Entries by Dave Frucella

How to Get a Cheaper Life Insurance Policy

Research shows that 52% of Americans don’t get life insurance because they believe that it’s too expensive. However, there are many simple ways to find a cheaper life insurance policy — from using price comparison tools to giving up a dangerous hobby. Life insurance guarantees that your family will be provided for if you pass […]

Permanent Versus Term Life Insurance

Which to Buy?

The insurance industry is second only to the legal industry in making things more complicated than they need to be. There are really just two kinds of life insurance: permanent and term. Variations of each type exist, but let’s define “Perm” and “Term” as a starting place.

Watch Out For The Life Insurance Bait and Switch

Life Insurance Sales Tactics – The Bait & Switch Watch Out for the Life Insurance Bait and Switch How I was trained to sell life insurance in the early 1970s: I dialed the phone from 6:00–8:00 p.m. every night looking for potential customers. My sales manager told me, “Don’t cover any details—just get the appointment.” […]

5 Minutes, Save 75%

How To Save Money When Switching Life Insurance Companies
One well-known insurance company has flooded the airwaves with this promise: “Give us 15 minutes and we may be able to save you 15 percent on your car insurance.”

Be Clear About Guaranteed Renewability

I am drawing special attention to the phrase “Guaranteed Renewable” in life insurance contracts because it is easy to misinterpret. When heard in a TV commercial: “Our policies’ rates are guaranteed for the first 20 years and are guaranteed renewable thereafter to age 100”—or something similar.

No Exam Life Insurance

When I fly out of Charlotte’s airport, I don’t use valet parking. It’s convenient but very expensive. Instead, I leave my car in the inexpensive satellite lot and take a free shuttle to the terminal. One is easy and very expensive, the other is a little bit of trouble but less expensive.