We have provided answers to many of the frequently asked questions about insurance needs and terms in this section.  Feel free to browse or use the term or keyword search to quickly identify answers to specific question you might have.  If you don't find what you are looking for please contact us with your specific needs and we will find an answer to your question.

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What is our relationship with insurance companies whose products we sell?

As some of you may be aware from recent press reports, regulators in various jurisdictions are investigating the receipt of contingent compensation on the sale of benefits and property and casualty insurance products in excess of standard commission rates. We are writing to provide you with information regarding our relationships with insurance companies whose products we sell. As a valued client, it is our goal as your service provider to place you in the best possible position to make informed business decisions.

As a subsidiary of National Financial Partners Corp. (NFP), we are a member of a financial services network containing approximately 140 owned firms and approximately 185 affiliated firms. Firms within the NFP network engage in one or more of its primary lines of business, which include corporate and executive benefits and property and casualty insurance brokerage. Firms are compensated through fees and commissions for services provided to clients in each of these lines of business. In addition to the standard fees and commissions received for the services provided to you, we or our affiliates may earn additional compensation for our role in providing certain products and services to you under separate contracts with insurance companies and/or group benefits providers. Insurance companies and group benefits providers may pay us or our affiliates contingent compensation upon satisfaction of factors such as volume, persistency or profitability of the business placed with such insurance company or group benefits provider. In addition, such product and service providers may pay us or our affiliates fixed amounts related to the support of NFP company conferences, conventions and other marketing efforts.

If you are interested in receiving additional information on any of the matters discussed above, please contact us. As always, we value your business and appreciate the opportunity to provide you insurance and benefit services.

Individual Insurance

What is Universal Life Insurance?

Universal Life Insurance is a kind of flexible policy that lets you vary your premium payments.  You can also adjust the face amount of your coverage.  Increases may require proof that you qualify for the new death benefit.  The premiums you pay (less expense charges) go into a policy account that earns interest.  Charges are deducted from the account.  If your yearly premium payment plus the interest your account earns is less than the charges, your account value will become lower.  If it keeps dropping; eventually your coverage will end.  To prevent that, you may need to start making premium payments, or increase your premium payments, or lower your death benefits.  Even if there is enough in your account to pay the premiums, continuing to pay premiums yourself means that you build up more cash value.
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FINRA broker check Securities offered by The Tavenner Company 4910 Old Mechanicsburg Road, Springfield, Ohio 45502 Telephone: 800-543-6922 Member of FINRA-SIPC-MSRB.

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