Leland Rogers

07/05/2024

Beautiful Sammamish Area - Newly Remodeled Daylight Basement Apartment - Note: 50% discount of initial deposit ( $1,140 ) if rented on 8/1/2024... Relax and appreciate the coolness of open plan...

07/05/2024

Newly Remodeled Daylight Basement Apartment

Beautiful Sammamish Area - Newly Remodeled Daylight Basement Apartment - Relax and appreciate the coolness of open plan living in this light and airy home. This immaculately maintained 2 bedroom...

09/19/2023

Hello, I trust you’re well !

I wanted to share with you a case that I have been working on. From day to day, I get asked to just show the best Asset-Based Long-Term Care plan for the client. And of course, for those of you who have worked me with, you know that narrowing down the best plan depends on various factors of each client !

One common or persistent outcome I see is the significant leverage on Long-Term Care benefits using an Asset-Based LTC Annuity, for a particular age demographic; Age 65+. For a 75 year-old single male who was concerned about receiving care as he lives alone, and wanted to ensure that he could stay in his home as long as possible in the event he would need Long-Term Care services. Based on his window of time for reaching the average claim age of 80-84, with a deposit of $200,000, and focusing on getting the largest LTC monthly benefits possible this client will obtain $8,427/month, over $2,000 more in monthly benefits using an Asset Based LTC Annuity Plan compared to an Asset Based LTC Life plans, and that’s using the same benefit duration of 6 years !
Note: comparison details available upon request

In summary, it was a clear advantage for the client to apply for the LTC Annuity. And as this demographic often has some sort of medical history, keep in mind underwriting is simplified and streamlined, so no underwriting for mortality, just morbidity…

If you would like to discuss, reach out ! Thanks, Lee
https://www.mnnorthwest.com/
agents.ethoslife.com/invite/a4866

Lee Rogers, Regional Marketing Manager, CFP™, CLU, ChFC, MBA
[email protected]
P (425) 444-3224

Insurance Portfolio Reviews – Tax-Free Retirement Funding - Life and Long Term Care Insurance - Chronic and Critical Illness Insurance – Annuities – ILIT Insurance for Estate Planning - Disability Insurance - Businesses: Executive Bonus, Deferred Compensation, Buy/Sell and Key Person Coverage, Policy Liquidation.

08/01/2023

Term Protection, Premiums Returned To-The-Heirs At Death !

Hello ! I trust you’re well !

When you purchase term coverage, even though you have important / needed / “peace-of-mind” protection, after it expires, financially, you might feel you have nothing to show for this investment…

I have another way to proceed ! With my idea / plan, again, looking at term coverage, if you die before life expectancy, your heirs would get all the premiums dollars spent back in a death benefit ! Looking at the figures for a -
- Male, Age 66, Preferred, Initial Term Period – 15 Years, $1M of Coverage, Annual Premium - $8,734.99 –
After the Initial 15-Year Death Benefit Period, the premiums remain the same and the death benefit decreases. So, in this example, at Age 81, the face amount begins to drop from the initial $1M level leading to this scenario at age 86 ( life expectancy ) –
- Premiums Paid = $174, 697.80, Death Benefit = $184,110 – Cool, Huh !
Premiums Returned to the heirs with Term Protection upon death ! Personally, this approach would work great with me and others ( I don’t think I’m alone in my thinking ) who would like to see some ( any ) financial benefit from purchasing term insurance !

Given most “normal” term need situations, I would look at this option 100% of the time ! If this benefit is not needed down-the-road, that’s OK, the term coverage provided the needed protection and will expire ( like all the other term plans )…

Let me runs some quotes for you using this concept ! Thanks, Leland

08/01/2023

Hello –

As a consultant, another life insurance agent called me looking for a simple approach to determine the life insurance needs for a couple in their 40s, both making in the $150K annual income range. They were concerned about not being able to maintain their lifestyle if one of them died ( a valid consideration )…

See below for the ideas I sent to the agent on his case regarding this topic…
Note: in this analysis I am using the Capital Liquidation method, not the Capital Retention method…

For years, when looking at “regular” life insurance cases, I’ve looked at three areas when determining – Debts( Mortgage ), Education, and Income – the DIE approach…
It’s a simple approach - the clients understand the concepts and it allows me to have an open discussion with them in each of the areas to determine their needs / wants…

Reach out to me to learn more on this, or, better yet, let’s discuss filling your life insurance needs and wants, Leland

From: Lee Rogers
Sent: Thursday, March 23, 2023 10:11 AM
To: Bill
Subject: “Simple” Income Replacement Calculations -

Bill, as we discussed, if your clients want to “replace income” for 20 years if their spouse dies, they would need, using a 4% ROR –

- $50,000 of income, $680,000 of insurance would fill that need…
- $100,000 of income, $1,360,000 of insurance would fill that need…
Note: the figures below change if they want only 10 or 15 years of income replaced, or, they want to use a different ROR figure…

Then you add the “Education Funds” your clients want to set aside for that need, and
Then you add the “Debts / Mortgage” if your client wants those items paid off at death…

THEN, add up those figures and you have a good insurance need established…

Review and let’s discuss, thanks, Lee

ASK ME ABOUT FIXED AND FIXED INDEXED ANNUITIES !

Lee Rogers, Regional Marketing Manager, CFP™, CLU, ChFC, MBA
[email protected]
P (425) 444-3224
23824 SE 28th St, Suite 102, Sammamish, WA 98075

07/31/2023

Worried about money and finances?

Hi,

Are you a parent that feels stressed and anxious about your money and personal finances?

We wanted to share something easy you can do to check another financial responsibility off your list: apply for life insurance. I know getting life insurance can seem complex and time-consuming, but it doesn't have to be !

I have a new way to get life insurance. The 100% online application only takes a few minutes, and you don't have to get a medical exam - just answer a few health-related questions. With a wide range of coverage options, you can quickly design a policy that provides financial protection for your family if life goes unscripted – even if you have a pre-existing condition.

Here's how it works:

Get a free, personalized quote.
Complete the simple online application (seriously, it just takes minutes!).
Your application is reviewed, and you are given a final decision (can be same-day).
Here’s what you should do next:

Take the next steps towards helping protect your loved ones' financial future today by getting started with a no-obligation quote by clicking here: https://agents.ethoslife.com/invite/a4866

Let's get your loved ones protected ! Leland

07/31/2023

Worried about money and finances?

Are you a parent that feels stressed and anxious about your money and personal finances?

We wanted to share something easy you can do to check another financial responsibility off your list: apply for life insurance. I know getting life insurance can seem complex and time-consuming, but it doesn't have to be with Ethos!

I'm discussing a new way to get life insurance. The 100% online application only takes a few minutes, and you don't have to get a medical exam - just answer a few health-related questions. With a wide range of coverage options, you can quickly design a policy that provides financial protection for your family if life goes unscripted – even if you have a pre-existing condition.

Here's how it works:

Get a free, personalized quote.
Complete the simple online application (seriously, it just takes minutes!).
Your application is reviewed, and you are given a final decision (can be same-day).
Here’s what you should do next:

Take the next steps towards helping protect your loved ones' financial future today by getting started with a no-obligation quote by clicking here: https://agents.ethoslife.com/invite/a4866

Let's get your loved ones protected!