Josh Koon, Life Insurance Agent
Josh Koon
Northwestern Mutual
Life Insurance Agent Licensed in WI, CA, FL, MN, NC, OH, PA, TN and TX
Contact Details
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Location
Oshkosh, WI
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About Me
My mission is to educate and empower my clients, my peers and my community to take the best course of action for their families and businesses in regards to financial wellness. We live in a world of too much information, and certainly too much bad information, and it is my calling to cut through the clutter and noise to help as many humans as possible reach the calm that financial clarity brings. Through thoughtful and empathetic conversations, perpetual learning and growing, and sharing the knowledge and experience that I have with others, I help empower those around me to achieve greater comfort, understanding, and financial stability.
My personal and professional values:
Straightforward Honesty
Intelligent Empathy
Uncommon Courtesy
Indomitable Spirit
Reputable Competence
Directions to My Office
Q&A with Josh Koon
What happens if my life insurance claim is denied?
Answer: There are some legitimate reasons that a claim may be denied (exclusions from the policy, lack of information, fraud) so understanding why the carrier denied the claim is the first step. Then, if you believe that the denial is wrong, you do have the opportunity to appeal. Typically, you will need to provide more information as to why you believe the claim is valid, and working with the agent and carrier can help bring about a more favorable outcome.
What is the most common mistake people make when buying life insurance?
Answer: The most common mistake people make when buying life insurance is not fully understanding what the life insurance is protecting against. Without a full analysis of what we are trying to take care of in the event of our death, we can't fully understand and appreciate our options for life insurance coverage. There are numerous variations of life insurance contracts, and most have great instances of application. But they are not all created equal, and fully understanding what you are looking to protect (and why) can help you select the right type, amount and carrier for the coverage.
Can I change my beneficiary on a life insurance policy?
Answer: If you are the owner of your policy, you can typically change the beneficiary whenever you like. There are some instances where something may disallow you to change beneficiaries (like a marital settlement agreement, for example), but otherwise you can update beneficiaries whenever it is necessary. In fact, it's a good practice to review your beneficiaries on life insurance policies and other accounts periodically, in case changes need to be made.
What is the DIME method for life insurance?
Answer: The DIME method is a way to calculate the amount of life insurance benefit you would want to carry. It includes tallying all of your Debts, calculating how many years of Income you would want to replace, your existing Mortgage balance, and any future Education expenses you would want to cover.
Can I get life insurance if I have diabetes or heart disease?
Answer: Yes, there are carriers who will insure you despite many potential health conditions. It's important to be straightforward with your agent so they can help you find the best available coverage for you and your situation. It's also important to pursue insurance as early as possible, as things that end up in your health history don't ever get deleted.