I’m Neal Frankle, Certified Financial Planner™. Term life insurance is serious business; it changed my entire life when I was 17. This site is here to help you get the right insurance for the least cost. Read my story.
My Story
I have been a financial advisor since 1985 and I became a Certified Financial Planner™ in 1994. Since then, I’ve helped clients with all their financial needs including life insurance. But to me, life insurance is far more personal than professional.
When I was 15 my mother died and when I was 17 my father was killed in an airplane crash. At the time of my father’s accident, he was so distraught by my mother’s death that he ignored his financial life. As a result he ran it into the ground. He was just about broke and we were just about homeless. And then the private plane he was in hit the ground.
As devastated as we were, we did have a tiny bit of luck. My father had reluctantly purchased a term life insurance policy the month before he died. He made one premium payment before his accident. As a result, my 3 siblings and I collected $100,000 from the insurance company.
This was back in 1974 and that money went a long way at the time. All four of us were able to complete college and pursue professional careers. If not for that life insurance, I have no idea what would have happened to my siblings and I. And I don’t really want to even think about it.
So what if Transamerica has been around since 1928? Who cares if the founder of Bank of America is the same guy who started this life insurance company? Are they a good company today? That’s the only thing that matters. Right? What follows is a deep dive into Transamerica to answer three questions: Is Transamerica …
If you or a loved one are dealing with a terminal illness, the last thing you need to worry about is how to pay for a funeral. Unfortunately, this cold reality is a problem many people face. As a result, they turn to burial insurance. But is it really a solution? Let’s consider it. How …
You are probably doing more and more business online and that’s smart. It’s easy to research and save money and time when you let your fingers do the work. But is it safe to buy life insurance online? Yes and No. The Pros of Online Life Insurance Again, it’s just smart to figure out how …
Cheap term life insurance is very easy to find. But is it the right cheap term life? That’s a different story. Fortunately, you don’t have to worry about that either. I’m going to show you how to get that taken care of as well. Where to Shop First, understand that shopping online for term life …
Life insurance for seniors doesn’t have to be expensive. Just because you’ve been around the block a few times doesn’t mean life insurance companies should take advantage of you. Am I right? The good news is that if you are senior you can probably obtain life insurance for a lot less money than you think. …
There is a saying that there is nothing more expensive than a cheap haircut. I know from first-hand experience that this is true. (I was young and stupid once. Please….don’t make me go there.) But I also know from my professional experience that having the wrong kind of term life insurance can land you in …
If you’re looking for term life insurance but don’t want to fill out a detailed medical questionnaire, you might be interested in a Guaranteed Issue life insurance policy. 4 Easy Questions Some people are really interested in guaranteed issue life insurance because all you have to do to get coverage is answer 4 questions (and …
If you are interested in getting life insurance without having a physical exam it means one of three things. You want the insurance really fast, you can’t stand doctor examinations or you have a health condition that keeps you from applying for a more traditional policy. Either way, I have some very good news for …
If you are wondering how much life insurance you need I have some very good news. First, finding the answer is pretty straight forward as you’ll see. Second, by asking this little question you’ve also found the key to saving a lot of money on life insurance. You see exactly what I mean in just …
Life insurance agents love to argue that when it comes to term life insurance or whole life insurance, whole life is a better deal. As you’ll see shortly, they are completely wrong on this. I’m going to first explain how each of these life insurance policies work. Then we’ll discuss why term is better. Finally, …