YOUR INSURANCE CONNECTION

Unknown Speaker 0:00
The following is a paid program sponsored by your insurance connection. Please be advised that the voices and opinions you hear do not necessarily represent the views of K, u and v Las Vegas, the University of Nevada, Las Vegas, or the Board of Regents of the Nevada System of Higher Education.

Unknown Speaker 0:21
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. Good morning, Las Vegas. This is Don Marquez with your insurance connection broadcasting from K u and v 91.5. Jazz and more. Right now we're doing a fundraiser. And any money that's donated to the school definitely helps the radio station and you know, broadcasting right here at ke u and v 91.5. Jazz and more. We accept all donations that keep that keep us going. You know, our staff has to be paid. And of course, our equipment has to be monitored and well maintained. And of course, it gives me an opportunity to come on the air and talk to you about your insurance. My show is your insurance connection. My name is Don Marquez, and this is your insurance connection. Today we're going to talk about final expense life insurance. We talked about a lot about life insurance on my show. That's one of my favorite subjects. And the reason why is because people just don't quite understand the fundamental purpose of having life insurance. Yeah, okay, I'm paying on something. And then when I pass away, it pays for, you know, funeral costs, it pays for other expenses. Is that important to you? It should be? Why is it important? Because when you pass away, and we all pass away, it's a very expensive passing for someone. Of course, you've gone on, you've phased on and made your transition. But what about our loved ones we leave behind? What about the expenses that we leave behind that we take for granted today? I mean, today we you know, we're at the comfort of our home, we watch some football on Sunday, go Raiders, let's win another one, two in a row. But when that happens, and it happens to a lot of us, especially this time of the year, you'd be surprised many people pass away during the holidays. You know, there's reasons for it, of course, but a lot of family members are left with a very expensive funeral costs during this time of the year. During the holidays, I hope everyone had a wonderful Thanksgiving. Going into the Christmas holidays and a New Year holidays we lose a lot of people, for some reason, is very consistent. It's been that way for many, many years. However, when that happens, when that happens, now it comes to the funeral cost. Sometimes you don't have time to grieve because of the funeral cost, the costs that were involved, how much it costs to bury my dad. Well, unfortunately, you know, your dad didn't have a life insurance policy. And here we go. Now, of course, you go to the funeral home, you have to make arrangements. And all that costs a lot of money today, on average of you know, 15,000 to $20,000. Today, that's the average funeral cost. And now if you're a veteran and you're listening to this program of you know, someone that's a veteran, just don't take that for granted, because being a veteran, and with no life insurance policy in place, just because you're a Veteran. I'm a veteran, and I know this, it only plays for a cemetery plot in Boulder City. Now, of course, that's a substantial savings, because it's the opening closing the headstone, but it pays for the plot and also the headstone. Now the headstones and veterans cemeteries, they're, you know, just like in the military, they're all the same. So you can't get a you know, really nice headstone. They're pretty much a basic headstone with the name, the date of birth and the person you know, when they passed away. But I've seen some of these headstones with the date they were born and just a dash is a continuation of life. I liked the dash I think when I'm, when I go out with my my family put it just a dash behind my name, not not the day that I made my transition. But I do want to add a dash because it's a continuation of life. I liked the dash but keep in mind that does not pay for the casket. The you know, the preparation of the remains is so much of the cost involved the repairs, you know the service itself, that that money adds up. And with a life insurance policy, affordable life insurance policy we can fit in your budget. It helps pays for these funeral costs, and a lot of other expenses. Now the benefits are paid within 24 hours a whole life. Life insurance policy benefits up to $35,000 there is no health examination to apply just a few health questions. Most people do qualify Even with health issues, if you have health issues and you've been turned down for life insurance, please don't give up, I can help you. My name is Donald Marquez, my contact number is 702-236-2624 702-236-2624, located on the corner of Sahara Rancho, in the US Bank building, on the eighth floor, I work by appointment, my business hours are Monday through Friday, from 10am to 5pm. Let me help you make this easy for your family. When that day comes, and it comes for all of us now I receive calls, people that are in their 70s and say, you know, I need some life insurance. And I'm gonna thank those individuals that has contacted me and say, you know, I've waited a long time I listen to this program on K, u and v 91.5, jazz and more. And you make a lot of sense. I've been kicking the can for such a long time. How much does it cost? Well, we just don't do it that way. What I do is through a step by step process, I need to ask you a series of health questions. I need to know exactly where your health is what medicines you take, so I can pre qualify you for the life insurance. Again, I said earlier in our conversation, there is no health examination. Just a few health questions. I ask these a yes or no questions. For instance, disease do you have within the last two years, disease of the heart including heart attack, heart surgery or congestive heart failure? That's a yes or no question. Here's another question I asked disease of the circulatory system, including stroke, aneurysm or been advised to have surgery to improve circulation. That's a yes or no question. And the last two years, have you had cancer other than basal cell skin cancer, meaning if you have had cancer and you had a history of cancer, but it's over two years, and you're not taking any medication for your cancer, you could qualify for insurance day one. These are some of the questions that I do ask. And here's another one disease of the liver or kidney, we had an organ transplant. We want to know if you had a transplant within the last two years or have you taken medication and you had a transplant years ago but you're still taking the medications for the transplant. Here's another one alcoholic drug abuse now that one sometimes get misunderstood. Now if you waken up, you know what a bottle of going to be able to bottle them we do have a little bit of a problem or using drugs or abusing drugs you do have a problem. But if you just have a recreational you know you have recreational drink on occasion, that's not a drug abuse, alcohol abuse. Or if you smoke cannabis, you know, every now and then you smoke cannabis, that's not drug abuse. If you smoke cannabis, every now and then and you only smoke cannabis, we will not rate you as a smoker. These are policies that you can afford to get these policies will no health examination. And if you have diabetes, and I know a lot of you've been turned down for diabetes, or if you have lupus don't give up, I can help you with a life insurance policy. Even if you've been turned down in the past 702-236-2624 702-236-2624. If you have AIDS or HIV, I do have policies that will cover AIDS and HIV patients, people living with AIDS and HIV live a lot longer today than they used to. It's easy to apply for no health examination. Again, my number is 702-236-2624. You can call or text. I'm available Monday through Friday from 10am to 5pm. Or if you listen to this broadcast, and it's your very first time welcome to the show. We broadcast right here at Kaitlyn the 91.5 Jazz and more every Sunday morning, from 8am to 830. Now you may be sitting in the backyard or on the front end, you know it'd be in a living room or you could be in the kitchen having a cup of coffee or you and listening to this program and saying to yourself, I don't have any life insurance. I've been waiting this long. I'm in my mid 60s, I need to get a life insurance policy. My question to you is why are you listening to this program? What are you waiting for? What are you waiting for? You know people that wait and they wait too long. Sometimes you know they help one permit them to get a lot of life insurance. In other words, I'm talking about a whole life policy up to $35,000 today, but however we have policies up to 100,000 and over if you if you can qualify for those policies. Now with health conditions, you may not qualify for the larger life insurance policies. I know a lot of seniors out there need something. Something is better than nothing we can get a policy for you. A final expense life insurance policy, some monthly payment that will fit in your budget. If you'd like to pay the premium monthly, annually or semi annually. We can also set it up you can make payments quarterly, it comes directly out of your checking account, you can select the due date between the first and the 28th of each month. Now, if you have a child that's 17 years or younger, we can add a child writer on the life insurance policy. And it's very affordable for the child writer for the life insurance policy. Now what is the child writer

Unknown Speaker 10:19
at adds on additional life insurance on your children to 17 years or younger? For for very affordable costs. There they are an attachment to your life insurance policy. Of course, there is no health and examination involved when it comes to children and child writers. And also if you need some accidental death, accidental death, some people cling on to that accidental life insurance policy, we can include accidental death. Now the nice thing about my policy they offer, you get the underlying life insurance policy up to $35,000 in Whole Life coverage. And we'll add on the accidental death benefit enhancement. Now the accidental death benefit enhancement, it also covers car accidents, you have to understand if you have an accidental only life insurance policy, it may or may not cover car accidents, cars carry their own car insurance, we have you bodily injury, your medical, your uninsured and underinsured motorist. These are bodily injury, medical protections on a car insurance policy. If you have uninsured motorist, or medical now all of us that have car insurance have the bodily injury property damage covered on the on the auto insurance policy. But you know, but if you do have an accidental only life insurance policy, it doesn't cover natural causes. Most people pass away of natural causes is very few incidents where I see people passing away. And an accident is you know, sometimes people do pass away in a car accident. But it's very rare when someone passes away to have an accident. And the life insurance policy pays out, I'm just telling you like it is I mean an insurance agent since 1996. I'm proud to say that I love what I do, and I love to meet you. My number is 702-236-2624 702-236-2624. We all we also have a family support service for the funeral consumer Guardian society. It's an independent organization dedicated to helping funeral purchases to get a fair deal. Now what does that mean? When you go to the funeral home, you're very vulnerable. And we all are because you want the best for your loved one. And when you find out how much all that cost, the expense, you want to pick out the nicest casket Oh, my dad, I want to pick out a very nice casket for my mom, my dad, I want to bury my parents side by side, you know, you have to buy a double ply to know you know if that's needed at the time. Or you can stack family members to save money. A lot of people don't know that. But you can stack family members one on top of the other to save money. But when it comes to itemizing, what it costs to bury a loved one to date. A lot of people are shocked financially right now a lot of people are hurting because the cost of living has gone up, we often have felt the effects of the cost of living and going up. But what happened now, with the cost of living goes up. Now you have to pay for a funeral. You go to your family members as in and they go to it turned they turned to you and say I'm sorry, I don't have any money. You may be the one listening to this program right now responsible for taking care of your senior loved ones final expense, or what happens if you have an untimely passing of a young person in your family? What happens who has to pay for it? If you have a young child, or you have a child I did. It's kind of in the streets a little bit. You know what I mean? Some family members have people out there and they in the streets, they have a drug problem. We need life insurance on that individual. You can get a life insurance policy on that individual. We can make you a power of attorney. So you can get a life insurance policy on an individual. They cannot borrow money and guess the life insurance policy. Because we got to make you the owner, the payer and a premier benefit beneficiary. We have a team member Her name is Christine Barnard. She can help you get getting a power of attorney. That way you are the owner of the life insurance policy you got to pay on it. You can make any changes you want to the policy. Now the person that's insured cannot call a life insurance policy. And say I want to borrow $2,000 against the policy once the cash value has accumulated on the life insurance policy because the whole life benefit. The whole life insurance policy does have a cash value asset. In other words, when the policy is built up over time, you can borrow money against a life insurance policy. Now if you're the owner of your own life insurance policy, and sometimes you know you get in a position where you need to borrow So money, and you've had your life insurance policy for quite some time. And that's what it's there for. Now term does not carry any type of life insurance, cash value at all. Sometimes I get calls people say I have a term policy, can I borrow money against my term policy? No, there is no cast asset, when it comes to term. Now term is straight death protection, as a lot of life insurance for low cost. Now, we have a universal life insurance policy that you may have had for quite some time, and you have borrowed money against a life insurance policy, you want to make arrangements to pay that loan off, you want to contact the life insurance company, and say I need to make a separate payment, monthly separate payment to pay down on your life insurance loan. Because those loans need to be paid off. If you don't pay your life insurance loan off, it could add up. And it could double every seven years. I've said this before on my program. But I've had people contact me within the last couple of weeks, and told me they have borrowed money from the life insurance policy. And right now it's been, you know, a while since they paid on it, and they realized that the payment has the money they borrowed against the policy that the policy loan has doubled, has doubled, because it's been over seven years. And while I continue to make my normal payment, I haven't paid anything toward the loan. And I heard you talking about it on the radio at 91.5, jazz and more. And I need to make arrangements. So sometimes even, we need to take you out of that policy, get a cash settlement from that policy, start a brand new policy for you. There's a lot of moving parts with life insurance, I can help you make some final decisions. Protect yourself, your family, you know, today is, you know, the days coming up here as the holidays. But you know, life insurance is a gift of love. Now you can tell your family members, I just opened up a life insurance policy I made you the beneficiary of $100,000 ROI, like we're talking about today, a $35,000 life insurance policy. Now I'd rather have that benefit as a Christmas present than somebody going out and buy me some ties. Or you know, some socks or something I'm not going to wear or ugly, you know, ugly, ugly sweater. But think about it. Think about a life insurance is a gift of love is telling you family members that I care enough about you. Even if I'm not here, I want to make sure you're financially secure. That's all it is. It is financially security, financially security, because when you go to, you know, to the funeral home, and people just don't pop into the funeral home just to see what's going on, see what's new. You only go to the funeral home when you absolutely have to.

Unknown Speaker 17:46
And people want to you go to the funeral home today, you're absolutely shocked on what a funeral cost today. Believe me, I know I pay for, you know, some funerals. I pay for a couple of funerals. And it's very expensive. It's very expensive. I pay for a funeral back in 2011. It was well over $15,000 back in 2011. And I pay for a funeral back in 2018, January of 2018. And it was over $23,000. This is my own personal experience. But I had life insurance policy on my loved ones. I'm an insurance agent, I have life insurance policy on myself too, as well. So when I pass away my mortgage next of kin won't have any worries. Taking care of my final expense. I don't not only come on the radio program, and I talk about life insurance you would usually get I also have it all myself. I cannot imagine not having life insurance. It just makes me feel very uncomfortable. Knowing that any day something can happen to me. And I don't have any life insurance and what am my family supposed to do? What is my family supposed to do? Now what I've done, I've added my my home, I have my life insurance policy, my trust everything together. And I've told my loved ones where all this information is. So it makes it very easy for them. Now do you know people that you know pass away, family members go into their home and they tear the house up looking for a life insurance policy looking for the savings account the checking account information. And sometimes you get the chain account savings account information and you don't have access to those funds. You don't have access to those funds because you know that person did not put you on their checking account or savings account. Now that money could go into probate. You don't have any access to it. Now I'm next to Ken now although you bring the death certificate in there. It's still difficult to get that money even if you have a mortgage. So let's take it a step further. If you have a mortgage and let's say one of your parents pass away the last surviving parent passed away. You had they hadn't called they didn't not call the mortgage company and you now you a person they can speak in their behalf. For the mortgage, you cannot talk to them, you know, you cannot talk to them, even if your name is on the deed, this happened to me believing that this happened to me, while my mother in law passed away, my wife could talk to the mortgage company, and I'm just gonna give you, you know, my own personal experience here. My wife when she was living, my wife passed away back in 2018. And that was a funeral I paid for over $23,000 I talked about earlier in the show, I get a little personal sometimes, because this is real to me, I should be real to you. However, when I can't, and when my mother in law passed away, you know, my, my mother in law passed away in 2011, my wife passed away in 2018. Now up to 2018, my wife was taking care of the condo that my mother in law had, she was making paying the mortgage payments, she could contact the mortgage company. And she told the mortgage company that I was also could talk to them and her and her behalf. They said, Okay, no problem. What happened was my wife passed away the mortgage that we had, they sold the mortgage to another company. Now that other that new company that handled the mortgage would not speak to me, because they said, well, we don't have you listed, and the only way you could, we got to talk to you, if your wife will give us permission to speak to you. So when my wife is deceased, yes, my wife is deceased. Well, that's the only person we can talk to or your mother in law was he was she passed away in 2011? What I had to do personally, because my name was on the deed, on the condo, I had to refinance the condo. And he enabled me to make my payments, and also talk to the mortgage company, there's a lot of moving parts, when you lose a loved one, you find out right away what position you are in, which you're not in. Now, this happens quite often, too, as well. Now, if there's a primary beneficiary on a life insurance policy, and they pass away, they'd never replace the primary beneficiary on the policy. In other words, the wife is still living, right. And her life insurance policy, she had the husband on the life insurance policy, he was a primary beneficiary, he passed away, she did not have a contingent beneficiary on the policy. What a contingent beneficiary is, when the primary passes away before the named insured passes away, that contingent beneficiary automatically moves up and the primary position, regardless of how many beneficiaries you have, or contingent beneficiaries, you have, the primary has gone, it was only one primary, but let's say there's two contingent, they move up into primary position at 5050. Or whatever percentage, the insured person may have that those individuals insured has. But what happens when a person pass away, there's no contingent beneficiary, the primary is gone. And there's no beneficiary at all. That's a mess. I'm gonna tell you right now, when you go to the funeral home, hey, here's, here's my mom's policy. My dad was a primary he passed away years ago, who's a contingent would there was there is no contingent, that could be a mess. You don't want that to happen. You want to make sure that there is a primary beneficiary on the policy, what you need to do is just contact your life insurance company, and just get a change of beneficiary form. They can email it to you they can, they can mail it to you, it's very important to have a primary beneficiary on the policy. Now, I've had people said, well, you know, I know my children, you know, they'll take care of everything. And, you know, and hopefully, you know, the all the businesses straight now where they had that conversation with their loved ones and say, You know what, I need to sit down and have a conversation with my children. And this is what's going on. This is my life insurance policy. This is where I keep it. This is my wheel. This is my trust, everything is spelled out. I want you know, and there's time to when family members are arguing with each other because some family members want to be cremated. I don't want to I want to be I don't want to be in a casket. I want to be cremated. And maybe you know, family members, maybe they Utah one or two family members. You want to be cremated or one family member, you want to be cremated. But the other family members don't know it. And they don't want to cremate you. They don't want to cremate mom or dad or grandpa grandma. They don't want to do it. But these are your final wishes you can put your final wishes down on paper. So everybody know you know what exactly you want. But when you don't do anything, when you just kick the can is I'm gonna wait. The older you get, the more it costs when it purchases like when it comes to purchasing life insurance. There is no valid reason to wait to purchase a life insurance policy. Let me help you take you step by step through the process. It's very easy. You know, it's not invasive. Now if you want a larger life insurance policy $100,000 And up you do have to qualify. But keep in mind you're not going to qualify for a larger life insurance policy. 100,000 And if you have a stent in your heart, you have like a recent history of cancer, or you have heart disease, COPD, you're just not going to qualify for those larger policies. Now with the life insurance companies have done is come up with a policy you can get. It's called a final expense life insurance policy. These policies, some of them are immediately, you have coverage immediately. Some of them they're a modified policy. Now, if you have a modified life insurance policy, they may be a two year wait on your modified life insurance policy just really depends on your health situation. Something is better than nothing. If you have a family member with cancer. And they have a history of cancer. They're taking cancer and they let's say there's stage one, stage two cancer, we can give them a life insurance policy. Now you currently stage four cancer, and you have less than one year to live, then you need to make funeral arrangements you really do. You really do. Because I've had calls. People said, Well, you know, my dad only has six months to live or less, can we get them $100,000 life insurance policy, it does not work that way. Now, if you call me and your dad has stage one cancer, and you know he's taking his cancer medication, or your mother has stage one cancer and she's taking her cancer medication, and she has more than 12 months to live, we can get her a modified policy up to $15,000. Now, you may say that to yourself, well, that doesn't sound a lot. But if you you need more, we can get one company at 15,000, maybe another life insurance company for another 10,000 or, or another 15,000. There's ways we can make it happen. My name is Dawn Marquez. This is your insurance connection. My contact number is 70223626247022362624 located on the corner of Sahara Rancho, in the US bank center located on the eighth floor, my business hours are Monday through Friday, from 10am to 5pm. Let me help you take you through the easy step process. You know, you pay for the life insurance directly out of your checking account. You select the due date between the first and the 28th of each month. Let's say you get paid on the third Wednesday of the month you your Social Security check comes in on the third Wednesday of the month. We can make arrangements, the life insurance company you pay them you don't pay me when you come to see me there's no no no broker fee, you don't pay me any money at all. To come and see me. We set you up directly with through your checking account. With the life insurance company. You pay them direct any questions or concerns, you call them directly. Now you can always contact me and I can help you step by step process. But for any changes, like for instance for an example, if you change checking accounts, now the life insurance company will not know that you would have to contact them and let them know you change checking accounts. I've had people say well I change checking accounts don't they know it? No. How would they know it? How would they know it? Even if you have a child your grandchild and they're 17 years or younger? We can put them on a final expense life insurance policy. My name is Don Marquez, this is your insurance connection. 702-236-2624 702-236-2624 is my contact phone number. Even though you could call me or you could text me at that number. My email address I'll give it to you is Donald dot Marquez that's m a r QU easy@outlook.com donald.marquez@outlook.com. I'm available I'm here to help you. We offer auto insurance homeowners renters, motorcycle boat insurance and Yes, life insurance. Keep it locked. Right he had K und 91.5 Jazz and more we have to educate and talk shows that you can learn from and of course our music is nonstop, right? He had 91.5 Jazz and more. You know enjoy your day. It's going to be a beautiful day right here in Vegas. We have football, you know soccer is going on as to as well. And you know it's a lot of things happening in this city. People are out shopping you know, have you spending money on presents. You know, just imagine spending money on a life insurance policy. It is a gift of love. Again, my number is 702-236-2624 702-236-2624 Located conveniently located in the heart of a beautiful city, Sahara Rancho, right across the street from the palace station hotel in the US bank center. 702-236-2624 You guys have a lovely Sunday morning and the rest of your day. Enjoy your day. Get out take a walk, you know enjoy this beautiful fresh air that we have. Until next week. Just keep it crispy. Thank you for listening

Unknown Speaker 30:00
Have you ever been listening to a paid program sponsored by your insurance connection? Please be advised that the voices and opinions you heard do not necessarily represent the views of K u and v Las Vegas, the University of Nevada, Las Vegas or the Board of Regents of the Nevada System of Higher Education.

Transcribed by https://otter.ai