Category Archives: Broker General Agency

The Top 5 Benefits of Fixed Annuities 

Fixed annuities have many benefits that allow clients to reach their long-term retirement goals. The number one fear of people now is outliving their money. They fear this more than death. Most people would rather be dead than broke. Annuities give people the ability to create a lifetime income.   Fixed annuities are uniquely positioned to include […]

Submitting a Clean Application

What is the best way to fill out a life insurance application?  Taking time to review and answer every question in full is the best way to ensure an application is completed correctly. Filling out a life insurance application can seem like a daunting process for agents and advisors. Ticket or full application? Paper or electronic […]

What are Risk Assessments? – Part 2

How Can Risk Assessments Help Get Better Offers?  Utilizing the Risk Assessment methods below will help ensure a given client’s application will get the attention it deserves from carriers who look more favorably upon a given client’s situation. The Risk Assessment methods EMG uses are Quick Quotes and Informal Applications. Each has its strengths and weaknesses, and each works better for different situations. Producers should keep in mind that […]

Is Long-Term Care Insurance Tax Deductible?

The short answer is that it depends. Technically, yes, premiums paid into a qualified traditional stand-alone long-term care insurance policy are deemed tax-deductible. However, that can depend on several factors. The premium payments for Long-Term Care Insurance are tax-deductible to the extent that they, along with any other unreimbursed medical expenses, exceed a certain percentage of the […]

What are Life Insurance Underwriters Looking for?

Life insurance underwriters at carriers look at a long list of factors. Those factors include personal health history, family health history, driving record, prescription, medical records, and MIB (Medical Information Bureau). MIB tracks application history at other carriers. Making healthy lifestyle changes produces a significant difference in an individual’s policy rate classification for life insurance. […]