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.

Unknown Speaker 0:41
Good morning, Las Vegas and all the surrounding communities. My name is Don Marquez, this is your insurance connection, we broadcast right here at K u and v 91.5. Jazzy, more Sunday mornings from 8am to 830. Welcome, welcome. Grab a cup of coffee, tea or whatever your favorite beverage is. A lot of a lot of great important news in the insurance business. always hear it your insurance connection. I from time to time I do go visit a funeral homes to get a price sheet to keep up with the cost of rising cost of funerals today, oh my goodness, the cost of funeral today are rising at an alarming rate to bury a family member today is extremely expensive. And I talked to owners at the funeral home and they tell me the cost of them doing business is also a has a price is also has increased. Now, in some of these, most of these funeral homes in our valley, are full to capacity. In other words, if you're trying to get your family member if you if you lost a family member, and you're trying to get a quick burial and it's almost impossible to do that, I mean, their their turnaround time is anywhere from three to four weeks. They're just that backup because of the virus. But you know, it's difficult to lose a family member. However, when you go in the funeral home, and you sit down and talk to these individuals that that are you know, that help you through the process, while you're grieving loss of a significant loved loved one family member, you know, they're in business to make money. That's just me just can't tell it like it is they're there to make money. Now, of course you're grieving, and you probably want to all the best you can afford to for your loved one. And they sell it to you Allah carte, you know what, oh, you want that casket cost you this much money, Oh, you want this gravesite cost you that much money. And that's the end of it. When they figure it all out? You say to myself, my God, I'm gonna afford to pay for all of this. And if you don't have life insurance, how are you going to pay for it? If your family members tell you stories like well, you know, I don't want to talk about it right now. Or, you know, I don't want to, you know, let's just let's talk about it at a later time. You know, they always put it pushing it away. They're always put, you know, I don't want to talk about it, let's procrastinate a little bit more and a little bit more in the years go by, they go by fast, you know, two years ago, just went by in a blink of an eye. And we're in 2022. Now 2020 was just here just, it felt like yesterday to me. But now you procrastinate. And now you're getting older, maybe your health condition may have changed, but your insurance is based on number one your age, whether you're a smoker, nonsmoker, your health, you cannot not afford to have a life insurance policy. With the rising cost of funerals today, you cannot afford not to have a life insurance policy. And don't think you can afford it your family members cannot absorb this debt. You know, the transferring of wealth is one thing but the transfer is dead is devastating to a family a funeral costs on average today 15 to $18,000. To bury a loved one. Now let's multiply that by you know, three, because the average debt is occurred about 45 to $60,000 per hour. So, we can times that by three because now you have to take time off and work of course, you know, you have to you know make arrangements you have to buy headstone and that can cause who knows what that could cause opening closing up the grave site. You know, you got to buy clothes for your loved one you know or put clothes out of the closet. You have to you know in foreign people and if you don't have a life insurance policy, yes, these companies take Visa, MasterCard, American Express, they take all your cards but now you're gonna max out your credit cards. And now you have to close out your loved ones the state you know it you know that furniture is in the house, maybe even a credit card bill you might have to pay a car payment. You may have to pay car insurance. Maybe you have to pay rent, you might have to pay a mortgage. These costs continue to add up that's what So you want to time's the funeral by three, by the end of closing ones that stayed out, you probably spend close to anywhere from 30 to $45,000, on average. And you know, I hear men say, Well, I don't care, you know, I'm gone, what do I care? You should care. Because your family's death with the debt that you don't care about. You know, this is a gift of love. Life insurance is a gift to love. It's like a savings account, when you put money into a savings account, it builds up, when you purchase a life insurance policy, whatever the face amount may be, just like you're buying money, that's what you're doing. So you go in and you buy $100,000 life insurance policy, right? You just bought $100,000 worth of life insurance, and you're paying a minimal amount a month toward that $100,000. It's like a savings bond. When you buy a savings bond, people don't buy Savings Bonds like they used to. But savings bonds are pretty good. I mean, you buy a savings bond for face amount, you pay into it, and I think it doubles every seven years or the face amount is valued every seven years. Just like life insurance, you buy a life insurance policy, $100,000 policy, you just bought $100,000 worth of security, to protect your family when the day comes. And don't think it's ABA, you know, I can't afford it. Or if your health is not, you know, qualify, it doesn't qualify for $100,000 life insurance policy, we do have other options. If you look over that final expense life insurance policy to cover that service would a little money left over to take care of other expenses, we can help you with a life insurance policy, there is no health examination to apply just a few easy questions up to $35,000 in coverage. Now, you may say that's not a lot of coverage, it is it'll pay for funeral it'll leave money left behind. So loved ones can take care of other expenses, and they will have other expenses. Again, I mentioned rent mortgage car payment car insurance, leaving the utilities on, I mean, or if there's a spouse left behind. And most cases they are a spouse left behind there may be credit shared credit cards you may have to pay off. When you have a credit card with your with your wife or your husband or your significant other and you own the account together, you will be responsible to paying that debt off. Now if you separate all your credit cards. So your wife has her own credit cards, and the husband has his own credit cards at time a loss when you lose a loved one. And let's say your husband had credit cards in his name only. And you would just say authorized user, you know and then run your credit to to put you on a credit card then you don't owe that debt. You don't owe that debt. But if you had shared debt on a credit card. In other words, both of you are on the credit card together, that debt continues to you. One of the leading causes of bankruptcy is because because one lose a member of the household that significant death occurs, you know, passing of a loved one occurs and now you have to file bankruptcy to continue your life. My name is Donna Marquez, this is your insurance connection. My number is 702-236-2624 702-236-2624 For more information, you can contact me we can sit down and talk about your current insurance if you have life insurance, no obligation life insurance reviews, is this important. Yes it is is 2022 Let's move forward. Let's take care of business early in the year so the rest of the year you're on cruise control well find a policy that will fit in your budget it is not impossible you know we spend money on going out buying drinks on the on the strip going to these different shows oh my god with the shows cost today

Unknown Speaker 8:59
you almost have to finance the shows I've never seen anything like this before in Vegas. I was born and raised in Vegas shells used to be free we used to get comps for shows comps for dinner and now those days are long gone I'm pretty sure he's still gonna get him the comps but you probably have to you know gamble a lot of money to to get a comp but back in when I grew up it was nothing to go see a show and he you know and then allow shows were everywhere you know the the lounge shows were better than the main attraction whoever was top billing that's a hotel we used to go see the lounge shows and they were free to drink minimum but that those days are gone but when people go out to the you know to the casinos put money in a slot machine play bingo Keno bet on the games, you know that's a lot of money you span over time. Or if you smoke, you know here's another one I get very few smokers contacting me I don't know why. But if you smoke a cigar we won't rate you as a smoker now if you go smoke a cigar on occasion Jim will not read you on us as a smoker on a up to $35 whole life insurance policy. Now if you smoke cannabis, which is legal in the state of Nevada is not a federal law, but it is a state law. You can smoke cannabis but will. And if you only smoke cannabis, we will not rate you as a smoker on a whole life policy up to $35,000. Again, there's no health examination, or just a few good health questions. A one page application most people qualify even with health issues. If you have health issues, you can qualify for an example if you have diabetes, lupus a history of cancer, a stent in your heart if he on blood thinners. If you have liver or kidney problems, dialysis, the list just goes on and on. I have a life insurance policy for your loved one. If your loved one has dementia, organic brain syndrome, Alzheimer's, we can get them a life insurance policy and they need life insurance. If you've been turned down for life insurance, don't give up my name is Donna Marquez, this is your insurance connection. My contact number is 702-236-2624 702-236-2624 I work by appointment, my location is on the corner of Sahara and Rancho. In the US Bank Center, located on the eighth floor 702-236-2624 funerals costs a lot of money. They do I mean, the rising costs of funerals, and I've talked to these funeral owners directors, you know people that work in the funeral home. And again they store bodies and it costs money to store bodies today, you know, they they do charge a fee some of these funeral homes and so if you can't pay it right away, if you can't pay what they're asking to bury a loved one because you don't want your you know, if you don't want your family member cremated. You know, these, these funeral homes do charge a fee. Some of them can charge a fee to store their loved one's body and then accumulates every single day. While you're, you know, getting the money together. Whatever means you know, I've heard people doing some strange things to raise money to pay for a funeral. You know, cooking dinners, selling dinners? Really does that work? washing cars who wants to wash your car? To wash 15 to get $15,000? At $20 a car you have to wash 750 cars. Ladies, can you imagine what your fingernails gonna look like after washes 750 cars at $20 a car? That's a lot. A lot of cars most car washes don't wash 750 cars, it will take them at least a week or two probably wash 750 cars. Can you imagine that trying to raise money. GoFundMe you know it's a lot of people out there that that abuse GoFundMe. And there are people out there willing to give money to a worthy cause to help others out. But you know, there's a lot of people who this GoFundMe, they go on GoFundMe. And you know, it's a lot of scams out there. We know that that is not an answer. Okay, you have insurance on your job. That's fine. But what happens when you retire? A lot of those benefits go away. Or or your need onion, and you retire and you don't continue paying your union dues. A lot of those benefits go away. That fine, I'm finding this out because people say Oh, well, I'm in the union, you know, the union gonna take care of me. But that's at a minimum. Now, if you don't continue paying union dues after you retire, you could lose those benefits. If you're a postal worker, you know that they do offer insurance for postal workers through the government. But as you get older, the face amount of these policies reduce as well as a veteran, you know, I've heard that say, you know, the VA will take care of me. I'm also a veteran. I joined the Air Force when I had back in the day. I was in the Air Force. I'm a veteran. I've seen these policies they offer veterans and their backhand loaded. What I mean by that is when you purchase a policy from the Veterans Administration, they are very low cost up front, but they get very expensive on the end and they reduce as you get older. Now they only offer a term product. Term insurance. That's it. Now as you get older, that policy gets extremely expensive. It gets so expensive, where you most people will just let it go. But you've paid a lot of money into it. But you can easily get upset because you were covered during that time. You know, I suggest when people are looking for life insurance, every one is different. I suggest you contact me. We can sit down and make sure we customize a life insurance policy that number one fits in the budget and your budget and it is right for you. I want to make sure if you do get a life insurance policy it will carry you for the rest of your life. Now if you don't need a policy to carry For the rest of your life, you need something, a lot of insurance for low cost. Because you have a young family, you mid 30s, you have a couple of kid children, you have a wife, you just bought a house, or you're trying to buy a home, we can have a policy, we have a policy for you, for you too, as well. But every child you have, you should have at least a minimum of $100,000 per child

Unknown Speaker 15:22
$100,000 per child, you have three children, you need a policy, at least $300,000 minimum. Now on your job, they I know they offered three times your salary. Now if you make $100,000 a year, that's three times your salary, you're covered, you're good. But if you don't have that option, if you only make it like maybe less than $50,000 a year, and your employer offers you three times your salary you're paying for that you're paying for that you do have other options, you can contact me at 702-236-2624 702-236-2624 employers, they charge you for that insurance, you're out to you or you're at a group rate. But if you and your young 30s, or even your young 40s with a young family, we can help you get a policy other than work, we can get set you up with a 30 year term policy. You have the young children, yeah, $500,000 each child, and it's affordable loans, you're healthy, you can afford it. You cannot afford not to have this coverage 702-236-2624 We can get you a policy up to 85 years young after 85. Because I've had people contact me say Well, can I have a loved one and 87? Why would you wait to 87 to call me for life insurance. Now at 87 and game over, game over 85, you can get a policy up to 85 years young, you know, we'll find a policy for you. If you're experiencing your life insurance policy going up. And you don't quite understand why every year on his anniversary is going up. You know, we need to sit down and have a conversation. Let's see what we can do. I've helped many families come out of unique situations, I've had families come to me and say you know what, I borrow money for my life insurance policy. Now my dad is up to $16,000. I don't know what to do. Because the debt keeps accumulating every seven years it gets doubled. And you know, so the data is there. And what should I do people panic, they you know, sometimes we can just pull them out out of that policy altogether. We surrendered the policy, put some money in your pocket, it gets you a brand new life insurance policy, and the debt is relieved, you don't have the debt anymore. I've had many I helped many families get out of these types of situations where they have borrowed money, they didn't pay the money back. And what happens to this happens a lot when it you know, you lose a loved one. And you find out your dad or your mom already gets a life insurance policy, and they haven't paid the debt back. Now we're going to the life insurance company is going to do is minus the debt from the face amount of the policy. Okay, they minus the debt. So if you have a $20,000 policy, and you borrowed $5,000 on your life insurance policy, and that's what you owe, right? plus interest, maybe the interest is another let's say $2,000. Now you love 107 $1,000 against a $20,000 life insurance policy. Now the benefit is only $13,000. If you've had a borrowed money against your life insurance policy, what you should do is contact your life insurance company and say, You know what, I make my premium payment every single month, I need to make a separate payment to reduce the loan amount. Now, they don't tell you how much you need to pay back. But you can always figure out you know, in a timely manner, so many months to pay this loan back, you should pay it back, pay something toward it, you know, a minimum amount, whatever you can afford to pay or toward a 1020 $30 whatever you can afford. I mean it just whatever you can afford, just pay something towards that loan as a separate payment. That way your loved ones are not devastated because now you've borrowed all the money against the policy because somebody's life insurance policies, the interest rate on these loans, about 8% on average per year, and every seven years that loan could double. So you can start off with a small amount of money borrowed a couple $1,000 And you haven't paid it back and 14 years that 2000 On the first seven years, Tom comes a 4000 and under second, seven years, which is 14 years, you know that 2000 That 4000 Now is $8,000 It's called a rule of seven that happens all the time. And people don't understand wow, you know, I only borrowed $2,000 But now Oh $8,000 Yes, you do. This is why it's important to get a life insurance review. No obligation. We can sit down and if we have to. We can pick up the phone. I'll pick up the phone, call your life insurance company and find out exactly where you are with the law. Life Insurance. I really do. I do many reviews. Most people that come see me I would say eight out of 10 people has have purchased the wrong life insurance to protect their families. At your insurance connection we offer life insurance, home, auto, boat, and motorcycle insurance. If you have a boat, and you know and you need insurance on your boat, we can cover your boat. If it's on the lake, they will require at least $100,000 in liability protection to protect you and others that's out there on the water

Unknown Speaker 20:31
at Lake Mead, or wherever you take your boat, but they know most lakes when you put your boat on the lake, they require like a boat lake like Lake need a they require you to have $100,000 liability protection out of Lake Mead. Now if you ever motorcycle in my this motorcycle season right now, you see a lot of bikers on the road, you know week end, if you look in the shop for a motorcycle insurance to compare rates at your insurance connection, and I am a broker, we can shop for you for motorcycle boat insurance. And if you have a classic car, a lot of people are driving their classic cars because the weather is nice. You know a lot of these old school cars they don't drive them in the summertime too much because it's hot. And some of them do have air some of them don't have to add on work that will and old schools unless it's been a lot of money to modify their air conditioning units, but you see a lot of old school cars on the road today, you need classic car insurance on your on your old school classic vehicle. You do you know you know you have a 50 you know in the 60s or even the 70s vehicles, even up to 80s. Like you know, like 80 to your 82 vehicles over 40 years old. You need classic car insurance. If you have your classic car and you spend a lot of money in your classic car I know you do. I know who it is I built a few classic cars in my day, I know I goes those cards used to be like three or $4,000. Now you can even buy them for three or $4,000. And then the parts are extremely expensive. So now you have an investment about $30,000 in your classic vehicle, but you have them on your regular car insurance policy liability only if your car is stolen, or if it's damaged, you get nothing for it for your investment. It is better to put it on a classic car policy that separate or you can also do what we call a stated value or an agreed value on your current auto insurance policy. You could do an agreed value a stated value to bring up the value of the vehicle. The coverage just in case there is a loss. You know, classic cars getting corrected as to as well classic cars get stolen, they get vandalized, you know, because they're unique cars on the road. And sometimes people you know, you put all the money in your car and you drive your cars, you know to a park or the grocery store and you come back and it's gone that you know that's heartbreaking. That is that has happened to me. I had a 1997 GMC you know two door you know truck and with the barn doors in the back. Oh my goodness broke my heart. Somebody stole my truck. I don't know where it is. But you know fortunately I had a stated value on there or an agreed value with the value of my 97 GMC was worth anything. I waited a long time to buy that truck I finally bought it and I was so proud to have my my my dream truck I call it my dream truck and I drove my truck everywhere but someone wanted to truck more than me and they stole it but I was compensated by the insurance companies because I had an agreed value on my truck. You can do the same thing. My name is Don Marquez, this is your insurance connection. For more information. My contact number is 702-236-2624 702-236-2624 located on the corner of Sahara and Rancho in the US Bank Center. I work by appointment 702-236-2624 My business hours 90. I go to work at from Monday through Friday from 10am to 5pm. And a lot of times too I can do a lot of business over the telephone you don't have to come in, you know with the virus. People want to be safe and they don't want to come in. We can do business on the phone and not be face to face especially when it comes to like auto insurance, renter's insurance, homeowners insurance. We can handle all that business right over the phone for you get it done quickly. And we can shop for rates auto insurance so we shop for rates all the time for auto insurance companies. There are some companies out there are going up. The rates are going up because look at our Valley people getting into car accidents and my condolences go to the families of lost loved ones in that horrific car accident. You know nine victims nine tragedy sad it is truly sad. We have to slow down. We have to slow down stop driving and texting. I see it all the time on expressways. People are texting and driving you Almost distance you cover when you texting is not that important? It's not. And most cars today even just, you know, push a button and you can call the individual but you don't need to text and drive. Don't do that, we need to stop that. Or you know, picking up the phone and dial in numbers. Here's another thing too, you dial in numbers and driving 70 miles an hour going down the road. A lot of these accidents are rear end collisions. Rear end, collisions are one of the leading causes of people getting hurt. You hit people in the car, they go, you know, they go file a claim. This is one of the reasons why rates go up so much in Las Vegas, we pay some of the highest car insurance in the in the country. We're like the fifth highest when it comes to car insurance. So if you just you know, just move to Las Vegas, then you think the car insurance rates are lower here, from where you came from, in most cases, our insurance, auto insurance rates gonna be a lot higher. If you came like I came from the Midwest in the Midwest rates were not bad. But Vegas is a it's an eye opener. It's eye opening when you come to Vegas, and you know, all of a sudden you found out what the car insurance rates were. And I'm talking to people they come to me I know, you know, I'm not paying that much. And then they go shopping. They're like they come right back to me as Oh, you know, you had a better rate than I thought you did. You find out quickly. He found out quickly. But if you go online, you put all your personal information online and you receive a lot of phone calls. Well, you put it all out there. Whether you're shopping for auto insurance, homeowners insurance, renter's insurance or life insurance, you're going to receive a lot of calls when you go online that just because they see your information, it goes to a network and it goes to all these insurance agencies all over the country. And you're going to receive a lot of calls. When you contact me at 702-236-2624 Do not share your information with any other companies is personal between you and I, we select a company, that company you're going to communicate with, you're not going to receive a lot of calls from all over the country, people calling and that call you for weeks. They call you for weeks after you've purchased insurance, whatever the product may be, they still calling you. Well, we have a best rating you know, to give us a chance to give you a quote and you're like I'm in Utah to answering your phone. You want to relax Utah to answer your phone. My name is Donna Marquez, this is your insurance connection we broadcast right here at K u and v 91.5. Jazz and more Sunday morning from 8am to 830. We got more programs coming up music you know I mean it's the programming is amazing on Sundays. You know, it's a lot of variety of programming here at KU v 91.5. Jazz and more Go Rebels. I was I was given the opportunity to go see the rebels that we beat Reno. I finally went to a replica game and they won. I think it was my first one. But you know I love coming here K u and v 91.5. Jazz and more. I keep it locked on the station. I listened to the jazz the variety of music, you know, we still have to be saved. There's viruses out there. Like I said, I traveled to different funeral homes and I talked to the funeral directors and it's very concerning very alarming all the people they have house waiting for the loved ones that come up with the money to bury their loved ones. You know, Donald let that be you. We can get you a life insurance policy. We can shop for the auto insurance at your insurance connection. I'm a licensed broker right here in the state of Nevada and also California 702-236-2624 702-236-2624. Enjoy your beautiful Sunday until next week. Just keep it crispy. Thank you for listening.

Unknown Speaker 29:00
You have 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