708.646.9280 Oakbrook Terrace, Illinois Request A Quote
September 3, 2015

Do I Need Life Insurance?

If you have a spouse or children that depend on your paycheck, then yes, you need life insurance (with very few exceptions). It’s simple – you have a paycheck from your job. When you die, that paycheck stops. If your surviving family would have a tough time maintaining their lifestyle, keeping the house, keeping the …continue reading

April 16, 2013

Does a stay-at-home parent need life insurance?

Consider this: If a stay at home parent was not at home taking care of children, cooking meals, cleaning the house, who would? Often, the alternative is to hire someone to do those things, like a nanny/au pair, prepared meal service, or cleaning person. Any parent that has used a day care or nanny will …continue reading

December 27, 2012

E-Books and Beers

I don’t think I’m an “avid” reader, but I guess I enjoy leisurely reading more than the average Joe. As a big fan of e-readers (Nook Simple Touch), I have done some research on the price of e-books vs. paperbacks. A big argument is that the e-book should be less expensive than a printed book, …continue reading

November 2, 2012

What if I never “use” my life insurance?

Term insurance is life insurance for a set period of time, usually 10, 20 or 30 years.  The premiums are fixed for that amount of time.  Similar to renting an apartment, you aren’t building any equity in the policy, but this is perfectly OK.  Do we build any “equity” or cash value in our car …continue reading

Life Insurance: It’s Not Expensive

Life insurance is an emotional thing.  At the end of the day, it’s not about the cost of the premiums.  It’s what the premiums get you in return.  Protection for your family.  Food stays on the table.  The lights stay on in the house.  Your family keeps their house.  The kids can stay in their …continue reading

October 10, 2012

The “Big Mac” Index

Something I ask my clients when discussing insurance, retirement and inflation is if they are aware of the “Big Mac Index.” The Economist magazine uses it to highlight purchasing parity between currencies in various countries. But it also illustrates the need for a cost of living riders in disability income insurance. Because just like the …continue reading

October 8, 2012

Is Your Biggest Asset Insured?

You’re thinking about your house, right?  Let’s take a look at something else: multiply your annual income by the number of years you expect to continue working (let’s use age 65 as a retirement age).  Now ask yourself, What is your biggest asset?  Most people will now say their ability to earn an income is …continue reading