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Albemarle Tradewinds November 2016 Web Final

November 2016

JIM KAIGHN INSURANCE

JIM KAIGHN INSURANCE AGENCY- HOME OF THE “INSURANCE DOCTOR” Life Insurance is the only form of financial contract which GUARANTEES that there will be a payoff. It is a very special contract in that the insured person has money set aside right now for a special purpose later be it for his family or for business protection. Most forms of Life Insurance do the same thing in the end: that they pay the money to whomever the money has been willed to. It is the only form of insurance that is WHEN insurance. LIFE INSURANCE, being WHEN insurance is just sitting there ; waiting to be used, hopefully, a long time from now. BUT pays off immediately after the contract goes in force. ( EXCEPT for some TV commercial plans that make you wait 3 to 4 years before value is there). Since most Life Insurance policies do the same thing in the end, there are different thing it can do for the insured or the owner while the contract is being paid for. This leads us into the different types of plans available and what each one can and will not do. Basically, there are two types.. TERM and PERMANENT, all others are just forms of these types. TERM INSURANCE is just renting your coverage for a certain amount of time; either one year, 10 years, 20 years or 30 years, and NOW LIFETIME TERM!! Like renting your house, you will most likely never get back any money when the insurance runs out.. ( UNLESS you have RETURN OF PREMIUM provision}..You are only covered for as long as the period of time your policy calls for. If that person dies one day after that, the contract is not good. ( There is a company that will cover you beyond that time}..One of the main advantages of TERM INS. is the low cost. But, is that an advantage??? Next Evolution Wrestling by Tracy Anderson Plenty of treats and a few sneaky tricks was the theme for Next Evolution Wrestling’s Feast of Fears ll last night. NEW was invaded by 4 new tag teams, The Hounds of Hades, Blunt Force Trauma, Kings of Savagery and The Nintendudes. With the addition of these new tag teams, the Annual Tag Team Tournament in February should be very exciting. The Hounds of Hades proved they would stop at nothing to get what they wanted. The high flying Nintendudes captured the win, due to the disqualification of the Hounds, who brought out a metal chain to attack with. Beau Crockett continued his quest to regain The Evolution championship. He battled Diamond Victor Griff, and although there were moments that his quest looked doomed, he managed to pull it out in the end. Defeating Griff and issuing a challenge for current champ Lee Valiant. by Jim Kaighn The truth is TERM INS. starts off at a low cost, but go up during the period you are covered for, or it can remain level for the entire period. Most times when a policy runs out, folks will have no insurance after that so is TERM INS. REALLY A GOOD BUY?? TERM INS. is good in its place, and like I recommend, be bought along with a PERMANENT PLAN. PERMANENT INS. is more expensive in the beginning, but in the long run can cost less than term ins.!! That is because it builds up cash values and dividends (though not guaranteed), but are mostly always paid by better companies). DIVIDENDS can be used to increase insurance, increase cash value, lower premiums. Some families can not save any money other than using the accumulate at interest option. Another type of permanent ins. is called UNIVERSAL LIFE.. But, like TERM ins.if not properly sold can be worthless later on.. Many people got burned by BAD agents back in the 1980’s and 1990’s for unethical practice and many companies were sued of this.. Universal Life will be discussed in a later article!! Next month, PROBLEMS with TERM INSURANCE that is now just coming to light!! I can be reached at 252- 335-5983 or 252-202-5983 e-mail at “WWW.INSDR@ROADRUNNER.COM.. Check me out on my website at WWW.INSDRJIM. COM...HAPPY TRAILS Blunt Force Trauma vs The Kings of Savagery, Vortex vs Eddie Cannon and Elias the Stalker vs Kevin Cross completed the evening of action. To view these matches and more go to www.youtube.com/unrealent2009 Make your plans now to join us December 17! Elizabeth City National Guard Armory, bell time is 7:30pm, doors open at 6:30pm. This is our annual charity show to benefit The Salvation Army fill the truck program. $5 off at the door if you bring an unwrapped toy. Featuring Ring of Honors Brutal Bob Evans. Don’t miss this exciting night of action and help the local community for Christmas help. Pssst.. rumor has it, Santa may stop by! One resists the invasion of armies; one does not resist the invasion of ideas - Victor Hugo A day will come when there will be no battlefields, but markets opening to commerce and minds opening to ideas. - Victor Hugo 10 Albemarle Tradewinds November 2016 albemarletradewinds.com

Michael P. Sanders Attorney at Law Serving the Albemarle Region and the Outer Banks since 1990. Criminal and Traffic Law, Catastrophic Personal Injury and Wrongful Death, General Practice. Dear Dr. Crime Dr. Crime is a pseudonym for a social scientist holding a Ph.D. degree in sociology and in criminology. He has worked in all major parts of the criminal justice system. Drop him a note at the website www.keepkidshome.net If you or your child is in trouble, he may be able to help, give him a call (2523390000) or E-mail at reedadams@yahoo.com Dear Dr. Crime: My mom and dad are getting on in years, and I am worried about them being hurt. Please tell me that old folks are safe and I do not need to worry. Little Jack Horner Dear Dr. Crime: We hear much about “criminal justice reform”. What does it mean and how powerful a social - political force does it represent? Lady Cop Lover 406A-1 South Griffin Street Elizabeth City, North Carolina Office (252) 331-1628 Fax (252) 331-1657 msanders@michaelsanderslaw.com www.michaelsanderslaw.com Bob’s Guns also does gun repair! Dear Jack. I applaud you for being concerned about your aging parents. The June issue of American Psychologist which is devoted to “Aging in America” reviews the research on elder abuse, reports disturbing findings. Two findings stand out: at least 1 in 10 old folks are abused, and there is a dramatic discrepancy between the number of abused we know of and the actual much larger number. It seems elder Americans do not want to report abuse. With over four million elders being abused, we better do something. The research indicates it hits every group, with no difference in race, ethnicity and culture. Research shows several types of elder abuse, including physical, emotional, sexual, financial, and neglect. Often, those people abusing the old folks are family members or others the old folks trust. Although most of it goes unreported, we know enough to see that the impact is typically quite profound. We need better research so we can determine not only the exact nature of the problem, but what intervention programs work the best. Last year there was a White House Conference on Ageing that put out a report, and the AARP has a Foundation. I urge you to review those materials and take action. Often, bullies are abusing people that cannot defend themselves. Dear Lover: The Raleigh News and Observer, on April 1st, ran an essay arguing such reform was more important to the public than other issues. Hilary Shelton and Derek Cohen, the authors, make several good points. They noted the pervasiveness of criminal justice impacts, as affecting almost every American. And it is true that we have the top incarceration rate of all countries in the world. They report the financial cost of our CJ system and point out that prison cost has gone up 595% over 30 years. Their polls show, as does other evidence, that citizens want to change these conditions and focus on “rehabilitation” of criminals. I agree such a policy can reduce the number of future victims as well as radically alter the lives of the offenders. As a Probation Officer I have done many “pre-sentence investigation reports” requiring me to recommend what action the courts should take. That demanded that I get involved with family members and victims. I was left with a powerful belief that less of that sadness and more productive events must be our future if we are to improve as a human species. I hope I hear from readers about their views, and I shall return to the issue of CJ system effects again very soon. facebook.com/AlbemarleTradingPost Albemarle Tradewinds November 2016 11