info@kazsource.com704.774.6160
Facebook page opens in new windowTwitter page opens in new windowLinkedin page opens in new windowPinterest page opens in new windowInstagram page opens in new windowRss page opens in new window
Search:
KazSource
helping leaders create opportunities for their business
KazSource
  • Home
  • Contact Us
  • Blog
  • Home
  • Contact Us
  • Blog
Entrepreneur Perspectives

Life Settlements | Audio Snippets From Podcast Episode 022

Podcast episodes lead to audio / video snippets that can educate and inspire. These are the audio snippets from Life Settlement Specialist, Jamie Mendelsohn. Jamie was featured on our podcast Entrepreneur Perspectives | Episode 022.   In every podcast episode, the things our guests say become knowledge for us (you). The audio snippets we share inspired…

John Priore

February 23, 2018

The John Hancock Vitality Program is a Winner in My Book

The John Hancock Vitality Program is a Winner in My Book

Saving money makes me happy. But saving money while doing something I love to do makes me really happy. And I love to stay active, I love to compete. Whether it’s going to the gym for a power workout, riding my mountain bike on the glorious North Carolina trails, or simply mowing my lawn—if it…

KazSource

December 7, 2017

Life Insurance and Wealth Managers

Life Insurance and Wealth Managers

Last year Russ Alan Prince wrote an outstanding article for Forbes about the integral role life insurance has within wealth management practices. As he mentions, almost 80% of wealth managers within multi-family offices have turned towards outsourcing life insurance expertise, largely due to the specialized knowledge that this field requires. At the same time, the financial…

Scott Upton

November 16, 2017

living benefits - did you know life insurance offers more

Life Insurance Can Offer More: Living Benefits

There’s more to life insurance than just death benefit. Think living benefits.   “Did you knows” exist in many industries. It seems like the insurance industry is full of them. And I understand why. It’s a confusing market. Add to that the fact that many advisors push certain carriers and products. Of course stories develop…

Eric Kasimov

October 30, 2017

What You Really Need to Know About the MIB

What You Really Need to Know About the MIB

We receive a lot of questions from clients and potential clients about the MIB. Most people know it’s part of the process for determining their insurance rate, but that’s about it. Misunderstandings abound. Let us clear up the picture a bit. The MIB (Medical Information Bureau) was started in the early 1900’s to help life…

KazSource

August 25, 2017

Carolina Panthers and Succession Plans

The Carolina Panthers and Succession Plans

In an article from May 2017 on SportsEpreneur.com (our content platform), we posted an article titled, “Why the Carolina Panthers Need a Succession Plan”. This article received much feedback in regards to what succession plans are all about. And of course it stirred up debate on the future of the Carolina Panthers. Here’s a summarized…

Eric Kasimov

July 7, 2017

Buying Life Insurance with a Selfie May Become a Reality

Buying Life Insurance with a Selfie May Become a Reality

Last year, we wrote about how buying life insurance with a selfie may become a reality. Well, here we are a year later and you can now get a life insurance quote with a selfie! This new, fun way to get a quote is now available from Legal & General America.  The life insurance approval…

John Priore

May 11, 2017

9 Common Mistakes We See Professionals Making

9 Common Mistakes We See in Insurance Planning for Business Professionals

All clients have unique circumstances and needs. This creates confusion during the insurance planning process. Through the many conversations we have had, we have identified 9 common mistakes that business professionals make with the implementation of insurance strategies.   1. Failure to review buy/sell agreements when insurance planning A business owner has done all the planning and completed a…

Mitch Long

May 1, 2017

fee-only vs fee-based - What Option Is Better?

Fee-Only vs Fee-Based – What Option Is Better?

In the insurance brokerage business we partner with all types of financial advisors. As we meet with financial advisors we are often told stories as to the type of advisor one is. The most polarizing topic we come across is the concept of fee-only vs fee-based financial planning. We have heard hundreds of different opinions…

KazSource

April 20, 2017

2 Life Insurance Stories With Opposite Outcomes

2 Life Insurance Stories With Opposite Outcomes

In our business we hear many stories. Stories about businesses, and stories about families. Often we tell stories. Here are two similar life insurance stories with very different endings. Recently, one of my clients passed away. Since then, I have been assisting the family to file a death claim on a term policy that we…

Mitch Long

March 30, 2017

How Will You Pay for Long Term Care?

How Will You Pay for Long Term Care?

The Today Show recently aired a fantastic segment on one of the realities many of us will face: how will we pay for long term care (LTC) in our retirement years? The segment does a great job summarizing the differences between traditional LTC and a new hybrid option. As Jean Chatzky brings out, and many of…

KazSource

March 23, 2017

The Importance of Independence in the Life Insurance Industry

The Importance of Independence in the Life Insurance Industry

It was a 70 degree-plus-day in January in Charleston, SC—just what I’d ordered up. I’m motivated even on a bad day, but today I had that extra kick in my step. My schedule was full but flexible, with new people to meet, new ideas ready to pop into my head, and an incredible industry filled…

Mark Heath

February 13, 2017

Champion Your Family By Protecting Their Future

Champion Your Family By Protecting Their Future

We crown champions in sports when they win their league. Most recently, the New England Patriots won the Super Bowl and the Clemson Tigers won the College Football Championship. In the real world, there are other ways to be a champion. Responsible parents are champions, in our book. Part of being a responsible mother or father is…

Eric Kasimov

February 9, 2017

We Aren’t Here to Sell You

We Aren’t Here to Sell You

Every so often, I like to remind readers that people in the life insurance industry are not evil.   Yes, agents need to make a living, but it’s not like we’re just in a hurry to make a buck on your intimations of mortality. Last year, I posted an article titled “But What If,” as…

Eric Kasimov

February 2, 2017

about life insurance

How to Teach Your Children About Life Insurance

As we raise children we teach them the importance of having good manners, and having good work ethics. We teach them to save money for a rainy day, and we teach them to protect their credit by paying their bills on time, and being true to their word. We also need to teach them the…

KazSource

January 19, 2017

If You Are a Millennial, Why Wouldn’t You Buy Life Insurance?

If You Are a Millennial, Why Wouldn’t You Buy Life Insurance?

Life insurance is one of those topics most people would rather not talk about. I get it—and I’m in the life insurance business! But even if we would rather talk about something else (sports!), it’s easy to see why someone with a family and a lot of financial commitments needs this type of protection. When…

KazSource

December 12, 2016

Buying Life Insurance In Just Three Days

Buying Life Insurance In Just Three Days

“Do you own life insurance?” The client responded, “no.” Now, this man was the primary earner for a large family, plus he was carrying the typical large amount of debt. My colleague, who was helping put together a financial plan for this client’s retirement, explained that in his situation, life insurance is a must. Without…

KazSource

December 8, 2016

cost

Are You Overestimating the Cost of Life Insurance?

It’s amazing how ideas and stories find their way into people’s heads, and then through conversation, email, social media and rumors, those ideas (non-factual) become perception. That perception is real and that is all that matters. The sad truth is that many people believe the cost of life insurance is more than double of what it actually is. So…

KazSource

November 28, 2016

Why You Should Review Your Northwestern Life Insurance Policy Now

Why You Should Review Your Northwestern Life Insurance Policy Now

Northwestern has just announced that they will reduce dividends from 5.45% to 5%. That is a major drop. It impacts not only new business but in-force business, including policies sold years ago. And, for reasons I’ll explain, the other mutual carriers (think Mass Mutual and New York Life, among others) are likely to follow suit…

Eric Kasimov

November 4, 2016

4 Reasons Why You Should Consider a Term Conversion

4 Reasons Why You Should Consider a Term Conversion

  1) No underwriting No exams or medical questions are required! Less time wasted on paperwork due to the simplified forms and process.   2) No longer qualify? You’re still covered! Individual will still qualify for insurance (and remain at the original level) even if their health has declined.  Example: Male, age 56 qualified for…

KazSource

August 23, 2016

life insurance agent

6 Ways to Know You Are Getting Ripped Off By Your Life Insurance Agent

  The insurance industry and the life insurance agent have a bad rap. As usual, it’s the poor behavior of a few that makes the rest of us look bad. So, how can you, as a consumer, make sure you’ve got one of the good apples? There’s no simple, fool-proof answer, but if you see…

KazSource

July 18, 2016

Fast Insurance

Insurance. Fast.

Many conversations we have with clients go like this: “I know I need life insurance and I want to protect my family and plan for the future, but I just don’t have time to go through the process.” Lucky for them, and you if you’re like the rest of us who are so overwhelmed and…

KazSource

June 9, 2016

story

Story: A Note Left Behind

Stories are at the heart of life insurance. We have all heard touching and tragic stories as it relates to life insurance. This story comes from an agent affiliated with our group. A client of his was buying a life insurance policy and had a need for $1,000,000. The client felt $500,000 would be adequate. After being educated on why the need was…

KazSource

April 29, 2016

Accelerated Underwriting - ease of insurance

The Ease of Insurance – Accelerated Underwriting

Understanding Accelerated Underwriting Accelerated underwriting is now offered by a top rated carrier and provides a streamlined underwriting program. As a faster and simpler underwriting experience, it has become the preferred choice for many advisors to access high-quality life insurance products. This innovative program uses data that can easily be obtained within 48 hours and eliminate the need…

KazSource

March 15, 2016

The Endangered Individual Health Insurance Market

The State of the Health Insurance Market

With open enrollment just ending for 2016, many questions remain about the future of the Affordable Care Act (ACA). While the legislation was intended to create accessibility and affordability, there is now much uncertainty about the future of health insurance. While varying widely across state lines, the number of carriers providing individual health insurance over…

KazSource

February 12, 2016

Long-Term Care Insurance - More Important Now Than Ever

The State of Long-Term Care Insurance

Seniors 65 and older comprise the fastest growing age group in our society. We’re living longer—and that often means living with chronic illnesses that require expensive nursing care. Having a long-term care insurance plan is more important now than ever. During our seminars, we like to pose the question, “what is your strategy for not…

Mitch Long

January 15, 2016

But What If…

It often seems like everyone you meet wants something. They want to make a sale, they want you to do something, they want and want. But what if… They just want something good for you? Is that possible? We all want something. In the world of insurance, agents want to sell life insurance. You’re cautious,…

KazSource

October 29, 2015

Alarming New Statistics

37% of Americans with children under 18 do not have any life insurance, according to an alarming new poll. And of those who do have insurance, roughly a third have no more than $100,000 of protection. This means over 20 million households with dependent children either don’t have any life insurance or don’t have close…

KazSource

July 14, 2015

Have You Reviewed Your Life Insurance Policy Lately?

Have you ever noticed the way life does not slow down? You have to constantly keep in motion – should your important life insurance policy suffer as a result? Being a life insurance policyholder means you know how important having protection is, for you and the people you love. Keep that protection suited to your…

KazSource

March 29, 2015

Mr. Client, what do you plan on doing with your IRA & 401k?

Clients who are 70 1⁄2 years and older must take their annual Required Minimum Distribution (RMD) from their IRA or 401k. Many high net-worth individuals do not need the distribution income and prefer to maximize the amount of inheritance they plan to leave their beneficiaries. However, upon your client’s death, if the IRA or qualified…

KazSource

June 1, 2014

4 Ways to Fund a Buy-Sell Agreement

There are multiple ways you could fund a buy-sell agreement. We will explore 4 methods below: Life Insurance: A common method of funding buy-sell agreements is taking out a life insurance policy on the present business owner or owners. Following an owner’s death, this common, cost-effective method, makes cash available. Be aware that it is…

KazSource

April 25, 2014

The 3 Whats of a Buy-Sell Agreement

What Are Buy-Sell Agreements? Buy-sell agreements are a business strategy that creates a legally binding contract between two parties, where one party sells business interest to the other when there is a specific event or situation – such as an owner or major investor’s death, disability, or retirement. What Problem Do They Solve? A buy-sell…

KazSource

April 10, 2014

The Basics of a Special Needs Trust

The special needs trust is for those people who want to leave property, assets or money to beneficiaries who are disabled. It is a valuable tool to ensure the eligible beneficiary still receives Medicaid Benefits and SSI (Supplementary Security Income). It is a far better option to consider as compared to leaving cash. Leaving any…

KazSource

April 3, 2014

Irrevocable Life Insurance Trust: A Useful Planning Tool

If you are already insurable, an Irrevocable Life Insurance Trust (ILIT) could be a good option especially for those seeking to pass wealth to their beneficiaries while avoiding estate taxes. Life insurance owned by an insured will be included in their taxable estate. For some this is not an issue, but for others it can…

KazSource

March 30, 2014

Do You Have a Business Continuation Plan?

One of the most widely talked about issues with business owners is what happens if one of the owners dies. However, a large number of small businesses do not have proper planning in place. A buy/sell agreement that is funded can provide the business owners and their families peace of mind. However, if there is…

KazSource

March 23, 2014

Understanding a Revocable Living Trust

A revocable living trust is a tool used in estate planning to help a person manage them both in this life and even beyond. This means that your assets will be protected even when you are ill and when you pass away. You will have given those left behind some stability as it relates to…

KazSource

March 15, 2014

Are You Covered in the Event of A Natural Disaster?

If a natural disaster were to occur tomorrow, are you prepared to face the aftermath? Natural disasters can destroy your car, your home, or even your source of income in an instant. You could be left without any of the comforts that you have worked so hard to own, or worse the necessaries you need…

KazSource

January 20, 2014

Load more

© Copyright KazSource, Inc 2021 | Website designed by KazCM | All Rights Reserved | Disclaimer | Privacy Policy