Important Things To Know About Life Insurance

Important Things To Know About Life Insurance

September is Life Insurance Awareness month. Most Americans who do have life insurance, are not carrying enough, life insurance. Then, there is the rest of Americans (about 40%) who have no life insurance whatsoever.

According to research, the two most common reasons why an individual does not carry life insurance is because they have competing financial priorities, or they think they can’t afford it.

This is why every September, our agency helps spread awareness and educate our clients on the facts and importance of life insurance.

Here are some interesting and important things to know about Life Insurance:

  • The first ancient civilization to use life insurance was the Roman Empire. Burial clubs would go around and collect money from the poor to pay for their funerals.
  • Every U.S. Citizen is eligible for guaranteed issued life insurance, regardless of age, sex or medical condition.
  • Term life insurance can cost as little as the price of one cup of coffee, per week.
  • You’re never too old or too young to buy life insurance. In fact, the younger you buy, the better off you will be.
  • The goal of life insurance is to provide financial security for your family after you are gone.
  • The term of a life insurance policy can be for as long as you decide.
  • The beneficiary of a life insurance policy is the individual that relies on you for an income.
  • Men are more likely to pay more for life insurance than women due to health conditions, dangerous hobbies, and lack of seeking medical attention.
  • If you have a dependent relying on your life, you should have life insurance.
  • Young professionals are the largest buyers of life insurance.
  • The most common reason for retired individuals to buy life insurance is to pay for funeral costs.
  • Business owners have the option to name their business as a beneficiary on their life insurance policy.

Our life insurance specialists at C.H. Edwards, Inc., recommend that individuals carry eight times their annual salary in life insurance. If you do not already have life insurance or you would like to review your current life insurance policy, contact our office at
(516) 249-5200 and we will be happy to assist you.

Don’t wait another day. Make an investment in your families future by purchasing  life insurance today.

 

September is Life Insurance Awareness Month!

September is Life Insurance Awareness Month!

C.H. Edwards, Inc. recognizes September as Life Insurance Awareness Month! Of the 317 million individuals living in America, 95 million American adults remain without life insurance coverage.family_history

Life insurance is one of the most important insurance policies one can acquire. Life Insurance allows your loved ones to continue living a comfortable lifestyle after you pass. Is there anyone who depends on you financially and would be unable to continue their current lifestyle if you were to unexpectedly pass? Would your children be able to attend the college of their dreams if you were to be in a catastrophic accident? Life insurance provides individuals a level of guaranteed security.

Most Americans claim that life insurance is too expensive, and that is why they do not have it. Term life insurance policies allow individuals to obtain life insurance protection with a less expensive premium. This less expensive form of life insurance provides an individual with protection for an allotted period of time. That means you can choose to have a 10, 20 or 30 year life insurance policy so that your children can still go to their dream college if something tragic were to happen to you. In contrast, whole life insurance policies provide individuals with guarantee security for the duration of their life. These premiums are typically higher because they accumulate cash value as well.

If you do not have life insurance, there is no better time than now to get it! Where do you begin? Start by researching what type of plan would best suit the needs of your family. Our experienced agents at C.H. Edwards, Inc. are available to answer any questions you may have regarding life insurance.

Contact C.H. Edwards, Inc. for all of your insurance needs. You can rest assured knowing that your family is in the right hands as we have been providing our clients with unparalleled insurance services since 1925. Call us today at 516-249-5200 or visit our website at www.chedwards.net.

Written by: Denise Visco

Remembering and Reflecting on the events of 9/11

Remembering and Reflecting on the events of 9/11

Sept  11 flagOn this day, September 11, 2014 many of us are reflecting on the events of September 11, 2001. 13 years later we are still filled with much of the emotion felt on that very day. As we send our students off to school, we try to prepare them for what they may hear today, or the moments of silence they may be asked to observe. Many of them were too young to understand that day, but today understand how the events of that day changed the way we live our lives.

We continue to feel the loss of that day. First responders continue to deal with illness as a result of their selfless heroics that day. Their families still continue to feel the loss as many of them are losing their battle with cancer. Young families faced with continuing on without their heroes. Many more families still deal with the outcome of this sudden tragedy. Today and everyday, we continue to feel their loss and the loss of a freedom we may have taken for granted. That day changed us forever.

Today’s blog is written in collaboration with our contributor Ben Kimmel. Ben completed the seven day gratefulness challenge today. In his final post on the subject, Ben clearly expresses his personal loss on September 11, 2001 and his feelings about living in this country. Although this is a personal story, it conveys the feeling and emotion shared by so many of us.

This is my final day of my gratefulness challenge and it falls on the anniversary of a terrible time. However, to be grateful in spite of threat is a victory.

1) Though I may not stand in a large crowd; I am grateful for the colors in our Flag and what it represents in my heart. I still believe in and love my country. I will not surrender and I will always remember because united we stand, but divided we fall.

2) I am fortunate that in this life, I knew Father Mychal Judge (Casualty#0001 9/11/01.) The loving kindness he showed has never left my memory. And though he died tragically; he died as I assume he would have wanted it to be. Father Mike died while issuing a man’s last rites.

He died while delivering one of the seven sacraments; while anointing the sick, he led the way for more than 3,000 souls lost on that September morning. I knew Father Mike well. And for this, I will always be grateful.

3) Since this is my final commitment to this challenge, I will be open and admit to the truth of my emotion. As I record my post today, September 11 2014, my eyes water with tears because I am a New Yorker and I was there. I remember. I sometimes forget emotion is truly a gift.

To feel, to live; to smile or weep means that I have ability in my heart. And though there are days when I wish I could turn cold or emotionless, I continue to feel, because this is who I am. And who I am above all is something to be grateful for.

I have learned the importance of friendship and I have also learned over the years that there are no friends like old friends.
Thank you for reading this very special blog today. We hope that it will share sorrow, bring comfort and serve as a reminder that this life changing event has made each of us stronger.

Written by Denise Visco and Ben Kimmel, The Written Addiction www.thewrittenaddiction.com

 

Labor Day Morning.

Labor Day Morning.

Labor Day collage concepts

The first Labor Day was celebrated in New York City on September 5, 1882. During this time, the city was in the early stages of electricity. Most worked 12-hour days or 60 hour workweeks. Children as young as six were allowed to work in factories, whereas today, children at the age of six cannot even play on their own front lawn without adult supervision.
I wonder if society then complained as much as we do now?

I admit it . . .

I want to quit sometimes. I don’t want to work the hours I work, and I’m tired. I have too many bosses and I am sure there are times when I curse them all. There are too many chiefs at my job and not enough Indians.
I get angry like the next guy and I complain, but no matter how much I complain, the job is still there and the workload never stops.
The way I see it, we all do time.
Whether our time is served behind a desk, swinging wrenches, or entering data; we are all slaved to a job in some way, shape, ort form. Whether we chose to serve our time in just ways or criminally, everyone has to work.
Even the lazy need to work. And I understand this may sound like a contradiction of terms; however, it often takes more steps to be lazy than it would to follow through and finish the task at hand.

I noticed a man at work pace in front of a cold water valve that needed to be changed in an empty tenant’s space. The space in question was the entire 11thfloor inside a commercial office building.
The valve had not been touched since 1926. Until this time, the piping and the valve had been encapsulated in terracotta, plaster, and cement behind one of the building’s water columns. This meant the column needed to be opened, the debris needed to be cleared, the valve removed, and to do this, the pipe would need to be cut.
First, the line needed to be secured by shutting the main supply valve at the top of its source. Next, the pipe needed to be drained, then cut, and then the remaining pipe needed to be threaded in place to fit a new fitting. In all, the steps to this job sound more troublesome than the job itself. But rather than follow through, I watched the man pace back and forth.
He devised a plan. He walked away from the job to fetch more tools. He came back, but he walked away again to fetch something else. Upon his return, the man was carrying more tools than needed. His boss stood at the water column with arms folded, red-faced, and angry.

He asked, “What the hell is taking you so long?”
“I had to get materials,” the man answered.
But his boss argued, “That’s bullshit! You’re just trying to waste time.”

So to oblige the man’s laziness after a brief argument, the pipe job was passed to someone else. As for the man, he was sent to a different job in the building. He was sent to paint inside a hot machine room next to the steam pipes for the remainder of the day.
And me, I was instructed to open the column and replace the valve, which took no more than an hour of my time. After completing the job, I went to gather the materials and clean up, but I was told, “Stop.”

“Someone else is going to do that,” said the boss.
Moments later, the other worker returned with sweat beading down his face. There was paint on his uniform and black soot on his forehead. As he collected the materials and cleaned the work space, I heard him mumble to himself, “It would have been easier if I just did the job myself.”
And I suppose he was right.

I used to spend a lot of time trying to figure an, “Easier, softer,” way.
Rather than put effort, I wasted years trying to come up with new plans to beat the system. Meanwhile, life gained momentum. Life continued and I fell behind. It would have been easier if I just served my time and did what I was supposed to do in the first place . . . but I was too busy being lazy.

The way I view my time and maintain my thoughts dictate whether I will succeed or fail. This also determines whether I will be miserable or happy. Whatever I decide to do for my living, either way, I’ll still have to serve time. I still have to work and I still have bills to pay.
Fortunately, our workweek is shorter than they were in 1882. And thankfully our pay has increased too.

God knows, I’m struggling to figure out how to pay my bills as it is.
Imagine what that would be like on $13.00 a week?
(That’s what my job would have paid in 1882)

Enjoy your Labor Day, folks

By Ben Kimmel, The Written Addiction