A.L. Johnson Life Insurance Agency

12/17/2024

7 things life insurance can do besides pay for a funeral...

- Provide peace of mind

- Provide money for terminal illnesses, heart attacks, strokes, or cancer diagnosis

- Provide access to money that doesn't get counted into your taxable income

- Act as collateral for a business loan

- Pay off a mortgage so your family can live without that expense

- Pay for college tuition

- Fund a trust to distribute generational wealth

Life insurance can do so many things!

Have life insurance questions? I'm your guy!👨🏾‍💼

12/16/2024

Your term life insurance policy should have 2 additional features outside of the standard coverage!

Benefit 1: A conversion privileges

This benefit allows you to convert your policy prior to it's expiration date in exchange for a permanent policy such as whole life or universal life without needing to requalify. This benefit doesn't cost you more money but, it acts as a safety need in case you see that there will still be a need for coverage in the future. Even if your health has began to fail you can't be denied the opportunity to convert the policy and keep it forever.

Benefit 2: Accelerated death benefit

This benefit allows you to access a portion of the policy's death benefit while you're still living if you had a heart attack, stroke, concer diagnosis, and many other life threatening illnesses. Some companies allow you to receive up to 80% of the policy face amount while you're still living. This is huge!

Check your term life insurance policy to see if these benefits are attached. If not, you may consider making a change.

Have life insurance questions? I'm your guy!👨🏾‍💼

08/14/2024

At Lincoln Middle School educating parents on the benefits of life insurance and the importance of creating generational wealth!

08/13/2024

Register for this free workshop sponsored by Pathway Education Services.

We will be discussing the power of life insurance, answering commonly asked questions, and revealing strategies to help your family secure generational wealth.

See you there!

Discover key life insurance strategies: term vs. whole, pricing factors, and handling pre-existing conditions. Secure your legacy!

07/27/2024

Yes, Grandma needs life insurance BUT...

🗣YOU need it even more!

Listen,

When Grandma passes away her kids are grown and she has very little debt. Should she try to leave an inheritance? Yes, however if she doesn't no one is going backwards financially except for the funeral expense which admittedly isn't cheap. Approximately $10,000

BUT...

What happens when someone passes away between 25 and 55??? How much money is needed then?

Not only does a funeral need to be paid for there are also many other considerations...

-If you're married what joint debt will your spouse be left to pay alone?

-Who will care for your growing children and with what money?

-Will your family have to move back to the hood because they can no longer afford the home you just bought in the suburbs?

-Is there enough money to keep your business afloat to keep as an income source for your family?

Really think about it! The biggest risk to your family is an untimely passing in those peak years of responsibility.

GET LIFE INSURANCE!

07/18/2024

Some mothers have to be EVERYTHING to their children.

According to this year's insurance barometer study 60% of single mother's don't have life insurance.

It may be due to perceived cost.

When you have to pay for everything alone it's necessary to cut some corners to make ends meet. One corner that should not be cut is life insurance.

If you're all they have now...what if something happened to you?

I recently helped a young lady with 3 children protect themselves for just $30/mo

Life insurance doesn't have to be expensive. You don't have to get the largest policy in the world but, this is truly a situation where it's better to have SOMETHING in place than nothing at all.

Have life insurance questions? I'm your guy👨🏿‍💼

07/09/2024

This is why we do what we do!

We don't just "sell" policies. We EDUCATE our clients and walk with them hand in hand through the entire process.

Have life insurance questions? Just ask👨🏾‍💼

07/01/2024

Did you know that almost 50% of people in America die WITHOUT life insurance? 😞

06/27/2024

One of the saddest things I've seen as a life insurance agent is when a young adult with children passes away with no life insurance and no one in the family can really afford to care for the children properly or there's money there but, it gets misused.

Get life insurance AND set up a trust with instructions if you have young children. It's important. ESPECIALLY if you don't have anyone you absolutely trust to do the right thing. I've seen some really bad situations over the years.

Alot can be prevented if we would just take the time to take care of it.

Life insurance takes less than 30 minutes and a good trust attorney can have you squared away in a couple hours.

Have life insurance questions? I'm your guy👨🏿‍💼

05/25/2024

People always ask...

"How much should I spend on life insurance"

As a rule of thumb between 1-2% of your income should be your purchasing power for life insurance.

If you make $50,000/yr it's wise to spend $50-$100/mo to protect your family financially if something happened to you.

$50×12 = 600 which is 1.2% of your annual income

It makes sense to use 1% - 2% to protect the other 98% - 99%. It's actually a great deal when you think about it.

Get as much coverage as you can afford within those parameters and you'll never be overspending for coverage.

The numbers work best when you are young and healthy so purchase life insurance early!

Also, if you want to use your life insurance policy to build personal wealth while you're leaving expect to at least double the percentages mentioned above.

Have life insurance questions? I'm your guy👨🏾‍💼

05/19/2024

Shots fired at DeLaSalle graduation.

Early reports say there were no casualties or injuries.

The violence needs to stop!

Pray for our city🙏🏾

Police continue to investigate after a gun was fired during a graduation ceremony at a Kansas City high school over the weekend.

05/07/2024

I really wish people would take life insurance more seriously!

I've been in the business for 15 years and here are some of the things I see regularly...

People make appointments but, don't keep them then someone passes away unexpectedly.

People put off getting coverage then develop an illness that stops them from qualifying for coverage.

People buy policies and let them lapse then something bad happens.

People don't insure their children then something bad happens.

People don't check their parents coverage then...

I see people struggle to pay for funerals that cost thousands of dollars when life insurance cost less than a meal.

People will "think about it" for years and never take action but, will be devastated when something happens.

30 minutes and $30 can prevent all of that for most people but, they won't make it a priority😔