Archive for September, 2009

Preserve the Wonders of Life Video

Thursday, September 10th, 2009

Guardian/Berkshire announced it will allow policyholders to exercise their disability insurance future increase options by end of 2009 regardless of policy anniversary.

Thursday, September 10th, 2009

Guardian/Berkshire announced they will now allow all policyholders to exercise their future increase option rider by December 31, 2009 regardless of policy anniversary or if an increase has already been exercised this year–all with no medical underwriting!

Additionally, Guardian has increased their income and participation limits. Therefore, you may be eligible for more benefit based on your current income. (more…)

Posted in Announcements | No Comments »

Real Life Client Story, Ripped From the Headlines, by Jamie K. Fleischner, President, Set for Life

Saturday, September 5th, 2009

By Jamie Kantor Fleischner, CLU, ChFC, LUTCF
President, Set for Life Insurance, by KF Financial, Inc.

In August of 2008, I received a phone call from a client’s family member. I thought she was calling to confirm we received that the premium check was received. That was not why she was calling. My client, Dr. Jason, had just been involved in a terrible car accident. He was in intensive care with severe burns on his right side of his body.

(more…)

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Life Insurance Rates About To Rise

Saturday, September 5th, 2009

After nearly two decades of falling prices, term life-insurance premiums are heading up.

Many insurers started raising prices on term policies by 5% to 15% earlier this year, particularly for specific terms and policy amounts. They cite higher capital and reinsurance costs linked to tighter credit markets, which are making it costlier to maintain needed cash reserves, combined with lower investment returns. (more…)

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Disability Insurance Discounts Available to Physicians and Medical Residents of Children’s Hospital of Denver

Thursday, September 3rd, 2009

Set for Life Insurance has discounts available for employees of Children’s Hospital of Denver.

When shopping for disability insurance, it is important to look at all of your options available. In addition for looking for the right coverage for your needs, it is important to see if you have discounts available to you. This can save you a significant amount of premium over the course of your career.

Rates are based on several factors including age, gender and occupational class . Female rates tend to be approximately 40% more expensive than male rates. Therefore, if women are able to obtain unisex discounts, they will save significantly. Men will also receive a discount, but the change won’t be as dramatic as their rates start out at a lower premium than their women counterparts.

Sample Rates for Medical Residents/Fellows.

$1000/month benefit: Premium $23/month

$5000/month benefit: Premium $115/month

$7500/month benefit: Premium $172/month

•· Example for a 30 year old non smoker, female, non-surgical specialty.

•· Rates are guaranteed to age 65.

•· Covers you in your medical specialty.

•· Increase options up to $15,000/month in the future without further medical underwriting.

•· Discounts remain on the policy throughout your career, even if you change employers in the future.

•· AM Best A+ Rated company.

•· Includes a 3% Cost of Living and Partial, Residual Disability Rider.

•· Non cancelable, Guaranteed Renewable.

•· Policy subject to Medical Underwriting, Rates may vary based on gender, age, health and medical specialty.

•· Applicants must apply for a policy while still employed at the discounted employer.

If your current employer or residency program does not currently have discounts available, contact Set for Life and we can help implement a discount program for you and your colleagues.