YOUR INSURANCE CONNECTION

Wesley Knight 0:00
This is a KU NB 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.

Donald Marquez 0:22
You 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 you.

Good morning. My name is Don Marquez. This is your insurance connection. Broadcasting right here at K, U, N, V, 91.5, jazz and more every Sunday morning, from 8am to 830 Welcome, welcome. Welcome to my show. Been on the air now for three years and counting, right here at K, U, M, V, thank you for listening. And I want to also thank the people to contact me and listen to this Sunday morning program. And you know, we talked about their auto insurance, homeowners insurance. Yes, indeed, we did talk about life insurance. So thank you so much for your continued support. Let's get right down to it is getting hot in Vegas, as we know it's here, y'all, the summer is here, and it's not going anywhere for about three and a half four months. So hopefully you go outside a little bit, get your Vitamin D, but don't stay out there too long, because, you know, it could cause health problems. Being out there in the sun too long. Yeah, if you're gonna take a walk, do early in the morning or late in the evening when the sun is Sunset, you know, get out there and work those muscles. I start, I'm starting to walk again. And just to get my get my exercise in, give your body 30 minutes, three, four days a week, 30 minutes of exercise that don't hurt any push away from the television and turn that remote control off. Most of us get. The only exercise we get is pushing the remote control. So we could do better. You know, to get to stay healthy and eat and eat a lot better too. Let's stop all the all the fast foods. It's just really bad for us. Really, really bad. I feel better when I eat greens. You know, the green vegetables is the spinach. I eat a lot of strawberries and blueberries weekly every I mean, it's just in my diet all the time, lemon water, lemon water with strawberries in it, blueberries in it, a refreshing drink. I mean, it makes it taste really good, like a nice fruit drink, without the carbonation, without the sugar, and it's a good drink. So you slice up a lemon, put put a slice of strawberries in there, and put some blueberries in there. You can squish it up a little bit, you know, let those, let those juices release, and a nice, refreshing drink, nice, cool, refreshing drink with or without ice. And you're like, Oh, this is cool. I can, I can, I can go with this without, you know, getting a soda. But, you know, that's a little health tip from Donald Marquez for us to stay healthy, because when you take out a life insurance policy, you know, it's always good to go be in good health when you take out a life insurance policy, but if you do have underlying health conditions, I can help you with a policy. You know, we do specialize in people with Alzheimer's dementia. We can get you a life insurance policy if, in fact, you have a history of COPD, emphysema or asthma. Yes, we can still get your life insurance policy now cancer. People ask about cancer if you stage one, stage two, and have more than 12 months to live, usually stage four, I really can't get you a policy of stage four, maybe even stage three. I can get you a life insurance policy. You know, everybody's different. Every situation is different. I did have this unique situation with a client, and I don't mention any names, and I've talked to people about sharing their stories, and they're okay with me sharing their stories on the air, but I never mentioned names. However, this lane young lady heard me on the radio. She she had a life insurance policy in place. It was $300,000 life insurance policy in place, and she had cancer, and she thought she was gonna be terminal. She had stopped her. She had stopped work. She had two young children, single mom with two young children, in her mid 40s, and she just didn't know what to do. So this is, this is what the conversation is going to be about, accelerated death benefit. Accelerated death benefit, when you have a life insurance policy and the doctors say you are terminal and you have less than 12 months to live, you can accelerate. Rate receiving that death benefit while you're still living. Now, if you purchase a policy before you you know got was diagnosed with cancer, you can accelerate your death benefit up to a certain dollar amount. Now it could be anywhere from 60 to 80% for an example, you have $100,000 life insurance policy, and you use in the doctor tell you you have less than 12 months to live your terminal you can accelerate your death benefit. They'll send you. The life insurance company will send you the check up to 80% could be anywhere from 60 to 80% on the accelerated death benefit. Now you don't have to take the full amount. You could take less than that. Now, what does that do for you? It takes care of all your bills. You need to take care of you need, okay, I need to take care of this. Take, you know, whatever it is financially you need to do. It allows you, while you're still living it, to take care of that financial responsibility. And you know, sometimes people don't want to use the accelerated death benefit, because insurance companies, they have to verify the information from the doctor that you are terminal and you have less than 12 months to live. In this situation with a young lady with the two children, in the mid 40s, she thought she had less than 12 months to live. She received the accelerated death benefit. There was a large policy too, by the way, a lot more than $200,000 but even in $100,000 if you accelerate 50,000 I mean 50% that's $50,000 but this, this policy was a lot higher than that. So she needed the money because she started to get behind in the bills because she wasn't working. She accelerated the death benefit. She received a large sum of money, yeah, tax free, by the way, to my understanding and was she's she was able to take care of all her financial responsibilities. Now she she outlived her doctor's diagnosis. Diagnosis. The doctor said, Well, you know, she had a turnaround. She went into remission, which was great. She went into remission, and this was four years ago, and she's still living today. Now, what happened to that money? She accelerated. She still that was her money. She can do whatever she want with it. The balance of the policy benefits are still there. She's still making the payments. You know, because she heard me talk about accelerated death benefits, you know. And she said, Well, you know, I I have a policy, and can I get money from it? And I told exactly what to do. I help people all the time to better understand insurance, you know, I see people and they talk about, well, you know, I have a policy on. I pay a little every year and but more than likely, and you're up in age, in your 70s, you have an accidental only life insurance policy. I don't recommend buying an accidental only life insurance policy. The life insurance comes with accidental in it. If you're in a car accident, car, car. You know, people worry about, well, if I'm in a car accident, you know, this accidental only policy will will cover me for car accidents. Who wants to die in a car accident, you know. And keep in mind, the car insurance comes with its own coverages. A lot of these accidental only policies exclude car accidents, just to let you know that, and it has to be a fatality at the scene of the accident, by the way, so you have to die at the scene accident, if you have an accidental only life insurance policy and you think, you know you're not, you're not, you're not doing nothing but wasting your money. I wholeheartedly believe that I've been in this business for almost 30 years, and have not yet talked to anyone with an accidental life insurance policy and they and they lost a loved one, and that accidental only policy paid out. I'm just saying in 30 years in my life, I've never heard anyone receiving as a beneficiary the accidental portion of the policy. I just haven't heard it. Now, if you feel comfortable when that when you receive the information in the mail to to fill it all out and send it in, I mean, I think you're wasting your money. This is my professional honest opinion, you are wasting your money. Let's get a real life insurance policy in play, something that your family can depend on when that time comes. And that time comes for each and every one of us, it just a matter of we don't know when the day is going to come. One day for all of us. All of us have a number. We have a date. We don't know what that number or that date is, but it's going to happen. And you're gonna quickly realize your family's gonna quickly realize how financially disabled you were your whole life. I have to say it like. That because financial disability, I would say financial disability is something that we can correct while we still living.

And I say financial disability because you have car insurance, but you don't have any life insurance, you're financially disabled. You don't save money in the bank, you don't save any money in the bank. You don't have enough savings to take care of large funeral today, a $20,000 funeral, you're financially disobeyed. You're disabled. You are financially disabled. Well, you don't take care of your family's financial obligations. When you leave that up to someone else, you're disabling your family. You are, and that's a new term. I just made it up. You know, financial disability. You know, you we need to be financially able to make sure that our loved ones are taken care of. You know, most of us have children. Why would I want to leave my dad on to my children or make it very difficult for my spouse to continue my spouse's life. I mean that that's that's just to mean that is just the goodness out of my heart. If I can go to the movies and buy this very expensive popcorn, a very expensive drink along with it, after the movies, go out to dinner and have this very expensive dinner, I can have a life insurance policy, you know, going to the casinos, spending money in the casinos, putting money in the slots, I see people all time. You know, the thing about Las Vegas is, I see the commercials on television. They always show the winners. Ah, the people are excited. And, you know, they look they look very healthy, too. By the way, they look young and healthy and vibrant, and they just always at the table and and they winning money and they cheering. You know, this is, I'm talking about the commercials on television to attract you to Vegas. But, yeah, they never show the losers in Vegas, right? Because this time was not built on winners. It's a lot of people losing money all the time in Vegas and but if you, if you spend money in the casino like that, you can have a life insurance policy, because your family is really going to need this protection. You know, talk about your finances with your family. It's very important, you know, let them know who the beneficiaries are, or the beneficiary is. If you lost your beneficiary due to death, or, let's say, even a divorce. And now you got a divorce, and you know, you want to change your permanent beneficiary information. You have a divorce, your spouse is still on your life insurance for primary beneficiary. And sometimes you may want to keep your spouse on there, depending on the children who has the children. But you know, sometimes there's no children involved, and you may want to change your beneficiary information. A contingent beneficiary is a person in place when the primary beneficiary passes before the insured individual passes. So a contingent beneficiary, and I've seen it filled out. People put 50% primary beneficiary and 50% contingent beneficiary because they don't understand the language. You fill this information out yourself, you send it in, and all of a sudden you find out it's filled out incorrectly. The problem is the insurance companies don't contact you to correct the information, because you don't have, you don't have an insurance agent. I am available. I do not charge to come see me. I don't I don't charge any fees, any broker fees, to sit down and have a conversation, to do a full insurance review, home, auto, life insurance, boat, motorcycle insurance, life insurance, I think is one of the most important insurance policies we can have, because your family is going to need the money they are going to and especially what funerals cost today. Oh, my God, 15 $20,000.15 $20,000 I'm gonna say it one more time, 15 to $20,000 and they want all the money right now. At the at the mortuaries, they want all the money right now. Now, if you can, if you have 15 to $20,000 that's lying around in your savings account, and you say to yourself, well, I don't need any insurance. And don't ever think you know death is somebody got to pay for it. Someone has to pay for it. Someone has to pay for your death. It's not free. You can't die for free. And don't think about donating your money, your body to science. I'm sorry, donating your remains to science, because they have enough from the homeless. They get, they have enough. They have all the research they need from the homeless individuals, because they pick them up every day off the streets that you know. So they don't, I've heard people say, Well, you know, I can just donate my my remains to science. I don't need a life insurance policy. Or, if you, you know, let's, let's talk about that. When you think that's. That's your solution to not for your family to go into debt. What about because you know the young children behind or there's a spouse, or you know, are you the only one living right now for your family members to go in to move your belongings, out, your furniture, your clothes, they have to pay the rent, maybe even a mortgage for a couple months, because they're flying in from out of town that that has to be paid. The utility bills has to be paid. Now you have to hire movers to move it out. Move move all the furniture out. It's going to be it's always an expense. And people ask me, how much life insurance do I need? Well, that's, that's an easy answer to answer to, because I can sit down with you and do what we call a needs analysis. I can, we can figure out, okay, you have a mortgage. You want to cover your mortgage. You have young children, you want to cover them until age 1825, or you have, you know, I have credit card debt. I have, I have a car car payment, because some people, you know, they may or may not qualify for the larger policies, or maybe you just can't afford the larger policies. Let's figure out something that will fit in your budget. My name is Don Marquez. This is your insurance connection. My contact phone number, 70223626, oh, 22362624, 702-236-2624, located on the corner of Sahara Rancho in the US Bank building located on the eighth floor. I work by appointment. My business hours are Monday through Friday, from 10am to 5pm you can easily text me with your information. I will go back to I will get back to you. My email address is Donald dot Marquez, M, A, R, Q, U, E, z@outlook.com Again, donald.marquez@outlook.com I've been in the business for 29 almost 2030 years now, wow, next year will be 30 years. Where does the time go? I was licensed back in 1996 30 years, next year. This time next year. 29 years ago, I was testing and, well, I have finished all the tests this time. 29 years ago, I was interviewing with different insurance companies, all state farmers, State Farm. I talked to all of them, and I landed on at all state for the first seven years of my career. I learned a lot from Allstate after seven years at all state, with my own agency, I went to AAA insurance company. I stayed there long enough to retire, met a lot of great people, learned a lot about insurance. And 2015 I decided to be a broker, because I was referring a lot of business to the brokers when I could not place insurance with people with underlying health conditions. People had underlying health conditions, I could not place insurance with them. I would get on the phone and I'd call a broker, and I said, Hey, Mr. Broker, insurance broker, because an insurance broker represent more than one company. When I work for AAA and Allstate, I can only sell triple A and all states products. You know, that's it. You can't go outside the box and sell other companies products. But now, since 2015 I've been a licensed insurance broker. I represent multiple companies as a representative, and I don't charge you to come see me. I do not charge a fee. If you didn't hear that at the beginning of my broadcast, I'm telling you now I do not charge a fee once I submit a life insurance policy to the insurance company, and all insurance agents work this way and or they should work this way. Then once the policy is approved and issued, first premium taken, then the insurance companies pay us a commission. Pay insurance agents a commission. Now, there should not be any fees charged to the customer unless there's a policy method, unless there's a policy submitted, approved, first, first payment made, whether it's month to month, or paid quarterly or annual payment, however, that payment is made, that's when we receive our commission benefits. Now, is is it? Is it a less premium, regardless of the product, home, auto, life? Is it less premium without an insurance agent? Well, would you go to the doctor without seeing a doctor? I mean, would you try to I mean, we're like the doctor, the accountant, you know, we somebody. You must have, you know, in your Rolodex to say, You know what, I got my insurance agent. I'm my accountant. I have my doctor, my dentist, my lawyer. I got a lawyer. I guess now we all need these people in our life, including your insurance agent. I'm a. Available Monday through Friday, from 10am to 5pm and I do a lot over the phone. 702-236-2624 702-236-2624

I love what I do as an insurance agent. I mean, I should have been doing this. I should have been 60 years in this business, because it's just that it's been really good for me, because I get a chance to talk to you. I want to talk to you, the customer, to find out what your insurance needs are. I never treat everybody as a group. You know, everyone is an individual. And I've even asked, what is the best insurance, what company offers? I don't I don't know what that means. I think all of them are good. All of them go by the same guidelines that we all need to have in life. They have rules in life that we have to adhere to. They where I'm in a fiduciary position of trust, the insurance companies trust me to deliver the information they provide to me to educate me so I can educate you. Now, I'm like a liaison. I represent both parties. I represent the the insurance company, and I represent you, because I'm I'm taking you with your insurance concerns to the insurance company that I think you may qualify for, or we can find a lower rate that you're already already paying, but it's going to be to your advantage, not to your disadvantage. My name is Don Marquez, if you'd like to check me out, and I encourage you to do so listening to this program you can contact in Nevada, Division of Insurance, right here in the state of Nevada, and say, You know what listen to. Don Marquez at KU MB, 91.5 he's a licensed insurance agent. I just want to check his record please. I encourage you to do so. No stains on my record. And 30 years of this, in this, in this business, and I've seen a lot, and when I'm what's when I'm when I what I see today, what I see today, is very you know, it's very disappointing, because the auto insurance companies are just a lot of companies have left Nevada when I first started offering auto insurance, back in 2015 as a broker, I had 12 companies that I could use to shop for the lowest auto insurance rate with comparable or even higher limits of liability coverage, because I don't like to go below the coverage you already have. A lot of you carry the minimum state requirement on your auto insurance to keep your payment low. But I'm telling you right now, if you're shopping for auto insurance with the minimum state requirement at $50,000 per person, 100,000 each accident and $20,000 property damage, you're not competitive. You're not it is advantageous for you to increase your liability coverages to $50,000 per person, 100,000 each accident with $50,000 property damage, that is going to put you in a much better position to shop for car insurance. When you have the minimum state requirement and you're trying to shop for the lower rate for your car insurance, you're not going to receive a favorable rate, or, even better, push it all the way to $100,000 per person, 300,000 each accident, $100,000 property damage does? It cost more, just a little bit more, it does, but it puts you in a better position to shop now, long as it and there's no time required. This is the, this is the really nice thing about it is if you, once you change it to 100 300 and you could prove that you're at 100 300 with a declaration page. Right now it opens up on auto insurance policies. It opens up for you to shop for competitive rates, because by carrying the minimum state requirement is not going to give you a competitive rate while shopping. It just doesn't. It just doesn't. It never has. It never will. So just keep that in mind when you're shopping for car insurance. Just those rates are competitive. Yes, they are, but when you hear it on on television, you know, rate stars as low as or or, you know, save as much as 20% 15% by 15 minute phone call. They're not talking about Nevada, expressing Southern Nevada, we pay some of the highest car insurance in the country. My name is Don Marquez. This is your insurance connection. 702-236-2624 702-236-2624, broadcasting, right here, k, U, N, V, 91.5, jazz or more every Sunday morning, from 8am to 830 I've been on air now for three years. I want to keep my I want to give my engineer a shout out. Mr. West keeping he's the best. And you know, dr, dr Ridley. Gave me this unique opportunity to come to educate you about insurance. Your insurance is something that we all must have one form of another. We have car insurance, we have homeowners insurance, we have renters insurance, we have life insurance, we have boat insurance, we have motorcycle insurance. And the list, yes, goes on and on and on, and it's better to have it and not need it, and the need to not have it. And so many of you have have known someone, or you know or yourself, been in a position where you know something happened and you did not have any insurance. And how costly is that, you know, it's like this, you gonna pay now, you gonna pay later. It's better to pay now. It's cost effective to pay now. When you talk about, you know, you want to wait for life insurance, I don't understand the whole concept of that. People say, oh, you know, I want to wait. I don't get that. I really don't get what wait for. What a way for you to get older and pay more? Is that what you're waiting on? That's what I ask people when. So, you know right now I just want to wait. I said, Well, you know what you're waiting to pay more, right? What do you mean? Or what are you gonna pay more for? When you do get it, you got to pay more money because you get older now, or your or your health could change. Once your health changes, then everything changes. Then you're like, Oh man, I don't feel like, you know, yeah, I mean, it's like people like, oh, well, can I get life insurance? Yes, you can. We can fit a policy in your budget. But you have to be realistic, the sooner you get the policy, the lower is going to cause we go by your age, your health, the medications you're taking. So waiting is not a good option. Even if you have life insurance on your on your current career, you will leave that job one day, then you lose all benefits. You know, things are going the way they're going today. It is better to be safe than sorry. We don't want to put our families in a position where, you know, come on, Dave, for real, you're gonna leave us with all this debt. If you have credit cards, do not put credit cards and then you and your spouse's name together. Now don't what I mean by that. Don't apply for the credit card together. Now you can add someone on as authorized user, but when that person passes, you're still responsible if you apply for their credit card together and don't ever, ever, ever, ever co sign for somebody a car, you're responsible 100% of those payments. Now, you know, you're gonna take a hit on your credit, but if they they can't make those payments, or they're not responsible making those payments, you know, then it's on you. It's gonna take it affect your credit. Is this gonna be? It's never, ever good to do that. And the reason why I say these things to you because we have to learn financial literacy. You know, passing on generational wealth is a good thing, not passing on generational debt, generational responsibility. You know, you go to go to these mortuaries. You know, we have some leading mortuaries in our city, palms bunkers, you know, just the list just goes on and on. And just give them a call and ask them, How much does a funeral cost today? And once you talk to them, and you don't have any life insurance, then you, then you're gonna say, You know what, I need to contact John Marquez, and we need to sit down. We need that plan, because at a funeral today, at $20,000 on average, we need it. We need life insurance. So don't think you don't need it. 702-236-2620 470-223-6264. We can make it happen. We'll do this again next week. Everybody just have a great week. Stay cool, because it's starting on warm up in Vegas, as we all know, this time of the year will we're gonna keep it crispy until then. Thank you, blessing you.