YOUR INSURANCE CONNECTION

Wesley Knight 0:00
This is a KU NV studios original program. The following is a paid program sponsored by your insurance connection. The content of this program does not reflect the views or opinions of 91.5 jazz and more the University of Nevada, Las Vegas, or the Board of Regents of the Nevada System of Higher Education. Dave

Donald Marquez 0:25
Good morning. This is your insurance connection. I'm your host. Donald Marquez, on your insurance connection, we talk about saving money on auto insurance, homeowner's insurance, yes, and we talk about life insurance. Welcome to the show you. Good

Donald Marquez 0:45
morning. My name is Don Marquez. Welcome to another edition of your insurance connection, broadcasting right here at KU NV, 91.5 jazz and more. I am an insurance broker right here in Southern Nevada. License in Nevada to offer homeowners, auto renters, boat, motorcycle insurance, and, of course, life insurance. My office location is right on the corner Sahara Rancho in a US bank center lake located on the eighth floor. I work by appointment. My business hours are Monday through Friday, from 10am to 5pm and I'm available to discuss your coverages on your auto insurance, homeowner's insurance, life insurance. Gotta have life insurance. All everyone needs life insurance. It's it's a must, boat, motorcycle insurance. Now, as a broker, I'm licensed and for life insurance in the state of Nevada, California, Texas, Louisiana, and I'm proud to say we just added Michigan, if you have, if you have relatives in Michigan, or any of those previous states that I mentioned, and they need life insurance, or if you listen to King UNV 91.5, jazz and more, and you need life insurance, or other products I just mentioned, I can be available at 70223626247022362624

Donald Marquez 2:09
now, if I'm not licensed in a state like Denver, okay, and you need insurance in Denver, that's no problem. I can get at what we call a non residence appointment and write a policy for you, regardless what state you in within the United States, the only two states I can't write life insurance. Well, I can't write life insurance in the state of New York. It has its own thing in New York, you know, New York is like a whole nother country. It really is. But I'm available to write insurance any state you're in. Again, my contact phone number is 702-236-2620, 02236, 2624, 702-236-2624. Let's talk about final expense that's what I want to get cut right into today, because always getting quick questions. You know, I need a final expense policy. I want to be able to afford it. The thing is this, with me, when you contact me for your insurance needs. Now let's say if you have never received a death benefit before, and most of you listening to this program probably never received a death benefit. What is that? Well, when a loved one passes, they have a primary beneficiary and a primary beneficiary, sometimes or at 100% maybe they're multiple beneficiaries, and it's divided as long as it equalize 100% adds up to be 100% it could be two beneficiaries at 50% each, or it could be a person at 7525 it just depends on how the insured set it up. Now when the insured passes, that's when you take the life insurance policy, regardless if it's a final expense term universal life, with the exception of accidental only, if the person died of natural causes, okay, if they pass some natural causes, then you know an accidental death insurance is really useless. If you spend the money. You spent the money for many years paying for accidental only, and now you pass of natural causes, your family is going to be devastated to find out that you've been paying on this policy for many, many years, and it's accidental only is not going to pay for natural causes. I can't stress that enough. It happens every day at these at these mortuaries, people come in, all right, my dad died. Here's his life insurance policy. It's worth a lot of money, and they just like, Okay. And the people at the funeral home, they look at it and say, Hey, this is accidental only. This policy will not pay because your dad died of natural causes. Keep that in mind. However, when you have a term policy, Universal Life or a final expense, life insurance policy that will take care of all those financial needs, it should take care of most of the financial needs if there's enough on it. Now, sometimes people do borrow money against their life insurance policy if. You have one of these small policies out there for $10,000 and it has Bill cash value over time, right? And you borrowed money against that policy. Keep in mind, every seven and you're not paying that loan back every seven years, eight years, that loan amount doubles, for an example, many, many times I've seen this with throughout my 30 year career. Often, life is offering life insurance to my clients, and what I find is they, they they love one. The insured individual saw the cash value build up in a final expense life insurance policy, and they took money out. Now they didn't have to pay it. That was their choice, but it does create interest over time, annual interest anywhere from eight to 9% it could be anywhere from seven and eight 9% it just depends on the policy contract, and that's accumulating interest every single year that loan is not paid back. Now there's not a specific amount of money you have to pay back, as long as you pay something back to to prevent that interest from accumulating over time when you borrow money against, regardless of your life insurance, when you borrow money, and like the larger policies, can take a little bit better I say hit, I should say so if you have a larger life insurance face amount policy, and maybe a couple 100,000 $200,000 face amount, and you borrow against your policy. Well, that gives you a little bit more wiggle room, you know, so you could borrow the money not pay it back. But keep in mind, when that death benefit is paid, it's paid out minus your loans, minus the interest that you've accumulated over time, and that's going to be the death benefit when you go to the funeral, when you go to the mortuaries, that's going to be the death benefit they work with. But like I said earlier, if you have a smaller policy like $10,000 and now you borrowed $1,000 against that policy, that interest rate can accumulate over time, where it reduces the face amount, and it doesn't give your family members a lot of money to work with to take care of your final expenses. Final expenses. What is final expenses? Well, if you're listening to my show, this is your very first time. Welcome. I broadcast right here at KU nv 91.5 jazz and more every Sunday morning, from 8am to 830, licensed insurance agent. I started back in 1996 with Allstate Insurance Company. I stayed there for seven years with my own agency. I went to triple A insurance company, and stayed there long enough to retire and 2015 I decided to be an insurance broker. And what is an insurance broker. I do not charge a fee to for my services. If you, in fact, buy a life insurance policy, and most of you do, they come to see me. I get paid a commission. That's how it works, simple as that. Now, is there any difference with or without an agent? Yes, it is. It's a total difference, because when you're looking at a final expense life insurance policy. Now final expense, what the benefit is with final expense, there's no physical, right? There's no physical up to $50,000 of coverage, no physical. Now that applies to people that's 40 up to 80 years, 85 years young. Again, the final expense policy for $50,000

Donald Marquez 8:19
or for individuals, 40 years young, up to 85 years young. Now, if you have history of diabetes, cancer, lupus, multiple sclerosis, if you're on dialysis, I can get a life insurance policy for you. Now I do have an additional, finally, expense. Life insurance policy is from day one up to 85 years young. Now that policy will offer insurance at you know, again, if a person still have those underlying health conditions, you know diabetes, whether you're on insulin or whether you own Metformin, and a lot, a lot of you are on Metformin, which I'm starting to realize you got to stay away from the sweets. Let's drink more water. Take care of your body. Your body talks to you, and it says, Oh, we want some more sugar. So you go get donuts, or, you know, put a lot of sugar in your coffee. You know, sugar is as as we age and we come out, we come to find out sugar is not as friendly to our bodies. Is it good as it taste it tastes good, and it's sweeten things up, but it's on the long run, it's no good for you. If you consume too much of it, you have to do things in moderation. A filing expense, life insurance policy, again, you don't take a physical. And in most cases, I would say nine out of 10 policies. Coverage is immediate. Day one coverage. Day one coverage gives your family the peace of mind. Give you the peace of mind that you need. It really does. Now, if you're getting up in the age and you're in your 70s without life insurance, what are you waiting on? What are you waiting on? The rates are based on the medications you'll take. This is how we qualify you for the final expense life insurance policy, the current. What medications you're on, whether you take them or not. And I've had this conversation before with clients. Well, you know, I fill a prescription every month, but I don't take the medication. Well, it's you when you can fill a prescription, and we do a prescription, bad, drunk background check, this is how we qualify you for the life insurance policy without a physical. The Life Insurance Company underwrites. They can look at your current pharmaceutical medication that you're currently on. And this is how we qualify you for the life insurance policy. There's and there's no physical, there's absolutely no physical, and you get qualified day one. Now whether you take the medication or not, you're still gonna be ready taking that medication, regardless of what the medication is for. Just keep that in mind again, because I've had people call me. They say, Well, you know, I don't, I don't take the medication, but you do get a refilled, and that's all, and that's what the underwriters look at. You are getting the medication refilled. Now, if you stop smoking, if you can stop smoking for 12 months, and you do have a current life insurance policy, you can get real, re evaluated. You call your insurance, your life insurance company, up and say, You know what, I stopped smoking. It's been 12 months. No Tobacco at all. No hookah. That's tobacco, none of that. No hookah, no cigars, no cigarettes. You know you've been tobacco free for 12 months, you could get your life insurance policy re evaluated. They probably will take a saliva test to see if you have any nicotine in your system, and if you don't, then you could your your rate could be readjusted as a non smokers rate now on a filing expense life insurance policy, I do have a company that will rate you for the first 36 months as a non smoker. If you smoke, it allows you in an opportunity to get insurance at a non smoker's rate for the first 36 months. Now we do we do it that way because we hope you will stop smoking for 12 consistent months. Now let's say you go into your first year and you're still smoking. Now you're into your second year, you should stop smoking and let us know after 12 months, we'll give you a saliva test to make sure you're not smoking and you can continue to have the non smokers rate. Now, not all insurance companies offer that. That's why I'm a licensed insurance broker. I seek out companies that will benefit my clientele. I'm on the radio. It's a lot of liability being on the radio. I assume that a liability. I do because I want to make sure that my clients are getting getting the proper coverage. They need, a coverage that does fit in their budget. And I may ask you in our conversation, what is your budget? What are you looking for? It's not a I'm not a mind reader. I missed that class going here to UNLV, and they don't even offer that class. But I'm just saying, sometimes people think I, you know, I have all the answers I want to I'm gonna ask you, what are you looking for? What's your budget? Now, with your budget, knowing what your budget is, the rates are based on you, your health, your medications, it allows me to search for a policy you can afford. That's as simple as that. There's no I mean, I make it plain clear, what is your budget? Can you afford $300 a month? And you say, no, okay, well, just tell me what your budget is, and we go from there walking something under $100 a month. Well, let's work with that. That makes it easier for me, easy for you. My name is Don Marquez. This is your insurance connection. Broadcasting, right here at KU nv 91.5 jazz and more. Sunday morning, from 8am to 830 I'm a licensed insurance agent for the last 30 some years. Whoo, where does the time go? 70223626247022362624

Donald Marquez 13:59
located Sahara Rancho in the US Bank Center, located on the eighth floor. I work by appointment again, 702-236-2624, my business hours are Monday through Friday, from 10am to 5pm now I do a lot of business over the phone, so if you don't want to come to the office, that's fine. I can write you a life insurance policy over the phone. And if you're in the states of California, Mississippi, not Mississippi, Louisiana, Texas and Michigan, I can write you a life insurance policy again, those states are Nevada, California, Texas, Louisiana, and I just recently added Michigan, and if you're in those states, I can offer your life insurance policy now, if you the other 48 now, there's 48 states I am licensed for auto insurance and homeowners insurance. With exception of California, I can only offer life insurance in California and I don't write auto insurance homeowners insurance in the state of New York. Park. Now New York, again, is just has its own insurance. But if you listen to KU NV and you're out of state, I can write you a auto insurance, homeowner's insurance. Let's compare rates. Now, when people come to Vegas, they think the insurance rates are lower here for auto insurance. Well, not really. It just depends on where you came from. Now it could be, we could have lower rates, but in my 30 years, it seemed like the rates here is just a little bit more inflated than other places. We pay some of the highest car insurance rates in the country, right here at Southern Nevada. Now, why is that? It's a lot of moving parts with that. I don't want to really get into it, but the insurance companies, they're not that far apart. So wherever you coming from? Are you coming from somewhere in the Midwest, and you coming to Vegas to live because your job is transferred, or you just want to stop digging yourself out the snow? Okay, I know what that's like. I was stationed in Marquette, Michigan in the Air Force, and I've never seen that much snow in my life. I'm a native of Las Vegas, Nevada, you know, born, born and raised here. You know, we saw snow growing up. You go to Mount Charleston, hang out in the snow, have fun. But we would come off the mountain and come back home and there was no snow. It was nice and sunny like it is today, right? Like it is today. So, but I understand if you want to stop shoveling yourself out to snow, you may, you know, may experience a little you know, car insurance rates are a little higher here in most cases, but I try my best to find an auto insurance policy for you that will fit In your budget. 702-236-2624 My name is Don Marquez, a, 702-236-2624, I'm licensed insurance agent. I love what I do now, if you want to check me out, you can contact the Division of Insurance and hey, I just want to check on Don Marquez, no complaints. In 30 years, that's saying a lot. You know, I don't offer. I don't take any money across my desk when you come to see me and you purchase a policy, regardless of the product, you pay, the insurance companies direct, I take no money across my desk, no checks across my desk. You can't call me. I'm say. Dave Marquez, I want to meet you in the office because I want to pay cash for my auto insurance. We don't accept that now for your life insurance. I said you set you up with the company so you can directly have the money pulled out of your account. You select a due date on your life insurance policy from the first to the 28th of each month. From the first to the 28th of each month, a lot of people like to pick the first and the 15th for whatever reason, it's a monthly draft directly out of your checking account. We don't want debit cards credit cards, because those either get lost or stolen or sometimes, you know, they do renew. They do renew. Every so often, the life insurance company using a debit card to pull a debit card. Now, let's say your debit card has expired, and now then the life insurance companies don't know your debit card expired. They don't keep up with that. Now, that would create a lapse of coverage in your life insurance policy. That's why we preferred the checking account routing account information, because that stays consistent. And I have do I have companies will accept the savings account as well, with the routing number and the account number. Now file expense life insurance, it is a policy up to $50,000 right up to $50,000 you can also add a child rider on the policy if they're 17 years or younger. By adding a child rider on the on the life insurance policy, it gives them immediate coverage. Your children 17 years or younger, it gives them immediate coverage. Now it would be a writer option on your current life insurance policy, regardless if that child is a child or a grandchild. You know, we can add that child on as a writer on your life insurance policy or your beneficiaries if you don't have a beneficiary because you lost your beneficiary over time. Now it's time to contact your life insurance company and let them know your beneficiary passed and you need a change of beneficiary form. Just don't assume the life insurance companies know what you want. Or if you talk to your family members, have a conversation with your family members, tell them this is where my policy is located in the house, this is where it's located. And you know, family members should have been able to appreciate that, because they're not tearing your house up trying to find a life insurance policy. I know my family members had life insurance. I don't know what a policy is. I've heard stories where people just go in the house and literally just tear the house apart looking for the life insurance policy. And if you have all your valuable information in the safe let someone know the combination. Let someone know the combination. You know. So when you take out a life insurance policy, it's going. Be a few health questions, you know, are you on diabetes? Any cancer in the past two years, disease of the heart, including COPD, emphysema, disease of liver or kidney. I mean, just simple questions I ask, drug, Apple, drug or alcohol abuse, complication of diabetes, you know, including amputation. These are the simple questions I ask. And do you have AIDS or HIV? Simple questions. I go through the questions really quick. This only takes about 30 minutes of your time, and we get an instant answer that time when we sit down and have an interview together and we moving forward with the life insurance. These are yes or no questions. Very simple, very easy. It gives your family members the peace of mind that they will need when that day comes. And believe me, it comes from, from. It comes from all of us again. No health examination to apply, just a few health questions. The application is simple, quick and easy. Whether you're in front of me or on the phone is the same. It's an application that's easy to apply. Most people qualify, even with health issues, and you're insured. Day one. In most cases, I would say again, nine out of 10 people come in to see me, they're covered day one. Rates and benefits. This is a big one. Rates and benefits are locked in for the life of the policy.

Donald Marquez 21:24
Rates and benefits are locked in for the life of the policy. Now, if you want to add accidental to your policy, I have accidental coverages, but it's only going to offer you. I'm only going to offer you accidental additional accidental coverage attached to a policy that will pay for filing expense. I will never, ever, ever offer a policy accidental only. No, it has to be attached to a regular policy. You know, that's the only way I would offer it. Now that accidental policies that I'll have, they do cover car accidents. And a lot of people, I understand, they, well, you know, if I'm in a car accident, you know, I have coverage. Well, the car has its own coverages. It comes with the with the policy. So, but, and most life insurance policies, I should say this, they, you know, accidents are included. So, you know, you Dave, and you have my body for the last 20 years, and now you Dave an accident, that's you already covered. You're covered. You're covered. Now people have asked me, What is a two year wait period? Now some of you may don't qualify for day one insurance. You're not being denied, but you are given the opportunity to have a two year trial basis. That's That's for the insurance company's benefit and your benefit too, as well. Because in the past, a lot of you would get turned down for life insurance because there's, you know, they didn't offer the two year wait period. Now, with the two year wait period, the beneficiary doesn't lose the money. If you pass. Within that first 24 months, the beneficiary receives all the money back, plus 10% interest, all the money you paid into it. If you pass, let's say the 18th month and you didn't make it two years, the beneficiary receives all the money back, plus an additional 10% interest. Now let's say you live 24 months and a day upon when you do pass, the beneficiary has received a full face amount. My name is Don Marquez, it's better. Something is better than nothing. Underlying health conditions, you know, just depends on what the underlying health conditions. Don't think you don't qualify for the insurance. Don't. Oh, you know, I have diabetes. I can't. I've been turned down before. I don't, you know, I just got tired of shopping because you talk to the wrong person, or you, maybe you went online, you went online looking for life insurance, and you got denied. Or maybe you go into some of these companies, well known companies, and they're extremely conservative when it comes to issuing life insurance. As a broker, I'm able to seek out companies that will offer these coverages, which are underlying health conditions. This is one of the reason, one of the main reasons, I wanted to be a broker, because I got tired of getting turned down when I worked for AAA and also Allstate, my clients would turn down for for life insurance consistently. Or, you know why I get turned down for life insurance? Well, you have diabetes. Well, I've been with AAA for a very, very long time. Well, I've been with Allstate a long time. Why would they deny me? I said, well, because you have underlying health conditions. And I got tired of that after, after many, many years, turning my customers over to a broker, I would get on the phone call a broker. Broker said, no problem. They have diabetes. I can insure them up to $50,000 without a physical. Yes, without a physical, I can do it in 30 minutes. Well, you know, that was, that was business walking out the front door. And I love being an independent insurance agent. I really love it. I mean, because now I have the flexibility with multiple insurance companies under my belt that have access to 60 life insurance companies, yeah. And when you. Time to see me, you know, and you're sitting across the desk, I'll show you what companies, when I put your information in, there are gonna be multiple companies coming up, especially if we were writing a universal life or term insurance, then it's all the companies will light up. You can see them, Prudential, mutual, Omaha, you know, just the list, Lincoln, you know, America. I mean, it's just the list just goes on and on. Pacific Life, the list just goes on and on and on. I'll put your name, your date of birth, in the computer, and then the rate pops up depending on your condition. Now, don't just go on the internet trying to buy insurance. You know, the companies do make it easy. They really do. But keep in mind, you're going to receive phone calls for the next three months. Oh, you want life insurance. You want life insurance. What happens is, when you go online, you give all your personal information, you give all your personal information, and they call you, and they're consistently calling you, because some of these companies, they get a lead. They sell the leads to the insurance agents and multiple insurance they'll sell your lead to like 20 insurance agents, that same one lead that you call in to inquire about insurance. All of a sudden now these lead companies, they they get, gather your information in a computer. They call it and and the agent, the life insurance agent, or even auto insurance agent buy leads to and they call you now that one lead may go out to 20 people. Now, sometimes insurance agents get what we call exclusive leads, you know, and that one lead only goes to that one agent. That's very rare. That's very rare. I don't share your information with anyone. I don't share your information with anyone, only you me and the life insurance company or the auto insurance company gets your information. My name is Don Marquez. I'm a licensed insurance agent. I would love to sit down have a conversation with you. 702-236-2624 702-236-2624 my location Sahara Rancho in the US Bank Center, located on the eighth floor. I work by appointment, 702-236-2624, my business hours are Monday through Friday, from 10am to 5pm you know, we gonna do this again next week. I enjoyed coming on KU and V and 91.5 jazz and more and I thank the listeners that contacted me and purchased home, auto and Yes, life insurance. Thank you for your continued support. We'll do this again next week, until then, and just keep it crisping you.

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