Informed on Life Insurance





Paul Cholak - Principal
Licensed Insurance Agent


December 2017 - In This Issue:

We Offer:
  • Life Insurance
  • Pre-Need Funeral Planning Arrangements
  • Final Expense Insurance
  • Life Insurance for Diabetics and Other Hard-to-Insure Individuals
  • Annuities
  • Individual and Family Health Insurance (Affordable Care Act)
  • Health Plans for Medicare Beneficiaries
  • Dental and Vision Care Coverage
  • Supplemental Health Insurance
  • Prescription-Only Drug Plans
  • International Travel Medical Plans
  • Prepaid Legal and Identity Theft Plans
About our Principal,
Paul Cholak

Paul holds resident (Florida) and non-resident life, health and annuity licenses in 31 other states. He also has a Pre-Need Sales Agent License in Florida. He offers all types of life insurance and most types of annuities with many different carriers. He also offers short- and long-term disability insurance; long-term care insurance; a long-term care discount program; and, where available, short term (recovery care) insurance.

He represents many different life and final expense carriers and operates the Diabetic Life Insurance Center, which offers life insurance to diabetics and other hard-to-insure individuals. 

He has many years of insurance experience and has been Director of Employee Benefits for large companies, as well as a benefits consultant with major consulting firms.

He's available 24/7 and  stays in touch with his customers before and after they've made their insurance purchase.  He's always available to help customers who have any questions about their policies.

He's a recipient of the prestigious Albert Nelson Marquis Lifetime Achievement Award and been listed in Who's Who in America, Who's Who Registry of Business Leaders and Who's Who in Finance and Industry. 

He's a member of Phi Beta Kappa and other national honorary societies and organizations such as Omicron Delta Kappa. He's a graduate of certificate programs from a number of prestigious institutions, been invited to speak at corporate  and university training programs, been featured in articles in national books and magazines, and is also a published author.  

Long-Term Care Insurance
Click here to play the video

If you develop a chronic illness or become disabled and can no longer care for yourself for an extended period of time, you'll need long-term care services.
And these services aren't inexpensive.  
The median cost for a home-health aide for an eight-hour day is more than $44,000 a year, while nursing care in a facility with a private room has a median cost of almost $84,000 a year.  As life expectancies increase, so does the duration of long-term care needs, and the financial burden may end up falling on your loved ones after you've run through your own life savings.
After you look at the first video you'll find additional information about long-term care insurance.  If you scroll down to the bottom of the screen after watching a particular video you'll notice a green box with white lettering.  If you click on that box, that will take you to additional videos and informative text. If you view the first video and look at the other videos as well, you'll obtain an explanation of what you need to know about long-term care insurance and obtain tips on what's the best time to buy such insurance. There's also an interactive map to help you get a sense of what long-term care services cost in your area.

If you're interested in learning more or obtaining a quote for long-term care insurance, please call us at 877-734-3884.
Kelley Snead:  Life Insurance For...Life
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Most people think life insurance is there to protect families financially when someone dies. And while that's true, the "living benefits" of life insurance can also help families beforehand. This has been true for Kelley and Doak Snead.
They are a match made in country music heaven--Nashville, where they met working in the industry and then bonded over their love of making music. Their love has grown over the past 23 years, and life insurance has been an important part of their life together. As Kelley grew her new career in real estate and Doak focused on raising their daughter, Emma, they knew they needed the financial safety net that life insurance offered.
Tragedy struck, however, when Kelley--the family's main breadwinner--found out she had a drug-resistant type of Parkinson's disease. It has slowly robbed her of her ability to work, and now even to care for herself. Fortunately, their insurance professional Wallene Leek had made sure that Kelley not only increased her life insurance over time, but that it had living benefits as well.
Kelley's term life insurance policies have a disability waiver of premium, which means she never has to pay another premium. And because her diagnosis is terminal, the family is able to access a percentage of the death benefit now. That has meant the world to the Sneads.
The family has been able to stay in their home, instead of selling it, and Emma has been able to complete school. What's more, Kelley and Doak are able to spend what time they have left without the crushing burden of financial worry. "Kelley's disease may have taken away her livelihood, but life insurance has saved our lives at this point," says Doak.
Why Millenials Aren't Buying Life Insurance
Here's Why Millennials Aren't Buying Life Insurance (and why they are wrong!)

Only 52% of Millennials have life insurance, but a whole lot more than that have loved ones-spouse, partner, kids, aging parents-that need financial protection if something were to happen to them. Here's what the 2017 Insurance Barometer Study by Life Happens and LIMRA found:
Paul Cholak