The Life and Health Insurance Foundation for Education will be using the stories of four insurance agents and their clients to draw attention to the need for professional advice about life, health, disability and long term care insurance.
The Life and Health Insurance Foundation for Education (LIFE) will be using the stories of four insurance agents and their clients to draw attention to the need for professional advice about life, health, disability and long term care insurance.
LIFE, Arlington, Va., has given the 2011 realLIFEstories client service awards to Robin Davey of Equitable, Clifton Park, N.Y.; Donald Blahnik of Onalaska, Wis.; Brenda Soto Bryan of Long Beach, Calif.; and Brent Kimball of Pembroke, N.H.
LIFE is the nonprofit group that runs the Life Insurance Awareness Month campaign every September.
The realLIFEstories award program, part of the awareness campaign, recognizes insurance agents who have provided life products and related products that have helped families at times of great financial need.
“The stories of these families are reminders of how life can change in an instant and how important it is to be prepared financially for life events that you can’t anticipate,” LIFE President Marvin Feldman says in a statement.
LIFE is telling the stories of the award winners in their clients in special sections in the September issues of Parents magazine and O magazines.
Davey won for persuading Steven Tedesco, a 28-year-old business owner, to buy life insurance protection for himself and his paving company. Just a few months later, Tedesco discovered that he had leukemia. He died two years later.
Tedesco’s widow used the personal policy to buy a house and stay home with the couple’s 6 children.
Tedesco’s business partner used the business policy to pay off the paving company’s loans.
Blahnik won for selling farm mortgage insurance to Paul Krzewina, a third-generation dairy farmer. When Krzewina was diagnosed with a brain tumor, he was able to borrow against the policy’s cash value to pay his health insurance deductible. After Krzewina died, the death benefit helped his wife and children keep the farm in the family.
Soto Bryan encouraged Jim Bix, a man with an incurable lung disease, to make use of an option to buy life insurance through an employer-sponsored plan. When Bix died, his widow used the employer-sponsored coverage to pay off debts and keep their children in private school.
Kimball helped Peter Zatir use disability insurance to protect his income and his law practice. Zatir later learned he had thyroid cancer. Zatir has been using the personal policy to maintain his family’s income. A partner used the law firm policy to buy out Zatir’s share of the firm.
- Allison Bell