Osborn Insurance

In life we will do everything we can to help those we love. Life insurance allows us to ease financial associated stress after we pass. It will provide cash benefits to cover final expenses, help replace income from you and add some protection to their financial future.

Quick Thought: Life insurance coverage should be at least 10-12 times the insured person’s annual income.

The Time Value of Money is a concept that cash flows of equal dollar amounts separated by a time interval have different present values because of the effect of compound interest.

A person who never made a mistake never tried anything new.

Like most life insurance, mortgage protection insurance eases the financial burden of your loved ones. It is an affordable way of ensuring that your home is paid for no matter the circumstances. Cancer, stroke, heart attack, injury, death—your family will never be in jeopardy of losing its home as long as you put a custom mortgage protection insurance plan in place.

With Life Insurance a “Living Benefit” is an advance cash payment of a portion of the insurance before the insured person dies. It allows for financial assistance to the insured individual while he or she is still alive.

A “Fixed Period Option” is the option in a life insurance policy that makes death benefit payments for a set length of time. The death benefit is left on deposit with the insurance company and accrues interest. The life insurance company makes payments of the specified amount until the benefit and interest run out.

A Living Will is a written legal document, also called a "medical directive" or "advance directive." It shows what type of treatments you want or don’t want in case you can’t speak for yourself, like whether you want life support. Usually, this document only comes into effect if you’re unconscious.

It is not so much our friends' help that helps us, as the confidence of their help.

Term life Insurance remains in force for as long as premiums are current, provided there are no misrepresentations on the application. The insurance coverage terminates if you discontinue your premium payments.

Final expense insurance is a perfect alternative to traditional life insurance because it is more affordable, no medical exam is required, and premiums will not increase over time.

Self-employed. Remember to pay your Social Security and Medicare taxes in addition to your income taxes. Creating and funding a savings account for this purpose can help avoid the cash flow hit each quarter when you pay your estimated taxes.

“Everything comes to him who hustles while he waits.”

Looking to buy a business? Most buyers don't ask enough questions or require enough financial history to make an informed decision. Any business worth buying should have kept adequate records. The inability or the unwillingness to provide the proper financial information is an indication that the business may be overpriced.

A typical Individual Disability Income Protection plan starts to pay benefits after you have been off work for 1 to 6 months, and pays benefits for several years or until retirement age, depending on the policy.

Confused about your insurance or retirement income options? Contact us today so we can review your situation!

Fast Fact: Term life insurance policies expire after a certain number of years. Permanent life insurance policies remain active until the insured dies, stops paying premiums, or surrenders the policy.

“Twenty years from now you’ll be more disappointed by the things you did not do than the ones you did.”

An annuity is different from most other retirement savings vehicles. It's actually a contract between you and an insurance company. In return for making one or more premium payments, the insurance company agrees to provide you an income stream, usually during retirement.

The face value of a life insurance policy is the death benefit the policy will pay. If you take out a $100,000 life insurance policy, $100,000 is the face value. That value can change over time as you borrow from the policy or increase the amount of coverage you have. Face value is not the same as cash value, which is the excess premiums you’ve paid plus interest earned, which accumulates in the policy’s cash value account.

One of the main benefits of turning your hobby into a business is deducting all your qualified business expenses, even if it results in a loss.

“The greatest mistake you can make is to be continually fearing that you’ll make one.”

The Alternative Minimum Tax is a tax imposed to back up the regular income tax imposed on corporation and individuals to assure that taxpayers with economically measured income exceeding certain thresholds pay at least some income tax.

All dreams are within reach. All you have to do is keep moving towards them.

Unlike term insurance, whole life combines insurance protection and savings or cash value which builds over time. Cash value build-up may provide a source for living benefits, for example, helping pay off a mortgage, or a child's education, or cash surrender value if the policy is ever canceled.