Life insurance is an important component
to smart proactive and overall solid
financial planning.
Unfortunately many today believe life insurance
helps only the event death or that life
insurance is appropriate for people in
very specific stages of life, I';m one
of them.
Olga has more.
How secure is your
financial future, are you prepared if or
when life takes an unexpected turn?
Joining me today to talk about the
importance of life insurance are Casey
Watkins and Brandon Ellison from Symmetry Financial Group, good
morning to both of you.
Good morning.
Before we start talking about symmetry and life
insurance as a whole, I wanted to share
with you the statistic that I read, I was
surprised.
It says here 60 percent of
Americans believe they have enough life
insurance coverage.
Okay.
However in reality, only 20 percent have
enough life insurance to meet their needs.
20 percent.
So how can we improve these numbers
Brandon?
Well we have to have the
conversations I think that's where it
starts.
And a lot of people don';t want to.
And a lot of people don';t want to
have those conversations.
I get it.
It's difficult to talk about, it is a
lot more challenging of a conversation
to have, if you haven't had that one
early on if something does happen.
In the nature of our business we've
been in this business for 15 years now,
each and we're just very close to that,
we see the impact that it makes really on
both sides, we've seen people who
maybe procrastinated and didn't take
care of what they needed to, and the
impact that that can have in a family's
life.
We've also seen the positive side
where people have taken care of their life
insurance needs and the generational
impact that has on a family's life, is is
tremendous.
So let's talk about some misconceptions
there's a few of them that are pretty
big.
The first one is, it's too expensive.
Right.
Can't afford it, not true right?
No not at all.
You know we have access to over 80
companies with Cemetery Financial, where
there are products that can fit any
budget for sure.
Second one: too complicated, too difficult to
get.
That is certainly not the case.
No a lot of times now you don't even
have to do a physical exam.
Really?
Extremely easy.
I had to.
Right, and most people think they do
have to and I think that causes people
to procrastinate.
Maybe they think that
they have some health challenges that will
limit their ability to get it.
That's not the
case.
We we sit in front of thousands of
families every week, and we have products
for every single one of those families,
and they're very easy to apply for.
And this one's a big one Casey, the
third one it only helps if someone passes
and dies.
It's not the case that all used to be
the case where you think your purchase
life insurance in case of a death.
Right.
Well now there's so many options on on
life insurance coverage, there's critical
illness benefits, you know if there's a
cancer or heart attack or stroke that it
that there would be a benefit paid, if
there's a disability there's riders or
things you can have on your insurance
policy it will actually pay a monthly
premium or monthly payment to you if
you're sick or injured and then the big
one called return of premium where
on your term policy at the very end of
the term if you have not used your policy
the insurance company will refund
your premium back to you.
And when one gets
life insurances it makes sense to kind
of relook at it at various stages of
your life?
Absolutely things are constantly changing and that's
what we try to do is really protect
people on their journey along the way.
You know
when you purchase a home that's what a
lot of people want to purchase a life
insurance policy they've just taken on a
few hundred thousand dollars worth of
worth of debt, at the birth of a child
you know is another time when people, so
we really try to be there along the way
with them.
So what's your mission at
symmetry what sets you apart Brendon?
Well he just said it you know we want to
protect your life's journey, we want to
be there every step of the way and we we
want to give our consumers options we
want to open the conversation, you know?
Begin talking about it so that we don't
have to have difficult conversations
later but you know again the beauty of
us having so many different carriers is
that we can offer something for every
single situation and we want to just let
people know how easy it is to qualify
for life insurance nowadays.
And certainly avoid that moment of
why didn't I, right Casey?
Exactly.
Thank you so much for your time.
Where can our
viewers go for more information on
symmetry?
They can go to sfg life dot com
forward slash the balancing act and they
can get all types of information on
getting coverage for themselves but also
where there's a big need for for sales
representatives right now as well so
anyone that's looking to have either a
part-time or full-time career, they can
get a lot of information there as well.
We';re hiring nationwide right now.
Excellent I'm glad we had the conversation this morning.
Appreciate your time.
Thank you.
And if you'd like to
learn more about planning for your
financial future, you can visit us also
at thebalancingact.com.
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