Think You No Longer Need Life Insurance?

ArmandoPazJr Blog

You may want to think again. You may feel your need for life insurance has passed and that your savings and investments, along with Social Security, will take care of whatever lies ahead. In fact, these misconceptions prevent many from purchasing or maintaining the insurance coverage they need. Myth 1: I don’t need life insurance once my children are self-supporting …

Insurance Keeps a Business in the Family

ArmandoPazJr Blog

Ernest “Peanut” Folks took great pride in the fact that his son, Ernesto, chose to follow in his footsteps. Peanut owned P&A Collision, an auto body repair shop, and his plan was to one day pass along the business to his son. Life insurance never factored into Peanut’s plan until an insurance professional called on him. Peanut became convinced he …

Insurance Preserves a Family’s Way of Life

ArmandoPazJr Blog

Bill Hobson had always been active. He met his wife, Connie, at a softball game when she went to watch a friend play, but ended up watching Bill instead. Years later when Bill developed a weakness in his right hand, he and Connie thought it was a judo injury. It wasn’t, and his doctors delivered the devastating diagnosis: Lou Gehrig’s …

Four Life Insurance Myths for the Young Family

ArmandoPazJr Blog

MYTH NO. 1: I only need life insurance if I’m the primary breadwinner. Whether you bring home the largest paycheck in your household or a smaller one, your family relies on your income, and it would be missed if something were to happen to you. Even if you don’t work outside of the home, you probably need life insurance. Stay-at-home …