YOUR INSURANCE CONNECTION

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This is a key when the studio's 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.

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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 homeowners insurance. Yes and we talk about life insurance. Welcome to the show

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Good morning. My name is Donnell Marquez, this is your insurance connection is good to be back. I was out sick a little bit. I had severe he had cold and had a few pre recordings last few Sundays. Because I was just out I was just really ill. And if you are feeling symptoms of a head cold or a cold data, I know a lot of you don't go like to go to the doctors. I get that. But this is very serious. I had to take a lot of medicine, course cough syrup and a lot of rest. And but I'm back in the studio now and I feel great. was behind me now the doctor told me it's a reoccurrence when people get his head cold and his chest cold. I was checked out for the flu negative and also for the COVID negative. But this this is something that's going on right now it's lingering, and then also collapse your lungs where it makes you extremely tired. So if you fill in these symptoms, you know don't hesitate go to see your doctor. If you're paying for health insurance is why you pay for health insurance. It's an insurance that does the benefit. Might as well take advantage of it. You're paying for it. My name is Don Marquez, this is your insurance connection broadcasting right here, k u and v 91.5. Jazz Enmore Sunday morning from 8am to 830. Welcome to the show, I talk about insurance. I'm a licensed insurance broker right here in beautiful city, Las Vegas, Nevada and I and I have listeners all over the country called me and commenting on the show. Thank you for your continued support the people that came in and purchased home auto Yes, and life insurance went to the DMV just recently. If you have to get the the real ID, we have until May 7 2025. To get your REAL ID. Now the real ID is a star on your ID or your driver's license to give you access and to airports and also federal buildings. Now we have a year to go may 7 2025. To get this done. But don't wait. Now if you do have to go to the department of motor vehicle for whatever reason, maybe to renew your driver's license, you want to get it all done at the same time. Now when you go to the DMV for the REAL ID, you're going to need proof of residence, you're going to need documents showing that your residence maybe a bill power bill, water bill, gas bill, cable bill, you know so you need two bills. Along with your ID. I don't know why they need all this but they do. Now if your name last name is changed for through marriage or whatever reason has changed. You need to show documentation of proof of name change your bring your social security card. And definitely proof of Nevada residential address. These This is important because it shows a Real ID it puts a star on your driver's license. So if your driver's license is coming up for renewal, this is an Abbe TASIS time to get it all done. Just news you can use for more information definitely go on the DMV website. And they'll give you more information about the real ID the cost of it and just to get it done. Especially if you love to travel. They're gonna wants to just real ID by May 7 2025 on the star on your driver's license by May 7 2025. Not to my understanding. If you have an updated passport, without the REAL ID that'll work just as well. Long as your passport is updated news you can use right here at Katie with the 91.5 this is Donald Marquez, your insurance broker broadcasting every Sunday. It's gonna be a beautiful day to day. Love this weather. I love the time change. Let's leave the time alone. I love this time Jay. I like getting up in the morning and the sun is bright. I like in the evening when it's seven o'clock 730 In the evening, and it's still sunshine outside. Alright, anyone that has anything to do with The time changed in the state of Nevada. Let's leave the time alone. What's the point of change in time? You know, I mean, I love it. It's seven o'clock sun is still out. Love it can't Can't argue with that conversation I had with a young lady right before I started this broadcast. She unfortunately, she lost her grandfather. And I told them to talk about it on my show hope she don't mind I'm not using any names. But she quickly found out at the funeral home that a grandfather for many years were paying on a accidental life insurance policy. Now, you know, in previous shows, we've talked about this very issue. And when she called me she needed clarity. Now I did not offer her this policy or sell it her grandfather this policy because I don't believe in accidental only life insurance. Because the accidental only life insurance policy does not pay for natural causes. When you pass away of a heart attack stroke, or natural causes Oh age or whatever reason you pass away. It is not an accident. The Accidental only life insurance policy will not pay your beneficiary. I can't I can't emphasize that enough to people because you got to receive this information in the mail. From well known resources, your credit unions, your banks, your your if your roadside service, your membership to roadside service, they offer travel accidental memberships, or at travel, accidental life insurance, do not get fooled by this, this is not real life insurance. And you're paying a premium every single month out of your account that the policy will never pay. And the reason I have to say it like that, because I've been an agent for 25 years. And I've been on his own and life experience for a lot longer than that than that. And I've never known anyone, anyone to receive benefits from an accidental only life insurance. There are other options, there's term, there's a whole life policy that will pay. And there's also universal life insurance. That's what I offer policies that will pay including Accidental Death and Dismemberment within the life insurance policy, or life insurance policy that will pay for natural causes by passing because we never know. It's always unexpected. No one ever expects it. No one ever expects when we lose a loved one. And the first thing we want to know, do they have a life insurance policy. And when you go to the funeral home isn't experience walking that front door. And you present an accidental life only life insurance policy. And they tell you this policy is not valid because your loved one passed away of natural causes. Don't let this happen to you. If you have an accidental only life insurance, we need to have a conversation about getting real life insurance that will protect you when that time comes. And it comes for all of us. Don't put your family in financial stress. You know, give them time to remember your legacy. You know, give them time to grieve, give them time, to to to to rejoice, the afterlife that you've moved on to the afterlife. But when you don't give them the opportunity to celebrate your your transition, because they have to go on financial mode, they have to find resources to pay for this very expensive funeral with the average cost of the funeral today, between 12 and $20,000. Let me say that again. The average funeral cost today is between 12 and $20,000. And why is that because when you go to the funeral home, that service is separate from the cemetery. Now if you're a veteran, and I am a veteran and the veterans out there that listening to this program, thank you for your services. Thank you for your service. I know what's been going through basic training was like

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I know what tech school was like, I know what's taking orders was like I know was being being being in the military was like for many years. I know that whole you know that lifestyle. And I want to thank you for your service. And when people say that there's never been in the military, they don't know when we go through. Because everybody's your bosses have more rank than you, right. But I truly mean that's at the bottom of my heart. I'm a veteran. I was an Air Force. I was an Air Force. And I truly enjoyed myself in the military. Had a wonderful time. But now I'm a civilian. In my military veterans out there, you can get applied to Boulder City Cemetery, and I want you to be around for a very long time, but I'm just giving you this information to help you save money. This is my show all about passing on generational wealth, versus passing on generational debt. Too many times. We're passing on generational debt Every single day, because our loved ones don't want to discuss, where's the life insurance policy, our loved ones don't want to discuss who is the beneficiary for whatever reason, you know, you can give you a beneficiary the life insurance policy. You can, because there's nothing they could do with it. They can't change the checking account, they can't take money off the policy, if there's money on the policy, they're the beneficiary, they can't do anything. They can only act when that day comes for you. So is is there a peace of mind knowing that I'm passing this on this, this money on to you. So when that day comes for me, you don't have to be financially stressed out about it financially stressed out apana for $20,000 funeral, on top of the bills you already have. Now, if you have the money in the bank, that's one thing but most people don't. Most people don't if you're not really good with saving money. A life insurance policy is you buy it, you buy in money at a low cost. If you have $100,000 life insurance policy, and you pay in less than $100 a month traveled to the banks, I want to borrow $100,000, and I want to pay the less than $100 a month I laugh you ran out of the bank, you're buying money, you're buying money and in most cases, you will put a lot less into the policy than the face amount of the policy. My name is Don Marquez For more information, my contact phone number is 702-236-2624 702-236-2624 Life insurance, we all need it. I offer auto insurance, homeowners boat motorcycle insurance, you know right now is people get out on the motorcycles because it's riding season right now. Also, people are getting ready to get on the boats pretty soon. You know, if you want to compare rates 702-236-2624, I'm a licensed insurance broker, I do the shopping for you, I do not charge a fee. When you come in to see me. I like that I do not charge a fee. When you come in to see me if you purchase a policy, regardless of type of the policy, the insurance companies pay me a reimbursement in a way of a commission. Now some people ask, is it does a policy cause more because we use an agent? No, it does not. It's the same rate with or without an agent. But without an insurance agent. You have no representation, no one to pick up the call and pick up the phone and say, you know, I have a problem. I just got into a car accident. What should I do? Or you know what? My teenage daughter or son is thinking about getting a driver's license? They're 1618 years old, whatever they are? Should they get a driver's license now oh, wait, just get an ID card questions like this, I need to file a claim. What should I do? If the claim is lower than than your deductible, you shouldn't file a claim. These are reasons why the insurance companies have insurance agents we are representing you. And also the insurance company we are in a fiduciary position of trust, a fiduciary position of trust and I've been doing this for a very long time in his fiduciary position of trust. for over 25 years I can help you I've helped many people. No, take it easy step by step. Simple conversation. I don't get too technical too high tech. And I'll talk about all these, you know, questions where you know people have questions and all of a sudden, you know, I've heard insurance agents take it to a whole nother level. But people are more confused by him or her answering those simple question and getting a simple answer. I keep it very simplistic. Read my conversation and keep it right and you know, I'm an old fashioned insurance agent I like to meet face to face in my office. My office is located on the corner of Rancho Sahara in the US Bank Center. Located on the eighth floor I work by appointment. My business hours are Monday through Friday 10am to 5pm 702 to three 626 24 right around the corner Rancho Sahara right across the street from the palace station Hotel Casino tall brown bill with US Bank at the top on the eighth floor. Again 702-236-2624 My name is Don Marquez and I would love to meet you and I want to thank the people that came in and purchase home auto life insurance. But I was caught talking about earlier in the conversation where people purchase these accidental only life insurance policies. And you know it gives them a little I guess peace of mind thinking that well. You know I'm in my mid 70s I got something better than nothing but you We have nothing. And if you're listening to this program, you know what I'm talking about you received in the mail. You know what all these offers 50,000 all the way to life insurance and you pay them in less than $10 a month. Come on. Now, you know, you know that doesn't sound right. And because you've been quoted different prices, and nothing makes sense. But this makes sense, because it's hardly no money. But I have something. But I don't think you're thinking clearly when you read accidental only, it does not cover you for natural causes. If you have a heart attack, or you pass away diabetes, you have a stroke, you have a seizure, or you just pass away from you know, from aging, it does not pay for accidental only policy, a whole life benefit will pay your beneficiary within 24 hours. You know, most people qualify even with underlying health issues, rates and benefits are locked in for the life of the policy. You know, if you need and you know, I can offer you along with your whole life policy, an accidental benefit enhancement, add your accidental benefit enhancement in it also cover car accidents, and also when you travel, it covers when you travel. These are the type of accidental enhancements to a life insurance policy now only will pay for natural causes. But it also will pay for an accidental death. Now, if there's an accidental death, you use this double intimidating were you paying for the accidental portion and also the final expense portion. My name is Don Marquez, this is News You Can Use. It's about time let's stop. Let's stop procrastinating is 2024 Now it's time to you know take advantage of this radio talk show you listen to every week, I'm gonna bring in my life insurance policies number bringing my auto insurance. And you I don't charge for the evaluations, no charge for an A review of all your insurances. Home auto life renters if you're a renter, and if you are a renter, you should have renter's insurance. And if you're a homeowner, check with your insurance company because some of these insurance companies will not allow you to have a pitbull, a covered under their policy or a Rottweiler. So you know, sometimes you have to look at the policy fine print, just don't say, you know, okay, I'm paying this much money for, for my insurance, and just don't read the fine print. And this is what happens when people buy accidental only life insurance. Now, if you do have a current life insurance policy, and let's say you know, because things are getting a little expensive, don't terminate the policy, which you can do is reduce the face amount. If you need to, you can reduce the face amount to fit in your budget, why cancel a policy out? You went through the process of getting a life insurance policy? First thing comes up, oh, I'm gonna get rid of my life insurance. Why would you do that? You know, there's other things you could do other than get rid of life insurance. Trust me. You know, there's other investments, you don't want to get rid of your savings account. That's what you're doing you so you know, I have this life insurance. I don't need a yes. You your loved ones needed. Yes, they do. They need it for you when that day comes. Because without it, now they have to come over with all this money. You know, they're heartbroken, number one now that Oh, my God, meet really he didn't have any life insurance.

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I mean, he was driving nice cars, dress nice all the time. The loudest one in the room laughing. You know, I mean, going on travel, traveling, and no life insurance, and you leave and if they leave a spouse behind, you know, what is the spouse supposed to do? How is your spouse supposed to continue their lifestyle that they came accustomed to? And there's no life insurance. You know, people are devastated when you lose a loved one when there's no life insurance. One of the leading causes of bankruptcy is people pass away and their financial financial securities are a disaster. You know, no financial roadmap, nothing, you know, and what you should do is write everything down. You know, have your life insurance policy, the mortgage company, or the landlord you pay your rent to are your bank accounts, where your bank accounts are and have someone on your bank accounts. Have someone on your bank account. So when that day comes and it comes for all of us, at least you know, you have a loved one there that can take the funds out of your account if you have any money in the account. So some people don't have any money in their account. Just enough to pay the bills not understand that. But if you have a life insurance policy, and you just you know a little strapped for money, maybe you can borrow money against the life insurance policy. So, if you need to have insurance with you, I can help you with an insurance review, no charge to you. My contact phone number 70223626247022362624. My name is Donald Marquez or you can call me Don Marquez either way. Now, if you have a loved one that may have to go to her or nursing home, you want to take their life insurance policy and get a transfer of an own ownership, excuse me, transfer of ownership means that you're going to take the named insured if they're not already enrolled in the nursing home, because the nursing homes gonna take all your assets, everything in their retirement, all the assets life insurance policy along with that, you want to do a transfer of ownership, that way your loved one can go into the nursing home with the transfer of ownership. Now you're the owner of the life insurance policy, the person is still the insured. Right? And but as the owner of the policy, you can change bank account information, you could make any changes necessary on the policy, you can also change beneficiaries, it gives you access to life insurance policy, without having to contact your loved one with permission to talk on their behalf, especially if they're suffering from Alzheimer's or dementia, or organic brain syndrome, ALS. So this is News You Can Use because, you know, when you have a loved one that they help as he can, you know, they gotta have, they gotta have to need someone to depend on to help them, you know, take care of their business. And you know, one of the life is life insurance, you need to change ownership, it's not that difficult to do, you contact the insurance company, say I need a form a transfer of ownership form, you fill it out, send it in, of course, you know, today, we can email everything in, or we can do everything online. It's not that hard to do, if you have lost your beneficiary, and this happens quite often, especially when there's a husband wife, if you lose your beneficiary through passing, or maybe you you know, got a divorce and remarry. And you don't want that ex spouse on your life insurance policy, you can get what we call a beneficiary change form. And you could change the beneficiary, as long as you're the named insured or the owner of the policy, you can change your beneficiary at whatever percentage you want your primary and or primary beneficiaries. To have. Keep in mind, your contingent beneficiary is in a holding pattern, just in case the primary beneficiary passes away before the named insured passes away, the contingent beneficiary automatically moves up to the primary beneficiary. Now if you have more than one beneficiary on there, you know, you know things a little different when you have more than one beneficiary on there. So you want to, you know, talk to your insurance agent, or you can contact me at 702-236-2624. And what I mean by that, if there's two people as primary beneficiaries and their percentages of 5050, what happens if one of the beneficiaries passes away? Now, every policy reads may or may be read a little different when that happens? That person that that's, you know, the surviving may be at 100%, or maybe a contingent will move that up at a 5050, we would have to talk to the name insured to see what their final witness their wishes are, when it comes to the primary and a contingent beneficiary. And I've seen many times a life insurance reviews. And this is why it's good to have a review. They put the primary beneficiary at 50% and the contingent beneficiary at 50%. This is filled out absolutely incorrect. You cannot do that. Because that's that's gonna cause a lot of problems or worst case scenario having a life insurance policy. Other than accidental only your loved one passes away. And there's no primary or contingent beneficiary on the life insurance policy. It puts the policy in a tailspin and puts it into probate. If you would do request a loan from your life insurance policy, there's ways to do that you just contact the life insurance company. They'll tell you how much exactly you have and your cash value. You have an emergency and you need funds. Why not take money out a life insurance is also a living benefit. You want to find a way to pay it back is going to be a separate payment. So if you're paying, let's say less than $100 a month free life insurance, and you pull out let's say a couple $1,000 $2,000 And you want to pay toward that loan is going to be a separate payment from your current payment. You make arrangements with your life insurance company at time when you pull out the loan, and say I want to pay an extra $30 A month toward my loan. Now if you don't pay anything at all, at the time of passing, they will minus it from the death benefit and plus interest. Keep that in mind. My name is Dawn Marquez, this is your insurance connection 702-236-2624 702-236-2624. If your life insurance policy is lapse, sometimes people change bank accounts. And the insurance companies the Life Insurance companies do not know.

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You change banks, or you are compromised and you lost your debit card, and or your debit card expired. The Life Insurance companies do not know you lost your card, because it was misplaced. Or your card expired. They probably know when your card expire, but they need the new card information. They need the new banking information. So if your policy is lapse it for a few months, you can't get your policy reinstated. You simply fill out an application for reinstatement, pay up the past premiums. Or sometimes you don't have to pay to pass premiums, we can do what we call a read the date. In other words, okay three or four months have passed by I like I really can't afford to pay those four months you notice passed by we can read date your policy for more information. My name is Donnell Marquez 702-236-2624. By reading your policy, you don't pay the rears. You just read dated to the to the date you pay and we move forward. You don't have to rewrite a new policy, we just do. We just don't pay the back end of those miss payments, we just start from the day you pay moving forward. Because now we have all your updated information. Again, just to quickly recap, if you have five a financial bind, that'll get rid of your life insurance policy just reduced the face amount down to something you can afford, if you need to transfer of ownership, because your loved one is, you know can't, you know speak for themselves because maybe they have Alzheimer's dementia, or they may be going into a nursing home. You know transfer ownership or if a husband and a wife and the husband don't want to have anything to do and this happens all the time. Oh, I don't want to have anything to do it. You know, you take care of it talking to the spouse, you can do a transfer ownership and now you don't need he or she has permission to make changes to the life insurance policy is called a transfer and ownership. Beneficiary change form. If you do need a beneficiary, a new beneficiary because through marriage or you lost a loved one, get your beneficiary changed form you can get that directly through your life insurance company. And if you need to borrow money, you can ask for a loan request form. When you borrow money for a life insurance policy. You can add riders on your life insurance, young children that you could be responsible for as long as they're 17 years young and younger. And they'll stay on the policy until the 25 years young. They have insurance and once they fall off the policy. That premium will also fall off the policy and the young person that 25 years young will spin off with their own life insurance. Hopefully they pay for it. You may have the end up paying for it yourself. My name is Donald Marquez, we broadcast right here at K und 91.5 Jazz and more Sunday morning. From 8am to 830. Go outside take a walk as beautiful outside I love Vegas. This time of the year Hey, we need to keep the time or daylight savings time and not change it any more moving forward. We'll do this again next week. Have a great day everyone until next week. Just keep it crispy. Thank you for listening

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