Life Insurance

THINKING ABOUT PURCHASING LIFE INSURANCE?

• If yes, you are on the right track. We are an independent agent representing all major life insurance carriers with many years of experience. Our goal as always is to provide you with high quality coverage at the lowest cost possible. We encourage you to read about our various plans available and look over a sample of some of the lowest term rates available in the industry.  Life Insurance doesn’t have to cost a fortune!  We provide a buy online option from one of our carriers:

  ~Or~
   
  You may contact our Life & Health Specialist directly at 504 441-RATE (7283) for assistance in finding the right policy to purchase at no obligation and free of charge.

PLAN FOR THE UNKNOWN

• Every day you make decisions, some that bear more impact than others.  Maybe you’ve become a homeowner.  Perhaps you are married or have a child.  Now may be the time for you to decide how to protect your family and assets for the future.

ADDITIONAL FACTORS TO CONSIDER AS LIFE CHANGES

• Do you have a spouse or are you getting married?
• Do you have dependent children or are you going to have children or grandchildren?
• Did you recently purchase a home?
• Do you have mortgages or investment or commercial property?
• Do you have education funds?
• Do you have a sizable estate to cause estate taxes?
• Do you own a business?
• Do you have aging parents or relatives that depend on you for support?
• Do you have a retirement plan?
• Are your retirement savings enough to insure your spouse’s future against inflation?

DETERMINING YOUR COVERAGE NEEDS

• Most financial analysts recommend a life insurance benefit based on your total financial situation.  According to the Life and Health Insurance Foundation for Education (Life 2006), they recommend an amount based on two variables: 1) The capital needed at death to meet immediate obligations, and 2) The amount of future income needed to sustain the household. Your Dan Burghardt Representative can help you determine the amount of coverage appropriate for you.

TYPES OF LIFE INSURANCE

• Term Insurance – Is the least expensive form of life insurance because it provides protection for a specific period of time, typically from 1, 5, 10, 15, 20, 25, or 30 years. It pays a level death benefit only if you die during this time and depending on your age, most policies will allow you to renew or convert to permanent insurance without a medical exam when the policy expires. Rates will be at attained age.
• Whole Life – Is a permanent insurance with fixed premiums for the life of the policy. Whole Life accumulates cash value at a fixed guaranteed rate, which may be refundable at retirement, borrowed against or used to pay premiums.
• Universal Life - Is permanent insurance that allows you to increase or decrease your premiums and death benefit at various stages in your life. Universal Life is interest sensitive and normally pays a minimum guaranteed rate of return. The flexibility of the death benefit and the premium can be used to fit anyone’s budget, but without the right formula, the policy could lapse if interest rates remain low. Additional premium may be required to maintain in force status.
• Variable Life – Has death benefits and cash values that vary with the performance of an underlying portfolio of investments that you select. The death benefit and cash value are not guaranteed. They can go down as well as up, although there may be a guaranteed minimum death benefit.
• Variable Universal – Combines the premium and death benefit flexibility of universal life with the investment flexibility and risk of variable life.

HOW DO I CHOOSE A PLAN?

• Once you’ve determined how much coverage you need, choose a level premium period of 10, 15, 20, or 30 years, and that’s how long your rates are guaranteed not to increase.
• If you are seeking a quick Life Insurance Quote, and already have a pre-determined need and know the policy type you are looking for, such as term, whole life, final expense, or mortgage life, please complete a quote form or call our Life and Health Specialist at (504) 441-RATE who will get back to you immediately to match the various plans with a budget that you can afford.
• If you have a target amount of coverage that you are looking for, such as, 100,000, 250,000 or 500,000 of coverage we have available 15 A+ Rated Life Insurance Companies to shop for the best rates, such as Metropolitan, Prudential, Jackson National, Equitable, North American, West Coast Life, and more.
• Please review our rate table below so you may come to a quick decision. Most of these amounts can be jet issued in a few days, especially if you are in excellent health and meet standard height and weight tables.

SAMPLE RATES: Certain Restrictions Apply.
$100,000.00 CASH BENEFIT (MALE)							$100,000.00 CASH BENEFIT (FEMALE)
Issue Age	10 YEAR		20 YEAR		30 YEAR		Issue Age	10 YEAR		20 YEAR		30 YEAR
	Non-Smoker	Smoker	Non-Smoker	Smoker	Non-Smoker	Smoker		Non-Smoker	Smoker	Non-Smoker	Smoker	Non-Smoker	Smoker
25	12.60	21.67	22.68	26.51	23.01	38.76	25	11.73	17.68	14.26	20.74	19.16	29.19
30	12.60	23.36	16.63	30.10	24.85	46.03	30	11.81	19.16	14.88	24.50	20.48	35.61
35	12.60	25.38	17.24	34.48	26.86	55.48	35	11.90	21.00	15.58	29.49	21.88	44.45
40	15.66	32.81	22.23	48.30	36.49	76.56	40	14.09	27.65	19.08	38.24	28.44	60.11
45	20.74	32.90	30.36	71.58	52.50	109.81	45	17.41	38.50	24.41	51.36	38.76	84.50
50	27.56	47.60	43.56	100.45	–	–	50	21.88	48.21	32.90	71.58	–	–
55	38.94	91.00	65.10	146.30	–	–	55	28.79	61.78	47.80	104.13	–	–
60	59.24	137.29	108.15	218.31	–	–	60	40.08	87.94	75.25	147.00	–	–

SAMPLE RATES: Certain Restrictions Apply.
$250,000.00 CASH BENEFIT (MALE)							$250,000.00 CASH BENEFIT (FEMALE)
Issue Age	10 YEAR		20 YEAR		30 YEAR		Issue Age	10 YEAR		20 YEAR		30 YEAR
	Non-Smoker	Smoker	Non-Smoker	Smoker	Non-Smoker	Smoker		Non-Smoker	Smoker	Non-Smoker	Smoker	Non-Smoker	Smoker
25	15.20	24.34	26.66	29.15	26.10	41.67	25	13.37	19.86	16.84	22.32	21.61	31.41
30	15.20	26.63	19.36	33.12	27.58	49.30	30	13.18	21.18	16.57	26.05	22.84	37.16
35	15.20	28.83	20.42	37.84	29.68	58.84	35	14.09	23.00	17.86	31.94	23.98	46.54
40	18.34	35.18	25.32	51.03	39.94	79.65	40	16.90	39.67	21.10	40.42	30.24	62.12
45	23.04	33.09	33.63	74.85	55.60	111.18	45	20.14	40.05	26.14	53.63	40.49	86.05
50	30.00	50.06	46.65	103.54	–	–	50	23.86	50.74	34.09	73.62	–	–
55	31.06	94.00	68.01	149.03	–	–	55	30.97	63.87	49.80	106.31	–	–
60	32.62	140.92	111.51	221.13	–	–	60	41.80	89.49	77.50	149.00	–	–

SAMPLE RATES: Certain Restrictions Apply.
$500,000.00 CASH BENEFIT (MALE)							$500,000.00 CASH BENEFIT (FEMALE)
Issue Age	10 YEAR		20 YEAR		30 YEAR		Issue Age	10 YEAR		20 YEAR		30 YEAR
	Non-Smoker	Smoker	Non-Smoker	Smoker	Non-Smoker	Smoker		Non-Smoker	Smoker	Non-Smoker	Smoker	Non-Smoker	Smoker
25	20.02	29.43	31.94	34.51	31.01	46.91	25	18.73	24.68	21.48	27.14	26.14	35.14
30	20.02	31.36	24.63	38.21	32.85	54.03	30	18.81	26.81	21.64	31.74	27.63	42.12
35	20.02	33.38	25.24	42.48	34.84	63.48	35	19.90	28.00	22.68	36.49	25.98	51.45
40	23.43	40.81	30.41	56.30	44.41	84.56	40	21.09	44.76	26.01	45.62	35.42	67.21
45	25.40	38.90	38.36	79.58	60.06	116.98	45	25.41	45.50	31.41	58.41	45.94	91.19
50	35.00	55.60	51.74	108.26	–	–	50	28.68	55.49	39.90	75.24	–	–
55	36.60	99.00	73.10	154.46	–	–	55	35.79	68.21	54.08	111.13	–	–
60	37.26	145.29	115.16	226.31	–	–	60	46.63	94.94	82.05	154.00	–	–

 

WHAT IF I HAVE A HEALTH CONDITION?

• We focus on considering your overall health management so we can offer you the best rate you deserve. Regardless of your current health, weight or age, or whether you are taking prescription medication for conditions such as blood pressure, diabetes, thyroid, stomach disorders, depression, heart condition, and many others, we can find you the best price available that will fit your budget.
• Plus, with our skilled underwriting approach, we are able to determine underwriting classifications on a case-by-case situation, which is important because the classification you receive will determine your premium.

WHAT OTHER FEATURES ARE AVAILABLE?

• Accidental Death Benefit – Pays an additional face amount if death results from an accident.
• Accelerated Death Benefit – This benefit allows you under certain circumstances to receive the proceeds of your life insurance policy before you die, such as terminal or catastrophic illness or the need for long-term care or confinement to a nursing home.
• Child Rider – Certain policies will allow children to be added from birth to age 24 if still single and dependent.
• Critical Illness Rider – See Accelerated Death Benefit.
• Conversion Privilege – The guaranteed ability to convert a term policy to a permanent policy at any time during the duration of the term. No evidence of insurability is required. This option is included automatically on some policies, but not all. Check with your agent.
• Guarantee Issue Rider – Guarantees the future issue of additional life insurance with no evidence of insurability. You are insuring your future insurability.
• Spouse Rider – Certain policies will allow your spouse to be added as a term rider for 10, 15, 20, 25, or 30 years.
• Waiver Premium – If you become totally disabled for a specific period of time (usually 6 months or more) you do not have to pay premiums for the duration of the disability.

WHEN IS IT TOO LATE TO BUY LIFE INSURANCE?

• We can offer three options, Guaranteed Express Issue, Premier Issue, and Five (5) Year Term available until age 80. It’s never too late to buy life insurance, however, as we grow older rates increase with every birthday, because it becomes not a question of “If you die, but When you die”. 
• We are currently able to offer a minimum of $10,000 and a maximum of $250,000 face value to age 80.

 

Sample Rates: 5 Yr. Term:	Female - Non-Smoker - Age 80 $10,000 - Premium $45.17 mo.
	Male - Non-Smoker - Age 80 $10,000 - Premium $63.50 mo.
Sample Rates: Premium Issue Whole Life:	Female - Non-Smoker - Age 80 $10,000 Premium $114.00 mo.
	Male - Non-Smoker - Age 80 $10,000 Premium $169.00 mo.
Sample Rates: Guaranteed Express Issue:	Female - Non-Smoker - Age 80 $10,000 Premium $140.00 mo.
	Male - Non-Smoker - Age 80 $10,000 Premium $174.01 mo.

 

WHAT ARE THE BUSINESS USES OF LIFE INSURANCE?

• To fund a buy/sell agreement - This agreement is used when there are partners in a business, who in an event of the death of a partner, use the proceeds of a life insurance policy to buy out the surviving heirs of the deceased partner, whether it be one, two, or more partners involved in the ownership.
• Key Man insurance - When a key person whose contribution to the success of a business in the form of his skills, abilities, leadership qualities and other attributes would be devastating in the event of his death. A Key Man policy would be payable to the business to replace the revenue interruption until another person could be found, if possible, to replace him.
• Deferred Compensation - An arrangement in which a portion of an employee’s income is paid out at a date after which that income is actually earned. Examples of Deferred Compensation include pensions, retirement plans, and stock options. The primary benefit of most Deferred Compensation is the deferral of tax.

 

10 TOP REASONS TO PURCHASE $100,000 IMMEDIATELY!

• Today you are insurable, tomorrow is always uncertain;
• If you had a goose that laid golden eggs, what would you insure, the goose or the golden eggs?…We insure our cars, homes, boats, motorcycles,  and appliances, etc.  but do we properly insure ourselves?
• You are seconds from eternity many times a day, so act now;
• Today’s lifestyle induces spending not saving, so use life insurance to create a nest egg for the future and emergencies;
• Act now…your premium is based on age and good health, so the sooner you start, the lower the premium;
• You are your family’s money making machine, without you they have no income;
• At retirement, you will need this insurance; You can use this insurance to offser inflation and to increase your monthly income over social security;
• You will be providing immediate security for those you love and for whom you provide, especially paying off mortgages and debts;
• This purchase reflects character, a mark of success and borrowing power from a bank;
• With this purchase you will stand taller showing great self-respect and admiration.

 

AVAILABLE PRODUCTS:

WHY USE “DAN BURGHARDT” FOR YOUR LIFE INSURANCE NEEDS?

• Where can you get instant insurance quotes from many leading A+ rated companies at very comparative rates?  Dan Burghardt shops dozens of insurance companies to satisfy your needs and budget and we can usually make your insurance protection effective in just a few days.
• Why have multiple agents handling your insurance needs, when you can have one agent handle it all?  For professionalism, commitment, integrity, and stability:  Think Dan Burghardt.

WANT MORE INFORMATION ON LIFE INSURANCE?
Click here: Consumer Guide to Life Insurance

Dan Burghardt Insurance just received this new contract for Final Expenses Policy with Foresters Insurance Company. We are now able to offer a minimum of $10,000 and a maximum of $15,000 face value to ages 80-85.
Please call for a quote.

To obtain more information on selected products, please call us at (504) 441-RATE (7283) or get a quote!