When you are drowning in debt…

that is when you need term life insurance the most. Here’s why…

During these trying economic times, many Americans are asking, “Where’s my bailout?”

The government now owns General Motors and has spent trillions of dollars rescuing AIG and banks like Countrywide, but it is still up to each of use to create our own family bailout plan.

Term life insurance is an essential part of your family’s bailout plan. When times are tough, that is when you truly need the essential safety net that life insurance provides.

Over many years in the insurance industry, I’ve counseled hundreds of families who were in debt. Some of them were having severe financial problems and even considering bankruptcy. One of the things I’ve learned is that when you are drowning in debt, that is when the need for term life insurance is the greatest.

When the economy is booming, many families have generous savings accounts, a number of investments including their 401k, stocks and bonds. Often, both spouses are working. They have plenty of equity in their homes and may have other assets such as expensive cars or fine jewelry that they can sell if necessary.

A family in that position needs term life insurance, but they are in a far better position than a debt-ridden family. They have good credit that can tide them over – at least for a short while — if tragedy strikes. They can raise cash or raid the savings account if they must, or take out a home equity loan.

All of those alternatives disappear when families are deep in debt.

When times are tough, one spouse may be unemployed. Jobs are hard to find in this economy, and good jobs are even harder to find. Families are less likely to have extensive savings. Their 401k accounts may already have been tapped for emergencies. If the breadwinner passes away, the loss of income combined with financial pressures can be catastrophic.

The debt-ridden family needs the safety net that term life insurance provides, more than ever. When times are tough, the relatively small amount of money spent on term life provides a world of security for your family.

We all know that we should have health insurance all the time, but especially when we are sick. By the same token, term life insurance is always important – but especially so when we are facing debt or financial problems.

Don’t delay – take this important step to protect your family by purchasing affordable, hassle-free life term insurance coverage today at www.termdog.com.

New no-hassle, no-pressure system to find affordable insurance.

Too many people are underinsured because they fear life insurance is excessively expensive. Let’s be honest – whole life insurance and universal life insurance can be expensive. They may not be the best options for individuals of limited means, or for families with growing children.

That’s why I recommend term life insurance to clients in those situations. Term life insurance is the most affordable alternative. It offers the best of both worlds – security knowing that your family is provided for in case of your death, and affordable cost so your family doesn’t suffer now.

Term life insurance offers benefits only if you pass away during a specific period of time. While you are young and healthy, it is the most affordable type of insurance. In case the unimaginable happens – a fatal accident, a sudden heart attack, a terminal illness – your family is protected.

Life insurance provides the cash for your spouse to pay off the mortgage, and your children to go to college – even if you’re not there. Providing enough life insurance means your spouse can pay immediate expenses and still have a financial cushion to rely on, instead of barely scraping by on one salary.

Finding affordable term life insurance can be a hassle – but it doesn’t have to be.

Some factors that you will want to consider when purchasing term life insurance include:

· Rating of the insurance company

· Price of the term life policy

· Length of coverage

· Right amount of death benefit

· Rider options

Many people are understandably intimidated by the process of finding affordable term life insurance. Who can blame them? It’s annoyingand time consuming to research a number of insurance companies, get quotes from all of them, compare company rankings and compare price and coverage.

In addition, many consumers fear that if they contact a dozen companies, they will have a dozen insurance salespeople hassling them. The sad part is…they’re right. Most insurance salespeople continue to annoy you by constant calling, emails and messages.

Getting quotes online usually doesn’t help. That’s because 99 percent of the websites out there don’t provide online quotes. They take your contact information, and sell it to various insurance sales people. Suddenly, you’ve got a dozen pushy salespeople calling you constantly – and you’re not any closer to finding affordable term life insurance.

The solution is TERMdog.com. Because finding affordable life insurance doesn’t have to be ruff. At TERMdog.com, we’ll search the top insurance companies for you and send you the best prices from the best companies to fit your needs – online. It’s free, it’s confidential and we will never sell your contact information.

Best of all, you have my personal guarantee that we will never hassle you. Using TERMdog.com to find affordable life insurance is quick, easy and painless.

FOR IMMEDIATE RELEASE

CONTACT:

Michael Fry

TermDog.com

1730 Park Street, Suite 218

Naperville, IL 60563

Phone: 630-393-6500

HIGHER TERM LIFE INSURANCE PREMIUMS PREDICTED

Naperville Native Helps Clients Slash Expected Rise in Term Life Insurance Costs

NAPERVILLE, IL-According to Michael Fry of TERMdog.com, term life insurance premiums are predicted to rise 5 to 10 percent over the next year. This is due in part to the higher reserve requirements for life insurance companies. Fry, a native of Naperville and lifetime resident of DuPage County, is concerned about this rate increase. He’s already working to help his clients combat higher term life insurance premiums through his new website, TERMdog.com.

Fry, an insurance professional since 1987, understands the need to save money on term life insurance without sacrificing coverage. He also knows that the average person can be easily confused by the jargon of the insurance world and be mislead into purchasing the wrong policy. That’s why he’s fulfilling a dream to help others cut their insurance costs while providing them with a better understanding of the language of the industry.

At TERMdog.com, Fry offers free easy access to educational articles and an online term life insurance quote system. He also provides answers to frequently asked questions (FAQs), and a variety of relevant information to help site visitors recognize the differences in insurance policies, choose the type of insurance to best meet their needs, and even understand how insurance rates are determined based on health, age and other factors.

Fry has been a top life insurance producer for many years. As the principal of Steward Financial Services, a planning firm that specializes in financial stewardship advice, Michael has also trained other financial advisors throughout the country and has offered free debt counseling to many people referred to him by area churches. He understands the world of finance and the struggle that people face in stretching their money to meet their needs. That’s why he created TermDog.com which focuses on providing money saving services and advice in a simple user-friendly format.

This father of three is very involved in Calvary Church of Naperville, and is a loyal supporter of Junior Achievement.

For more information on Michael Fry or on TERMdog.com, call 630-393-6500.

If you’re just starting to look into getting a life insurance policy or if you’re reviewing your life insurance portfolio, the myriad of choices can be confusing.

Man is Mortal. That makes life insurance a little unique and interesting, doesn’t it? We purchase things like health insurance, car insurance and home insurance, then hope we never have a need to use them. Life insurance is different, because it’s a unavoidable fact that sooner or later, each of us will die.

So many choices. When it comes to life insurance, there are many options. What is the best life insurance policy? You may have heard terms like “whole life insurance,” “term insurance,” “universal life insurance” or “variable insurance.” What does it all mean? And what are the differences?

Well, first let me point out what they have in common: all life insurance policies provide payment to a beneficiary in the event of your death. Except for that basic tenet, the differences between policies can be major.

Let’s consider the basic differences in the types of life insurance policies:

Whole life insurance. This type of insurance covers your entire life (not just a portion or a “term” of it). It is considered permanent life insurance which is used to cover you for your “whole life.” Whole life insurance policies tend to cost more than “term” policies. This is because they grow what is known as “cash value,” and because after a time, you will be able to borrow against, or withdraw from, your whole life benefits to supplement your retirement. Most whole life insurance policies have guarantees on both the cash value and death benefits.

Term life insurance. Rather than covering your whole life, “term” insurance covers a pre-determined portion of your life. Common terms are ten, twenty and thirty years. If you die within that term, your beneficiaries receive a death benefit. If not, you typically receive nothing. To put it simply, term life insurance allows you to purchase more coverage for less money. Basically, you are betting on the probability of your death occurring within that specified “term.”

Variable life insurance. Variable life insurance is a permanent insurance. However, unlike whole life insurance, variable insurance allows you to invest the cash value of your policy in “subaccounts.” These can include money market funds, bonds or stocks. Variable insurance offers a bit of control, as the value and benefit depend upon the performance of the subaccounts you select. However, that means there could be significant risk involved. since the performance of your subaccounts cannot be guaranteed.

Universal life insurance. With universal life insurance, it all comes down to flexibility. This is permanent life insurance that provides access to cash values that build up tax-deferred. You can choose the amount of coverage you feel is appropriate, and you retain the ability to increase or decrease that amount as needs change (subject to minimums and requirements). You also have some flexibility in determining how much of your premium goes towards insurance, and how much is used within the policy’s savings element.

So, which life insurance policy is right for you?

Many factors come into play when deciding what type of life insurance will best suit your needs. The best way to learn what policy is right for you is to give us a call at 630-393-6500. It’s very quick and easy, so let us assist you in looking at all the factors and help you to find the right life insurance policy at the right price for your specific needs.