TermProvider | Big Lou is a national Life Insurance Brokerage firm based in Fort Walton Beach, Florida. Founded in the early 1980s, we are one of the largest life insurance brokerages in the nation. We solicit term and permanent life insurance, annuities, and long-term care products through nationwide advertisements. Our Company is composed of financial professionals who offer high quality insurance and financial products and services to the individual and business marketplace.
We take pride in knowing that our clients keep returning to us for advice. Big Lou is the Brand Name used in advertising created by TermProvider in 2011. Big Lou is an every person idea, meaning, that he is just like most of our clients in that he needs Life Insurance and has a few health glitches. Many people find it difficult to navigate the Life Insurance marketplace if they are overweight, have diabetes, or other health issues.
Big Lou's mission is to make the process as simple and understandable as possible.
We take pride in knowing that our clients keep returning to us for advice. Big Lou is the Brand Name used in advertising created by TermProvider in 2011. Big Lou is an every person idea, meaning, that he is just like most of our clients in that he needs Life Insurance and has a few health glitches. Many people find it difficult to navigate the Life Insurance marketplace if they are overweight, have diabetes, or other health issues.
Big Lou's mission is to make the process as simple and understandable as possible.
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Big Lou is the Brand Name used in advertising that was created by TermProvider in 2011.
Big Lou is an every person, meaning, that he is just like most of our clients in that he needs Life Insurance and has a few health glitches.
Many people find it difficult to navigate the Life Insurance marketplace if they are overweight, have diabetes, or other health issues.
Big Lou's mission is to make the process as simple and understandable as possible.
We educate our clients on what goes on behind the scenes during the Life Insurance process to help them understand what is required and in the end find the best rate possible.
Big Lou is an every person, meaning, that he is just like most of our clients in that he needs Life Insurance and has a few health glitches.
Many people find it difficult to navigate the Life Insurance marketplace if they are overweight, have diabetes, or other health issues.
Big Lou's mission is to make the process as simple and understandable as possible.
We educate our clients on what goes on behind the scenes during the Life Insurance process to help them understand what is required and in the end find the best rate possible.
We used to provide live insurance rates online, but we found that many clients were frustrated with the quotes presented.
There is no quote system online that can take your entire health history into consideration and give you a truly accurate quote, and so many people liked the quote they saw, but couldn't actually qualify for that rate.
The exception to this would be a person with no health issues, no medication history, and who knows exactly what their lab values would be on an insurance exam.
There is no quote system online that can take your entire health history into consideration and give you a truly accurate quote, and so many people liked the quote they saw, but couldn't actually qualify for that rate.
The exception to this would be a person with no health issues, no medication history, and who knows exactly what their lab values would be on an insurance exam.
We used to always show rates on our websites.
The problem was that the rates we showed almost never were what you would actually qualify for.
We advertise to people over 50 years old with health issues and only 2% of that age group is going to qualify for the best rate class possible.
Most often, people would hit our website, choose $1,000,000 and do one of two things.
Be shocked at the price and leave, never discussing the rates with a professional, and never truly finding out what their specific rate would be.
The problem was that the rates we showed almost never were what you would actually qualify for.
We advertise to people over 50 years old with health issues and only 2% of that age group is going to qualify for the best rate class possible.
Most often, people would hit our website, choose $1,000,000 and do one of two things.
Be shocked at the price and leave, never discussing the rates with a professional, and never truly finding out what their specific rate would be.
Term Layering is a concept in which you take 2 or more Life Insurance Policies with different Benefit Amounts and Different Term Lengths in order to get as close to your ideal need for coverage.
Most people believe they are limited to just 10, 15, 20, or 30 year term lengths and they try to get all their coverage in one policy.
The fact is that you likely need more coverage early on, and less coverage in your later years.
Instead of buying one 20 year term, you may be better off with part of your coverage in 10 year year term, another part in 20 year term and still another in a 30 year or lifetime coverage.
Most people believe they are limited to just 10, 15, 20, or 30 year term lengths and they try to get all their coverage in one policy.
The fact is that you likely need more coverage early on, and less coverage in your later years.
Instead of buying one 20 year term, you may be better off with part of your coverage in 10 year year term, another part in 20 year term and still another in a 30 year or lifetime coverage.
When you retire, you have a lot of choices to make, and most important among these choices is whether to take your full pension payout or elect to have a spousal benefit.
If you take the maximum, your spouse gets nothing when you die.
If you opt for your spouse to receive 100% of your benefit when you die, you will receive only 50% - 70% of your maximum benefit now.
If you are in good health, or even if you have a few health glitches, you can usually use Life Insurance to protect your spouse's income and pay much less than your pension continuation options.
If you take the maximum, your spouse gets nothing when you die.
If you opt for your spouse to receive 100% of your benefit when you die, you will receive only 50% - 70% of your maximum benefit now.
If you are in good health, or even if you have a few health glitches, you can usually use Life Insurance to protect your spouse's income and pay much less than your pension continuation options.
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