Stephen Ross discusses how he serves his clients by making the best decisions on term life insurance and able the new type of term life with living health benefits that can pay out while you are alive.
Listen to the interview on the Business Innovators Radio Network:
When making decisions about term life insurance, one must consider their current financial situation and long-term goals when selecting the right option. It’s also essential to determine how much life insurance they need to cover potential costs such as funeral expenses, medical bills, and any debts or outstanding loans. Different factors will affect how much coverage people should purchase, including age, income level, number of dependents, and health history. There are three major areas people need term life insurance to cover; these are pay off debts, income for dependents and the loss of retirement fund for the spouse.
Most of the term life insurance today, it only pays out if you die or if you have 12 months or less to live. The new type of term life will pay out with no added cost for critical illness or a term life insurance policy. It’s important to compare prices to get the best value and coverage. It’s helpful to evaluate the features offered by different companies to determine which is the most suitable for a person’s needs and to consider factors such as the cost of premiums, death benefit amounts, and riders available with each policy before making a decision.
Stephen says: “Remember that life insurance is an investment for your family’s future and provides vital financial protection in times of need. Investigate all of your options carefully before selecting a policy so you can be sure you have chosen the right type of protection. With the right research and guidance, you can find a term life insurance policy that is right for you.”
Client Sheri Louthan says: “They have covered all our insurance needs for home, life, long-term care and vehicles quickly, with great communication and just the right products.”
Client Tabea Goossen says: “I needed medical insurance and discovered that Obamacare was unaffordable. I tried Dave Ramsey’s ELP program, and was contacted by Ross Insurance Brokers; I was able to reduce my medical, home, and auto insurance costs, and I was treated professionally in the process.”
About Stephen Ross
He was born and raised in New Zealand. He completed Bible college in World Missions at the age of 24 in Singapore. His hope was to be involved in the missions in Asia. He was newly married and needed to find a job so he can provide for his family and so he had to put missions on hold to establish a family in New Zealand.
In 1998, he was offered an opportunity as an Insurance Agent and thought to give it a try. He realized that he really enjoys getting to know each family members and having the ability to design an insurance plan that would meet their specific needs and budget. This began his passion for helping families and individuals through the insurance industry, as well as living an example of faith in the business world.
He decided to relocate his family to Portland Oregon in 2002, where he began working for New York Life. During that time, he took Dave Ramsey’s Financial Peace University through his church. This class totally changed his way of thinking about insurance and inspired him to work independently. In 2003, he quit New York Life and began the adventure of Ross Insurance Brokers out of his garage. By 2007, Ross Insurance Brokers was officially incorporated! He then focused on building a team and the company expanded into other lines of insurance.
He has found that each team member has their own strength which provides a better client experience. Teamwork is a very important value of who they are today! He loved what he had learned through Dave Ramsey’s programs and decided that he wanted to partner with his company, Ramsey Solutions. He became a Dave Ramsey Health Endorsed Local Provider for Oregon in 2011 and quickly expanded to several states. His heart was to make sure everyone would get the best value and price for their policies. He approached each policy as if he were purchasing them himself and applied the common knowledge of what Dave Ramsey talks about.
Business for Ross Insurance Brokers, Inc. continued to grow. They have been in the business for 22 years now and are working hard to continuously provide excellent care for their customers. They are a Dave Ramsey Health ELP in 14 states. They now have a full team dedicated to making sure that every client is provided with education and genuine care for their specific journey.
His goal as the CEO and President of Ross Insurance Brokers, Inc. is to show that the company values people before profit, that they will be innovative in their solutions to meet each individual’s needs, and will strive for excellence in all that they do.
With his wife from Singapore and his heart for the mission it is their desire to use their company to give back to the less fortunate in Asia. Today, both his children, Josh and Grace work with him as they grow their mission to help families around the world.
With Covid, the team has changed; they used to have an office but have found that even working remotely they are able to work effectively and are able to serve their clients as efficiently as possible. Their team is located throughout the country and in the Philippines.
Set an appointment with one of the advisors in their office. https://rossbrokers.com/