The 411 on Life Insurance Beneficiaries

Life insurance is still one of the single most important coverage policies out there, but many people are still turned off by what they perceive as “gray areas.” Specifically, a lot of potential buyers want to know more information about the beneficiary aspect of life insurance because it’s an area that generates a lot of confusion. Basically, a beneficiary is the person that will receive the buyout of your coverage after you pass away, but is isn’t always that easy. Here are some frequently asked questions about beneficiaries courtesy of your life insurance company in St. Louis.

Do I have to designate a beneficiary?

Yes, absolutely. Without a beneficiary, your life insurance company will not know who to pay the proceeds of your coverage to.

What if I have a will? Do I still need a beneficiary?

It is recommended that, even with a will, you still designate your policy to a beneficiary. If you want the payout of your life insurance to go to someone other than your estate, you can make this happen. In the end, naming a specific beneficiary to receive your payout instead of simply leaving it in your will eliminates any gray areas and ambiguity.

Who can be a beneficiary?

Anyone you like! Normally, beneficiaries are immediate family members but they can be relatives and even close friends. It is possible to leave your buyout to your estate, but your buyout will take longer to reach whoever receives because of all of the legal steps in between.

Our St. Louis agency can help you with any questions you have regarding beneficiaries and other aspects of this valuable coverage, so make sure you contact us today!

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September is National Self-Improvement Month

Can you believe it is already September? We can’t! That means that National Self-Improvement Month is among us. Missouri residents, how will you celebrate this month? As an individual, you should always be looking towards improving your health, life and overall well being.

What sort of things should you be doing to celebrate National Self-Improvement Month? Here is a list of ideas to consider:

  • Improve your diet by adding my fruits, veggies and whole grains to it. When possible, avoid fast or processed food.
  • Learn to manage your time better. This may help you manage stress, too.
  • Feeling sluggish lately? Join a local gym or make it a point to take a walk after dinner. This is a great way to get active!
  • Get a new look at the salon. A haircut will do wonders for your mood.
  • Learn to save on costs here and there, from your energy bills to your insurance premiums. Money is often the root of stress, so finding a way to save may help.
  • Do more of what you love this month. If you enjoy painting, go grab some new supplies and get to it!

So, what is it going to be: a new haircut or a new workout routine? Whatever you choose to do, you are sure to enjoy the change and growth it brings to your life.

If you are looking to save money on your bills, look no further. Our agents at ABS Insurance Agency would be more than happy to go over your Missouri insurance premiums and offer tips on how to save. Hey, you may even be eligible for a discount. You just need to ask!


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Life Insurance for the Adrenaline Junkies

Rock climbing, white water rafting, sky-diving, bungee-jumping… these are the activities that most adrenaline junkies enjoy! If this is the case for you, you must realize that your life insurance policy will most likely be affected.

Life insurance premiums are determined by the number of risks and factors in an individual’s life. If you are adventurous and constantly putting yourself at risk, you may be one of those who pays a little more each month to stay covered. Here are a few other factors that may increase your premium:

  • Driving record
  • Smoking
  • Occupation
  • Age
  • Weight
  • Height
  • Medical history
  • Family medical history
  • Hobbies and interests
  • Marital status
  • Gender
  • And more…

If you have questions about your life insurance premium, do not hesitate to speak with our Missouri insurance agency. We would be more than happy to analyze your lifestyle and figure out how your premium will be affected.


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Local Event: Walk to End Alzheimer’s & 5k Run

Looking to have a good time for a good cause? Look no further! Our Missouri insurance agency encourages locals to sign-up for the 2012 Walk to End Alzheimer’s event!

The Alzheimer’s Association Walk to End Alzheimer’s is the nation’s largest event to raise awareness and funds for Alzheimer research, care and support. It is the nation’s sixth-leading cause of death and must be recognized in order to reduce this number.

The goal is to raise $526,700.00 and as of late, $129,945.28 has been raised. To keep this number moving up, up, up, it is important for all Missouri locals to attend this event and enjoy it with friends and family.

This event takes place at Busch Stadium on Saturday, September 22nd. Those who will be running should sign up at 7:00 am to begin the run at 8:00 am. Those who decide to walk should register at 8:00 am and be ready to begin at 9:00 am.

For more information on this event or to sign up, check out the official site here. Our agency hopes to see you there!


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August is Recognized as National Romance Awareness Month!

Did you know that August is recognized as National Romance Awareness Month? Whether you are engaged, recently married or even married for 20 years, it is important to celebrate with your loved one! When is the last time you stopped to think about how lucky you are to have met your significant other?

Our agency has put together a few ways that you may want to celebrate:

  • Go out for a fancy dinner. While many date nights may include Chinese takeout or a movie, it is nice to dress up and dine every once in a while.
  • Write a love note and leave it on your loved one’s pillow.
  • Celebrate the anniversary by doing something new and exciting together, like paintball. For the daredevils out there, you may look into skydiving.
  • If you are engaged or have recently married, now may be a good time to say “I love you” through coverage. If you have not looked into or purchased life insurance yet, it may be a good time to do so. Contact our agency for more information by calling 877-556-7579.
  • Buy a small gift for one another, whether that is tickets to a game or a couples massage gift certificate.
  • Cook a fancy dinner together.

Whatever you choose to do this month, it will surely show your significant other that you are thinking of them. Enjoy it, love birds!


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It’s “Simplify Your Life” Week; Are You Celebrating?

Did you know that the first week of August is recognized as National “Simplify Your Life” Week? This is your chance to take advantage of this time and organize your life, whether at home or at work. Simplifying may not only relieve you from some stress in life, it could save you money, too!


One word: bundling. As your insurance experts, we believe it is important that you are aware of this way to simplify your coverage. If you have not bundled your insurance policies yet, now may be a good time to do so.  Instead of purchasing coverage from various companies and agencies, bundling means to purchase all of your coverage with one agent. This may not only save you money on your premiums, but may lower the risk of coverage gaps and best of all, be able to simplify your life. Dealing with multiple agents can get confusing for most people, having to remember too many names, numbers and not to mention all that extra paperwork.

By bundling with the same agency, you will not have to worry about dealing with various people. If you are interested in learning more, contact our agency today. We would be more than happy to help you simplify this week!


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Pancreatic Cancer Awareness Night with the St. Louis Cardinals!

Do you have any baseball fans in your household? Why not come out to enjoy a great game AND support a great cause? On Friday, July 20th, the St. Louis Cardinals will battle the Chicago Cubs! This fun-filled evening is great for the entire family (especially your little baseball/softball player!)

Hosted by the St. Louis Affiliate of the Pancreatic Cancer Network, this baseball game will also support those who fight against pancreatic cancer. At 6:30pm sharp, a pancreatic cancer survivor will be throwing the first pitch; you will not want to miss it!

Here are a few more details:

When: Friday, July 20, 2012

Where: Busch Stadium

Time: First pitch is at 6:30 pm, game starts at 7:15 pm


If you are unable to attend, you can still participate by donating. This is a great way to support a great cause and enjoy a fun time with the locals of St. Louis. Our Missouri insurance agency encourages you to do so!


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Celebrate the Fourth of July with History & Locals!

Hey Missouri locals: how will you be celebrating the Fourth of July next weekend? Our Missouri insurance agency has a GREAT idea! Head over to the Historic Old Courthouse for family fun and a little taste of history. This is a great educational experience for both the young and old.

On Saturday, July 7th, park rangers and even living history volunteers will be presenting an 1826 Fourth of July celebration to the community. This event takes place as the Old Courthouse and will include music, speeches, concerts and even a reading of the Declaration of Independence. This is a great way to educate your little ones on one of the most important days in the history of America!

For more information on this event you can call 314-655-1700 or just head over to the official website. There, you will find out more about directions, parking and more.


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Fair St. Louis: Where America Comes to Celebrate!

Are you ready for this 3-day adventure? Kicking off on July 4th, the 32nd annual Fair St. Louis will provide free entertainment for locals of all ages. Free? Yes you heard right! Thanks to the support of sponsors, this event is 100% free, besides food and beverages.

From children’s arts and crafts to a Third Eye Blind concert, this event has entertainment for everyone. If you are interested, check out the official website. For now, we have some general information to share:

  • This event is located on the streets and parks surrounding Soldier’s Memorial Military Museum.
  • Admission is free.
  • If you will be entering the concert venue, your bags will be checked.
  • There is accessible parking available.
  • There will be five food vendors and two beverage vendors available.

Our Missouri insurance agency encourages residents to get involved in this great local event; support your locals!

If you are interested in supporting small local businesses, you can start by visiting our agency. We would be delighted to speak with you about your Missouri insurance needs!


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Our Agency Celebrates National Insurance Awareness Day! Do You?

Are you aware that June 28th is National Insurance Awareness Day? Our Missouri insurance agency is! Let this day serve as a reminder that:

  1. If you haven’t insured an area in your life (apartment, life, boat) it may be time to do so.
  2. Those with coverage should always update when necessary, whether auto, home, life or business insurance.

Keeping up with coverage is important; you never know when the unexpected will hit. Those who assume insurance is unaffordable should consider these money-saving tips:

  • Never be afraid to ask about discounts. There are PLENTY of discounts floating around, it is just a matter of finding the one that will fit your lifestyle.
  • Choose to pay your insurance bills on a yearly basis rather than monthly. This is an easy way to avoid extra installment fees each month.
  • Stick with the same insurance agency for all your needs and bundle your policies.
  • Choose a higher deductible to ensure a lower premium.

If you want to learn more about insurance and the numerous ways you can save, do not hesitate to contact our Missouri insurance agency. We would be happy to speak with you!

Until then, let’s celebrate National Insurance Awareness Day!


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