Reeske

With Reeske, you know exactly what life insurance strategy makes sense for you and your family. Life doesn't have to be unpredictable

We help you build personalized life insurance coverage digitally.

12/29/2022

“Reeske can give you the peace of mind that comes with having life insurance — and save you up to 40%.”

- Penny Hoarder Expert"

03/09/2022

Life and disability insurance are like your family's umbrella.

You will never be sure if you will use it, but you will for sure regret if you get caught in the rain without one. ☔️

01/16/2022

The laddering strategy is a technique that has become quite popular in the life insurance industry. It occurs when a consumer buys a few different term life policies with varying lengths of terms rather than one large term life policy. In some instances, the laddering technique can save policyholders almost 35% of the total future premium!

Here Jamie uses a laddering strategy because she understands her exact coverage needs, such as covering a mortgage, leaving her teenage children with a benefit, and other debts, including some "just in case" coverage. Using a laddering strategy saves her over $3,000 of total future premium, and that's a lot!

Be aware that a laddering strategy is not recommended for everyone. It may be unjustifiable for a single male in his mid-20s who makes less than $60,000 a year to take out multiple term life insurance policies. It would be questionable to the insurance company why this person would need so much coverage, but they would also be concerned with his ability to pay all the premiums consistently.

Do you want to see if a laddering strategy is right for you without talking to a human? We can help you at: https://www.reeske.com/onboarding

12/23/2021

We wish you a happy, healthy holiday and a prosperous new year! 🎊

12/18/2021

Tips: Employer-sponsored long-term disability (LTD) insurance (at work), also known as group disability insurance, is a great benefit, but it has limitations that many are unaware of:

1. Many group LTD plans cap their benefits, and most limit benefits to 60%-70% of after-tax income, NOT including incentive compensation. As a result, the high-income earners in a company have a lower percentage of their income insured than those with lower income or low incentive compensations.

2. The definitions of disability in Group LTD policies are typically more restrictive than those in individual disability policies. What it means is that they can pay less benefit under the same claims scenario than an individual disability insurance policy.

3. Most Group LTD Benefits are reduced by Social Security and Workers’ Compensation.

4. In most cases, the group LTD benefit is taxable. Use this rule of thumb: if your employer paid the premiums, the disability income is taxable to you.

5. Group LTD is generally not portable. What does it mean? If you leave your company, you lose your coverage.

Findings: We ran a survey of 50 W2 employees of Fortune 500 companies; we found that the actual income replacement % is around 35%-45% instead of 60% considering the cap, max benefit %, salary base, and tax implications.

Group LTD is an inexpensive way to provide benefits. However, because of the limitations discussed above, you should consider supplementing your group coverage with more comprehensive individual disability products.

Learn more about the benefits of an individual disability insurance plan:
https://www.reeske.com/blog/understanding-how-disability-insurance-protects-your-income

12/06/2021

Term life insurance tip:

Instead of shopping for the cheapest quote for a flat coverage, which is NOT the premium price you will pay after you are underwritten, understanding your coverage need over time is a great way to start.

Your coverage needs are likely to decrease over time, so why not only buy the coverage you need and strip the "wasted coverage" you don't need to save big bucks?

We can help you build a coverage plan that's made for you.

https://www.reeske.com/onboarding/questionnaire

11/25/2021

Only 52% of Americans have life insurance. Make it a priority; plan ahead of time. It takes less than 10 minutes and generally will cost you less than $30/month. Many spend that on Netflix, Hulu, and subscriptions you forgot you have.

Your family shouldn't have to create a GoFundMe page when something happens to you.

Get started today: https://www.reeske.com/onboarding

11/15/2021

Want to get a quick & accurate estimate of the amount of life insurance coverage you need to take care of your loved ones without talking to an agent?

Use our FREE life insurance needs calculator to get your personalized coverage: https://www.reeske.com/onboarding/questionnaire

10/23/2021

You heard it here — recent college graduates may also need life insurance. 🎓

Here is why.

If you need help to understand what life insurance coverage fit your situation, check out our free digital solution: https://www.reeske.com/

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