JC Gasca

04/29/2024

Due to downside protection, an FIA would have an equal or higher account value for 15 of the past 20 years when compared to a client invested directly in the S&P 500.

04/06/2022

Did you know that many people falsely believe that life insurance for diabetics doesn’t exist? In reality, there are quite a few life insurance options for the 34.2 million Americans who have diabetes.

Read more from Life Happens at https://lnkd.in/gDXgpnN.

03/21/2022

Wall Street wants your money. Check the fees on your statements.

03/15/2022

96% of active money managers failed to beat the stock market. If you have an IRA/401(k)/Mutual Fund, you are paying someone to gamble your money.

“A low-cost index fund is the most sensible equity investment for the great majority of investors. By periodically investing in an index fund, the know-nothing investor can actually out-perform most investment professionals.” - Warren Buffett

01/29/2022

Are you looking to get a life insurance policy? 🔐 👨‍👩‍👧‍👦
There are so many options and I know it can be kind of confusing. 😥
Let me bring you some clarity! 💡

01/06/2022

Summer was much like her name: bright, bubbly and energetic. She was also hardworking. At 22, she was managing her own household, working full-time as a waitress, while attending school with dreams of becoming a doctor.

She would stop by the insurance agency each month to pay her auto insurance and was always greeted by insurance professional Christie Trahan. One month, Summer revealed that she was expecting a baby. Christie was thrilled for her, but also knew she had to talk to Summer about something more serious: life insurance. Summer listened carefully, but said she’d think about it. Money was tight for the single mom-to-be; she also wanted to discuss it with her mother, Coleen.

After asking her over the course of several months, Christie told Summer that she felt she needed to ask one last time: “Are you sure you don’t want to buy that life insurance?” At $12 a month, Christie felt that it was affordable even for a working student. Summer agreed, saying that she knew it was the right thing to do, even though her mother had advised her to wait. That was a fateful decision. Just nine months after Summer gave birth to Nathan, she was struck by a car while walking and killed.

After the accident, Coleen called Christie to ask if Summer had gone ahead and bought the policy. Christie assured her she had. Relief swept over Coleen, as she now had funds to give Summer a beautiful funeral. The death benefit also allowed Coleen to take a leave of absence from her job to take care of Nathan.

Nathan is now a happy 5-year-old, and Coleen has officially adopted him. She set aside the remaining money from Summer’s policy for Nathan to use for college. “I’m so proud of Summer for making that wise decision for Nathan,” says Coleen.

Via: Life Happens

12/29/2021

It was close to 11 p.m. the December night when boxer Oscar de la Hoya lost his fight to Manny Pacquiao. The Virgens were saying goodbye to their extended family after watching the match together. Still basking in the glow of family and good food, they headed off to their house. On the way, their pickup was slammed by a hit-and-run driver. The truck rolled over, pinning Nicolas and wife Teresa inside. Son Gabriel and daughter Mayra managed to crawl out and were only slightly injured. When rescue workers arrived, Teresa was already dead. Nicolas had three broken vertebrae and multiple fractures in his arms. “In one second your life changes,” Nicolas says.

After their injuries were tended to, the Virgens started picking up the pieces. Thankfully Teresa had life insurance to help them do it. Initially the couple wasn’t convinced that Teresa needed a policy of her own since she did not work outside the home. As a building contractor, Nicolas saw the rationale for his own life insurance. But their insurance professional Irene Henry made the case that there would be expenses if something were to happen to Teresa. “Think of all the things that Teresa does,” Irene recalls explaining to them.

The life insurance allowed them to pay bills while Nicolas was out of work for nearly two years recovering from his injuries, including an amputated finger. It also helped with college expenses for Mayra and her older sister, Susana. If not for the insurance, Nicolas is certain that his family would have lost their home. “It’s like Teresa is still watching over us and taking care of us,” he says.

12/15/2021

Permanent life insurance can grow your net worth, provide peace of mind and so much more. Learn all the benefits of permanent life insurance.

11/23/2021

Most long-term care insurance policies come bundled with life insurance coverage. Since both long-term care insurance rates and life insurance rates generally increase with age, it’s best to start shopping when you’re in your 40s or 50s.

11/11/2021

11/11/2021

Here are three things that most people don’t know about long-term care insurance:

The focus is on home care benefits, not nursing homes. As mentioned, LTCI can cover nursing home and memory care. However, the vast majority of people want to stay at home, and that is where this insurance shines. When a primary caregiver needs help, they simply call the insurance carrier, who can help locate qualified local home care services. In most cases, the insurer will pay benefits directly to the home health care agency. If you aren’t happy with that agency, policies let you choose another. It’s not managed care, it’s care that is managed to help a family.
Plans offer benefits that increase automatically to keep up with inflation. Inflation is a real concern, and long-term care insurance plans are there to help. Plans offer inflation riders, which allow the benefit to keep up with the costs of care. Some of these riders increase benefits by 3% compounded annually, others by 5%.
There are flexible options to pay premiums. LTCI has policies for any budget. For example, clients with investable assets can reposition a portion of those assets and purchase a single premium plan. Or someone can purchase a premium that lasts for 10 years or until age 65. Finally, there are ongoing lifetime premium options that can be paid on an affordable monthly basis.

11/01/2021

What are your favorite Thanksgiving Day memories?