insurance specialist just want to come
to you today it's September 30th
it's a Saturday 20% of the workweek okay
so just one of the touch base with you
in reference to a question that I get
quite often you know um you know when
you shop for life in church I was seeing
what the best of the best and everything
else you know so I do get a lot of
questions of what's the best life
insurance carrier out there now well you
know that's that's a hard question to
answer because they're all specialized
in certain things so really the right
answer would be it depends now I've been
doing this 25 years as far as financial
and also the insurance part of the
financial business and you know in my
opinion I have the Pacific top ten that
okay that are best for the clients
depending on what issues you have as far
as impairments and health issues okay
you know the 10 top 10 I am I do have
relationships with about over 50 of them
a a+ rated carries but that's primarily
the narrows down to about 10 to a dozen
that really are the ones that might
might my my pick of the litter sort of
say you know and you know choosing the
right life insurance company is probably
the most important financial decision
you're gonna like make in your life
because of the fact it's protecting your
family god food if you did die again
going back to my other videos you know
you die you're your employee doesn't
keep on writing checks okay it's it's
it's get buried with you source a so
it's very important decision therefore
that it's extremely important to
understand that you got to do your solid
research to find life insurance carriers
okay the right one for you now here at
pinnacle quote that's what we do okay we
go ahead and we isolate the one carrier
based on the information you give up
give us we will isolate the one carrier
that hands-down will give you the best
rate so you can have the best of both
worlds the best carrier and the best you
know the best rate okay all insurance
companies out there they all claim to
have the best rate they're all gonna
one one carry is gonna tie it's the best
rate with another carrot can be a better
rate okay so we do here it's a pinnacle
quotas we go ahead and make sure we ask
you important life and health health and
lifestyle questions that help us
determine that okay because again they
all look at you differently okay and
basically me doing is 25 years I have
the top ten that I like okay that as far
as I'm concerned its Dara you know
they're the best underwriting quick
customer service is good paid death
claims fast but when here at pinnacle
quote when we really isolate a company
that we prefer to do business with
because they work for us we don't work
for them okay and again I work for you
the consumer okay I look at for of
actually three major major things when I
look at a carrier okay that really that
number one gotta be a a plus a minus B I
don't even deal with them okay a a plus
has got to be the standard rating for
them okay as far as with am best am best
to me is like a five-star restaurant
okay anybody else is just you know
somebody with with the drive-through
window okay so that's as far as I'm
concerned all right they have to have a
perfect record on writing death claims
okay and they pretty much got a you know
be around a while you know that's the
most important things to me over a
hundred billion dollars in business as
far as I'm concerned most of the
carriers that I deal with have a half a
trillion ok upwards to a trillion
dollars okay but the the the top ten my
top ten which might be different from
others but these are the top ten that I
prefer and has nothing to do with
Commission's or and have what we make or
I make it has to deal with them
experience them have doing relationship
with them and I've written thousands of
policies with these carrots I'm about to
mention okay so and I have personal
relationships with some of the other
writers so my number one go-to care is a
protective life they're my favorite they
have a great for guaranteed UL products
term products is the best price in the
industry if you're healthy you're really
not going to find a better product out
the end of price they've been around 110
years they have a fantastic product
a phenomenal product it basically puts
you in a position have a lot of choices
down the line a IG is also a great
company one of my best you know that's
that I prefer to use they're pretty much
big-ticket they're very good with
diabetes things of that nature
SP Li Savings Bank Life Insurance
Company from Massachusetts I primarily
use them for non meds up to a half a
million dollars it's quick I've I've had
SBI policies no enforce literally three
and a half days from application that's
very rare but usually it non meant for
them is usually ten fifteen days then
you got principle life okay which is
also fantastic company okay a great
weight loss as far as weight I need but
it's pretty heavy on a weight chart
surety life great company as well got an
on med up to 350,000 Lincoln Financial
again simplified issue they can do nine
meds as well up through certain up to a
certain amount but their underwriting is
fantastic fidelity life okay John
Hancock battle life it's one of my best
to great with smokers okay so that's
probably the top ten that I really chose
to do business with majority and they
pretty much are the best at any ailment
impairment out there now so there's a
first certain circumstances I go outside
those priorities need bake other words
of mentions is you know Jackson National
Prudential just to name a few
again I went over the fact is what I
consider would really reach my radar as
far as offering a proper client proper
carry to my clients I just went over
that and you know going through certain
categories now now again here at
pinnacle quote we we specialize in
high-risk policies okay high risk
impairments people with health issues
all right doesn't matter what kind of
health issue you have weak media policy
okay that's just the bottom line
it all comes down to price alright so I
mean as far as right now we're gonna
going to go to a couple of categories
they give you the go to carries and I
and again obviously is a lot more
difficult when you have high-risk people
okay to find the right insurance plan
but again we specialize that here
so for seniors okay you know if seniors
looking for life insurance you know it's
people over the age of 60 then you know
between 60 and 80 I always recommend
Mutual of Omaha okay also Forrester's
non met up to 150 grand up to 80 years
old okay again just mentioned before and
again some of this stuff I'm going to
reiterate when you're overweight my go
to carriers principal they have a
fantastic bill chart weight chart and
again my go-to for non exams is gonna be
American national they'll give you a
non-example through a million dollars
and you can you possibly get that to
with the table 2 or above so that's
substandard classes fantastic company
okay Prudential is the best one in town
however those two or three of them that
are right there and nipping at their
heels I prefer you know you know other
carries as well a IG bad or light for
cancer as well the backi uses banner
wife if you're too back you'd as they
have the most competitive prices
okay diabetics American general and
banner life by far the best ones for and
it comes down to a1c when it comes to
diabetics it really does I mean if
you're anyone c7 and blow I mean once
you're a diabetic your premium class is
a standard plus that's your product at
your preferred plus alright so because
once you have any kind of diabetes even
it's extremely well managed your best
rate you're gonna get rating class why
it's a standard cost in this day and age
anyway might change down a lot but a
standard plus alright if you're anyone
sees above 7 now you're talking into the
table ratings anything above a 10 year
decline you just not get insurance then
we just go to a guaranteed issue policy
alright um now again when I look at the
life insurance carriers I always look at
the you know the strengths of the
company that's very important you know
each state has a fund called the
insurance guarantee fund okay which
which assures that the state would pay
for a you know pretty much any life
insurance in the event of the if the
company becomes insolvent or bankrupt or
whatever the case may be if they're
unable to pay your death claim okay now
that again reiterating what I said in
is the most important trading company
out there in my eyes is am best you got
other ones like Moody's and S&P and
stuff like that but as far as I'm
concerned a investors by far the best
okay and that's really what I base
everything off of is them okay and so
just to give you an idea when you're
shopping around against certain carriers
they specialize in certain insurance
products like term life whole life
Universal Life Index Universal Life
variable universal life and I'll just
touching them briefly and of course no
exam policies a term wise policy you
know is it's basically a policy purchase
that basically has a designated time
okay so basically if you died in this a
lot of time the DEF paid the death claim
gets paid okay all right once that
expires you get either three things
happen either we convert it before it's
expiration or we go ahead and re ante up
doing it one year renewable or we just
go ahead and replace that policy with a
different one okay as far as whole life
is concerned that's policies for your
and it's by far the most expensive
policy out there or the most highly
priced because it's your whole life okay
I'm not a very big believer in whole
life because unless of course you're in
your senior year 6500 then you just need
enough to do a burial policy or if
you're young in life and you need some
soda waited the first savings cash down
the line alright I'm not a big believer
otherwise because number one you pay
into the plan and their their whole the
whole hook is is a cash value cash value
is great in all but they got banks for
that for savings account see every the
amount of money you can save writing a
term policy with the price differential
you could take that money throw in a
savings bank and make more money because
really after a while after two years of
paying into a whole life policy most of
alright you're gonna have a thirty forty
percent of your money goes to cash value
and if you ever borrow from it they
charge you interest on your own money
and you're losing about almost three and
a half percent inflation a year so I'm
not a very big believer unless of course
it's strictly for burial okay Lew says
take your pick I mean it's it's the
great product you know I always say if
term had a bed with whole life
be in the universal life okay they have
guaranteed universal life index
universal life bearable in you the
universal life which the three you know
the the criteria of three of them the
variable universal life insurance gives
you the highest potentially of money
growth okay but the least amount of
flexibility which I always like
flexibility index universal life
insurance gives you the best potential
and finally guarantee universal life
which is my favorite is the least
expensive premiums for you and but also
that has the least amount of terms of up
side and investments now usually GU ELLs
have earned enough money to eat you know
offset the inflation but when you think
about investment I mean life insurance
carriers out there in my opinion and you
know you have been doing us a long time
when you when you when you go into some
sort of a investment based life
insurance policy the ones that really
make out is the agent and the carrier in
alright the individual depending again
depending on your investment criteria
what your goals are okay but if
somebody's out there just just thank you
know right let me get a policy that can
earn some money with and strictly for so
many something for my whole life I
wouldn't put them in a favorable or an
index based because they got a stock
market for investing all right we can
understand is when these carriers take
your premium and these particular
products and any insurance product that
is if you pay if you your premiums a
hundred hours a month they're gonna take
that hundred dollars and they're gonna
leverage it out hundred to one buy US
Treasury bills their revenues something
along the line what they're gonna make
five times the money that you give them
every single year and they give you
crumbs so you know my what I tell people
is why why bother doing that and that's
another thing with the 30-year or the
the return of premiums big big premiums
good for the agent what is it good for
my experience 25 years of being in the
investment and also financial insurance
business I mean I wouldn't I would I
don't have I don't have a return of
I've been notice 25 years I have you
know multi-million dollar policies okay
so you know if I'm the agent and I'm
good at what I do I would buy the best
products and I don't have a ul
okay and I don't have a whole life now
geo ELLs are really good okay because
again it's most cost effective way to go
and of course no no exam life insurance
policies without having to do a physical
exam these plans are quicker some cases
cost more money but a few young and
healthy the price is within a couple of
bucks it's fantastic okay and I can also
get non medicals with diabetic two so
with that said that's pretty much you
know Mike right you know my when I look
at carriers and in my opinion are the
best ten carriers that I do business
with okay again these are all a a+ rated
carries with a and best which is the
most support knee important more than
majority these companies have a quarter
to a half a trillion dollars of
insurance for its huge by no means small
but again perfect death claims they've
never not written a death claim which is
very important so again if you have any
questions on this topic feel free to
give me a call at eight five five three
eight zero thirty three hundred
extension to you can also email me a
DeRay at pinnacle quote calm or visits
the web okay pinnacle quote calm you can
also request an appointment on there
there's a chat box at the bottom of the
window on the home page or every page
that matter that you can actually ask me
a question on the fly even if I'm not in
the office I can answer it on my iphone
so but again again just reiterate you
know that the it's very important to
have the you know a top rated carrier
out there the old saying you get what
okay so with that said again I hope you
guys have a great weekend and any
questions feel free to get in touch all
right make it a great day
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