Tag Archives: mertens insurance


Let’s be realistic, if you have an adequate investment and pension portfolio, if you have made provisions for your health care costs, if you have no one relying on you for financial support, maybe, just maybe you can afford to retire.

Did you know that a healthy 65-year-old man has a life expectancy of 87 and a woman, 89; and that 38% of the men and 50% of the women will live to age 90, according to recent research on longevity risks and retirement.

Have you thought about outliving your income? Perhaps a lifetime income annuity would be appropriate to cover your basic retirement needs.

Those with kids—and grandkids
How much will it cost to raise a child to age 17? In households with income over $105,000, it’s estimated to be $399,780. Per Child. Without college expense. Combined expenses may be $650,000 or more. How many children do you have? What happens when they come home to live after they graduate? How long will they stay? What happens if you’re is not around to pay these expense? Do you have adequate life insurance?

Grandparents provide the primary financial support for one out of 10 grandkids, and 49% of parents age 60 and older are still providing financial assistance to an adult child.

Is there still a need for life insurance protection? Absolutely!

And those in supporting parents
What about adult children who are supporting parents who are 65 or older? Some 15% of people age 40 to 59 are providing this support while still raising a young child or an adult child. For people 60 and older with a living parent, 50% of the parents need help with day-to-day activities. Does the caregiver still need life insurance? What happens if the caregivers are no longer around?

Add in medical and long-term care
Now let’s talk about the cost of medical care after retirement. According to Fidelity Investments, the average 65-year-old couple will spend $220,000 in 2013 dollars on out-of-pocket medical expenses during retirement.

Have you provided for this in your retirement planning? Keep in mind that this does not include the costs for long term care, which is easily $100-$250 a day.

A solution
So let’s come back to life insurance—cash value life insurance. It will be there when it is needed most and provides guarantees, versatility and flexibility for changing situations. Cash value life insurance provides security, dignity and peace of mind and solves the risk problem for pennies on the dollar.

If you love somebody, owe somebody or have someone dependent on you, you need life insurance.

How Much Renters Insurance Do I Need?

When you rent an apartment, condo, or even a house, it is important to have renters insurance, but the question so many pose is, how much renters insurance do I need?

Your new house

Depending on who you ask, the average renter could have anywhere between $20,000 and $30,000 worth of belongings. Again, the AVERAGE, you could have considerably more in belongings, depending on your individual taste and lifestyle. Continue reading How Much Renters Insurance Do I Need?

The Real Value of Motorcycle Insurance

It may sound obvious, but anyone who owns a motorcycle needs motorcycle insurance. Aside from the fact that it is illegal to operate a motorcycle on a California highway without insurance, operating a motorcycle without any insurance is leaving yourself vulnerable to paying out of pocket for thousands of dollar in expenses. It is much safer to operate your motorcycle when you protect yourself with quality motorcycle insurance.

Motorcycle insurance policies generally cover:


  • Property damage and bodily injury liabilities
  • Uninsured Motorist
  • Medical bills
  • Collision and comprehensive insurance options

Naturally, there are additional coverage options known as specialized insurance option. These can include coverage for total loss replacement, accessory coverage, rental vehicle coverage, transport trailer coverage, and roadside assistance and other emergency service.

Motorcycle Insurance and You!

Investing in a proper motorcycle insurance plan is considered invaluable. Motorcycle insurance is a completely separate insurance policy, when compared to car insurance. You can’t actually use car insurance to cover your motorcycle, because motorcycles and other recreational vehicles are considered to have specialized needs different from those of a standard car.

The standard motorcycle insurance policy will usually cover minor to sever accidents; along with assisting in paying those expensive repair and hospital bills in the event that you are found to be at fault for the collision. When you are operating your motorcycle, it is important to have the piece of mind that you have a good policy to back you up in the event of a collision. A good policy will have benefits such as:

  • Immediate coverage for damages to your motorcycle
  • Immediate coverage for personal injury

You wouldn’t operate your car without car insurance and as we found out last week, we wouldn’t operate our RV without the proper RV insurance. So why would you operate your motorcycle without proper motorcycle insurance? You wouldn’t! Whether your motorcycle is your daily commuter or a luxury vehicle,  Mertens Insurance can work with you on a policy that will fit your specific needs.

Learn additional reasons why your recreational vehicles should be insured…

Click here for more information about Mertens Insurance Motorcycle Insurance policies and to contact us today!

The Importance of RV Insurance

Recreational Vehicles or “RVs,” as they are more commonly known, are just as important to fully insure as your home or vehicle. RV insurance can come to your aid if you are involved in a traffic collision.  A couple of hundred dollar camp-rv2deductible is much more affordable than a few thousand dollars that it could cost to repair your RV without the luxury of insurance. Continue reading The Importance of RV Insurance