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Rachel’s Story

life-single-mom

 

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 St. Thomas my wisdom teeth became abscessed and I had just switched jobs so I was in between health insurance. You know I was 28, who cares about the 3 month waiting period. I didn’t need COBRA. So I bought some time with over the counter aids and then in October I woke up and my neck felt stiff, so I rubbed it and found a lump on the right side just below the ear. I went to my family doctor who said that it was a swollen lymph node to fight the inflamed wisdom teeth, but he sent me for a CAT scan just to be safe.

The CAT scan came back negative and as soon as January hit I had my teeth pulled and my doctor said it would take about 30 days for the lymph node to go back to normal. After 30 days it was still swollen. My doctor sent me to an Ears, nose and throat specialist who treated me for two months on antibiotics and when it had still not gone away and another lump showed up on the left side, he decided it was time to remove the “dead lymph node.”

So into surgery I went. The next day the doctor called and told me I had Stage 3 cancer. Long and short, I survived, but in the mean time my husband and I had bought a house and then after I got better decided to start a family. After 3 years we decided to adopt and that is when I found out at the age of 33 that I was going to have difficulty getting life insurance because of my past medical condition.

I filled out the paper work and told the truth when the questions about cancer came up and thank God the paper work I presented when we applied was all that was needed to proceed with the adoption because my daughter was born the next month. About a month after she was born I was denied life insurance after the company had received my medical history from my primary doctor. Thankfully for us, all the papers were filed with the courts so it did not affect our adoption of my daughter, Faith.

I tell you this story as detailed as I felt necessary because you can see that the time in between getting married and the time of my diagnoses, I could have applied and gotten life insurance. Then I would have had the life insurance I needed for an actual event, other than death, the adoption of my daughter. The adoption required that I have life insurance to be a Mother. I too was young and invincible, but now I am a 38 year old cancer survivor, waiting out the time limit of 10 years so I can get life insurance at an affordable rate, and at the amount that would actually benefit my family and not be turned down because I was High Risk.

So please, don’t view Life Insurance as morbid conversation at a young age. Realize that you have no idea what life has in store for you. Hopefully you will survive all that is thrown at you and come out with such a great reward as I did, my Life and my Daughter (my Angel). But for whatever the outcome may be: BE PREPARED!!!!!!

Thank you for listening to my story, God Bless you in your new life, and may you have nothing but happiness and health, and a piece of paper in your filing cabinet to take care of all you acquire and create!

Thank you Rachel for sharing your story with me.  For more information about Life insurance go to our website!  Call us at 215-885-2200 for a review of your life insurance needs.  Don’t wait until it is too late and you do not qualify for life insurance or cannot get life insurance.  Spread the word to your friends.

I invite you to tell me your story!  Share it here, thank you.

Don’t forget to protect your family while you enjoy your summer activities!

life-family

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 should go out and enjoy yourself.

Some of these activities have special risks associated with them.  Make sure you protect your families so you can enjoy these activities.  These activities present a higher risk when purchasing life and disability insurance.  Let us help you make sure you are properly protected with life and disability insurance.

You should be thinking about reviewing your life insurance when you have a life changing event such as buying a home, getting married, having a baby, separating, downsizing, and retiring.  Our website has a section that gives you some tips on what you need to do when you have these life changing events.  Check it out!

Unfortunately, many of us wait until it is too late to purchase life and disability insurance.  A friend, Rachel was kind enough to share her story with us.  Check out Rachel’s Story.

Call us today at 215-885-2200 to review your life and disability insurance.  It could be critical to your family’s financial future.

 

Tax Deadline – Did you get a “Wake up Call?”

 

Tax return

Now that the tax deadline is here, all of us have either paid or extended our tax deadline.  Even if we extended the deadline we still paid what we estimated will be our tax.  So, I ask you, was doing your tax return a “Wake up Call?”

What do I mean by Wakeup call?  As you did your tax return you had an opportunity to review:

  • How much money you earned
  • How much money you spent
  • How much money you invested last year
  • How much money you have invested

So what does all this tell you?  Here are a couple questions to ask NOW:

  • What would happen to my family if I died and they did not have the income I earned this year?
  • What would happen to my family if I was disabled and could not work and I did not have my current income?
  • Am I on target to retire when I want to retire?
  • Would I bankrupt my retirement assets if I had long term care expenses?

So have I added to your stress?  I hope not.  A solution to financial stress is to take action:

  • Meet with a financial planner and discuss your retirement goals and evaluate where you are in reference to those goals
  • Meet with your insurance agent and review your life, disability, long term care, auto and home insurance
  • Meet with an attorney and draw up a will, power of attorney and medical directives
  • Review your budget to see where you can save money
  • Start tracking what you spend so you know where your money is going
  • Now that your accountant has some time to breathe, discuss your tax situation and see if any tax planning for this year would help you save on taxes

We are here to help you!  Take some action today.  Email us at info@spencerinsurance.com or call us at 215-885-2200 to get some answers to the questions above.  Taking some action now will help reduce your stress and put you back on the path to reach your goals.

Have you put off buying life insurance? Check out Rachel’s Story.

 

life-family

Life Insurance Awareness Month is coming to a close.

Before it does I wanted to share again with you a powerful story. If you have been procrastinating when it comes to the purchase of life insurance then you need to read “Rachel’s Story”.

This is not fiction, it is real!  I met Rachel through a networking group and she shared her story while we were discussing our businesses.  I asked her if she would put it in writing for me so I could share it.  I could never tell the story as well as her.  She shares the story so you won’t make the same mistake.

Please pass this story to someone you love who needs to purchase life insurance. With term life insurance rates being so low there is no excuse to not own life insurance.  Contact us now before you can’t buy it.  Remember, insurance is something you need to have before something happens!  Thank you Rachel for sharing your story.

Rachel’s Story:

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 St. Thomas my

wisdom teeth became abscessed and I had just switched jobs so I was in between health insurance. You

know I was 28, who cares about the 3 month waiting period. I didn’t need COBRA. So I bought some

time with over the counter aids and then in October I woke up and my neck felt stiff, so I rubbed it and

found a lump on the right side just below the ear. I went to my family doctor who said that it was a

swollen lymph node to fight the inflamed wisdom teeth, but he sent me for a CAT scan just to be safe.

The CAT scan came back negative and as soon as January hit I had my teeth pulled and my doctor said it

would take about 30 days for the lymph node to go back to normal. After 30 days it was still swollen.

My doctor sent me to an Ears, nose and throat specialist who treated me for two months on antibiotics and

when it had still not gone away and another lump showed up on the left side, he decided it was time to

remove the “dead lymph node.”

So into surgery I went. The next day the doctor called and told me I had Stage 3 cancer. Long and short,

I survived, but in the mean time my husband and I had bought a house and then after I got better decided

to start a family. After 3 years we decided to adopt and that is when I found out at the age of 33 that I was

going to have difficulty getting life insurance because of my past medical condition.

I filled out the paper work and told the truth when the questions about cancer came up and thank God the

paper work I presented when we applied was all that was needed to proceed with the adoption because my

daughter was born the next month. About a month after she was born I was denied life insurance after the

company had received my medical history from my primary doctor. Thankfully for us, all the papers

were filed with the courts so it did not affect our adoption of my daughter, Faith.

I tell you this story as detailed as I felt necessary because you can see that the time in between getting

married and the time of my diagnoses, I could have applied and gotten life insurance. Then I would have

had the life insurance I needed for an actual event, other than death, the adoption of my daughter. The

adoption required that I have life insurance to be a Mother. I too was young and invincible, but now I am

a 38 year old cancer survivor, waiting out the time limit of 10 years so I can get life insurance at an

affordable rate, and at the amount that would actually benefit my family and not be turned down because I

was High Risk.

So please, don’t view Life Insurance as morbid conversation at a young age. Realize that you have no

idea what life has in store for you. Hopefully you will survive all that is thrown at you and come out with

such a great reward as I did, my Life and my Daughter (my Angel). But for whatever the outcome may

be:

BE PREPARED!!!!!!

Thank you for listening to my story, God Bless you in your new life, and may you have nothing but

happiness and health, and a piece of paper in your filing cabinet to take care of all you acquire and create!

Rachel

 

For more informaiton go to our website or call us at 215-885-2200.

The 7 Wonders of Life Insurance

life-family

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 and do for your family.

Life Insurance:

  1.  Buys Time – Loved ones can focus on their grief instead of worrying about how to pay for the funeral and other final expenses.
  2. Provides a fresh start – By helping to pay off credit card bills, outstanding loans and even the mortgage, life insurance starts your family members off with a clean slate.
  3. Generate Income – Surviving family members can continue to pay for life’s necessities for years to come
  4. Offers flexibility – Family members may take time off from work or transition to a more adaptable work schedule.
  5. Creates opportunities – Funds may be used to start a business or pay for schooling to train for a new career
  6. Funds for the Future – Loner-range goals, college education for the children or a comfortable retirement for a surviving spouse may be obtained with the insurance proceeds.
  7. Helps leave a legacy – Parents have the chance to leave future generations a legacy of long-term financial security.

Life insurance can be life changing.

Call us today at 215-885-2200 for a life review

Or check out our website

Share with us how life insurance has helped your family or someone you know. . .

Are you ready for Valentine’s Day?

As your preferred insurance agency, we take your protection very seriously. If we could we would shield you from all bad things that might happen to you and your family.  But since we are only mortals, we have to limit ourselves to just warning you about issues that could affect your happiness and safety.

That’s why I’m writing you today.  I just looked at the calendar and saw that Valentine’s Day is on the horizon.  Like birthdays, anniversaries and Christmas these are opportunities to show your loved one just how much they mean to you. But for those who unintentionally miss these major opportunities to express their  love and devotion, they can be dangerous times of the year.

We know you’re busy and that this day might slip up on you without adequate time to prepare, so be warned:

Valentine’s Day is coming soon! 

Plan now to make it the best Valentine’s Day ever for you and your loved one!

And if you buy or receive anything that needs insuring, call 215-885-2200. Don’t forget that ultimate Gift of Love – Life Insurance.  What better way is there to show your family that you love them.  (Warning: You better buy some chocolate too!)

Happy Valentines Day from your friends at Spencer Insurance Agency, Inc.

Ground Hog Day Predictions

groundhogOn Saturday, February 2, 2013 we will officially learn whether spring is near or to expect six more weeks of bad weather.
Come what may, as your preferred insurance agency we will be here to offer our protection.

Bad weather is one of the main reasons you need insurance since it can wreak havoc on everything you own.  Take the time now to make sure you are adequately covered for floods, hurricanes, earthquakes or tornadoes.

Bad weather is not the only thing that can wreak havoc on your family. The death or disability of one of the income producers of the family can devastate your family’s finances. The death of a parent can be emotionally draining for the family.  Don’t let the death of a parent be financially draining too.

Give us a call today at 215-885-2200 so we can review your protection and make any needed adjustments.

Your friends at Spencer Insurance Agency, Inc.

I am preparing for retirement and downsizing. How does that affect my insurance?

 

This is the time of year we start looking ahead and planning for the future.  We make resolutions and set goals.

There are many items you need to evaluate as your prepare for retirement.  You need to review your auto and homeowner’s insurance to make sure you are taking advantage of all discounts and carry the proper coverage.

You need to review your life insurance, will, and Long Term Care needs.  For more detailed information on Downsizing and Preparing for Retirement

There you will find our report on Downsizing/Preparing for Retirement.  Call us to arrange for a review of your insurance.

Your home is insured for its replacement cost, are you?

When we are discussing homeowner’s insurance we talk about the replacement cost of your home.  The replacement cost of your home is the amount of money you will need to rebuild your home if it was totally destroyed.  You insure it for that amount because you don’t want to lose one of your largest assets, your home.

Can you answer this question?  What is your Replacement Cost?  No, not your home’s replacement cost but YOUR replacement cost.  What will it take to replace your income if you die or become disabled?

The chance of a house fire is 2 in 100.  The chance that you will become disabled is 12 in 200.  The chance of you needing assisted living is one in two and the chance that you will die is 100%.

 Think about that: We all insure our homes for replacement value, but do you insure yourself for your replacement value?  You buy medical insurance so your doctor and hospital get paid if you are sick or injured.  Do you buy insurance so your family will continue to receive your income if you are sick, injured, or deceased?

Your future income is your family’s largest asset.  But most often people insure it for just a fraction of its true value or not at all.  We can sit down with you and do a simple review of your replacement value.  Make sure your family is properly protected.

Don’t wait! Don’t ask yourself “How much Life Insurance do I need now?  Remember the death rate is still 100 %.  It is not a matter of “If” I will die, but “When” I will die!  Ask yourself “When I die how will my family survive without my income?”  Then call us so we can sit down and see how much life insurance your family needs you to have when you die.

Even if you have some life insurance, let us review it with you.  We may find out that the beneficiary is not the person you intended or that you can purchase more protection for the price you are paying now.

Make this commitment to your family, “I will review my life insurance needs NOW!”  Nobody wants to buy life insurance, but most of us want our families to continue to receive our income if we die. Call us today so we can make that happen. Or contact us through our website.

Don’t Bet your Life!

Do you see life insurance as a bet?  “I am betting I will live and the Insurance Company is betting I will die.”  I hear this phrase too often!

Here is one of my secrets. . . We are all going to die!  The question is WHEN. I urge you to get a life insurance review now.  Don’t wait until it is too late and your surviving family members are not only grieving the loss of a parent but are also in a financial mess!

September is Life Insurance Awareness Month.  A couple years ago I asked Rachel to share her story.  It is a powerful story.  Listen to her words. . .

Rachel’s Story

 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 in St. Thomas my wisdom teeth became abscessed. I had just switched jobs so I was in between health insurance. You know I was 28, who cares about the 3 month waiting period.  I didn’t need COBRA.  So I bought some time with over the counter aids. In October I woke up and my neck felt stiff.  I rubbed it and found a lump on the right side just below the ear.  I went to my family doctor who said that it was a swollen lymph node to fight the inflamed wisdom teeth, but he sent me for a CAT scan just to be safe.

The CAT scan came back negative and as soon as January hit I had my teeth pulled and my doctor said it would take about 30 days for the lymph node to go back to normal.  After 30 days it was still swollen.  My doctor sent me to an Ears, Nose
and Throat specialist who treated me for two months on antibiotics and when it had still not gone away and another lump showed up on the left side, he decided it was time to remove the “dead lymph node.”

So into surgery I went.  The next day the doctor called and told me I had Stage 3 cancer.  Long and short, I survived, but in the mean time my husband and I had bought a house and then after I recovered decided to start a family.  After 3 years we decided to adopt and that is when I found out, at the age of 33, that I was going to have difficulty getting life insurance because of my past medical condition.

I filled out the paper work and told the truth when the questions about cancer came up. Thank God the paper work I presented when we applied was all that was needed to proceed with the adoption because my daughter was born the next month.  About a month after she was born I was denied life insurance after the company had received my medical history from my primary doctor.  Thankfully for us, all the papers were filed with the courts so it did not affect our adoption
of my daughter, Faith.

I tell you this story as detailed as I felt necessary because you can see that the time in between getting married and the time of my diagnoses, I could have applied and  gotten life insurance.  Then I would have had the life insurance I needed for an actual event in my life, the adoption of my daughter.  The adoption required that I have life insurance to be a Mother.  At age 28 I was young and invincible, but now I am a 38 year old cancer survivor, waiting out the time limit of 10 years so I
can get life insurance at an affordable rate, and at the amount that would actually benefit my family.  And not be turned down because I was High Risk.

So please, don’t view Life Insurance as morbid conversation at a young age.  Realize that you have no idea what life has in store for you.  Hopefully you will survive all that is thrown at you and come out with such a great reward as I did,
my Life and my Daughter (my Angel).  But for whatever the outcome may be:  BE PREPARED!!!!!!

 Thank you for listening to my story, God Bless you in your new life, and may you have nothing but happiness and health, and a piece of paper in your filing cabinet to take care of all you acquire and create!

Rachel

Take time now to review your life insurance needs.  Give us a call today at 215-885-2200 or visit our website for more information.  Prepare now so yur family will be protected when you die.  Please share with us any of your stories.  Put your story in the comment section so others may benefit from your experiences.

 

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