As a Florida Firefighter you probably see tragedy almost every shift. You are one of the first on scene when there is a car accident, a fire or any other type of injury. At the start of each shift you inspect your gear, check out the equipment but you may have missed something. Is your family protected? If you were injured or killed at work would your family be ok financially? This is where I can help. As a former Florida firefighter and insurnace agent I know how to help you. Please call Keith Murray @ 561-741-8849 to talk about life insurance and disability insurance.
Insurance for Florida Firefighters, EMTs and Paramedics.
Life Insurance
Disability Insurance
Health Insurance
Dental Insurance
Annuities
Florida Firefighters - Shopping for Life Insurance? Call 561-741-8849! I know - my website is not the fanciest. But, I can promise you fantastic personalized service. I can promise you that when you call you will talk to me, Keith Murray. A former firefighter and a live Florida Licensed Insurance Agent located in Florida - not a sales center in India.
Why would I want to buy my term life insurance from Keith Murray? : If you live in Florida you need to call me. I am a former firefighter EMT and I am a broker / agent representing AIG, American General, Banner Life Insurance, Empire General, First Colony Life, GE Life and Annuity, Humana One, ING, Jefferson Pilot Life Insurance, John Hancock, Lincoln Benefit Life Insurance, Lincoln National, Mass Mutual Life, MetLife, Nationwide, Pacific Life, Penn Mutual, Pruco, Prudential Life Insurance, Transamerica, West Coast Life, William Penn Life Insurance. I work with a lot of different life insurance companies because one size does not fit all. You are unique and I shop to find the best insurance for your needs.
LIFE INSURANCE 101 - THE BASICS Often times you hear people say the following about life insurance. 1) I don't need life insurance. 2) I have life insurance though my job. 3) My nephew / cousin / neighbor / friend / auto insurance agent sold us life insurance that is also our retirement account.
I will try to address these key points and share with you my thoughts on life insurance.
What is the point of buying life insurance? The best way to express this, you buy life insurance if you love someone and want to take care of them and support them when you are gone. Imagine a two parent household suddenly losing the main money earner or worse, both parents. Who would take care of the family? Who would take care of the children? Who would pay for their needs? And who would pay for their college?
What if my wife is a stay at home Mom, does she need life insurance? Yes, if your wife were to die, who would take care of the children? Who would cook, clean and perform all of the duties that she performed? If you were forced to hire someone to do all of these activities over time it could amount to hundreds of thousands of dollars.
What if I have life insurance though my job? If you have life insurance through your job, that is a good thing. But do you have enough? A friend of mine told me that he was covered, he had good benefits at his job. After a little research we found that he only had $10,000 of life insurance. This was barely enough to cover the cost of a funeral, definitely not enough to provide for his two minor children. To calculate your life insurance needs I recommend multiplying your annual income by 7.5. This is generally a good target for the life insurance needs for a famuly.
Example: Amy and Frank are married with two small children. Amy works part time while the kids are in school earning $18,000 while Frank works full time earning $55,000 per year. They have a $250,000 30 year mortgage and have $35,000 in debt including car loans and credit cards. Both Amy and Frank should purchase life insurance. I always recommend having at least enough coverage to pay off all debt. Using the 7.5 rule mentioned above we can calculate how much they each need is to multiply their annual income by 7.5. Frank should purchase at least a $500,000 policy ($55,000 x 7.5 = $412,500) and Amy should purchase at least a $300,000 policy ($18,000 x 7.5 = $135,000) plus you want to cover all debt.
Although no formula is exact and no one can predict the future it is always better to over estimate your needs than the opposite.
Can I combine life insurance and retirement savings? Life insurance does not make for a good retirement vehicle nor does the opposite apply. Does your car make a good house? The answer is obviously no. If you need life insurance, buy a good term life insurance policy. If you need a good retirement plan, setup a good retirement plan. Don't try to make one item do both.
Divorce - I am getting divorced, why is a life insurance policy necessary? If you have children or if you are paying / receiving alimony a term life policy is a must.
Example: John and Debbie are divorcing. John has agreed to pay Debbie $2,000 per month for alimony and child support for the next 15 years. They also want to help their children with college tuition. John should purchase a 15 year term life policy to protect his family. In the event John should die during this period his insurance policy could replace his monthly payments and help pay for the children's college education.
Life insurance is not the lottery. You should have enough to keep your loved ones in the life style they currently have. Don't view your death as your family hitting the lottery. You should purchase enough insurance to maintain their standard of living, not put them on "Life Styles of the Rich and Famous". Any extra money you would be wise to invest it for your future for you to enjoy with your family.
If you have questions please feel free to e-mail or call my office to discuss your insurance needs. I promise, I will not try to sell you any insurance products that you don't need. I treat each customer as if they were a family member and I never sell you an insurance product I wouldn't sell my mother.
Please direct any questions or comments to Keith via e-mail at Keith@KeithMurray.biz or by telephone at 561-741-8849
If you are a Florida Firefighter, EMT or Paramedic call us for a free insurance quote. Our telephone number is 561-741-8849.
Health, Life and Disability Insurance for Florida Firefighters in all of the following following cities: Alachua Altamonte Springs Anna Maria Apalachicola Apopka Arcadia Archer Atlantic Beach Atlantis Auburndale Aventura Avon Park Bartow Bay Lake Belleair Beach Belleair Bluffs Belle Glade Belle Isle Belleview Blountstown Boca Raton Bonifay Bonita Springs Bowling Green Boynton Beach Bradenton Bradenton Beach Bristol Brooksville Bunnell Bushnell Callaway Cape Canaveral Cape Coral Carrabelle Casselberry Cedar Key Center Hill Chattahoochee Chiefland Chipley Clearwater Clermont Clewiston Cocoa Cocoa Beach Coconut Creek Coleman Cooper City Coral Gables Coral Springs Crescent City Crestview Crystal River Cutler Bay Dania Beach Davenport Daytona Beach Daytona Beach Shores DeBary Deerfield Beach De Funiak Springs DeLand Delray Beach Deltona Destin Doral Dunedin Dunnellon Eagle Lake Edgewater Edgewood Eustis Everglades Fanning Springs Fellsmere Fernandina Beach Flagler Beach Florida City Fort Lauderdale Fort Meade Fort Myers Fort Pierce Fort Walton Beach Freeport Frostproof Fruitland Park Gainesville Graceville Greenacres Green Cove Springs Gretna Groveland Gulf Breeze Gulfport Haines City Hallandale Beach Hampton Hawthorne Hialeah Hialeah Gardens High Springs Holly Hill Hollywood Holmes Beach Homestead Indian Harbour Beach Indian Rocks Beach Inverness Islandia Jacksonville Jacksonville Beach Jacob City Jasper Keystone Heights Key West Kissimmee La Belle Lake Alfred Lake Buena Vista Lake Butler Lake City Lake Helen Lakeland Lake Mary Lake Wales Lake Worth Largo Lauderdale Lakes Lauderhill Laurel Hill Lawtey Layton Leesburg Lighthouse Point Live Oak Longwood Lynn Haven Macclenny Madeira Beach Madison Maitland Marathon Marco Island Margate Marianna Mary Esther Mascotte Melbourne Mexico Beach Miami Miami Beach Miami Gardens Miami Springs Midway Milton Minneola Miramar Monticello Moore Haven Mount Dora Mulberry Naples Neptune Beach Newberry New Port Richey New Smyrna Beach Niceville North Bay Village North Lauderdale North Miami North Miami Beach North Port Oak Hill Oakland Oakland Park Ocala Ocoee Okeechobee Oldsmar Opa-locka Orange City Orlando Ormond Beach Oviedo Pahokee Palatka Palm Bay Palm Beach Gardens Palm Coast Palmetto Panama City Panama City Beach Parker Parkland Pembroke Pines Pensacola Perry Pinellas Park Plantation Plant City Pompano Beach Port Orange Port Richey Port St. Joe Port St. Lucie Punta Gorda Quincy Riviera Beach Rockledge Safety Harbor St. Augustine St. Augustine Beach St. Cloud St. Marks St. Pete Beach St. Petersburg San Antonio Sanford Sanibel Sarasota Satellite Beach Sebastian Sebring Seminole Sopchoppy South Bay South Daytona South Miami South Pasadena Springfield Starke Stuart Sunny Isles Beach Sunrise Sweetwater Tallahassee Tamarac Tampa Tarpon Springs Tavares Temple Terrace Titusville Treasure Island Trenton Umatilla Valparaiso Venice Vernon Vero Beach Waldo Wauchula Webster Weeki Wachee West Melbourne West Miami Weston West Palm Beach West Park Wewahitchka Wildwood Williston Wilton Manors Winter Garden Winter Haven Winter Park Winter Springs Zephyrhills
As a Florida Firefighter you probably see tragedy almost every shift. You are one of the first on scene when there is a car accident, a fire or any other type of injury. At the start of each shift you inspect your gear, check out the equipment but you may have missed something. Is your family protected? If you were injured or killed at work would your family be ok financially? This is where I can help. As a former Florida firefighter and insurnace agent I know how to help you. Please call Keith Murray @ 561-741-8849 to talk about life insurance and disability insurance.
