Many people out their are unaware that a life insurance plan can be used as a effective estate planning tool for their retirement. Our number one goal is to consult our clients in the most beneficial way so they can achieve a tax free retirement. Most clients are not aware of all the benefits of that a life insurance police holds for you and for loved ones.  We can map out a plan for you today for tax deferred and tax free assets that can greatly impact your life and your Social Security Benefits. This is what we call the Million Dollar Difference.

Health insurance Bakersfield is also one of our specialty.  Greg Jones Insurance Services works with a wide spectrum of Top  insurance companies and carriers for individuals, groups, small business, and self employed. Let us answer all of your questions about life insurance, health insurance, retirement planning, or any insurance need you might have.

The first part of this examination is written, and requires you to answer a series of questions about your current and past health. Insurance companies use this form as part of the process which is utilized to come up with a figure for each person. This part asks all medical questions, and the second part is answered by a paramedical or a general physician.

After the paramedical gets all the information on you regarding where you live and the amount you applied for, you will get a visit to complete the second part of the exam. The second part of the exam is purely physical. Most of these examinations involve taking blood pressure down as well as drawing blood for purposes of doing various tests. They will first call you to schedule an appointment time that is convenient for you. With most insurance companies who offer life insurance, this examination is not optional but rather required to process your application in full.

It is important that you know what to expect in a life insurance exam. Your height measurements will be taken, as well as your pulse and weight. Urine samples might be required as well as blood, and anything past this is based on your age. While some of these tests differ in what exactly is done, it’s always a good idea to have a general feel for what they typically consist of. Some insurance companies will send a mobile EKG test for patients applying who are over the age of 50, and applying for large amounts of $1,000,000 or more.

As the amount you are applying for increases, you will have to be ready for even more tests in this part of the life insurance exam. Treadmill tests are sometimes required for those who are applying for amounts well into the millions. This is meant to be a stress test to gauge the state of all your physical faculties. If you are younger and not applying for that much, then you may not have to get any tests done or measurements taken.

These insurance companies simply want to make sure that you are in at least fairly good health before they agree to cover you. This is especially true with older people, who are looked at as more of a risk. If you fail any aspect of the examination, you will not be considered for coverage. You must at least pass the basic tests done if you are applying for a smaller amount. The tests become more strenuous and in-depth as the face amount goes up.

If you have any question please fill out our Contact Form, so we can answer all of your questions or Call Today 661.588.0033

These are samples of average costs – if you request more than one of these, pricing obviously increases.

1. Professional service charges: $1,213
2. Embalming: $420
3. Other preparations (cosmetology, hair, etc.): $150
4. Visitation/viewing: $275
5. Funeral at funeral home: $350
6. Transfer of remains to funeral home: $154
7. Hearse (local): $185
8. Service car/van: $85
9. Acknowledgement cards: $18
10. Casket: $2,330
11. Vault: $950

Total: $6,130

Note – This list of averages doesn’t include cemetery and burial costs.

Choosing a good range of investment
Now the individual who are hopeful for retirement can invest their IRA’s and 401k’s in different financial product such as mutual funds, stocks, bonds etc. These investments option a good range of investment choices as the risk appetite. But it has the option to diversify the risk. But the question is that how much a person really knows to invest in these securities? Most of the participant has a little knowledge about the securities. It is not an easy task to gain profit from the market because market is very volatile. Most of the investor rely on the fund manager that they will outperform but it is sometime happens that they also failed. It is important that you read the entire offer document when you go for life insurance.
Things to achieve investment success:
It is up to the investor to watch the market. There are things which you have to do to achieve investment success. These are
1. Get help from the expert about the market
2. Choose a plan according to your risk appetite
3. Stick with the Plan
Here are the three things you can do to achieve investment success. In fact, you must do them if you want to hang on to your money and actually make it grow.
The other investment option for retirement may be the real estate. Though this also a risky investment option but still in this option people know about real estate and how it works. So, it is easy to invest in real estate rather than investing in the market. The risk associated with real estate can be controlled by almost everyone. The risk of real estate can be categorized as leverage, renters paying the rent, natural hazards, and maintenance. So you need to think very well in order to set up a better future for your retirement

1. COBRA

One of the good options may be COBRA (Consolidated Omnibus Budget Reconciliation Act). If the worker has lost the job from the employer they can purchase a cover of up to 10 lakh by this option. The cost for this option should be incurred by you only. This option allows you the facility that even you can purchase it for anyone in your family who were also covered before you lose your health insurance from the employer. COBRA is not insurance but it is a law which provides you the facility to continue the health insurance provided by your company before you lose your job. Only the workers who had worked in a company that has more than 20 employees and were covered by group health insurance have the eligibility to purchase through COBRA.

2. Short term major medical health insurance

As the term suggest it is a short term health insurance. This is good for you and your family if you are in between a job. This insurance covers you not more than for 12 months. Again this is a low costly health insurance option.

3. Individual major medical health insurance.

This insurance covers you for more than a year and a bit less expensive than COBRA.

4. Indemnity plans

It is a form of insurance that is very low costly but at the same time its benefits are also limited. But still it will help you in something.

5. Discount Plans

These plans are also very low costly and provides you 50% discount on the medical expenses.

6. Search for the low cost hospital:

It is important that you go for searching a low cost hospital where there is a benefit for the person not having health insurance.

7. Search for a new job

You can also go for searching a new job which would provide you with all the health insurance facility