Frequently Asked Questions

A couple without children generally needs 6-7 times their annual income. A family with dependent child(ren) should have 10-12 times annual income.  This is a broad rule of thumb, not universal and there are exceptions. We can spell out the details for your particular situation.

There is no short answer for this question. Typically the differences have to do with policy guarantees, premium flexibility, and policy duration. We can better answer this in a quick conversation with you. Contact Us. 

Each person’s situation is unique and different.  There is no universal answer to that which is unlike the answers you get from TV personalities. But, with a short conversation we can do the research to find out which is best for you. Hassle free.

Accelerated benefits, sometimes called living benefits are the newest wrinkle in the life insurance world.  These benefits allow the policy owner to access the life insurance proceeds while alive if certain events occur.

That depends on which insurance company is selected.  There are some companies that offer up to $1,000,000 of life insurance with no medical exam, while other companies require a medical exam for any size policy requested. We can spell out the pros and cons of these policies for you.

Not if you are in good health or need the protection after you terminate employment there.  But, if you have serious health issues, the group policy may be the better choice. We can show you options that don't cost as much as most people think.

That depends on the amount of money a person has in the bank.  How long can you go without a paycheck before it would adversely impact your ability to pay monthly bills?  Your answer tells us the answer to the first question. With a quick review, we can tell you what your best option would be.

It is estimated that 70% of disabilities do not happen on the job.  Take a look around the emergency room and ask how many patients planned to be there. But, there are options and we can easily walk you through them.

Very much so.  Group Disability insurance is much more cost effective than individual coverage, but individual disability insurance stays with you when job changes occur, and the cost is level for as long as premiums are paid.

There is a refund option from many companies that provide for a refund of all premiums if no claims were paid during the working years. We can quickly show you which ones offer refunds.

In SC the average cost is about $6,500 per month.  But there are other types of care that could cost less. Let us do the research to show you.

The odds say that 60% of people over age 65 will experience a long-term care situation for 3 months or longer (with the average being 3.5 years). We can easily show you policies and premiums to match your unique situation.

It can be. If you are a married couple on a fixed income and a medical situation occurred that required you to spend a new $3,000 per month for care, how would that be paid?  Keep in mind, it takes 70 years or more of premium payments to equal what an LTC policy would pay in benefits. Ask us, we have the details. It'll be hassle free.

Put the shoe on the other foot.  How would it disrupt your life today if 1 or both of your parents needed you to take care of them (medically or physically)?  How would that change your vacation plans, expenditures etc.?  And that is 24/7 for the rest of their life.

Good news!  There are a few things still not covered but the list is much smaller. Under the ACA (Affordable Care Act), also called Obama Care, the law now mandates 10 essential health benefits that must be included in all new medical insurance.  We know and can explain to you all of the ins and outs of medical insurance. Contact us.

There is a 6-week window every year, called "Open Enrollment," where all insurance companies are required to offer medical insurance without asking any medical questions, including preexisting conditions.  There are limited exceptions to this rule and we know what they are. Let us step you through it to get you into a plan that fits your unique position.

There is medical gap coverage - custom tailored to cover deductibles and co-insurances not paid by your medical plan and they are very affordable. We can easily step you through them.

Yes, but you may need to do it during 6-week window every year, called "Open Enrollment", unless you can claim a "Qualifying Event." Let us help step you though the process.