Text 408-854-1883 to be assigned a field underwriter near you to protect your mortgage loan and your family should you die with a mortgage life insurance.
Level and graded life insurance
A graded benefit policy is one that pays a lower amount if death occurs during the first few years after the policy is purchased. This is a technique used by life insurance companies to reduce the cost of policies for less healthy individuals who are already seeking guaranteed issue coverage.
It is a life insurance policy for individuals who are in less-than-perfect health. If offered, the graded insurance life policy allows someone who may not normally qualify for insurance coverage to obtain a permanent plan of insurance.
Graded Premium Whole Life Insurance. A form of modified life insurance that provides for annual increases in premiums for a constant face amount of insurance during a defined preliminary period, with the purpose of making initial payments more affordable.
Level-premium insurance is term life insurance for which the premiums are guaranteed to remain the same throughout the contract, while the amount of coverage provided increases. … The most common terms are 10, 15, 20 and 30 years, based on the needs of the policyholder.
Top Final Expense Insurance Companies and Fixed Indexed Annuity
Most of these companies uses Single Issue Whole Life Insurance with no need for medical tests, but must answer some health questions.
Americo
Mutual of Omaha
AIG
Athene
Prosperity
American Amicable
John Hancock
Transamerica
Royal Neighbors
CFG
Global Atlantic
Forresters
Notes:
Final Expense Insurance plan uses Single Issue Whole Life Insurance Plans
Text 408-854-1883 or email connie@connielifeins.com for questions related to life insurance, final expense plan for burial or funeral expense, fixed index annuity, mortgage protection life insurance and others.
Pacemakers
Those with Pacemakers can still avail of a final expense insurance plan. 4 other companies will not offer the plan (CFG, Forrester, Mutual of Omaha and Americo). Others will offer at lower death amount.
How to avoid heart disease: Eat more cooked veggies, walk more, sleep at night, warm drink of ginger and garlic. Use vinegar salad dressing.
401k to annuities plan worksheet
Gather your current financial plan and evaluate your retirement goals. Do you think you will outlive your savings? If yes, text 408-854-1883 for our field underwriter to show you a plan. Do review your current plan with your family, advisors and other pros. Fixed Index Annuities are savings you wanted to keep for at least 10 years and then start withdrawing them and have a lifetime income with death benefits and other benefit riders.
Qualify for a state regulated mortgage protection plan
As a homeowner, you may qualify for a state-regulated mortgage protection plan that protects your home and family in the event of an unexpected tragedy. No physical exam needed. There is a low cost option plan that you can choose from depending on your budget.
The mortgage protection plan, text 408-854-1883, includes the following benefits:
- Disability
Pays your mortgage payment if you cannot work due to illness or injury. - Critical or Terminal Illness
Provides funds directly to you if you are critically ill. - Death: Pays off your mortgage or equity loan balance in the event of your untimely death.
- Return of Premiums.
Refunds 100% of your premiums if the benefits are not used by the end of your policy.
Protect your mortgage payment with term life
Mortgage Protection using term life insurance (decreasing for 15 yrs until loan balance is fully paid)
HMS Plus Payment Protector is decreasing term life insurance from Americo Financial Life and Annuity Insurance Company, designed to help protect your mortgage payment in the event of your death. The death benefit is paid to your beneficiary in monthly income payments.
A 63 yr old female has a loan balance of $42k and wanted to protect it should she die. An accidental benefit rider in this plan doubles the amount of death benefit. A monthly premium of $55.27 with death benefit of $41k allows her family enough time to plan for keeping or selling her house upon her death.
A 36 yr old saves $100 every month for her retirement
A $100 per month saved and paid as a premium for an Index Universal Life Insurance ( IUL) plan can yield good retirement money for a 36 yr old female with death benefit of $300,000. In this plan, there is a flexibility to save more each month on top of the monthly premium.
My son is saving at 2% in his credit union because he wants to help his sister move to another city. Do allocate around 5-10% of your income for a cash accumulation IUL or other retirement plan early on, to allow enough time to grow at 8% or higher rate with no downside market participation.
My daughter saves her money for a house at age 24 and had been going to thrift stores most of the time. As a teacher, she still can buy school supplies for her students as an art teacher.
Here is a sample quote for a 36 yr old female with death benefit of $300k:
https://www.mutualofomaha.com/advice/video/an-example-of-how-iul-can-work
Single Issue Whole Life as Final Expense Plan
The following is a sample quote Single Issue Whole Life Insurance for Final Expense from Mutual of Omaha, Living Promise, for a 63 yr old female, non smoker who wanted a final expense plan to pay for burial/funeral expense and leave some estate to her 2 children. Death benefit is $40,000 with monthly premium of $141.26. Health issue: 1 prescription med for hypertension. Healthy weight. Works night shift.
Her goal is to not burden her two daughters should the good Lord calls her. She has been supportive to her family, buying her grandchildren essentials from stroller to clothes.
Working hard during night shift as a CNA in a nursing home, she offers sacrifices to benefit the future of her grandchildren and children.
News.Health.Wealth by Connie
Covid News
Like other viruses, the pathogen causing COVID-19 cannot copy itself. Instead it infiltrates living cells—including those lining the human gut—and enlists them to actively replicate its RNA. Infected patients then shed viral RNA particles in bodily fluids, including saliva, mucus and feces. These end up down the drain in wastewater, where they can be found at levels high enough to be detectable.
Sampling RNA particles from wastewater can help researchers do a few things: For one, they can sequence the coronavirus’s genes to see how various strains mutate and change over time. Such analysis also allows researchers to track the pathogen’s spread, covering all the strains in circulation and peering into their “viral ancestry.” In a recent preprint study, which has not yet been peer-reviewed, microbiologists determined that the dominant strain plucked out of sewage in one city in Montana likely descended from a viral lineage circulating in Europe.
https://www.scientificamerican.com/article/to-spot-future-coronavirus-flare-ups-search-the-sewers/
Health
As preventative measure, do drink ginger, garlic, cayenne pepper and add powder of activated charcoal, Vitamin C and Zinc.
Wealth
Time helps you to be wealthy. Do downsize, be a minimalist and find a more productive activity, focusing on the bottom results. During this Covid times, you can feel uncomfortable selling, but it can bring more money in your bank.
We are always hiring in 50 US states to help older adults have a life insurance to cover their mortgage balance, an accidental life insurance with return of premium for higher death benefit and lowest premium, Athene’s Fixed Index Annuities for safe retirement savings plan, rate of return that only participates in the upside market potential, tax less, fee less, avoids probate and a safe place for your 401k, 403B, to move to.
Contact Connie Dello Buono 408-854-1883 connie@connielifeins.com
Coming soon http://www.lifeinsurance4women.com to tailor all the financial and health planning needs of women who are in charge of other members of the family.
Empowered women help more
Connie Dello Buono Life Insurance services
Connie Dello Buono Life Insurance services serve California and select cities in the USA. A team of agents are present in cities such as Oregon, Nevada, Arizona, New York, New Jersey and other major cities. Our independent Marketing Organization is Family First Life Insurance. We are currently hiring licensed life insurance agents in 50 USA states. Text or email 408-854-1883 , motherhealth@gmail.com after you’ve watched this video:
The Rogue IMO, Independent Marketing Organization
https://youtu.be/Hwz3fTC7PJw
- We broker 17 insurance carriers to serve our clients needs and find the best insurance plan to meet the needs and insurance purpose of each client with varied insurance goals: burial, life, retirement and mortgage protection.
- List of companies or insurance carriers: Americo, Athene, American Amicable, Mutual of Omaha, John Hancock, AIG, Transamerica, Forrester, others
Connie Dello Buono completed her BS in Mathematics at Adamson University, Manila Philippines and started her life insurance journey in 2013. She also had worked in various high tech and biotech companies in the area of Technical Writing, Quality Assurance and Training. She loves to solve problems and believes that there is a solution to most problematic issues in financial planning , especially building estates and protecting assets. She had been helping bay area older adults especially women be empowered about their health and finances. She loves to teach as a former high school science and math teacher. On her spare time, she loves to teach zumba, dance Argentine Tango and Belly dance. You can find her in Santa Cruz beach, Pacifica beach or Palawan , Philippines beaches.
She loves to see women resolve difficult issues in health and finances after divorces, after the birth of their children, and raising them to be responsible citizens, tolerant of various religions, sexes, races and other beliefs. More women care for their parents and young adult children and wanted both protected but forget to care for themselves. She brings a holistic perspective in living in Silicon Valley where she has been in the last 27 years.
Working in Taiwan for 4 years , Philippines for 8 years and Puerto Rico for a short time brought many lessons for her in the area of being flexible to adopt to various environment.
She saw clients and loved ones die in front of her as caregiver and daughter. Some without life insurance to leave and estate to their big family. Some have final expense insurance plan for burial or funeral expense.
Protect your life, estate, mortgage loan balance, retirement savings, health when disabled or bed-bound with life insurance and Fixed Index Annuities.
We serve clients up to 85 years of age.
lifeinsurance4women.com is coming soon
Connie Dello Buono is based in San Jose California. Her first ebook is about women’s health, Birthing Ways Healing Ways and her recent one is about cancer prevention, Curated Healing Ways. She had helped women have holistic childbirth as childbirth educator, founded Motherhealth, to serve seniors in the bay area with holistic caregivers and blogs at http://www.clubalthea.com with more than 10,000 health and finance related posts.
She is California Life Insurance licensed providing life insurance for older adults with health issues and helping women retire safely with income for life.
lifeinsurance4women.com aims to serve all women in the USA , protect their mortgage, life, funeral and burial expenses, retirement income, and whole and term life insurance policies with long term care and disability benefits, cash back or return of premiums.
3 Benefit plans
– Mortgage protection using term life insurance to pay for mortgage balance in event of death
– Final Expense plan using Single Issue Whole Life Insurance, with cash back, disability benefit and guaranteed in the presence of health issues
– Fixed Index Annuity retirement plan for safe, accessibility, less fees, less taxes, avoids probate as it goes directly to beneficiaries, rate of return with no downside market participation.
She brings compassion and understanding to the needs of her clients, bringing holistic approach in health and life insurance. Her goal is to free families from worries especially during covid with caregivers and life insurance in the presence of health issues, especially for women.
She can be reached at 408-854-1883 , motherhealth@gmail.com or connie@connielifeins.com
Why Fixed Index Annuities are better than 401k for healthy seniors
What is your plan if you needed caregivers?
Do you want the choice of where and how you will have care services or
Do you want to depend on care services by Medicare or social servcices?
We have a team of Long Term care agents who can help submit your application for Long Term Care insurance should you answer the first question with a private caregivers paid for by Long Term Care insurance.
Connie Dello Buono 408-854-1883
TSP, Calpers, Retirement account that acts like a life insurance
Tax Treatment of Your Contributions:Traditional and Roth Contributions
You can choose between two tax treatments for your TSP contributions:
- Traditional (pre-tax)-You defer paying taxes on your contributions and their earnings until you withdraw them. If you are a uniformed services member making tax-exempt contributions, your contributions will be tax-free at withdrawal but your earnings will be subject to tax.
- Roth (after-tax)-You pay taxes on your contributions as you make them (unless you are making tax-exempt contributions), and your earnings are tax-free at withdrawal as long as you meet certain IRS requirements.
If you want to make contributions, you must submit a contribution election to tell your agency what portion of your pay you want to contribute and how you want to designate them between traditional and Roth. You cannot convert any portion of your existing traditional TSP balance to a Roth balance.
You can make both traditional and Roth contributions if you want. You can contribute in any percentages or amounts you choose subject to IRC limits and change your election at any time.
If you are FERS or BRS, your Agency/Service Matching Contributions are based on the total amount of money (traditional and Roth) that you contribute each pay period. All agency/service contributions are deposited into your traditional balance.Roth TSP is similar to a Roth 401(k), not a Roth IRA. There are no income limits for Roth TSP contributions.
Email motherhealth@gmail.com for free information about your retirement savings in safe with no participation in market downturns and acts like a life insurance, with disability insurance protection.