Buy Life Insurance

Posted on October 14, 2011 by Renee Darata Leave a comment

50% of Americans have no life insurance, leaving no financial cushion in the event of a premature death. American families in the past used life insurance as the foundation for their financial plan, but are currently gambling that their families will not need lfe insurance.

Life insurance is one of the insurance products sold that you need to “qualify” for. After an application is received it is reviewed by an underwriter, (there are some limited life insurance policies that do not have medical underwriting, you will pay a “higher premium” because this is a higher risk to the insurance company.The underwriter then determines which tier your health qualifies for: Preferred,Standard or Sub-Standard.(insurance companies have different names for these tiers)

If you die in the first two years, the discovery period allows the insurance company to review the circumstances of your death before a claim is paid. If you suffered a heart attack, and indeed had been treated for heart disease and didn’t disclose this on the application, the insurance company can refund all premiums paid and not pay out the death benefit.

If you do not have life insurance on your life (and we are all leaving this life at one time or another), please consider the purchase of life insurance.

We buy life insurance because we love our family.

Insure your love.

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Why Buy Earthquake Insurance?

Posted on October 12, 2011 by Renee Darata Leave a comment

Many consumers feel if an earthquake were to occur in Utah, the governement would be there to assist.

Virginia is discovering, it isn’t easy to get government disaster assistance.

The earthquake occurred nearly two months ago and they are still trying to get FEMA assistance, meaning grants and loans and emergency housing assistance.

While they are waiting, I imagine buildings are sitting empty, families have had to find other shelter.

The number of natural disasters in the US this year alone has affected millions of consumers. Many were prudent and purchased proper insurance while others are waiting for FEMA to assist them.

Earthquake insurance is costly, because it will cost insurance carriers a lot of money to help consumers rebuild their lives.

If you have questions regarding earthquake insurance, please contact my office @ 801.748.0500.

Earthquake Insurance, Homeowners Insurance, Insurance Claims , , ,

Pay As You Go Auto Insurance

Posted on October 4, 2011 by Renee Darata Leave a comment

Insurance carriers are rolling out a new way of buying auto insurance in some states.

By placing a device in your vehicle which monitors your driving habits such as: how fast you drive, hard braking, mileage driven,etc, they will determine a new way of pricing auto insurance. Insurance carriers face many costs in writing auto insurance and a certain % of cost is related to administrative costs. Policy processing, billing, commissions or overhead.

The big news here is, your personal driving habits may determine your future costs of auto insurance.

This may save some money for some consumers, but I thnk it will raise the costs of auto insurance for many more.

Stay tuned

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Why Did My Insurance Premium Go Up?

Posted on September 19, 2011 by Renee Darata Leave a comment

The Texas wildfires burned over 1,400 homes recently. State Farm is the state’s largest insurer, with Farmers Insurance Group being number two.

This year alone, State Farm has paid out 410 million dollars in home claims and 115 million dollars in auto claims which is a 900% increase in auto claims over last year.

Insurance rates increase when claims increase.

Insurance Claims, Uncategorized ,

Buying Affordable Health Insurance Online without an Agent

Posted on July 14, 2011 by Renee Darata Leave a comment

In the search for health insurance, consumers are directed to many websites where they can receive a quote and apply online. My website allows consumers to apply online as well.

Is this in the best interests of consumers? After all, you must be licensed to sell health insurance because it is complicated. Most consumers will focus on price, an important issue, and then may find they didn’t get what they thought they were getting.

In 2010, with changes mandated by healthcare reform, the major carriers here in Utah changed their plans at least once. The plans have moved away from the traditional plans many consumers were familiar with. Some cover chiropractic care, some don’t cover prescriptions. This saves money which is passed onto the consumer in lower premiums.

I strongly suggest that you consult with a licensed health insurance professional before applying for affordable health insurance online.

Our office serves residents of Salt Lake county and surrounding areas.

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Are you my Fan on Facebook?

Posted on July 13, 2011 by Renee Darata Leave a comment

Please click here to be directed to my facebook page. I post more insurance tips here.

blog, Facebook Fan Page

No Personal Life Insurance Agent?

Posted on July 7, 2011 by Renee Darata Leave a comment

Studies show that 80 % of Americans do not have a life insurance agent.

With families continuing to struggle financially, life insurance is a life-saver. Most families recognize the need for life insurance but aren’t sure exactly how to shop for and purchase life insurance.

Years ago, announcements ran in the newspaper of births and marriages. Life Insurance Agents would contact families experiencing these life changes and discuss life insurance with them.

In the 21st Century, these are relics of days long ago.

The National Association of Insurance and Financial Advisors (NAIFA) lists member life insurance agents who uphold their code of ethics on their website.

I am one of the Agents who belong to NAIFA (listed under zip code 84095) and can be reached at 801.748.0500.

Family Protection, Insurance Agents, Life Insurance , , ,

No Life Insurance for Majority of US Households

Posted on July 4, 2011 by Renee Darata Leave a comment

Life Insurance was a mainstay for US families. When a couple married, one of the first things they did as a new family-unit was to purchase life insurance.

LIMRA,( an industry organization) conducts studies every 6 years on the amount of life insurance households have. They have found that only 44% of US Households now own individual life insurance. 11 million fewer househoulds tha in 2005.

Many consumers have limited life insurance through the workplace. However, with job uncertainty and the ease with which young earners change jobs, life insurance may not be a covered benefit, and there could be a gap in employment. It is critical that consumers own a life insurance policy outside of work.

11 million American households with children under the age of 18 have no life insurance coverage.

Surveys show that households with children would have trouble meeting their financial needs if the primary breadwinner were to die. In many cases there are 2 parents working and both of the incomes sustain the family.

Do consumers know how to buy life insurance?

Yes, you can purchase life insurance on the internet, but there are terms such as: accelerated death benefit rider, critical illness rider, contingent beneficiaries, waiver of premium rider, level term and whole life.

A Life Insurance Insurance Professional can explain the terms and help you to purchase the policy right for your situation.

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Top 6 Cities in the Nation with Largest Number of Stolen Vehicles

Posted on June 23, 2011 by Renee Darata Leave a comment

There are 8 cities in California and 2 In Washington state that show up in the top 10. Southern California does not make an appearance.

1. Fresno Metro
2. Modesto Metro
3. Bakersfield Metro
4. Spokane Metro
5. Vallejo Metro
6. Sacramento Metro

Comprehensive coverage covers theft and vandalism on your vehicle. Check your auto policy for this coverage and your deductible. The insurance carrier pays after the deductible.

For your South Jordan Insurance Needs: Call us @ 801.748.0500.

Serving:
84095,84088,84084,84096,84094,84065,84020,84093,84070,84123

Auto Insurance, Cheap Auto Insurance, Insurance Claims , , ,

Dying Costs Too Much-How Life Insurance Can Save The Day

Posted on June 7, 2011 by Renee Darata Leave a comment

Nobody wants to think about death. The reality is we will all leave this earth at some point. We will leave behind loved ones who will have the task of taking care of our estate and preparing a funeral.

A life insurance policy provides cash at a time when money is needed for funeral expenses, medical bills, and debts.

Do you own a life insurance policy?

Are you counting the policy you “have at work”? You’ll have to die while employed at your current job for it to pay out.

Most Americans change jobs every 3-5 years. You could be in between jobs and be without life insurance.

We can help you with affordable life insurance to protect those you leave behind.

Don’t wait.

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