Contact Us (773) 259- 6921
Contact Us (773) 259- 6921
Life Insurance & Medicare
An Insurance Brokerage partnered with over 30 + Insurance Carriers to match you with the best plan for your needs and budget.
An Insurance Brokerage partnered with over 30 + Insurance Carriers to match you with the best plan for your needs and budget.
Navigating the world of life insurance and annuities can be overwhelming. Unsure whether to choose Whole Life, Term Life, Index Universal Life, or a Final Expense Policy? Don't worry, we're here to help! Book a no-cost consultation with us and let our experts guide you in finding the ideal plan tailored to your specific needs and budget. Take the confusion out of the equation and make informed decisions about life insurance and annuities. Schedule your consultation today for personalized advice and peace of mind.
Confused about Medicare? Look no further! As a Licensed Broker representing multiple Medicare Insurance Carriers, I'm here to provide answers and help you navigate the complex world of Medicare. Our goal is to educate and empower individuals by offering personalized guidance to find the perfect plan that suits their unique needs. Whether you're new to Medicare or looking to switch plans, let me enroll you in a variety of Medicare options. Get peace of mind and make informed decisions by reaching out to our team today for expert assistance in Medicare education and enrollment.
Looking to organize an unforgettable event for seniors? Look no further! As a trusted Medicare Broker, I specialize in hosting Medicare 101 Special Events at senior centers and community venues. From informative seminars and interactive workshops to unique activities like yoga and live entertainment, our events provide seniors with valuable Medicare education while enjoying essential giveaways, delicious food, and a whole lot of fun. Let us bring our expertise and excitement to your center for an unforgettable gathering that will leave your seniors informed, entertained, and uplifted. Contact us today to schedule a Medicare 101 Special Event!
Is your insurance coverage keeping up with your evolving life circumstances? Don't leave it to chance! Schedule a policy review with our experienced team to ensure your insurance plans align with your current needs. Whether it's life, or health, experts will assess your existing policies, identify any gaps or overlaps, and provide personalized recommendations for optimal coverage. Stay protected and gain peace of mind by booking a policy review today. Don't wait until it's too late – let us help you stay on top of your insurance game.
Caring for your family's overall health goes beyond medical insurance. Our comprehensive Dental, Vision, and Hearing plans are designed to safeguard your loved ones' oral health, vision clarity, and auditory well-being. With access to a vast network of trusted providers, these plans offer preventive care, routine check-ups, and coverage for essential treatments, including dental cleanings, eye exams, prescription eyewear, and hearing aids. Prioritize your family's wellness by enrolling in our family-friendly plans, ensuring their smiles, sight, and hearing are protected for years to come. Explore our options today and give your family the comprehensive coverage they deserve.
Please contact us if you cannot find an answer to your question.
Medicare is a federal health insurance program for people who are 65 or older and some with disabilities.
Medicare has four parts:
Most people who are 65 or older and have paid Medicare taxes for at least 10 years are eligible. Some under 65 with disabilities or end-stage renal disease may also qualify.
If someone will suffer financially when you transition on, you need life insurance. If you were to pass away today, life insurance would provide cash to your dependents that can help pay for your funeral and other final expenses, meet everyday living expenses, pay down the mortgage, finance longer-term goals like education and retirement, and generally maintain your family’s quality of life. Generally, cash benefits are also tax deferred, and protected from debt collectors.
Since the amount of insurance you need depends on your specific circumstances, there’s no simple formula to help determine the amount that’s right for you. That said, when you consider all the things that life insurance proceeds need to fund and how long the money will be needed, you begin to realize that your true need for coverage is often 10 or 15 times your gross income, sometimes more.
It’s impossible to say because the kind that’s right for you depends on your unique circumstances and financial goals. But generally speaking, term offers the greatest coverage for the lowest initial premium and is a great solution for people with temporary needs or a limited budget. Permanent insurance may make more sense if you anticipate a need for lifelong protection and like the option of accumulating tax-deferred cash values. Also, it doesn’t have to be either one or the other. Oftentimes, a combination of term and permanent insurance is the right answer.
There are several key considerations:
Sure, provided there is an insurable interest relationship and with the insured’s consent. Insurable interest is a reason to buy life insurance on someone else because you could undergo a financial disaster if they die. A relationship can be:
Key Person Life Insurance is protection a business owner can purchase on key employees to cover premature death. A key employee is a valuable asset to a company because he/she holds a special talent or skill that is hard to replace. For instance, if you own a tech company and have a highly skilled developer whose death would essentially cause your business to diminish overnight, you may consider key person life insurance.
Greetings, I am Jerrell Simpson, a Licensed Independent Life and Health Insurance Producer, a devoted wife, and a proud mother of three. As the founder of Bay Leaf Group, my family is my top priority and ensuring that we are adequately protected is paramount. Growing up in the South Side of Chicago, I learned valuable lessons on financial literacy from the inspiring women in my life. They imparted their knowledge of insurance, credit, and entrepreneurship on me, instilling in me a passion for educating the community on the importance of comprehensive coverage.
At Bay Leaf Group, we take pride in our independence, giving us the freedom to access a vast marketplace of insurance carriers. We firmly believe in the value of tailored coverage to meet your specific needs, rather than a one-size-fits-all approach. We carefully choose to work with reputable insurance companies that have a minimum A (Excellent) rating for financial strength. We understand the significance of trust and make it our top priority to ensure that our clients have reliable coverage that gives them peace of mind.
We are committed to simplifying the often-complex world of insurance by providing education and personalized service to our clients. We believe that everyone deserves access to affordable and comprehensive insurance coverage, and we are here to help you achieve that. Thank you for considering Bay Leaf Group as your trusted partner for all your insurance needs.
Jerrell@bayleafinsurance.com Office Number: (708) 782-6922 www.bayleafinsurance.com Homewood, IL
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