Life Insurance Planning Skokie IL | AGT The Safe Money People 847-933-9222

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Life Insurance Planning Skokie IL – Let me ask you a question, you have a life insurance policy and it has cash benefit and a cash value, do you know who gets the cash value when you die? Call them at 847-933-9222 today.


Weathering Economic Changes – The Safe Money People

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Flowers aren’t the only things that flourish in the spring. The warmer weather can help stimulate consumer spending — which helps companies grow as well.

As it turns out, weather is frequently tied directly to the economic stability of companies. Coca-Cola CFO Gary Fayard recently said weather contributed to the company’s disappointing second quarter.

“I hate to use the weather, but a lot of it was the weather,” Fayard said. “We are an industry that is susceptible to weather.”

In fact, a lot of experts blamed the harsh winter weather of first quarter 2015 for poor results. Many companies had to shut down because their employees were snowed in and flights were cancelled. The travel industry was impacted at every level, as were run-of-the-mill mom-and-pop shops that missed their regular customers. Let’s face it, when it’s cold outside, nobody wants to go shopping. Fewer still go looking for jobs, so the unemployment rate stagnated. In April, a wealth manager at Guggenheim Partners observed that the U.S. could potentially post zero or even negative economic growth in the first quarter due to the punishing weather.

However, when winter closes the door, somewhere a window opens — and that’s where spring slips in. Since 1975, harsh winters that yielded slow growth have generally been followed by a springy economic step in the second quarter. Many times, this growth spurt exceeds the previous fourth-quarter growth rate, so company losses frequently have the opportunity to gain ground and then some, despite the depressive chill.

This year, as spring began, we enjoyed a sunnier economic forecast. Retail sales, durable goods orders and manufacturing activity rebounded nicely. Typically in warmer weather, retailers, recreation and food service sectors tend to perform well. In addition, there are fewer delays in transportation deliveries and warehousing due to weather-related conditions.

In short, when the sun shines, people start spending money again. As an economic panacea, it soon follows that when confidence and consumer spending increases, small business owners are able to expand and offer more jobs. In turn, businesses may be compelled to increase wages to retain valuable employees.

Be aware, however that one negative consideration on the horizon is that the Federal Reserve is expected to increase interest rates this fall. This would make home buying less affordable — particularly for first-time buyers.

Laura Hershey. Weather and Economics. March 23, 2015. “Investors and the Weather.” Accessed May 5, 2015.

Scott Minerd. Guggenheim Partners. April 10, 2015. “It’s the Weather.” Accessed May 5, 2015.


Mark Leberfinger. May 5, 2015. “US Economy Suffers in First Quarter of 2015 as Brutal Winter Curbs Sales.” Accessed May 5, 2015.

Aryeh Goldbloom – Life Insurance Planning Skokie IL – AGT The Safe Money People

Posted on Updated on – Life Insurance Planning Skokie IL | AGT The Safe Money People Give us a call today 847-933-9222

Life Insurance Planning

What happens to the cash value in a life insurance policy when you die?

Let me ask you a question, you have a life insurance policy and it has cash benefit and a cash value, do you know who gets the cash value when you die? That’s right, the insurance company. Let’s take for example a $100 policy that has a cash value of $20,000 So it be very nice when you pass away that the life insurance company would give you the $120,000, the death benefit plus the cash value, they don’t.

Whether you have a $1,000, $20,000or $99,000 cash value in your policy, they only gonna give you the $100,000 death benefit. All the cash goes to the life insurance company are you interested knowing ? How do I get both ? I want the $100,000 plus a $20,000 when I die and its not so easy to get my cash value while I’m living anyway, because I may have to pay taxes on it and also causes a loan that I have to pay interest on it give us a call make a time to see us and we will show you how you can get the death benefit and some of all the cash value rather than the cash going to the insurance.

AGT The Safe Money People has been serving customers in the Skokie Community for over the past 10 years. We hope you find this video helpful. If you would like to learn more about our services please visit our website Now if you have a specific question or if you have concerns regarding your finances give us a call 847-933-9222 and we will be happy to speak with you..

AGT The Safe Money People
5009 Oakton Street
Skokie, IL 60077
Phone: (847) 933-9222­e