It’s not uncommon knowledge that the demographic known as Millennials are true game changers.  They’ve changed the game for many of the products and services that we use on a daily basis.   Every day, a new headline comes out about how Millennials are buying less of one product, but more of a different product. In comparison to their parents and even grandparents, Millennials are waiting longer before entering the workforce, delaying the major decision of purchasing a home, and even holding off until having children until much later in life.   While the statistics are true regarding Millennials playing the waiting game for most milestone purchases, one waiting game that can become detrimental is not purchasing life insurance while you are young.

Premier Financial Alliance offers its top reasons why Millennials should stop waiting and consider purchasing life insurance policies now.

Affordability Changes with Age & Health
Life insurance premiums use a number of factors to determine their cost.   Two of the most important factors include age and health. At a younger age, you are typically in better physical health and condition than someone looking to purchase life insurance in their 30’s or 40’s. As a young and healthy individual, you are less of a liability for an insurance company.   That is why it is best to lock in your premium rate as early as possible.

Funerals are Expensive
The average cost of funerals are currently ranging between $6,000 and $10,000. That’s a lot of money in general, let alone to have to shell out immediately and unexpectedly. Though the circumstances of your death may be out of your control, leaving someone to foot that bill can be a tall order to ask.   Even with a small life insurance policy, a little bit can go a long way in alleviating some of the pain of the cost.

Consider your Cosigners
It is no surprise that the current crop of recent graduates are saddled with an alarmingly huge bill for student loan debt.   For the foreseeable future, Millennials will be paying back thousands upon thousands of dollars that were borrowed for their education.   If you’re one of the many Millennials whose parents helped cosign their student loans so they could afford school, if you die suddenly, you co-signer is still responsible to repay that debt.   Purchasing life insurance and naming your co-signer as a beneficiary is a good idea to help cover any outstanding debts.

It’s okay if you wait a little to have a family or buy a house, but don’t wait until it’s too late to purchase life insurance. For more information or to check our Premier Financial Alliance financial advice tips at  https://www.pfaonline.com/.

Growing your company comes with more than just an extra expenditure on the budget sheet.  It comes with added opinions, skill sets, and people working to achieve the same goals.   While the goals are common and the mission and vision are the same, how everyone achieves those goals and gets along is not as cut and dried.  Finding a group of people that can seamlessly work together for a common goal can take a lot of trial and error.

Whether you’re a new entrepreneur or have been a CEO for years, developing a culture of success is vital to the functionality of your business and the happiness of your workforce.   If there’s one thing that Premier Financial Alliance knows, it’s how to create that culture of success that many businesses are still struggling to figure out.   From happy employees to financial freedom, Premier Financial Alliance has found the formula to help thousands of people make it happen.  In order to achieve that, Premier Financial Alliance has provided the following helpful tips that you can use in growing your own business.

Embrace Cross-Training
One of the best ways to really tap into your workforce is to cross-train your work staff.    Associates that can only perform one function are not as valuable to the company as those with multiple skill sets. Additionally, when you train your Associates to perform different aspects of the business, it makes it easier for a business to grow.    This also shows your Associates that you care about their development and their future advancement within the company.

Become Transparent
It’s hard to work for a company when Associates feel as if aspects of the day-to-day business are being hidden from them.   Associates like to know what is going on, especially if it affects how they do their job and future.  Premier Financial advises giving Associates the opportunity to ask questions in a safe and secure  environment so they can have a better understanding as to what is going on within the company.

Empower Associates
No one likes to be micromanaged.  No one likes to feel as if they constantly have to watch their back or worry about someone breathing down it.   Premier Financial believes that  by giving Associates a general set of guidelines and goals that need to be achieved, you allow them to find their own voice and become more creative.  This empowers them to get the job done while feeling better and more involved in their work.

When it comes to creating a culture of success, it comes down to a shared responsibility between the business and its Associates  Premier Financial Alliance has a proven track record of success that it is willing to share with those who dare to be different.

Take a good look at everything around you. Your home, your family and friends, car, even your job, just take a look at all of it. Imagine one day you have everything you need and the next day, all of that is gone, washed away in a hurricane. While this was just a hypothetical situation for you, this is a reality for millions of Americans affected by Hurricane Harvey.

On August 25, 2017, the nation’s first major hurricane (Category 3 or stronger) since Hurricane Wilma made landfall on the Texas Gulf Coast. Hurricane Harvey originated as a tropical wave off the African Coast before becoming a Tropical Storm off the Lesser Antilles. Here, the storm died off yet still pushed forward into a Tropical Depression. While the path and strength of Hurricane Harvey left many questioning how to respond or prepare, those questions were quickly answered. Within 56 hours of resurging as a Tropical Depression, Harvey officially became a Hurricane and hit the Gulf Coast hard.

As scenes from Houston were broadcast and more and more information about the impact of Hurricane Harvey became largely available, companies rushed to action to help those in need. One of those who felt compelled to help was Premier Financial Alliance. Through their SEAL Foundation, a 501(c)(3) non-profit organization founded by the Wu Brothers, the “Harvey’s Donations” fundraisers came to be.

The goal for the “Harvey’s Donations” fundraiser was to raise $25,000 from August 31 to September 5. However, within 36 hours of launching, “Harvey’s Donations” reached its $25,000 goal with ease. At the end of it all, The SEAL Foundation was able to raise $27,000 to go towards Hurricane Harvey relief efforts.

Even though the storm is over, and the community has started to rebuild, they are a long way from being fully recovered. It is estimated that the damage from Hurricane Harvey caused more than $100 billion dollars in damages. This includes homes, cars, businesses, and restoring the environment. On the outside looking in, these may just seem like objects that can be replaced, but to those experiencing the devastation first hand; these are their homes, businesses, memories, and livelihood. Every little bit helps.

While Premier Financial Alliance reviews the success of their fundraiser, they can’t help but feel appreciative for everyone who gave of their own time and money to make the “Harvey’s Donations” fundraiser a success. Thanks to over 100 donors comprised of Premier Financial Alliance agents, SEAL Foundation supporters, and other generous givers, the “Harvey’s Donation” fundraiser was a true group accomplishment.

The life insurance industry is saturated with different types of policies and agencies trying to sell to those policies. Getting down to the nitty gritty of what you truly need to know in order to make an informed decision can be tedious business. Relying on your friend and family can only get you so far, as their needs may not be the same as yours. The licensed insurance agents of Premier Financial Alliance (PFA) understand that, as they focus on educating, marketing, and selling necessary life insurance policies to those who need it. One product in particular that Premier Financial Alliance specializes in educating their clients on is an Indexed Universal Life policy (IUL). Indexed universal life insurance policy is a type of universal life insurance policies that provides death benefit protection and the opportunity to build money inside your policy, called cash value, based in part on the increases of market indexes.  With an Indexed Universal life policy, you have the opportunity to allocate specified cash amounts to either equity index accounts or fixed accounts. Though the concept of an Indexed Universal Life policy may sound complicated at first, it’s not as complicated as one may think. There are a number of pros and cons that come with an Indexed Universal Life policy, and Premier Financial Alliance reviews them with you thoroughly so you are fully aware of all the aspects of the product.

While indexed universal life policies may not be for everyone— that is why you need a PFA trained professional life insurance agent to advise you as to the best type policy for your needs.