Tuesday, January 10, 2006

World Financial Group and Me

So I'm going to plant my flag and try something new. A few years back I got involved with World Financial Group and then got busy in contracting. I figured it was time to use whats left of my mind and focus on something that actually means something to others. Several years ago I visited with a guy named Rick Creighton, my wife's grandmothers step son, who is into realestate. he said if he could find something that baby boomers wanted he could be rich. I never put that together till that day. What do baby boomers need? they are all going to retire within the next few years and there happens to be alot of them. I had my own series of scares through life and I seem to need security more and more. People need to be able to retire with dignity financially. It scares me to death even in my own situation that I won't have enough to retire on and that I may need to dip into the government dole to survive. Life insurance was another aspect that appeared as a wall when I was diagnosed with cancer. I though I was invincible, didn't drink, didn't smoke, stayed away from riotous living and I figured i didn't need insurance. That one really hurt, I was scared for my wife. I had to wait 10 years to be called clear so I could get life insurance, and yes it is a huge relief to know that there will be a monetary increase for my wife if I croak. So this stuff intrigues me. I went through a few different companies trying to find one that just sat right with me. I found WFG through a friend, Murray Clarke, and as he gave a presentation to me I ended up with a smile or grin I couldn't wipe off for a week. I checked the internet for anything on them and of course there was a website that indicated it's work was to warn all others of the injustices of WFG. I read it all and with questions and concerns returned to meet with Murray. What I figured out through time was this, This company brokers insurance for many companies like transamerica, Equitable, Franklin Templeton, TD they are owned by Aegon who is at present the fourth largest insurance company at over 420 billion in assets, I think that's alot of money. They are very strict in there code of conduct and will terminate even a leader if they are guilty of an offence. that was important to me. They may have had a sordid reputation in the past because of a dictator like leader and a few agents and they cleaned up. Aegon bought the company, got rid of Hubert and terminated all the rotten apples, I think that is a sign of a successful company, one that has growing pains but fixes them and becomes better because of them. So now you look at their fruits. what have they done? there motto IS "No family left behind", they don't focus on the elite in class, they focus on helping people like me. they got me insurance when several others wouldn't even try. They showed me how to work with money so that I control it instead of it controlling me cheque to cheque, month to month, job to job.