 in 300 chance of a house fire. You insure your cars and yet there is only a 1 in
What is the #1 threat to your retirement savings? Read More »
September was Life Insurance Awareness month, but I still want you to be aware. . . Now is a great time to review your employer’s group benefits. In October I get a lot of calls from my clients asking me to review their group supplemental life insurance. They have received the
It may be too late. . . Read More »
As summer comes to a close I ask “will we get rid of this rain and humidity.” I am looking forward to some crisp fall days and seeing the beautiful change of the color of the trees. But it would not be fall without Spencer’s fall safety tips. Check these tips out so you
Fall is here and so are the Spencer Agency’s fall safety tips! Read More »
I didn’t know you sold life insurance. Those are words I hate to hear. Okay, now you know! Spencer Insurance sells life, disability and long term care insurance too. My specialty at the agency is in these coverages. I started my insurance career with John Hancock in the late 80s before joining my Dad’s agency.
The words I hate to hear. . . Read More »
Spencer Insurance Agency, Inc., an independent insurance agency, provides life insurance, disability insurance, auto insurance, home insurance, business insurance, and umbrella coverage.
