Toni Cormier, Life Insurance Agent
Toni Cormier
New York Life
Life Insurance Agent Licensed in TX, AL, CA, LA, MS, NC and OK
10+ Years of Experience
Contact Details
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Location
Houston, TX
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Website
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Schedule An Appointment
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LinkedIn
About Me
I'm your local Insurance Agent that was smart enough to partner with New York Life the largest "mutually" owned insurance company in the nation. It is older then the State of Texas as it was founded in 1845, making it 181yrs old. Has been paying dividends to its policy owners over the last 180yrs through the Great Depression, both World Wars and both Pandemics. NYL holds the highest possible financial strength ratings a company can hold from all four (A.M. Best: A++, Fitch: AAA, Moody's: Aa1 and S&P: AA+) and has $803Billion of AUM. My niche is Business planning, Estate Planning, Legacy/Preservation and Million Dollar Babies. What are you waiting for click the link to schedule a meeting.
Directions to My Office
Q&A with Toni Cormier
What questions should a first-time life insurance buyer ask their agent?
Answer: Before we talk about a product, can you explain to me what financial problem this life insurance is supposed to solve for me.
What is the most common mistake people make when buying life insurance?
Answer: Buying life insurance based primarily on price instead of first determining the amount and type of coverage they actually need.
How do you become a licensed life insurance agent, and what does the first year really look like?
Answer: Well, you need to research and find out what licenses are required in you state and meet that need along with education that is tied to it. The first year can look different for each Agent depending on whether you become an employee or a Contracted Agent. Contracted Agents have more flexibility when it comes to the products and services they offer. The first year is going to consist of you learning the products and identifying what area with in the insurance industry you want to focus on.
Is it cheaper to pay my life insurance premium annually instead of monthly?
Answer: There are benefits which can include a discounted rate when paying annually but this depends on the type of policy and the specific insurance carrier.
What is an IMO or FMO, and how do I choose the right one as a life insurance agent?
Answer: IMO is an Independent (Insurance) Marketing Organization typically found on the life and annuity side of insurance. FMO is a Fielding Marketing Organization typically specific to health and Medicare side of insurance. The purpose of these organizations is to be a go-between for resources to field agents with regard to contract acces, training, case support and marketing materials.
What is the difference between life insurance and an annuity?
Answer: Life insurance protects dying to soon and annuity protects you against living longer than your money.
What do life insurance designations like CLU, ChFC, and LUTCF actually mean?
Answer: When you see life insurance designations this mean the person has taken the time to acquire additional education and become an expert within that specific scope of life insurance: CLU (Chartered Life Underwriter); ChFC (Chartered Financial Consultant); LUTCF (Life Underwriter Training Council Fellow.