Life Insurance Learning Center

Each year Forbes releases a list of its 100 “most trustworthy companies” filled with companies from all industries. We are proud of the fact that Cincinnati Financial, ultimate parent of The Cincinnati Life Insurance Company, is the top-performing large-cap insurance company on three consecutive Forbes’ lists of America’s Most Trustworthy Companies, based on openness and integrity in accounting, governance and management.

We are very happy to highlight our affiliation with Cincinnati Life , and applaud them for this great recognition.

Congratulations Cincinnati Life! Click here to read the official Forbes article.

When Death arrives at least he will bring your family a check.

Most people tend to think of term life insurance as a product for young families who need to financially protect a spouse and/or children if they were to die at a young age, but can’t afford to spend much for a life insurance policy. While this is obviously an important demographic for term life insurance, there is a growing market for term life insurance among a demographic that is often overlooked when it comes to this product. Due to a host of reasons (economic and otherwise) more and more people who are nearing or in retirement are needing and wanting life insurance and, if you are among that group, what you may not realize is that term life insurance can be purchased up to age 80 and can provide coverage all the way to age 90!

So, if you, or a parent, is in the midst of financial, estate, or retirement planning, and you think you are too old to qualify for term life insurance, think again; and run some instant price quotes right from our website to see if a term life insurance policy fits into your financial plan.

Hello VOYA…

The Procrastinator’s Guide to Filing Your 2012 Tax Return via H&R Block

After you have finished with your taxes, do the other thing that you have put off for far too long: buy life insurance to financially protect your family.

Death & Taxes: These two words often go together as the two things that are an unavoidable part of life. But besides being unavoidable, both topics also have to do with money…unfortunately they usually involve losing money. However, there is a remedy that if properly put in place can counteract the financial problems caused by death, while avoiding taxes. It is called life insurance. While life insurance cannot prevent death, it can prevent serious financial problems that often occur for loved ones of the deceased, and it does so on a tax-free basis; that is because the death benefit from a life insurance policy is tax-free.

So, while death and taxes are still an unavoidable part of life, money problems associated with them don’t have to be—thanks to life insurance.

It would be nice if life insurance were only 5 cents. However, you would be surprised how inexpensive life insurance really is. Let’s hope Lucy’s well-known persuasive skills can keep those rates low…but if not, now is as good a time as ever to purchase life insurance.

This can be a common refrain during an economic downturn, whether it is nationwide or personal. After all, going through our bills we try to sift out some things that we are currently paying for but we could get by without. Sometimes we may be tempted to cut or forgo life insurance, seeing it as a luxury that we can’t afford. However, in doing this for short-term gain we may be creating a long-term disaster.

While life insurance usually has no immediate benefit while you are living (and some may therefore view it as a luxury), when you die (especially if it is unexpected) there is perhaps nothing you own that can have such an immediate helpful benefit to your family as your life insurance policy. In fact, if your family is struggling financially now, just imagine if you were to die how much more your family would struggle financially.

So when looking for expenses to cut or forgo during difficult financial times, remember that your life insurance policy may be the one possession you own that could prevent even worse financial difficulties in the future.

In this economy, you can’t afford NOT to have a life insurance policy.

As we approach Thanksgiving Day, we are given a special opportunity—even a National Holiday—to reflect upon the blessings in our lives and the countless things we are thankful for. In fact, many have special traditions on this holiday where they specifically express appreciation for the good things they have in their lives. However, if someone were to examine how we spend our time and money on the other 364 days of the year, what would they conclude we are most thankful for?

While Thanksgiving is a time for food, football, and fun, what likely makes those very activities most enjoyable are the people we are with—usually our family. Additionally, while we are thankful for many things in our lives, probably the most common verbal expression of gratitude and love would be for our families.

Here at CEG Life Insurance Services we are a family-run business that focuses on helping others to actually show appreciation and love for their own families with the gift of life insurance. While for the most part life insurance is simply counted as an “expense”, in reality it can end up being one of the best and most important ways to express appreciation and gratitude for those you care most about. After all, if you are not around for next Thanksgiving, with the gift of life insurance you can at least make sure that your family will still have much to be thankful for.

Happy Thanksgiving from all of us here at CEG Life Insurance Services!

AG 38 is a popular (if not pleasant) topic amongst life insurance companies and agents right now. However, if you are not in the life insurance industry you probably don’t know what it is, and likely would think you have no interest in learning about it (after all, who, outside of insurance agents, wants to sit around and talk about life insurance?). Nevertheless, while you may not care about the particulars of what AG 38 is, you may be interested in how it could affect your family’s finances.

AG 38 stands for “Actuarial Guideline 38” and it is a new requirement that is being imposed on life insurance carriers to carry more reserves for policies that have a death benefit guarantee (referred to as a “secondary guarantee”). These changes will be fully implemented for all new sales, regardless of company, dated on or after January 1, 2013.

In short, what this means for you, the consumer, is an increase in prices (premiums) to obtain a new life insurance policy—once again, regardless of company.

Hence, if you have been thinking about getting life insurance, getting more life insurance, or replacing an old or soon to be expiring term life insurance policy, and if paying less provides any additional motivation at all to do something you already know you need to do, now really could be the best time to act. There is no cost or obligation to go through the life insurance application process. In fact, you can begin the process right now, right here on our website.