Stephen Finney, Life Insurance Broker
Stephen Finney
Northwestern Mutual
Life Insurance Broker Licensed in GA, AL, FL, IN, NC, NY, PA, TN, TX, VA and WV
4+ Years of Experience
Contact Details
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Location
Macon, GA
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About Me
As a new father, I view financial planning differently. My mission is to change my family tree--and protect my family's future while saving for our retirement and giving to others. I am dedicated to you and your family's goals and serving you like a family member.
My Google Reviews
8 Total Reviews (5.0)
August 23, 2024
Very understandable to make the policy work with our budget. Easy to talk to
August 14, 2024
Georgia Alliance for Breast is so thankful for an amazing partnership with Northwestern Mutal. Stephen Finney was an amazing connection who opened the network for a great sponsorship. Thank you Stephen!
December 20, 2023
Awesome financial advisor. Stephen is responsive, professional and knowledgeable.
October 25, 2023
Stephen has been amazing! He makes you feel comfortable he is personable, and very patient. I am pleased with my service from Northwestern Mutual!
October 11, 2023
Awesome customer service! Stephen is an amazing resource and listens carefully to ensure he is connecting you with the best fit. Thanks for e every thing.
Q&A with Stephen Finney
Is it better to buy life insurance online or through an agent?
Answer: An agent can find policies not available online and offer tailored solutions that fit budget, health, and savings needs. Online policies can be quick, but also can be more expensive than necessary.
What questions should a first-time life insurance buyer ask their agent?
Answer: Can you shop around with multiple companies? Can you give me options for term and permanent insurance within my budget?
What is mortgage protection insurance and how is it different from regular life insurance?
Answer: Mortgage protection insurance will guarantee that your remaining mortgage balance is paid off when you pass away but the price per dollar of coverage is much higher than traditional life insurance. If you have at least average health, it's in your best interest to apply for regular life insurance to check your rates. In addition, if you get term life insurance then your coverage will be the same for that term length. With mortgage protection insurance your coverage decreases as you pay off the mortgage.
What is simplified issue vs. guaranteed issue life insurance?
Answer: Simplified issue insurance means that the life insurance company will ask you a few basic questions about your health. You will not need to do a medical exam and if you are approved then it is very quick to get your offer.
Guaranteed issue life insurance is guaranteed to approve you no matter what your health status is. With guaranteed issue life insurance there is almost always a two-year exclusion period where if you passed away within that period of time, your beneficiaries would only get your money back plus a little bit of interest. The death benefit will not be paid out during those two years.
Simplified issue life insurance is best to attempt applying for first.
Is there a deadline to file a life insurance claim after someone dies?
Answer: While I cannot answer for every state in the United States, the State of Georgia has no legal limit on the time period to file death claims. However, waiting longer than 30 days complicates the process and may slow down the payment of the claim. In the State of Georgia after 30 days, the life insurance company owes interest on the death claims. Make sure that you are specific about the interest payment request. Most life insurance companies will request the death certificate and some basic information.
How are survivorship life insurance policies helpful in estate planning?
Answer: Survivorship policies allow two people to be on the same life insurance policy. For example a husband and wife can both be on the same policy. The difference is that when the second person passes away the life insurance death benefit gets paid out. When the first person dies the payments do not start. After the second person dies then the death benefit claim money is paid out.
This is useful because in a state or a trust can be funded at the second person's death. This is often used to fund different sorts of trusts, like special needs trusts, and generally just taking care of the next generation after both of the parents or guardians have died.