Auto-Owners Insurance
Safe. Sound. Secure. Since 1916
Showing posts with label Life Insurance. Show all posts
Showing posts with label Life Insurance. Show all posts
Tuesday, April 2, 2013
Wednesday, June 13, 2012
All Term Insurance Policies are NOT the Same!
All Term
Insurance Policies are NOT the Same!
Why should
you consider Auto-Owners Term Life insurance over other companies’ products,
even if the price is a little higher?
You are ensuring your future. Most term insurance products
sold by other companies leave a big exposure gap! Let me illustrate:
Typical competitor’s 10-year term policy Premiums
·
A 41-year-old preferred non-smoking male:
$500,000 term life policy
·
Year 1 through 10 premium: $415 per year
·
Year 11: $5,730
annual premium (Huge Rate Increase by our Competitors)
·
Year 12: $6,315
·
Year 15: $8,805
·
Year 20: $14,205
At age 51 for this individual
there is a strong chance he will still need life insurance and may even have a
greater need for it then. If he were to become uninsurable during the 10-year
period of this policy and still needed the life insurance, he would not be
too happy knowing he can’t afford the higher premiums after his 10 year term
policy expires. By the 20th year he would have paid
over $100,000 to keep his coverage in force.
Most life insurance is intended and designed
to never pay a death benefit. In fact, only 2 percent of all term policies sold ever pay a death
benefit. Most term policies are designed to force
policyholders to go away before they die. At Auto-Owners we think differently
about our policyholders. We are interested in insuring our policyholder’s future.
Auto-Owners Insurance Company offers a unique optional feature on our 10- and
20- year term policies called Guaranteed
Renewability Benefit (GRB).
At the end of a 10-year term of
low premiums, the policyholder has the option of continuing coverage by locking
in a level rate for another 10-year period. This rate is for the attained age,
using the same underwriting class the policyholder had originally, regardless of
his current health.
So if our customer qualified for preferred rates at age 41 as in the
example above, he would renew at preferred rates at age 51 even if he is
uninsurable due to health reasons. Only Auto-Owners allows you to have
financial peace of mind knowing you can afford to insure the next ten years of
your life with this very unique GRB benefit.
Here is how
Auto-Owners pricing would work for the same client as above:
·
Year 1 through 10: $541 per year
·
Year 11 through 20: $1,112 per year
·
So if our customer qualified for preferred rates
after the 10 year policy expires for this 41-year-old male we are using as an
example. He would need to pay a premium that is only $126 per year higher with
Auto-Owners for the first 10 years in order to get the peace of mind knowing
the future is protected if he becomes uninsurable. After the 11th
year he would already be money ahead with Auto-Owners. I am sure you will agree
that the Guaranteed Renewability Benefit is important for securing your
financial future and it’s only available from Auto-Owners Insurance. The
cheapest price is usually not the best value in anything we buy.
Michael Carlisle
Carlisle Insurance
Agency
740-286-5031
www.carlisleinsagency.com
www.carlisleinsagency.com
Friday, January 20, 2012
SIMPLIFIED-ISSUE LIFE INSURANCE
SIMPLIFIED-ISSUE LIFE INSURANCE
CHILDREN’S
ADVANTAGE PLAN Plus
Life insurance should be the foundation of everyone’s financial
planning. Regardless of age, everyone needs life insurance protection. For
children this need is not measured by current financial obligations, but by
what the future will hold. Auto-Owners Children’s
Advantage Plan Plus ® is recommended and designed for those who care. Starting a
child with a permanent life insurance program, while his or her health is still
good, and also providing a tax deferred annuity savings element for whatever
future needs he or she may have, is a sound financial decision. Not only will a
life insurance policy financially protect the parents of the child, but, it
could be given as a gift to the child when he or she reaches adulthood for his
or her use of the cash values, or as a policy to protect the financial well
being of his or her own family. Please read the amazing policy features and
benefits to insuring what matters most to you.
Policy Features and Benefits
Issue ages are from 15
days through age 17 - allows protection to be obtained before health problems
manifest themselves.
Coverage, premiums and
cash values are guaranteed to age 110.
Policy amounts available
are from $10,000 to $50,000.
Policy amount increases
50% automatically at both age 18 and 25 with no premium increase.
Optional annuity benefit
-
allows an excellent opportunity to begin a retirement savings account, right
from the start.
5% Customized Joint Life
Discount -
allows a savings when two or more policies, with insurable interest, are billed
together.
Life Multi-Policy
Discount -
provides a 5% discount on your automobile, homeowners, mobile homeowner’s
insurance policy. With the life discount of 5% applied to your homeowners and
automobile policy most of the time the life insurance policy is completely 100% FREE. You simply just can’t find a
better life insurance plan for your child or grandchild.
Premiums paid in advance
-
allows for any number of life insurance premiums paid in advance at a discount.
Cost: $10,000 life insurance policy for a 5 year old female is $6.00 a month. Coverage will automatically increase to $15,000 at
age 18 and to $20,000 at age 25. Therefore, at age 25, the initial coverage of
$10,000 automatically doubles without any increase in premium. With the life discount of 5% applied to your homeowners and automobile policy most of the time the life insurance policy is completely 100% FREE.
If you would like to
purchase this life insurance policy for your child or grandchild, have any
questions relating to this or any life insurance product or have any questions
please feel free to call Michael
Carlisle at Carlisle Insurance
Agency at 740-286-5031.
Auto-Owners is "Highest in Customer Satisfaction with
the Auto Insurance Claims Experience, Four Years in a Row" -- J.D. Power
and Associates
Friday, January 13, 2012
Shedding Light On Car Insurance Savings
Carlisle Insurance Agency
659 E. Main St. Suite A
Jackson
Shedding
Light On Car Insurance Savings
It can be easier than you think
to put the brakes on high auto insurance rates – as an independent agency; Carlisle
Insurance Agency can help! We can review your policy and possibly help you find
a variety of illuminating ways to save money. Here are some things you may want
to consider:
• Ask us to check several
companies’ rates. This is the single most important thing you can do to get the
best possible rate—and we can do it for you quickly and easily. The difference
between the highest and lowest rate available to you from different companies
could vary by hundreds of dollars.
• Reduce or drop physical damage
coverage on an older car. Depending on your car’s age and where you live,
comprehensive and collision coverage may not be worth keeping. We can give you
advice on whether it makes sense to reduce or drop this coverage altogether.
• Raise your deductible. According
to the Insurance Information Institute, raising your deductible from $200 to
$500 could reduce your collision and comprehensive cost by 15 to 30 percent. In
addition, because the average driver files a collision claim only once every
ten years, odds are that over the lifetime of your car, a higher deductible
will save you money. We can show you how raising your deductible will lower
your premium.
• Look for discounts. Many
insurance companies reduce premiums for certain driver traits or car features.
For example: being a homeowner for more than three years, nonsmoker,
nondrinker, students with good grades, senior citizens who have taken an
approved defensive driving course, people who only drive for pleasure, cars
kept in garages, antilock brakes, antitheft devices, air bags, etc. Ask us to
check.
• Don’t assume having your car
and home insured by the same company is the best option. Because auto insurance
rates vary so much from company to company, it may make sense for you to have
your car and home insured by separate companies. Let’s talk about it.
To learn more about all an
independent agency can offer you, call Carlisle Insurance Agency at
740-286-5031 or visit www.carlisleinsagency.com or www.progressiveagent.com.
Michael Carlisle
Carlisle Insurance Agency
Friday, December 2, 2011
Carlisle Insurance Agency
213 E. Main Street
Jackson, Oh 45640
740-286-5031http:\\www.carlisleinsagency.com
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