Marcie Barnes, Life Insurance Agent
Marcie Barnes
Barnes Insurance Services, LLC
Life Insurance Agent Licensed in TX
Contact Details
-
Location
Sanger, TX
-
Website
-
Facebook
Marcie Can Help With:
About Me
Good day! My name is Marcie, and I am passionate about helping people understand their life insurance choices. I provide no-cost guidance while reviewing options from top-rated companies, so you can feel confident knowing your family is taken care of.
Q&A with Marcie Barnes
How do you help a client decide between term and whole life insurance?
Answer: I base life coverage first on age. I will chose a term policy for anyone age 18 - 55. After a few years on a term policy I offer a conversion to an Indexed Universal Life Policy.
Whole life is offered to adults 55 - 80 years old.
What is the most common mistake people make when buying life insurance?
Answer: The .most common mistake is ot buying enough coverage and waiting until you are older to buy coverage.
Buy when you are young, buy a big policy that will take you to the end of your life and make sure it's $100,000 or more.
What is a graded death benefit and how does it work?
Answer: A graded death benefit is usually for someone who has major health issues. The plan has you pay premium for 24 months. In the graded period if you pass away. Your beneficiary receives a refund on your premium with interest.
If you pass after the 24 months, your beneficiary receives the full face value of the life insurance plan
Can I use a life insurance policy to save for my child's college education?
Answer: There are several options you can use to create a wealth plan for your children.
The best option is to set them up with and Index Universal Life Policy. You pay premium for 20 years and the plan accumulates interest for the rest of their life. Money can be used for college, buying a home, retirement etc.
It has a built in disability rider as well.