Life insurance sales have jumped in Sonoma County and across the United States in the wake of the Sept. 11 terrorist attacks, a sign that Americans are facing down fears about their own vulnerabilities.The spike mirrors a common phenomenon agents know well. “When a house burns down in a neighborhood, a flurry of homeowners buy […]
Q: Why is some term life insurance less expensive than others?A: Let’s first distinguish the difference between term life insurance and a permanent life insurance contract. Term insurance is similar to renting, whereas permanent life insurance is similar to ownership. In the case of term insurance, you do not build up any equity, or cash […]
It was nearing the end of September, and Kathleen Finckle stared at a stack of bills on the desk in her Manhattan bedroom. One oversized envelope seemed to stare back.Before Sept. 11 that envelope, filled with information she’d requested on a life insurance policy, would’ve been brushed aside with a casual, “I’ll look that over […]
Nov. 14–Amid the mayhem caused by the Sept. 11 terrorist attacks, one group has actually benefited: life insurance agents. Insurance agents and brokers throughout the Triangle report a surge in the number of people buying life insurance or increasing their coverage, spurred in part by fears of a sustained campaign of terrorist attacks against the […]