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We talk about saving money on auto insurance, homeowners insurance, and - yes - we talk about life insurance!
Unknown Speaker 0:00
This is a key when V studios original program. The following is a paid program sponsored by your insurance connection. The content of this program does not reflect the views or opinions of 91.5 Jazz and more the University of Nevada Las Vegas or the Board of Regents of the Nevada System of Higher Education.
Unknown Speaker 0:25
Good morning. This is your insurance connection. I'm your host, Donald Marquez, on your insurance connection. We talk about saving money on auto insurance, homeowners insurance. Yes and we talk about life insurance. Welcome to the show.
Unknown Speaker 0:46
Good morning and happy Sunday morning. My name is Donnell Marquez, welcome to another edition of your insurance connection broadcasting K you in v 91.5. Jazz and more welcome to my show. Last week was Mother's Day. Hope all the mothers had a wonderful Mother's Day Of course we have Father's Day coming up around the corner. And it's just another day Yeah. Yeah, it is. Think about it. When you go to the restaurant on Mother's Day. Can't get in a restaurant. You just cannot. Reservations are full. Oh, we've been. We've had reservations for the last six months. I'm sorry. We're full. Father's day. Call the restaurant while it's my dad's Father's Day on, make reservations for my dad's. It's Father's Day. No problem. No Reservations needed. Just come on hand. Plenty of room. Even in the car section in the stores when you go to but you go to the card stores right? And the grocery stores. They have like four or five hours and hallmark of Mother's Day cards. Just you know just full of Mother's Day cards. Go Father's Day. You see a couple of hours and you'll see a couple of sections maybe one or two section for Father's Day cards. That's how they think of us in in the grocery store. You know the Father's Day cards are right next to the butcher shop you know I'm just saying not a whole lot of cards you know hey you know are you picking up are you picking up some some burger meat and pick up a couple of Father's Day got a Father's Day card you know one for your dad one for your granddad right next to the butcher shop. Little small display. They don't want to go out of their way to try and appeal for the fathers. But anyway, like to have a little fun My name is Don Marquez this is your insurance connection. Broadcasting every Sunday morning from 8am to 8:30am a licensed insurance broker licensed in the state of Nevada and happy to say licensed in the state of California. Of course K u and v listeners are all of our beautiful country all over the world. And you know tune in and find out what other talk show hosts also are talking about, you know educate you and like your your your enhance your knowledge, talk shows, these are educational talk shows, so you can better understand how to improve your lifestyle. For me, my talk show is strictly insurance. Life insurance is one of my specialties. All for Auto Home renters boat, motorcycle, yes. And life insurance. I'm gonna share a story with you. A couple years ago, young lady came to see me she was in her mid 30s two young children. And she was diagnosed with breast cancer. She was stage three, she thought she wasn't going to make it another year. Now, on her job, they told her to take time off, go to chemotherapy. I don't at her at her career, it only paid 70% of chemotherapy for treatments. And then also she was on disability, which was also a reduced paycheck coming in every month. She contacted me two years ago, and to cancel her policy. And the reason I'm bringing this up now because she recently contacted me and she said I just want to thank you for everything you've done. And I'm gonna get into that. The reason why she wanted to cancel the policy was because she was short on funds. Chemotherapy was getting very expensive now or career pay up to 70% for chemotherapy, the other 30% was on her. But two young children mid 30s. How can you afford it? She has a $300,000 life insurance term life insurance policy. She called me two years ago to cancel that policy. There was only around $2 a day, okay, the price and you can do the math 30 days, you know, you can do the math. That was a premium, but she was trying to cut down every way she could. In her budget. She said well, I know I took this policy out and it's been over five years but I need I need all the money I can get for my chemotherapy treatments and my children. I'm not working. I'm on disability until we're not going to do that. Not going to cancel your policy you have in your policy and accelerated death benefit. Let me explain to you what that is. You've been diagnosed with breast cancer, what are we going to do, we're going to contact a life insurance company, file a claim, you can get up to 80% of the face amount of a life insurance policy. Right now, only thing we need to know from your doctor, a letter from your doctor a statement from your doctor written statement from your doctor, describing your diagnosis, fallen a claim saying that you are stage three breast cancer with will allow you to access and this is us an example with the breast cancer allow you access up to 80% face amount of of your policy. Now I know a lot of you think right now Well, you will term doesn't have any cash value. No, it does not. But you can accelerate the death benefit. The face amount up to 80% on a $300,000 life insurance policy that gave her access to $214,000. It blew her away. She said I don't believe she she said I can collect that now. Yes, because it is a living benefit is called the accelerated death benefit. accelerated death benefit, you can cash that money out tax free, up to 80%. Now, she didn't want to take the whole 80% She said well, you know, I'm gonna be off for at least a year or two. I need enough money to pay for my chemo, the balance of my chemotherapy treatments and and be able to take care of my family pay my rent, she took out $150,000 Now she's she's recovered. She's back at work. And she just wanted to call me to thank me, she was really concerned because she had two young children one seven years young and wanting us yet 1010 years young, two girls breast cancer job only pays 70% of treatment only, you know, only 70% who can afford to pay the other 30% You know, when people get these terminal illnesses, you know, you you have the most you have to file bankruptcy, you have to just change your whole lifestyle, but with a life insurance policy, and she was calling me to cancel the policies is she gonna have an extra, you know, funds a month to continue her lifestyle wherever she could. And she was making a lot of sacrifices, a lot of sacrifices, giving her that $150,000 Living benefit on her life insurance policy. It changed everything. It allowed her to get a treatment that she needed, allow her to not to be stressful allowed her to be stress free, allowed her to be stress free. She wasn't worried about bills, only thing she was concerned about is getting healthy for her children. You know, she had lost her husband years ago, and a fatal accident. We're left with two young girls to raise on her own. And now she's faced with breast cancer and all the things she could tell me since I'm so concerned about my children, I want to keep the life insurance policy but I don't know what to do. I you know, I know I'm gonna live I normally have God is not gonna let me go. I normally live. So I know this policy is not right is not the time right now. I can always take out a policy later. I said but their policy is also living benefit. Benefit, you now give you the money that you need to pay for that, that what your life, your health insurance won't pay that additional 30% You don't have to stress about your rent being paid your car insurance being paid your car payment being paid, you have now the money that you need. And live a stress free word life, you know as long as this money can last $150,000 Or you could take up to the max of 242 and $40,000. That's a living benefit. I helped her I can help you My name is Don Marquez, this is your insurance connection. My contact phone number is 702-236-2624 702-236-2624. And you know the conversation we had when she first purchased a policy. I went over everything. The accelerated death benefit the heard the term, the length of the term policy, the face amount, how you're going to pay for it with data month, you want to take it out of your checking account, you can you can select the due date between the first and the 28th of each month. So she chose the 15th of each month. But you know, all of that. deliberating the policy telling you about the accelerated death benefit the face amount of the policy, everything about the policy and she wanted a term that was a better option for her because she had a young family single mother, no universal life and I told her with this term policy later on If you can convert it when I was delivering the policy when he was healthy, then you can convert it over to Universal Life, there'll be no cash value, and you have a permanent policy. And the rates only gonna be based on your age, you don't have to take a physical when you convert the policy. You know, let's flash forward five years. Now I've said now she's hit diagnosis, breast cancer, stage three.
Unknown Speaker 10:26
I've, I've been through what it takes to to treat someone with cancer, and I'm, I'm telling you, it's, it's heart wrenching, it is very difficult. If that person survives it, or if they don't survive, it, is very difficult to to go through to see your loved one every day suffer. And then, you know, let's say your loved one does not make it, they pass away. They pass and now you don't have time to grieve. Because you know, before your loved one had cancer, you didn't take out a life insurance policy because people think you know, I'm live forever. So why should I take out a life insurance policy? It is a living benefit. And you pay a little toward it every single month. This is this is a great story to tell. She told me tell Please tell my story. So I mean, I don't want to have to come on the show with me because he's a no, not Canada, you tell you can tell her much better than I can. I'll be too nervous going on the radio talking about, you know, and I understand that it gets a little personal. And of course, I'm not using any names. But God bless her continue to do well. Because your story needs to be told. There's there's many of you out there that are suffering or have loved ones that are suffering. And if you do have a life insurance policy, you can access that money now to take care of expenses that you currently have for chemotherapy treatment, paying your rent, you know, don't struggle through it. If you do have a life insurance policy. It is a living benefit. I can help you guide you through the step by step process. I do not charge for my services. If I write you a life insurance policy, the life insurance company or the auto insurance company, homeowners insurance company will compensate me for my time 702-236-2624 702-236-2624 My name is Dawn Marquez. I am a licensed insurance broker here in the state in Nevada, and also the state of California. Yay. I'm so happy to offer life insurance California not at one time we were offering auto insurance in California. Companies don't want to write they don't want to write insurance in California auto insurance in California. They just they just don't. So right now I'm in a moratorium where I cannot write auto insurance in the state of California at this time. Now made him read later on in the future. We can write auto insurance and state of California but right now it cannot write auto insurance boat or motorcycle insurance in the state of California. I don't know what they're doing in California where the where they're purchasing insurance. What companies are often insurance California even in Nevada, some of them are well known insurance companies are not writing insurance in the state of Nevada. Now, a few of them are that I represent I have I have a few companies for auto insurance or wool right in the state of Nevada and the rates are competitive, however, is very difficult to write in the state of Nevada in a lot of it is for a lot of different reasons. And I know you call your car insurance company so why why my rates gone up and you know what's going on? And, you know, I know other people get into car accidents, you know, I have this bubble around me, it doesn't happen to me. Well, it happens to the people with or without the bubbles, okay? So just don't think you have this invisible bubble around you that's gonna protect you. And you because you've never had a car accident. It happens to all of us. And no one ever wakes up and say, you know today I'm gonna have a car accident. No, no, it's, it's all of a sudden, it's not even planned. It just happens. And you have to be prepared when it happens. My name is Dawn Marquez, this is your insurance connection. My contact number 702-236-2624 702-236-2624 30% of the drivers on the road today do not have auto insurance. They have a car, but they don't have auto insurance right here in Southern Nevada. We have some of the highest rates, non driving of driving people with no insurance, no auto insurance. We have drivers with no driver's license. is driving. And they come from all walks of life. So we just can't figure one particular group. There's many different groups, in my many years of experience doing this, as an insurance agent, you know, people come from all walks of life, well, you know, I couldn't pay my car insurance, why you work every day, you don't know, maybe they want to go to the sports book. Or maybe they hit the casinos slot of different reasons, then there, they don't manage their money well, but car insurance is a is a right, you must have car insurance, if you're going to drive. If you're in a car accident, the first thing you need to do is contact your insurance agent. Do not try to walk this alone by yourself. I know a lot of you first thing you want to Oh, need to call the lawyer. No, you don't need to call your car insurance company, talk to your agent, your agent can guide you step by step through the process. Because your daughter, your lawyer, you know, is not really concerned that much about getting your car repaired. The only thing they're concerned about is your bodily injuries. Now what limited liability you have on your car insurance policy, because they want to make sure they can get their 40% they cannot get any percentage of getting your car repaired, that doesn't pay their bills, but pays their bills and I'm not making this up. You know, you get in a car accident and you find out right away, they started this hour goes they started 33%. And then of your settlement. And then if you go into deposition or whatever, I don't know how to get to 40. But if we started at 33. Now that's gone to 40. So let's do the math on it if you get $100 that taken $40 from you. But if you go to your insurance company as an option, you have every right to decide what at what avenue you would like to take. But you can resolve a lot of these claims yourself by not going through an attorney. Now our attorneys are good for a lot of different reasons. But if you have you know like minor fender benders people want to call the attorney real quick. You can do that yourself. I've done it myself. I was in my I was in a car accident, you know, back in, oh 908 I believe it was and I didn't call an attorney, I did everything myself. I went to physical therapy. When saw my primary care physician, my primary care doctor, you know, they referred me to physical therapy, I filed a claim going to physical therapy. And I was compensated, and added paid 33% or 40%. That money once I was settled, they made me an offer. They made me an offer I couldn't refuse I had to say, and I took it you could do the same thing. Contact your insurance agent first. If you don't have an insurance agent, you know, I won't I will not charge a fee for my services. 702-236-2624 702-236-2624 I want to thank the customers that came in and purchase home out on license and life insurance that listen to this program to say you know I heard you Okay, u and v. And you know you you give out a lot of information. I get that all the time you get out a lot of information. You know am I am an insurance agent is never talked to me like this. I'm thorough, I'm very thorough, because I want to make sure you have the the right policy that fits in your in your in your lifestyle. You could be identical twins, and live in separate homes and drive the same cars, you know, do everything identical. And you have probably have different car insurance rates is based on the individual. And I know sometimes the rates are wrapped around, you know what's going on at car accidents, the claims. All that impacts the rate too, as well. But if you get a speeding ticket in the state of Nevada, you can get that reduced down to a parking ticket before you make arrangements with the courts, or before you pay the courts for that speeding ticket. Now I know I've heard this many times before that the Court said well, when you go to court and you paid a fine, and the judge says well, we'll reduce this down to a parking ticket. For whatever reason, for what ever reason, I don't know what's the next step because I've never done this, got a speeding ticket and let the courts take care of it. I usually have haven't taken care of doing an attorney to a law services that provide that service. So the speeding ticket will not show up on my driving record. Every six months or once a year. Your auto insurance policy renews when it's 30 days out before renews you receive a notice. Prior to that 30 days out the insurance companies run what we call a household summary. A household summary is they want to see what who Are the licensed drivers in the house?
Unknown Speaker 20:04
Well, you know, I'm gonna and and many of you contacted me over the years, many years, I've been doing this almost three decades now, I'm going to 28 years in the business. And many of you contact me well, you know, they've added my, my 16 year old and my policy, well, does your do your 16 year old have a driver's license? Well, yes, when he turned 16, he went out and got a driver's license, they're gonna protect that they're gonna protect you. And the 16 year old, would have the 16 year old getting your brand new, I don't know what you got a jaguar, or you may have a challenger or whatever you may have, take your car around the corner, Ford F 150. Take your vehicle around the corner just to go to 711 or wherever the convenience store and pick up a few items come back home and get into a car accident. And then and Jr. or your young daughter is not listed on your policy. Well, the insurance company, they buy rights, they have a chance to deny the policy if they wanted to. But they don't they paid they pay the claim. You know, Jr is gonna be added on the policy. And your daughter will be added on your policy. They want everyone in the house to have have auto insurance listed, they will list that person on your policy. So if you don't want your 16 year old, on the policy, don't get them don't don't they should not get a driver's license. Wait today 25. I mean, really, because when I was growing up, we didn't have all these, you know, transportation like we have today. I mean, we had taxi cabs on the bus that was about it. But look at all the options we have today. With instant transportation, you go to your phone, and you have instant transportation to pick you up and take you to your destination, you know what your drivers gonna look like before the driver shows up. And if you do the math, sometimes, you know, it may be cost effective, you know, to do to take a share, ride, maybe it is cost effective to take the bus. But sometimes we have to make a little bit of sacrifice, you know, for our family members do to keep your car insurance rates within check your youngster, I don't care how good they are, how good their grades are, how you know, I have a good son, I have a good daughter. But they're 16 they're 17 or 18 No driving experience. And they go automatically on your policy with a driver's license, they can get an ID card. I've had this conversation so many times, and you know, and unfortunately, the you know, my customers get upset or you know, or other customers from other insurance companies, you know, hear this program they want to ask about their policy. You know, my, my son, he you know, he's a good guy. He's got good grades on the basketball team football team. You know, my one of my daughter's a cheerleader, you know, on a roll. All that's fine, I'm glad I'm happy. But you know, they're teenagers, teenagers do an awful things. You know, they do things that are not always, you know, that you would do, they'd like to show off in front of the other friends. And they get in a lot of car accidents, because they're inexperienced, they don't have the experience that you do behind the wheel. Keep that in mind, your your teenage son or daughter can get an ID card. And they have alternative chair rides today. Because if you don't want them on your policy, you know that they should not get a driver's license. I'm gonna say that leave it alone. And we're gonna we're gonna move forward. The key is on the Hyundai's, we're right now we're still not accepting kids in high days. I have one company that will but the premium you must pay it in full for the six months on auto insurance. I don't know what the premium is gonna be evergreen for one is different. But I do have a company that will take the kids in 100 days. But you have to pay up six months in advance. Doesn't News You Can Use My name is Donnell Marquez, my location is on the corner of Sahara Rancho. In a US Bank building located on the eighth floor 702-236-2624 702-236-2624 insurance. I love it. I've been doing this now. Close to 28 years coming up in June, June, June 27. I think it is is my anniversary. Started with Allstate Insurance company back in June 2001 was at 1997. Think about it 1997. I was licensed in 96. And in the April 96, something like that. It was took the test and I took the last test I had to take in November. Are of 96 today before Thanksgiving. I'd love what I do. I'd love to meet you. I want to thank the listeners that came in and purchase a home out of life insurance. Thank you. Thank you so much. I want to thank the ladies out there because the ladies come in, they're prepared. They have everything. They have, oh, I have the date of birth. I have the Social Security. And they tell me they tell me is when they walk in the door. They sit out, oh, I have the date of birth. I have the social security numbers. I have all the medications. I have everything. I'm ready to do business. And I have my checking account right and account information. Less than our let's get to it. Mr. Marquez, oh, well, let's do it. Guys, we had a little resting you know, we had that prepare. But you know, as long as you come in, that's the main thing come in, sit down, talk less, less have it where your family is not going into financial debt because you don't have a life insurance policy. Or if you do have underlying health conditions like diabetes, lupus, cancer, multiple sclerosis, liver kidney disease, you're on blood thinners, you have a stent in your heart, as HIV do not give up 702-236-2624 702-236-2624 I want to thank my good mom, my good buddy, my veterans buddy George. He contacted me. And he came in and took care of his business. Thank you so much, Georgia, there's a lot of George's out there. So thank you, George came into care business, we would like 123 When we went the firt to the first company. And you know, I said well, let's try a different company. George found them a lower rate for his life insurance. He was happy he walked away happy. He said I want to make sure and in his in his late 70s was let you know, it's never too late to get life insurance. It's never too late to get life insurance. I can I can take you through the process step by step, we will find a policy that will fit in your budget 702-236-2624 702-236-2624 My name is Don Marquez, licensed insurance broker right here in Southern Nevada, all in Nevada, and California. For Life Insurance in California. We can make it possible for you to have life insurance for your loved one. Your husband, your wife, your son, your daughter. Let's get some life insurance policies. Let's pass on generational wealth. I'll tell you a unique story at the beginning of the show with a young lady. She received the accelerated death benefit on her life insurance policy. She had a $300,000 life insurance policy. She has excuse me, a $300,000 life insurance policy and she accelerated the death benefit. Because she was stage three cancer. She needed money to pay for the chemotherapy. When her insurance only paid up to 70% She was liable for the other 30% The treatments and she's doing well today. Thank you so much for allowing me to share your story. My name is Donna Marquez, this is your insurance connection. 702-236-2624 702-236-2624 Enjoy your day to day. It's a beautiful day right here and the weather is changing. We started to warm up. I'm never real happy about that. I love Vegas nights, but the sun, the 110 115 degrees. I'm not ready for that. I love it the spring in the fall those amounts and the winter. Those are my best times right here in Vegas. Love it. This is my hometown. All these years and I still haven't gotten used to the summers yet but I love that I love our summer nights right here in Las Vegas, Nevada. Enjoy your day to day. We'll do this again next week from eight to 830 and to then just keep it crispy.
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