Life and Health Insurance FAQ

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We offer several types of  insurance including Life, Health, IUL, Annuities, 401k Transfers, M.Y.G.A. ,Travel, Accident, Income protection, Final Expense, Just to name a few

Add an answer to this A fiduciary is a person or organization legally and ethically bound to act in the best interests of another party (the beneficiary or principal), putting their client's needs above their own, especially concerning financial, medical, or legal matters. This relationship is built on trust, requiring loyalty, care, and good faith, with common examples including trustees, guardians, executors, and financial advisors held to the fiduciary standard.  item.

I'm appointed with several major carriers for Medicare Advantage, Affordable Care Act (ACA) , PPO's, Health Savings Account (HSA)

Yes, if you're eligible for Medicare (usually at age 65) and have TRICARE For Life (TFL) or TRICARE as a retiree, you must enroll in Medicare Parts A and B to keep your TRICARE coverage; Medicare acts as your primary payer, and TFL becomes your secondary, wraparound coverage, but you can't have TFL without Medicare Parts A & B, while VA benefits offer a separate path, but Medicare adds flexibility to see non-VA providers.  

Please refer to the Medicare & Military page on this website.

That's a great question..   Qualified money is funds held in retirement accounts like a 401(k) or traditional IRA, which were contributed with pre-tax dollars and will be taxed as ordinary income upon withdrawal. The benefit is that taxes on the contributions and the account's earnings are deferred until the money is distributed in retirement. 

Un-qualified or Non-qualified money is money invested with after-tax dollars, meaning the principal is not tax-deductible upfront, but the earnings can grow tax-deferred and are only taxed when withdrawn. This is in contrast to qualified money, which is funded with pre-tax dollars and has tax-deferred growth and taxation on withdrawals. Non-qualified accounts often have higher contribution limits, fewer withdrawal restrictions, and are useful for high-income earners or those who have already maxed out qualified retirement plans. 

Absolutely!   

• This is a separate, permanent whole life insurance policy that is most often purchased for a child.
• Locked-in low premiums: Premiums are locked in at a low, lifelong rate because the child is young and healthy.
• Guaranteed insurability: A permanent policy guarantees that the child will be able to have life insurance throughout their life, even if they develop health issues later that would otherwise make them uninsurable or subject to higher rates.
• Cash value: A portion of each premium is set aside to build cash value over time. As an adult, the child can borrow from this cash value for any purpose, such as a down payment on a home or college tuition.
• Ownership transfer: The parent or guardian is the initial owner, but the policy can be transferred to the child once they become an adult.
• Simpler underwriting: Many policies do not require a medical exam for children.