Norma Reynoso, Life Insurance Broker
Norma Reynoso
Applied General Agency
Bilingual English & Español
Life Insurance Broker Licensed in CA and TX
Contact Details
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Location
Signal Hill, CA
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Website
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Norma Can Help With:
About Me
Greetings! I'm Norma, a life insurance professional committed to serving our community. I take the time to understand your unique situation and connect you with coverage that provides long-term security. Let's work together to build your peace of mind for the future.
Directions to My Office
Q&A with Norma Reynoso
What questions should a first-time life insurance buyer ask their agent?
Answer: How much coverage do I actually need?
What is the difference between term and permanent/whole life for my situation?
What is the most common mistake people make when buying life insurance?
Answer: Purchasing too little coverage they underestimate their financial obligations.
Relying only on Employer coverage usually not portable if you leave job
Should a stay-at-home parent have life insurance?
Answer: Yes, their unpaid labor - childcare, housekeeping and transportation - would be expensive to replace.
Provides funds to pay off mortgages or cover funeral expenses
What happens to your life insurance if you stop paying premiums?
Answer: Your policy will likely lapse.
With Term life insurance, If the grace period expires without payment, the policy terminates.
With Permanent/whold Life insurance, If you have accumulated cash value, you may be able to use it to pay premiums.
What happens if my life insurance beneficiary dies before me?
Answer: If a beneficiary dies, you should contact your life insurance company directly to request a beneficiary change form and name new primary and contingent beneficiaries.
Are there life insurance policies with no waiting period?
Answer: Yes, many life insurance policies offer immediate, day-one coverage with no waiting period. Final expense is one. Provides immediate, day-one full coverage for natural and accidental death
What happens to your life insurance policy in a divorce?
Answer: In a divorce, a life insurance policy's status depends on whether it has cash value. Term policies hold no cash value, while permanent policies are treated as marital assets. Ex-spouses must also update beneficiaries, and courts often require policies to secure alimony or child support.
Can you have multiple life insurance policies from different companies?
Answer: Yes, you can absolutely have multiple life insurance policies with different companies.
When you apply for a new life insurance policy, one of the questiions asks if you have or are you going to replace. You must disclose all active life policies. Companies check to see if you are over insured as well.
Why do I need life insurance if I am young and healthy?
Answer: When you are young insurance rates are low. We don’t know what tomorrow brings so guarantees your insurability for the future. Also pays for funeral expenses that will otherwise be left to your loved ones.