Monday, November 10, 2014

Ethical issue of buying life insurance your agent may not tell you..

Are you thinking about buying life insurance?   

Most Life insurance agents and companies will:
- Gladly take your money each month or years as you pay your premium
- Will try to sell you the best product they have for the best rate
- Be there for you when you are filling out all the paper work for your application
- Walk you hand and hand through the process

However, when it comes time to buy a larger policy or cancel the one you have because you may not need it, most life insurance agents run into an ethical issue.  They will not even think about telling you about life settlements; where you could get some of the money now for your policy vs when you were to pass. Although some agents don't even know the life settlement market exists, someone in their firm most likely does.

Please be aware of this terrible ethical issue.  

I recently learned of a woman that has been paying on her life insurance policy for years and she just bought a larger policy.  She still has her old policy and is thinking of just letting it lapse.  The life agent that sold her the larger policy cannot tell her that she could sell her policy in the Life Settlement market because he said : " I am unable to even mention that option to my clients per my company's compliance. We can have nothing to do with the buying of life insurance."  

You deserve to know all the details behind the Life Settlement market that they don't want you to know because it cost them money when they have to pay out life insurance polices. It cost them when they have to do what you are paying them to do. Most life insurance agents cannot tell you about Life settlements due to compliance of the company they represent as stated above.

Please give me a call if you have any questions. 

Michael Fillers, CPIA 
C - 251-753-8011
How I met JESUS in the flesh and HE saved me:
Matt 24:46-47
"Blessed is he whom his master will find at work when he arrives. Truly I tell you, he will put that one in charge of all his possessions." 

Monday, October 20, 2014

New Life begins when we are Born Again....

The cry of every longing heart can be made new from the one whom John the Baptist was Calling out in name of the Lord. This Jesus is not just worthy of you rising for but also bowing to forever more.  For every tongue will confess and every knee will bow to Him.

He is worthy of your life today and forever as they are one in the same. Once a new life in Jesus starts it doesn't end. It is eternal as He is eternal. This life of Joy and peace inexpressibly doesn't just 'start' once you get to heaven, New Life begins when we are Born Again. The devil will fool you into thinking that you must continue to strive but you don't. Jesus came to take away the strive and make you come alive in Him...Or should I say Him come alive in you.  So have a great day in the Lord Jesus Christ.  He died 2000 years ago so you could live for Him forever...

Friday, September 26, 2014

Are you a Board Member? Get D&O before you say Uh Oh!

Are you a Board Member flapping in the wind of Liability because you dont have any Directors and Officers (D&O) Liability Insurance?

Every director and officer of a homeowner association board has personal responsibility for HOA business. The basic purpose of Directors and Officers insurance is to protect directors and officers from claims made because of wrongful (or allegedly wrongful) acts or omissions made while acting in their individual or collective capacity on behalf of the homeowners association.

GENERAL LIABILITY INSURANCE...
will not protect directors and officers in the same way. This insurance is to cover against third party bodily injury and property damage. Directors and Officers insurance covers against third party financial damages and other claims not covered under General liability.

Here's a list of scenarios in which directors and officers have liability:
  • Continuing a wrongful practice after learning it's wrong
  • Libel or slander
  • Failing to pay HOA debts in a timely manner
  • Improper management resulting in losses
  • Receiving personal gain while performing as director or officer
  • Making decisions based on adequate information and advised judgment
  • Ignorance of HOA books and records
  • Verifying content of official documents before signing
  • Obedience to the governing documents
  • Self dealing
  • Aiding and abetting illegal actions of others
  • Conflict of interest
  • Carelessness in conducting business or legal matters
  • Failing to see what could be seen by merely looking
  • Inducing intentional or careless wrongdoing
  • Ignoring statutory or regulatory requirements
  • Insufficient oversight of officers or employees
  • Nondisclosure of questionable or unlawful actions
  • Willful wrongdoing 


  • Why you need Coverage:
    https://www.travelers.com/business-insurance/management-professional-liability/private-non-profit/directors-officers/documents/59651.pdf
    Other Claim Examples:
    https://www.travelers.com/business-insurance/management-professional-liability/private-non-profit/directors-officers/documents/59651.pdf

    http://www.insurancejournal.com/magazines/features/2012/04/02/241157.htm  

    More Info: 
    https://www.travelers.com/business-insurance/management-professional-liability/private-non-profit/community-homeowners.aspx

    If you have any other questions, Please give me a call.

    Michael Fillers, CPIA
    Morris Insurance Agency, LLC
    3032 Dauphin Square Connector
    Mobile, AL 36607
    O - 251-473-5119
    F - 251-473-6301
    C - 251-753-8011
    How I met JESUS in the flesh and HE saved me:
    Matt 24:46-47
    "Blessed is he whom his master will find at work when he arrives. Truly I tell you, he will put that one in charge of all his possessions." 

    Monday, September 22, 2014

    Another Sisters Testimony of Faith in Jesus Christ--T.H.

    T.H.
    Personal Testimony of Faith

                   My first memories of being in a church and exposed to the Christian faith was when I visited my grandparents in the summers growing up.  When I was very small, my grandparents would take me to a small country church near their farm every Sunday morning and for one week during the summer I got to go to a “camp meeting” in an outdoor setting where there were hours of singing and preaching.  They were Methodists and my mother took me to a Methodist church in the city where I grew up.  I loved to watch a television show in the early 1960s called “Aunt Beka’s Bible Stories” starring Beka Horton (who later founded aBeka Christian curriculum for schools and Pensacola Christian College).  She founded a camp in Cantonment, Florida (just miles from Pensacola) called Camp O’ the Pines and when I was in the first grade, my mother sent me there.  It was at that camp that the message of salvation was first shared with me through a book called the “Wordless Book” full of pages of color.  This book fascinated me because of the lesson behind the beautiful colors: the black page was for sin in our lives, red for Jesus’ blood shed for us, white for being washed white as snow, green for growing in Christ, and my personal favorite, sparkling gold for heaven.  I remember going forward during the invitation and asking Jesus to come into my heart and forgive me.  He has been with me ever since.  When I was thirteen, I went forward at an invitation at my Christian school and at that time prayed and asked Jesus to be the Lord of my life forever.
                   When I was eight years old, my mother purchased a used spinet piano for me and I began to learn to play.  At thirteen, I played the organ for my first wedding at my home church and was asked to play for Sunday services.  I have been playing in churches ever since.  My choir director also found that I had a singing voice and I began singing in youth choir, then in college, then on television and radio, and most recently in the choir in the Mobile Passion Play at my church. 

                   I have always wanted to further the Gospel of Jesus in my life and in the lives of others.  I enjoy the outreach ministries that I have been a part of in the Christian college that I attended for a while and in the churches that I have been associated with and a member of over the years.  If asked what my beliefs are, I would have to say that I believe that the Bible is without error and is given to man by inspiration of God; that Jesus Christ is the Son of God the Father; and that the Holy Spirit is sent to convict non-believers and to dwell in the hearts of believers to minister to them.  The purpose of the Christian is to glorify God in their lives and to be the voice and feet of God to others.

    Thursday, September 18, 2014

    How I met Jesus and HE saved me...

    Jesus saving me...09-10-2008

    A college friend of mine asked me on a while ago – What’s up with all of the religious post all of the time? Hope ur doing well. Why do u use FB to channel all of ur religious beliefs? Just wondering?—My answer is—-well i guess you can say it really comes down to 1 question: If you were to die today, do you know 100% for sure you would go to Heaven? I thought i was sure till 9/10/2008 and i got really sick and thought i was going to die…I prayed from Noon till about midnight to Jesus to take my life and kill me because i was hurting so bad..i couldnt talk and was shaking and sweating like a crazy person…i was crying out to Him, as if He didn’t already know everything about me even before I was born,,,,that i had plenty of life insurance for my family so they would be fine & begging Him to take my life OR to save me and I would worship Him and Praise His name and tell others about Him for the rest of my life..so, in the fetal position against the head board of my bed i prayed that prayer of take my life or leave here to Glorify you Jesus for about 12 hours(Noon till about Midnight) …then @ midnight I looked up and at the end of my bed I saw Jesus standing right there in the flesh. This was no vision or dream, it was JESUS.. I looked into my makers eyes only to hear Him say dont you know how much i love you, dont you know how much i care for you. That everything in the Bible is about me and I am the Truth and I am LOVE…. that you dont have to suffer, just trust in me and i will give you the New life the Bible talks about…then i had only what I can call an outer body experience and saw my self when I got baptized, first communion, confirmation, and even my marriage and how I was doing it just to go through the motions and it wasn’t sincere and all about given all the Glory to Jesus. like was supposed to be. Bottom Line, I was a Catholic(a religion) not a Christian(a believer in Jesus) I didn’t have my Heart in it….then He said some Joyous words that I will NEVER forget. Jesus told me, “NOW IS NOT YOUR TIME, BE HEALED”…and immediately the pain I had in my stomach for the prior 14 or so hours was GONE! Also, immediately gone was the constant GREEDINESS I had to make as much money as possible. Staying up day and night to try to find the next deal to m ake more money as if that would fill some kind of void or make me truly happy because it never did. I just wanted more and more…Something that also changed was something that had never been there before, a complete and total urge to WANT TO learn more about Jesus, the Bible and whatever HE wanted my life to be like….its the difference of WANTING TO GO TO CHURCH TO PRAISE HIM vs having to go to church because you have done it your whole life, or at least I did being a good Catholic boy…So here we are where we started, it really comes down to 1 question: If you were to die today, do you know 100% for sure you would go to Heaven? have the question again…I can say without a doubt YES!..can you? if you want to learn how you can say yes, call me or go here or both… http://www.thebiblepen.com/salvation.htm - if anyone would like a full audio version, send me your email address and i will send it to you via DROPBOX

    Wednesday, September 10, 2014

    9/10/2008 - The day I met Jesus...

    9/10/2008

    Jesus saving me...
    A college friend of mine asked me on Facebook a while ago – What’s up with all of the religious post all of the time? Hope ur doing well. Why do u use FB to channel all of ur religious beliefs? Just wondering?—My answer is—-well i guess you can say it really comes down to 1 question: If you were to die today, do you know 100% for sure you would go to Heaven? I thought i was sure till 9/10/2008 and i got really sick and thought i was going to die…I prayed from Noon till about midnight to Jesus to take my life and kill me because i was hurting so bad..i coulnt talk and was shaking and sweating like a crazy person…i was crying out to Him, as if He didn’t already know everything about me even before I was born,,,,that i had plenty of life insurance for my family so they would be fine & begging Him to take my life OR to save me and I would worship Him and Praise His name and tell others about Him for the rest of my life..so, in the fetal position against the head board of my bed i prayed that prayer of take my life or leave here to Glorify you Jesus for about 12 hours(Noon till about Midnight) …then @ midnight I looked up and at the end of my bed I saw Jesus standing right there in the flesh. This was no vision or dream, it was JESUS.. I looked into my makers eyes only to hear Him say dont you know how much i love you, dont you know how much i care for you. That everything in the Bible is about me and I am the Truth and I am LOVE…. that you dont have to suffer, just trust in me and i will give you the New life the Bible talks about…then i had only what I can call an outer body experience and saw my self when I got baptized, first communion, confirmation, and even my marriage and how I was doing it just to go through the motions and it wasn’t sincere and all about given all the Glory to Jesus. like was supposed to be. Bottom Line, I was a Catholic(a religion) not a Christian(a believer in Jesus) I didn’t have my Heart in it….then He said some Joyous words that I will NEVER forget. Jesus told me, “NOW IS NOT YOUR TIME, BE HEALED”…and immediately the pain I had in my stomach for the prior 14 or so hours was GONE! Also, immediately gone was the constant GREEDINESS I had to make as much money as possible. Staying up day and night to try to find the next deal to m ake more money as if that would fill some kind of void or make me truly happy because it never did. I just wanted more and more…Something that also changed was something that had never been there before, a complete and total urge to WANT TO learn more about Jesus, the Bible and whatever HE wanted my life to be like….its the difference of WANTING TO GO TO CHURCH TO PRAISE HIM vs having to go to church because you have done it your whole life, or at least I did being a good Catholic boy…So here we are where we started, it really comes down to 1 question: If you were to die today, do you know 100% for sure you would go to Heaven? have the question again…I can say without a doubt YES!..can you? if you want to learn how you can say yes, call me or go here or both… http://www.thebiblepen.com/salvation.htm - if anyone would like a full audio version, send me your email address and i will send it to you via DROPBOX

    Tuesday, September 9, 2014

    House Boat or Boat House Insurance...an interesting risk



    House Boat or Boat House Insurance...an interesting risk


    I Look forward to placing this risk..more to come..






    Thursday, August 21, 2014

    Another Testimony to the Lord Jesus for Salvation

    A fellow sister in The Lord sharing her testimony. I was 9 when I accepted Jesus as my Lord and Savior but I failed to really grasp the depth of my sinfulness as that age. I excelled in learning the scriptures and have always had the gift of spiritual discernment which made Biblical understanding something I grasped well from a young age. I was a fantastically morale teenager and I thought that I was a good person despite my faith in Christ and what I now realize is so very important to my walk and the great magnitude of my redemption.
    When I went to college I fell away from the Lord and stopped attending church( my parents had divorced my senior year of high school so I was kind of left to my own accountability to go). Regretfully, I made a lot of bad decisions and lived a life of sinfulness that saddens me deeply today. After a few years of this and the absolute realization of just how far from the truth the phrase “I am a good person because I am a Christian” was, God called me back to Him....how he called me back
    It was after college and its actually very complex because He just had his hand in so many aspects of my life unbeknownst to me. I dated and “fell in love” with this guy I thought was “ the one” and he was bad news. The drinking and partying commenced and I just put my whole heart into this relationship that ended up breaking my heart and I didn’t handle it well. All the while, my sister was getting divorced and has a son that didn’t have any church exposure at all, and I took a new job where there was this guy there that I am still great friends with that was just in love with the Lord. I was so rebellious and such a know it all of course but he challenged me in his boldness and his no apologies method of calling me out on my lifestyle. At one point I remember he even told me I couldn’t be saved because I wasn’t showing evidence of the fruits of the spirit in my life. Over the course of a year, the Lord just worked on my heart and healed some of my hurt and I just started to lose interest in that type of lifestyle. All the while, I felt an increasing burden to at least expose my nephew to church because his home life was lacking stability. I just knew that he needed to know the Lord to stand a chance in life.
    So, I first cleaned up my act a bit and with my nephew in tow started looking for a church. He was the one that suggested I try the big pink church despite me not wanting to. But I did it because if we don’t share with the future generations who will? And God commissioned us to do so. It just all came together after that and the Lord just convicted me to surrender it all and finally get off the fence I was straddling and dive in to a Christian walk with Him. Since then, I’ve had the privilege of getting to see my nephew accept the Lord as his savior, and his father did as well (not by my doing but he remarried and she is a Christian). So God used those people to pursue me all the while using me to help my nephew find the Lord too. And in the process, I met a wonderful Christian man who loves the Lord too in our orchestra and it’s just been an amazing few years. I hate I wasted so much time before.
    Moving on...Since then,
    I have such a deep understanding of just how wretched a sinner I and everyone else is and just how innately sinful our human nature is. We are so far separated from God in our sin that even turning our eyes away from him for a period of time can quickly lead us into that pit all over again. My blessing is that because of what I experienced and the poor choices I made in my young adult years, I have a stronger foundation of which I place my trust in now in Christ. I know in my heart that I was saved at 9 but I finally recommitted my life about 5 years ago to truly desiring and seeking the Lord and wanting to grow into a Proverbs 31 woman. That is one of my heart’s biggest desires. Im a  work in progress I am indeed but my security is forever rooted in His grace, and not my ability to be good enough for Him. And upon surrendering everything over, in every area of obedience of my life to date, He has poured out blessings I couldn’t have imagined in my life just 5 years ago. And the best thing is, He never abandoned me in my shame. Our sermon Sunday was about how the Lord wastes nothing and it is all for His glory. I am living proof of that. Where I was and the mistakes I made helped me to step into a more solid relationship with my savior.

    Amen and Amen!

    Friday, August 15, 2014

    To sell or not to sell your Life Insurance policy...

    NEVER let a Life insurance policy lapse or surrender one without considering a life settlement first. A life  settlement will ALWAYS yield more cash than lapse or surrender.  

    Reasons to Sell Your Policy…
    Only when the life insurance policy it no longer meets your needs.
    ( Most people buy life insurance for income protection—they want to protect a loved one (or themselves) from financial need in the case of the insured’s death. The most common reasons for a life settlement are that the insured person has outlived the beneficiary, or the beneficiary has “outgrown” the need for insurance
    protection. For example, a husband may take out a policy on his own life and name his wife as the  beneficiary. If his wife dies first, his life policy may be unneeded. Or a mother may take out a policy on the life of the father of her children, and name the children as the beneficiary. If the children achieve financial independence, the policy may become a burden instead of important protection.

    Reasons Not to Sell Your Policy...
    The number one reason for not selling a policy through a life settlement is that the policy owner continues to need life insurance, but cannot obtain replacement insurance due to advanced age or poor health. There is no true substitute for life insurance. If you need insurance, either don’t sell your policy, or consider ways to sell only a portion of it.

    In general, a life settlement may be a good option in any case in which you would prefer to have cash now instead of a death benefit later.

    Give me a call if you any questions or would like to learn more about Life Settlement Polices

    Michael Fillers
    251-473-5119

    Monday, August 4, 2014

    To quote or not to quote your insurance every year- that is the question...

    Below are the thoughts of one of my underwriters out of the Atlanta area regarding businesses who quote their insurance every year and how it may impact their chance of getting a 'better' quote every year...


    My insurance markets do not like to receive the same submission every year. When company underwriters receive an account and realize they have received it every year for however many years prior to that and have never really been given the opportunity to write the account the following may occur; 

    1-they never respond

    2 they automatically decline the account thinking that they will not be competitive because they didnt write it the previous year

    3- They increase the rate up with a high premium and or deductible knowing they don’t have a shot just so they can close it out.

    It really affects the insured submitting this to market every year. If they are happy with the current carrier and the carrier isn’t increasing their renewals dramatically for whatever reason other than increased revenue and or exposure then the insured should keep it with the carrier for at least three years. They have a better chance in receiving legitimate responses if they marketed every three or more years.


    Best kind of renters insurance for college kids – the free kind…

    I have had the question here lately:  how much will it cost to get renters insurance for my college son or daughter who is going off to school this fall?
    My answer is nothing, maybe…  If you have renters or home owners insurance it could possibly be free.  The best thing to do is to ask your agent how the liability form of your policy reads. In more cases than not, liability coverage  automatically extends to  “any premises not owned by you but where you may be temporarily residing.”  The policy may also extend up 20% of Personal Property to the same location. For example if you lived in a home that had personal property coverage of $136,710, then 20% of that or $27,342 is the amount of personal property coverage your child may have on all that old furniture you got out of your house when you moved them off to school.  So good news,  a renters insurance policy is one less thing you may not have to pay for while sending them to college.
    In the event that you have to buy renters insurance, the typical cost is about $12-$20 a month.
    One thing is for sure, every college kid needs to have some kind of liability coverage on where they are staying. If not for them, for the crazy friends they either have or will meet.