Life Insurance
Life Insurance does not pay if you die in a no-fault accindent.
False, Provided no felony was being committed.
I can use Life Insurance to attract and retain Employees
True, Paul and NYL can help put together a benefit plan for my Company
Paul has a CLTC designation.
True. Paul is a certified long term care planner.
Paul Bober has lost 39 lbs since January 1 2021.
True
You can buy New York Life stock from a stock broker.
False. We are a mutual company and focus on our long term commitments to our policy holders
Life Insurance is a great way to protect my mortgage.
True. For those who rent, it can help create a rent fund if you pass away.
I can use the Cash Valve in My Whole life policy to fund business expansion, cover payroll, purchase Inventory.
True, you can use your policy like your own personal bank.
Paul Can Help you with Business Succesion Planning
True, Paul works with the Advance Planning Group at NYL on many complex planning ideas.
Paul Joined BNI on 10/12/2009
False, I submitted my application on Tuesday, October 13, 2009. Thank you Cheryl.
New York Life is 175 Years Old.
True. We had grand plans to celebrate our 175 birthday.
If I die by Death By Suicide, My 3 year old inforce policy, will not pay the Death Benefit
False The suicide exclusion is only 2 years.
I can use my Life Insurance to provide TAX FREE income in my retirement Years.
True. And it is not limited to business owners.
Long Term Care planning is only for people with lots of assets.
False. Anybody who is concerned about who will care for them when they are old should review the possibilities.
Paul Has bicycled through California's Wine country.
False. It is on my bucket list.
Any licensed Life Insurance agent can sell New York Life policies.
False. NYL sells through and trains its own agents. Some annuity products are available through Fidelity.
It cost a Healthy 35 year old Male $95.00 per month for a $1,000,000 policy of 10 year Term Insurance.
False, closer to $41.00 a month.
I can get a tax deduction for my long term care premiums if I pay them through the business.
True. There are limits dependent on the tax structure of the business.
Insurance policies for all insurance companies are the same.
False. There are many different features and benefits in policies. Learn the reasons why.
Paul received 7 referrals in the last 12 months.
True, I gave $239,000 in TYFCB last year 2 nd to Kathy Silvia.
New York Life is Built for times like these.
True. We constanly stress test our company to make sure we are there to honor our promise to keep.
A healthy 35 year Old Female can purchase $1,000,000 of 10 year term insurance for $34.00 a month.
True. ( $500,000 is only $21.50)
I can reward KEY Employees in my business with Life Insurance.
True. Called the Golden Handcuffs, This is used to help retain your key employees
Paul can cover you with an insurance policy that covers Life, Health, Long Term Care Insurance, Ransom and disability insurance.
False, But he will introduce you to top industry professionals like Kathy Silva who can.
Paul has been married 3 times and has 6 children through multiple marriages.
False. Paul & Nancy have been married 28 years and have two sons, Christian and Daniel.
(Listen to my BIO next time!)
NYL has the highest ratings given to an insurance company by the 4 major ratings companies.
True. Let's set up a 1 to 1 discuss why it is important.