ANNUITIES add a great deal of flexibility to financial planning.  A man can use both qualified and non qualified annuities to achieve his goals.Qualified annuities provide you a tax deduction in the year you put the money away.  Non qualified annuities do not provide a tax deduction now, but may serve to reduce taxes later since the principal amount has already been taxed.

There are many ways to use these financial tools, and we encourage you to learn all about them.

The more successful a man is, the more useful these become.

We provide you a portal where you can get quotations for DELTA DENTAL on line. The portal also allows you to sign up for Delta Dental policies on line. This service is available for both individual and group dental programs. Please visit our companion website for the link:  http://www.cmis.org

Many like to manage their own health insurance enrollment.  We have established a portal at http://www.cmis.org where you can do just that. 

This link takes you directly to Anthem-Blue Cross. You can input your data and get a quotation from all their available plans for either individual or group insurance for the area in which you live. 

If you have questions that this link fails to answer, please free to call us at 818-717-0918.  We look forward to serving you.

During times of recession, term life insurance often has to be the contract of choice to fit into the budget.

Term Life policies are of several types.  Some accumulate a bit of cash value during the middle years, but most are strictly without cash accumulation features.

One of the most popular is the Level Term policy, sold for 10, 20, or 30 years level face amount with a guaranteed level premium. Many of these contracts have convertability features providing that they can be converted to permanent insurance plans without physical at a future date.  In otherwords, they provide you a guaranteed insurability feature.

 One variation of these plans is the RETURN OF PREMIUM plan.  This is a term plan written a 10 or 20 year term. It charges slightly more money than the level term so it will be able to give back the premiums paid if the insured lives out the selected term for the contract.

Decreasing term plans are also available, although we tend to counsel against them. We have rarely seen the need for life insurance decrease like those policies do. We believe that, if you are enjoying success in life, your life insurance needs will increase rather than decrease. Therefore we recommend the use of level term plans instead of decreasing term plans. Decreasing term plans decrease in death benefit, not in premium, as the years tick by. This feature makes decreasing term the most expensive kind of term insurance you can buy if you keep it to maturity.

We invite you to call us for your life insurance needs.  We will listen to you, obtain offers, and give you choices of plans for providing for your family and business needs.

One of the most economical plans to buy is the Universal Life Plan with a Term Insurance Rider. 

This approach capitalizes on the difference in plan design to provide you the least expensive way to buy term life insurance, and, at the same time, providing you a slice of permanent insurnace in the plan. It provides you all the positive features of the Uiversal Life plan.  We encourage consideration of such a plan to create both a reserve fund and to capture life insurance at very low rates.  For example, such a hybrid plan for a 39 year old woman costing $200 per month provided her with $100,000 of permanent insurance an $150,000 20 year term insurance.

The flexibiity feature of the policy provides extra security. You can pour extra premiums into the plan when times are good, and even skip a premium now an dthen during bad times. As long as the policy contains a cash reserve larger than the premiums due, the policy cannot lapse. Therefore, we encourage building up the reserve fund when there is a bonus of cash available.  It gives security during months of unemployment, decreased wages, and similar diasters to the personal budget.

CMIS BENEFITS, INC. provides a marketing service that provides you information on what approximately 100 different health plans would charge to write your group health insurance plans.  The spectrum of choices includes both PPO organizations and HMO plans.

We can offer the plans with or without group life, group dental, group disability, and other fringe benefits.

We can also ask for bids on these fringe benefits as stand alone policies. In some cases, we can even get them as voluntary fringe benefits.

We welcome your inquiries.

 To shop your needs for you, we need to receive a census of your people, the number of dependents (spouse only, family including children) and, if available, a loss history from your prior insurers covering the past three years.  Shorter loss histories do not preclude getting offers, but the more credible your history is, the better prospective rates you will be offered.

Send us your data, and we will show you what you can get from nearly 100 different health plans!  

We look forward to hearing from you.