YOUR INSURANCE CONNECTION

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This is a kunv Studios original program.

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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, homeowner's insurance, yes, and we talk about life insurance. Welcome to the show you. Good

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morning. This is Donald Marquez at K, U N, V, 91.5, jazz and more. Sunday morning, from 8am to 830 I'm a licensed insurance broker here in Nevada and California. Welcome. Welcome to my show. I've been on the air here at kunv 91.5 Jasmine almost three years now, and offering valuable information on insurance. I'm a licensed broker for auto insurance, homeowners, yes, and life insurance. Before we get started, I just want to say the people in Florida, I hope everything's you, hope you make through this storm. Okay? And North people North Carolina, it's a lot going on in our weather right now. I don't understand it. Vegas, we have severe heat over there, in Florida, and in the Gulf, they're having these amazing hurricanes and tornadoes. You know, my heart goes out to the victims, the victims families hope things get better in the future, but if they tell you to leave, leave. You know, don't, don't, don't try to ride these things out. It's hurricane five. That's a significant hurricane. But my condolences go to the families of lost loved ones, and you know, it is what it is, but

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I just hope things change. That's all I have to say. My name is Don Marquez. This is your insurance connection

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here at kunv, offering valid more information on insurance. Kind of just got a little choked up just thinking about just, just to be in a situation like that, I wouldn't know what to do. I would leave number one, but probably could return with nothing, come back with everything. Is gone, but your valuables are. They can be replaced. Those you know, but you know you're you're priceless, and this is why I talk about the necessary to have insurance, life insurance, especially because you are an asset. And you know, people need a lot of help in Florida right now and in North Carolina, this is the time the country needs to come together and heal and help those ones out there that we can help over there in our neighboring Florida, in North Carolina. All right, getting right down to it, you know, with life insurance, as I love to talk about, as you know, I just want to thank one of my listeners that came in. Her name is Betty. She, she, she was so excited about getting a life insurance policy. I never seen a person so excited getting life insurance. She purchased a policy from me. What we had to do was cancel one of her policies that she had she had taken out a loan against the policy, and the policy loan amount was adding up because of the interest on the policy was continually adding a she was just spinning her wheels, making the payments every month was she wasn't paying enough on the loan to to get out of the, you know, the debt that she was in. So what we did, we took our old policy, canceled it, she got a cash back, she surrendered the policy. She got a significant amount of money back, because she had money in the policy. However, she would have rolled it out. It would depleted all her cash funds and her asset and then, you know, she would have been out of insurance because it would have depleted all the cash value, or she would have to pay more money each month. She didn't want to do any of that. She lived on a budget, retired. And what we did came up with a formula to offer her a brand new policy, start fresh, cash out on the existing policy, pay the debt off, and she started fresh. So she was excited. She came in and she said, Thank you so much for helping me, because I didn't know what to do. I heard your program on K, umv, 91, five, jazz and more. And it just made sense the way you broke it down, explained, okay, let's surrender this policy, get you a significant amount of money, and then that creates you a savings account. Open a new policy for the same face amount. And she was, uh, you know, she was happy with. That the monthly payment fit in her budget, and she was, she was happy, you know, and it's a good relief to get out of debt. Some people, when you take out that significant loan on a life insurance policy, you understand you got to pay that money back. If you don't pay it back, they will minus it from your death benefit when that day comes, plus interest, plus, I cannot specify that enough. So many people in my 28 years have found that they've taken money out of the policy, no face amount, left very little, not enough, not enough to take care of those final expenses. So if you have taken a loan out and you don't know what to do, I could be contacted at 702-236-2624 for more information, 702-236-2624

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you know, cash value is always good to have. It's an asset. People call me all the time. I want a life insurance policy that builds cash value money I can retire on. Well, those are called index life insurance policies, you know? And they're non guaranteed. Number one, I don't offer those. I don't offer those non guaranteed policies because if the stock market lines up and everything goes right with an index. I mean, you're a happy camper. However, if you invest your money in these index policies, and everything doesn't line up the way you think they should line up. Who you gonna blame? You gonna blame me in the stock market, more than likely you're gonna blame me. That's why I don't offer the index product because it's just not non guaranteed. Now, is it okay to get an index? Sure it is from an agent that sells them, but I don't offer them. But younger you are to get an index, you can ride out the stock market highs and lows. The index is directly tied to the stock market. If the stock market does well, so does the index. If the stock market doesn't do well and there's a dip in and in the stock market, then you could, you know, take a chance and lose a lot by way of getting the index policy. If you're young, in your mid 30s, and you decide to get an index, it's not a bad idea, because you can ride out the highs and lows and historic numbers will come in probably favorable to you. But if you're not, if you're in your 60s and 70s and talking about, get an index, it's going to take a large amount of money to get that index started. Again, I don't offer indexes. I offer term Universal Life, and, yes, whole life. And the difference is, you know, with the with the index, like I said, it's tied directly to the stock market. The term is strictly term. You know what you're going to get. Your payments going to be the same up to 30 years. If you're 59 and older, you won't be eligible for term life insurance policy usually is 58 and younger. Now, keep in mind, when you're 58 if you're closer to 59 you may not be able to get a 30 year term policies. Now 57 non smoker, you can get a term policy up to 30 years. And if you do get a term policy, I do offer term you want to get the maximum years possible on a term life insurance policy. Whole Life is a basic policy, up to $35,000 in coverage. There's no health health examination, just a few other questions, one easy page application, most people qualify with health issues. Again, there's no examination, and benefits are paid within 24 hours to the beneficiaries with a death certificate. My name is Donald Marquez. For more information, 702-236-2624 702-236-2624, my location, Sahara Rancho in the US bank center located on the eighth floor. Work by appointment. My business hours are Monday through Friday, from 10am to 5pm 702-236-2624, to get the real ID, we are until May 7 of next year. May 7 2025, to get the real ID, the star on your driver's license, you do have to make an appointment with the department of motor vehicle to get your identification with the star on it, so you can get there through the airport smoothly. You know, it's always little something, right? I mean, you get the star on there. I don't know what that does, but, but in order to get the star, you have to bring in proof of who you are. Your driver's license is one form of ID, but they want you to bring in a power bill or a or a passport or a proof of who you are, especially if you marry you. Birth certificate. I mean, the list just goes on and on, check whether check with the Division of Motor Vehicle. And to see exactly, you can go online, you can see the exact what they asking for, to see where you fit in, the requirements to bring in to get your REAL ID. You just can't get it with your driver's license. Now, if your driver's license has to be renewed, that's a perfect time to bring in the required identification to get your REAL ID, and it's only a star put on your driver's license. So we the days are counting down. Well, we need to have this proof of identity. And you know, of course, the documentation, I think you can use your social security card and proof of residency by way of a power bill, maybe a couple of power bills, but this is required by the Division of Motor Vehicle. You can always go online and check see where you fit in to, you know, get your car registered or get your driver's license renewal at that same time, get your REAL ID. My name is Don Marquez. Welcome to my show if you're just tuning in for the very first time. Thank you for listening. I want to thank the listeners that came in and purchased home auto life insurance. I'm licensed with the state of Nevada and the state of California to offer home, auto and Yes, life insurance. Now in California, it's a little bit of a struggle with the home and auto right now, a lot of companies are leaving California. A lot of companies are leaving Nevada. Don't quite understand it, but it's the nature of the business. What it does, it lessens the competition for other insurance companies, but for whatever reason they live, these insurance companies for auto and home, are leaving the state of Nevada. I've never seen anything like it in my 28 years of my career, where these companies, most companies, want to come to Nevada. Now, if you just moved in Nevada, you're going to find out quickly. Our car insurance rates are a little bit higher than most states. Every little every state has a something that's our something our car insurance rates. But you know, everyone needs life insurance. Everyone needs life insurance and to get us a policy if you have underlying health conditions, lupus, cancer, diabetes, oh my god, if your a 1c is over seven, okay, you're not going to be able to get a policy $100,000 and higher. It's just very difficult to get those policies issued. Even when people come to me, they say, I have diabetes, and I said, What's your a 1c Well, it's over seven, it's gonna be very difficult for me to find a policy over 100,000 or more. To get you a life insurance policy with an A, one, c7, or above. Now I can get you a $35,000 life insurance policy, up to $35,000 in coverage if you take blood thinners. Usually we can only get about $25,000 for blood if you own blood thinners. And I'd say this to you on the air, because people, you know, sometimes they understand with underlying health conditions, it could limit the amount insurance you get. Now, they do offer these policies by way of mail, and it looks very attractive to you, and you say, Well, you know, I'm, I'm gonna fill this out and send it in. But if you, if you get a policy like that with no physical and it's guaranteed acceptance, number one, it's gonna be a two year wait period, and maybe even a three year wait period. And number two, it may be accidental only. You know what you don't want. Accidental only, they say you're insured. Day one, with accidental only could be a life insurance policy disguised as a whole life policy, but it's travel accident insurance. So many of you, especially my seniors, that's listening to the program that do purchase accidental policies. Why? I don't know that only covers an accident. This is why it's important to get an insurance review. If your life insurance policy is going up, I give, I give no obligation insurance reviews. My office is located on the corner of Sahara Rancho in the US bank center located on the eighth floor. I work by appointment. 702-236-2620, 2236, 2624 people ask me, you know, simple questions, will I need a medical exam when I apply for life insurance? Not necessarily. It just depends on

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your health condition, the medications you take. You know, I take it step by step. I will find a policy that you can't afford to fit in your price category. Everyone has a price. You know, sometimes people come to me say, Well, how much life insurance I can get? It just depends on what your budget is. I would really like to know what your budget is, and we work from your budget. What's the point of me quoting you life insurance and it doesn't fit? Your budget, will my insurance be counsel if my health changes? That's the question I've been asked many times. No, once the policy is issued and your, let's say, three years down the road, and your health changes, and you know, it does not have effect on your life insurance policy. Your policies issued at the time you take out the policy with your current medications that you're taking and your current health status. Keep that in mind. I've been asked that over the amount many years, will my insurance be canceled if my health changes? No. But if you are a smoker, which I don't get many smokers contacting me if you are a smoker, taking out a life insurance policy as a smoker, and later down, later in life, you decide not to smoke. You have to be smoke free for 12 full months. You can get reevaluated. So if you do have a life insurance policy and you've had it for a while, or, you know, you just recently purchased a policy within the last two years, and you stopped completely smoking for 12 months. You can be reevaluated by your life insurance company. You just contact them and say, you know, I'm smoke free for 12 months. They may require you to have a saliva test, right? So saliva test is when they put this thing in your mouth, just whatever it is in your mouth, they swab your mouth, and then they look at it at the lab to see if you have any tobacco or THC in your mouth. Well, you know, sometimes people smoke cannabis and there's THC, so that could be considered smoking, or you may smoke a cigar on occasion. The thing about cigars there, I do have companies. If you do smoke cannabis, they won't rate you as a smoker. Or if you have an occasional cigar, they may or may not rate you as a smoker. Just depends on the company that I select. I have to review the under under underwriting guidelines to make sure it fits families. I've had people call me, can I put my family on one life insurance policy? We don't insure a husband and wife together anymore. We don't we stopped doing that years ago, because if the husband passes first, and he is the he is the named insured, then the policies over. This is why we don't put the husband and wife together or it have to work out where the named insured, let's say it is the husband and the wife. Is a second named insured. When the husband passes the life the life insurance policies. Cancel those policies. We do not issue them anymore, because the wife live, outlive the husband. She finds herself with health problems, with no life insurance, or she didn't realize, okay, well, my husband, I we're on the policy together, and these are much older policies, of course. Now he passed, and family thought she had life insurance, but come to find out, the policy council when the named insured passed again, this is a good reason to have an insurance review. Another good reason to make sure the beneficiaries are updated. Your beneficiary could have passed and you need a new beneficiary. So you need a beneficiary change form to update your beneficiary as your primary beneficiary and also your contingent beneficiary. You want to make sure that information is updated now your contingent beneficiary. I've seen people fill out the primary beneficiary at 50% the contingent beneficiary at 50% this is absolutely wrong. The way you fill out your life insurance policy beneficiary information you want your beneficiary or beneficiaries at at a percentage, it has to add up to 100% if there's more than one primary, let's say there's two primary you can you can have it any way you want, 30% 70% 5050, however You decide to split the primaries up up to 100% now, if there's only one person on the primary that's automatically 100% the contingent beneficiary only is in place, just in case the primary beneficiary passes before the insured individual. If you have a loved one that's getting ready to go into a nursing home, you may want to have a change of ownership form. That way, the nursing home will not use the life insurance policies as a part of an asset. You may have to sign that policy to the nursing home in order to avoid that. You want to do what we call a change of beneficiary form, so you change, excuse me, change of ownership. Form, you change the ownership of the life insurance policy. For an example, husband has to go into a nursing home, right? The wife is the beneficiary, and she's paying for the policy. Now. What the wife can do is do a transfer of ownership where she now is the owner of the policy. The husband is still the insured, and now the nursing home probably we won't ask for the policy, because the person that was insured originally is no longer the owner of the policy. This is information you can use, because you know, things change in our lives all the time. We never know what may happen from day to day. We wake up, go to bed feeling great, wake up the next day. Your whole life can change overnight. I've seen it happen in my many years of living. You never know what happened. It's always good to be proactive. Take care of your business now. Don't wait to the last moment. You know, so many times when people just procrastinate, kick the can down the road. I don't want to talk about it. These are things we needed to discuss. These are this. This is information your family need to know. You know your your family members lose a loved one and they go in the house to tear the house up, looking for the life insurance policy, because they know they got this very expensive funeral to pay for. Why would you put your family members through that? I recommend you take out a piece of paper, put down all your pertinent information, your mortgage, your rent, the phone numbers, the customer service phone numbers, your loan numbers to your current car payment, car insurance. This is my life insurance policy. This word is put all that together. So and tell your family members where all this information is. And if you tell your family members you are the beneficiary of my life insurance policy, you know, let them know what a policy is, and don't let them talk you out of the policy so many times, you know, family man, why'd you get a life insurance policy? Well, because I want to make sure that you know when I go, when that time comes, and it comes, for all of us, that you won't suffer financially. You will not suffer financially. And I don't know it's a tough pill to swallow. Sometimes people don't want to talk about death, but it's the reality of our life? People don't want to talk. I mean, you know, everybody wants to live forever. No one lives forever. Our time is short. You know, less than 100 years we have here, and that's a blink of an eye. And time this, this plan has been around, and people may dispute this, but this plan has been around for over 4 billion years. That's a long time. It has another 4 billion to go. I mean, it has and we are, it's only half a cycle. It has another four, two to three, 4 billion years to go before, you know, whatever happens, happens, but that's the life expectancy of a planet. Our planet, 8 billion years, 7 billion years, that's a long time. So our existence on this earth is only, what 100 years, maybe or less, 8085 87 that's not that's only a blink of an eye on time. We want to make sure that we're not passing on generational debt. Generational debt destroys families. It really does. It has families apart. But when that day comes and will come for all of us, you know, then you find out exactly how well your finances were kept. Now, if you say, Well, you know, I've saved money in my savings account, but if no one has access to your savings or your checking, how do they supposed to access the money? You know, you take them through a lot of loops. If you plan on leaving your home to your children you don't have a trust or a will, how do you plan on leaving your home to your family members? If you never added your family members onto the deed of the property, whether you have a mortgage or not? How you gonna pass on that generational wealth? How are you gonna pass property on? Well, I own a couple of homes, you know, I own houses in another state, but you don't have a will to trust and you don't have no one on the deed other than yourself. Or you could have your your husband and wife, the husband or the wife passes it. Happened to me. Happened to me. I had to go down to the assessor's office and transfer my wife's name off the deeds of the properties that we own. Set myself up with a trust. So now I have everything in a trust. This is, this is News You Can Use. I mean, I want everyone to live a healthy life as long as they can. But you have to understand, we have to get our house in order. Your house is like a business. You run it as a business. Of course, you have to pay your power bill. You have to pay your utility bills. You know. You have to pay the mortgage. You have to pay the rent. Now we have to pay for TV. I remember when television was free, and a lot of you just listening to this program understand exactly what I'm saying. The commercials paid for television. Now, television is a utility, but your house is ran like a business, because you have to pay out those bills every single month in order to draw, to enjoy the luxuries of having air conditioning, gas to cook. On television programs, endless television programs, you know. And I can't stand this streaming, you know, you see something come on, oh, I would like to see that program. It's streaming on this channel, and that costs you four or $5 a month, seven, $10 a month. And then you see something else that comes on that, oh, I would like to see that. And this is another channel that you have to buy to watch these different programs. I don't think it's fair. I really don't you could spend, you could be up to $300 watching television. You know, you could be easily $300 bill every month watching television. Where you could take some, reduce some of that television watching, reduce some of these programs, and have yourself a life insurance policy. Let's cut that TV watching in half. Maybe read a book. Get out and take a walk. Get some fresh air. Listen to some music. Enjoy you, you know, enjoy your home. Enjoy your backyard. It's getting ready to be cool, starting to cool down next week. Oh my goodness, I'm so tired of this heat. It's gonna be in the 80s starting, starting this week. Uh, I'm so glad to see that this has been a long summer here in Vegas. Born and raised here, and I'm just tired of the heat. I want to see the 80s and the 70s again, though those were really comfortable days. Get down in the 60s. You know, 70s at night. But you know, we're gonna get there. But my whole point is we can make adjustments. We can make adjustments to our life insurance policy to protect our loved ones. You're the most valuable asset in the house. Not so much would you spend on cars? Would you spend on nice clothes? But you know, we need life insurance. Everyone needs life insurance. And don't say you can't afford it. You cannot afford to be without it. I'm a licensed insurance broker. Represent over 60 life insurance companies. My contact phone number 702-236-2624 702-236-2624, easy application to fill out. I do all the work you just sit there, or we can do everything over the phone. We can do everything over the phone. We can submit your application over the phone. My office is located right on the corner of Sahara Rancho in the US bank center, eighth floor. But you know, I work by appointment, and I will work some Saturdays. My business hours are Monday through Friday, from 10am to 5pm and some Saturdays, I will work. I don't work on Sundays, and I don't mind you calling me on a Sunday to set up an appointment. 702-236-2624, we'll make it very easy. We'll the money that's coming directly out of your checking account. You can select a due date between the first and the 28th of each month. Have the funds pulled directly out of your checking account, you know? And that's simple. That's easy. Some people like the middle of the month. And we will find a policy that will fit in your budget. Now there will be a series of questions, and some the large, some of the larger life insurance policies could require physical that you don't pay for. The life insurance companies pay for the physical you just we just need your doctor's information, name, address, phone number. We get the policy rolling on the larger life insurance policies that started $100,000 we could take it all the way up to a million or more, if necessary. My name is Donald Marquez, broadcasting right here. K, U, N, V, 91.5 jazz or more. Enjoy your Sunday morning. I hope your sports bets come in. We'll do this again next week. Until then, just keep it crispy. Thank you for listening. You

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