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I'm running for House Rep. in District 68, and I want to hear from you! by EllisOK2018 in tulsa

[–]skipper14 2 points3 points  (0 children)

What specifically do you propose to increase revenue and raise teacher pay?

Anyone watch last week's "The First 48"? by MC-noob in livepd

[–]skipper14 1 point2 points  (0 children)

I don’t know that that is true. I followed the campaign relatively closely and don’t recall it ever being mentioned in any way until it was announced that Tulsa would be pulling out.

Anyone watch last week's "The First 48"? by MC-noob in livepd

[–]skipper14 1 point2 points  (0 children)

Tulsa has a high murder rate for our size and a lot of crime for our size. But the violence is generally confined to certain smaller areas of the city, mainly North Tulsa which is low income and primarily minority.

Other areas see much lower crime rates. And relatively no murders or gang violence.

Locals know the area to avoid and the LivePD shows in Tulsa were always filmed in the rough areas where gang violence is more prevalent

Anyone watch last week's "The First 48"? by MC-noob in livepd

[–]skipper14 2 points3 points  (0 children)

Also Tulsan.

It wasn’t Mayor Bynum that chose not to renew the contract, it was Chief Jordan. Although Bynum got a lot of flak about it and said he supported the decision that Jordan made.

The PARENT Gets Life Insurance, Not the Kid..Riiiggght??? by perljen in Insurance

[–]skipper14 5 points6 points  (0 children)

I was speaking solely to his claim that insurance agents are fiduciaries, which is not correct. Fiduciary is a legal designation for some professions and ours is not covered by that.

In practice we should all act on the behalf of our clients and hold ourselves to the level of a fiduciary in every way. That's how I practice my business, but we all know agents who don't and give us a bad name.

Even fiduciaries in some cases have conflicts of interest. Edward Jones is a good example. Their agents were not considered fiduciaries until the ruling a year or so ago that made them that. But they still receive large commissions from some investments meaning they can still guide their clients to those investments over something that might be a better fit because they'll make a higher commission. That's a huge conflict and really makes the whole fiduciary thing lose credibility.

The PARENT Gets Life Insurance, Not the Kid..Riiiggght??? by perljen in Insurance

[–]skipper14 1 point2 points  (0 children)

That's great in theory, but the market can be volatile and some people don't want to expose themselves to that risk because that's just their personality.

Think of the 70 year old who doesn't have much money and wants a "burial plan" to cover their final expenses. If they don't have the discipline to sock $100 a month away in savings then they will purchase a whole life policy (which is what final expense or burial insurance is). They are used to paying a bill and can pay the insurance premium (bill) every month. Not to mention that if they die a week after they take the life insurance out then the full death benefit is paid out so they don't have to hope to live long enough to save up the burial costs.

Another person who might want whole life is a high net worth individual who wants to leave a substantial amount of money to their heirs tax free. Money they have in the market or savings is taxable upon death, life insurance proceeds are not. So they can pay thousands of dollars in whole life premium and sock a bunch of money away in the policy and avoid some estate taxes.

Me personally, I don't carry whole life on myself but I have a lot of term insurance. But that works for me because I'm a diligent saver and invest and save a great deal of my income. But so many people aren't like that.

When I sit down with people to talk about life insurance I make sure to educate them on the different products and the pros and cons of each type. Most people elect term insurance, but there are some who are insistent on whole life because they like the guarantee of always having money to pass down.

It's all about the person, their personality type when it comes to handling finances, and their goals.

For kids whole life can be a good fit. I do carry whole life insurance on my kids and when they reach adulthood I'll transfer ownership of those policies to them so they can either cash them out and use it after they graduate college or they can hang onto it and have something to leave their heirs. The policies on my kids includes a thing called "guaranteed insurability" which means that if, God forbid, one of them were to develop some condition in which they weren't able to qualify for term insurance then they can buy additional whole life in adulthood without having to be medically underwritten.

The PARENT Gets Life Insurance, Not the Kid..Riiiggght??? by perljen in Insurance

[–]skipper14 1 point2 points  (0 children)

It has a place. Many people want to know they won’t outlive a term and have money for their heirs and burial and some like the cash value accumulation because they’re distrustful of banks and stocks.

WL isn’t for everyone but there is a place for it

The PARENT Gets Life Insurance, Not the Kid..Riiiggght??? by perljen in Insurance

[–]skipper14 6 points7 points  (0 children)

No, not trying to nitpick but being a fiduciary is a legal responsibility and legal designation, which doesn’t apply to insurance agents.

Ethically and morally speaking agents should always act as a fiduciary but legally speaking the insurance agent represents the insurance company.

The PARENT Gets Life Insurance, Not the Kid..Riiiggght??? by perljen in Insurance

[–]skipper14 0 points1 point  (0 children)

Term and whole life increase every year, so applies to both.

The PARENT Gets Life Insurance, Not the Kid..Riiiggght??? by perljen in Insurance

[–]skipper14 5 points6 points  (0 children)

Another point of view is that life insurance is as cheap now as it will ever be for your niece because it gets more expensive every time you celebrate a birthday.

If she buys it now and names Mom as the beneficiary she can always change the beneficiary later to one of her kids or someone else as the need arises. But she’s locking in the lowest price now.

Never been a fan of stouts, but always loved Founders. Figured I’d try something new tonight and my mind is blown. Founders KBS by skipper14 in beerporn

[–]skipper14[S] 0 points1 point  (0 children)

First stout I’ve tried that I love. Perfect balance of chocolate and coffee with a nice kick of alcohol. It’s a little sweeter than I normally like, almost like a wine, but man is this good.

Need to find some less expensive stouts to try and discover another gem.

[Discussion] S10E05: Darlene v. David by seanbperiod in roseanne

[–]skipper14 15 points16 points  (0 children)

Holy crap, Bev looks great! She is like 90 and looks like she hasn’t aged a bit since the finale 20 years ago!

Met Heisenberg at Wizard World this past weekend by Omg_Itz_Winke in breakingbad

[–]skipper14 0 points1 point  (0 children)

That doesn’t help solve this mystery.. Cranston is 5’11 and the guy in the photo looks to be at least two inches taller than you

Because customer loyalty is so important by tjmack3rd in AdviceAnimals

[–]skipper14 0 points1 point  (0 children)

OP reposting FB memes to Reddit. Usually it’s the other way around.

[60 Minutes Investigation] Allegiant Air: The budget airline flying under the radar by skipper14 in news

[–]skipper14[S] 0 points1 point  (0 children)

I feel the same way. Based on an assessment of their safety record it showed that Allegiant is 3.5x more likely to have an inflight emergency than any other airline.

If there is a 1% chance another carrier is safer then I’ll spend more money on a ticket and fly with someone else. Pretty easy decision considering everyone else is 350% safer.

Not to mention them firing a pilot for emergency evacuation on a smoking plane, that’s just ludicrous

John Hancock Long Term Care Insurance by hcubed3 in Insurance

[–]skipper14 4 points5 points  (0 children)

They don’t have cause to cancel as long as you pay the premiums in full and on time.

In every state that I’m aware of long term care is backed up by the state guaranty association, so if the insurer becomes insolvent the insurers still have coverage up to the set limit of the guaranty association. In my state long term care and life insurance are guaranteed up to $300K per person.