Year: 2014

No matter if you are one of our California readers or live closer to the story in New York, you may be keeping up with the news regarding the many New York City police officers and firefighters who have bee charged with social security disability insurance fraud. While investigators have been working on this case […]

When it comes to disability insurance, many baby boomers have come to realize that this is something they need. On the other side of things, the same cannot necessarily be said for those in other age groups. A large portion of the millennial population is unsure of what disability and life insurance can do for […]

The sale of life insurance policies and reverse mortgages are topics that have garnered a lot of attention recently due to regular television commercials and radio ads on the topic. The pitch usually goes something like this:

As you age, your needs change. You may not have the same needs you did in the past. Your house is paid off, the kids are all grown up. Why not sell your life insurance policy so that you can enjoy the extra money while you’re still living.  

According to these ads, selling life insurance is all upside. But there can be huge disadvantages with this depending upon your situation.

In this interview, Frank Darras, America’s Top Disability Lawyer, provides unbiased information on this growing trend. Gary Pozsik of Health, Wealth and Happiness leads today’s discussion.

Quote from the Show

There’s $1.3 trillion dollars currently out there in life insurance for seniors age 70 and older. – Frank Darras

Anybody with disability insurance expects to be able to collect benefits should they not be able to work due to an injury or illness. While most people have no trouble collecting, this is not the case across the board. There are circumstances in which an insurance company denies a claim, leaving the person in a […]

It doesn’t matter if you are one of our California readers or live in another part of the United States, there are details to consider when shopping for a disability insurance policy. Many people are turned off by the finer details to the point of never purchasing the coverage they need. Fortunately, understanding the ins […]

Group disability insurance is one of the top benefits a company can offer employees. Many of our California readers receive this coverage through their employer, however, this is not the case across the board. There are many companies that do not offer disability insurance, forcing individuals who want coverage to purchase it on their own. […]

Like any type of insurance coverage, there are those who believe in the power of long term disability insurance and those who think that this is not right for them. This holds true both on an individual level, as well as among employers who are in position to offer this benefit to workers. Regardless of […]

In today’s age, more people than ever before are discussing the ins and outs of the health care landscape. This includes individuals who purchase their own health insurance, as well as those who receive benefits through their employer. Regardless of your location, group disability insurance is something that your employer may offer. While some have […]

Many people never purchase disability insurance because they are unsure of what it means in relation to them. Others receive this through their employer, however, they don’t truly understand what they are getting. When starting a new job, there is a chance you may be offered short or long term disability coverage. Some employers offer […]

There are many reasons why millions of Americans are forced to collect disability insurance benefits. Some only do this for a short period of time, until their injury or illness clears up. Others, however, are forced to collect long term disability due to a problem that continues to linger. Our California readers, among those from […]