{"id":2763,"date":"2021-11-18T04:58:45","date_gmt":"2021-11-18T04:58:45","guid":{"rendered":"https:\/\/thehudsonagencyla.com\/torrance\/?page_id=2763"},"modified":"2021-12-07T03:48:06","modified_gmt":"2021-12-07T03:48:06","slug":"faqs","status":"publish","type":"page","link":"https:\/\/thehudsonagencyla.com\/torrance\/faqs\/","title":{"rendered":"FAQs"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.13.1&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#005984&#8243; custom_padding=&#8221;0px||0px||false|false&#8221; global_module=&#8221;2147&#8243; saved_tabs=&#8221;all&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.9.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.9.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_post_title meta=&#8221;off&#8221; featured_image=&#8221;off&#8221; text_color=&#8221;light&#8221; _builder_version=&#8221;4.9.7&#8243; _module_preset=&#8221;default&#8221; title_font=&#8221;|700|||||||&#8221; title_text_align=&#8221;center&#8221; text_orientation=&#8221;center&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_post_title][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Section&#8221; module_id=&#8221;contactPop&#8221; _builder_version=&#8221;4.13.1&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#DD1944&#8243; background_enable_image=&#8221;off&#8221; background_position=&#8221;top_left&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;||||false|false&#8221; custom_padding=&#8221;10px||0px||false|false&#8221; global_module=&#8221;2141&#8243; saved_tabs=&#8221;all&#8221; locked=&#8221;off&#8221; collapsed=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row make_equal=&#8221;on&#8221; _builder_version=&#8221;4.10.7&#8243; _module_preset=&#8221;default&#8221; width=&#8221;90%&#8221; max_width=&#8221;750px&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.8.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_cta title=&#8221;Call Now! <a class=%22ctaPhone%22 href=%22tel:8182845434%22>(818) 284-5434<\/a>&#8221; button_url=&#8221;@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjIxNyJ9fQ==@&#8221; button_text=&#8221;Contact Us&#8221; module_id=&#8221;cta_calendly&#8221; _builder_version=&#8221;4.14.2&#8243; _dynamic_attributes=&#8221;button_url&#8221; _module_preset=&#8221;default&#8221; header_level=&#8221;h4&#8243; header_font=&#8221;|600|||||||&#8221; header_font_size=&#8221;42px&#8221; background_enable_color=&#8221;off&#8221; custom_button=&#8221;on&#8221; button_alignment=&#8221;right&#8221; button_custom_padding=&#8221;10px|38px|10px|35px|true|false&#8221; text_orientation=&#8221;left&#8221; custom_padding=&#8221;0px|0px|0px|0px|false|false&#8221; link_option_url_new_window=&#8221;on&#8221; header_line_height_tablet=&#8221;1.3em&#8221; header_line_height_phone=&#8221;&#8221; header_line_height_last_edited=&#8221;on|tablet&#8221; button_alignment_tablet=&#8221;center&#8221; button_alignment_phone=&#8221;center&#8221; button_alignment_last_edited=&#8221;on|tablet&#8221; text_orientation_tablet=&#8221;center&#8221; text_orientation_phone=&#8221;&#8221; text_orientation_last_edited=&#8221;on|tablet&#8221; custom_css_promo_description=&#8221;float:left;||display: flex;||align-items: center;||justify-content: center;||flex-direction: column;||min-height:50px;||padding-bottom:0;&#8221; custom_css_promo_button=&#8221;width:100%;||max-width:200px;||float:right;||text-align:center;||min-height:40px;||padding: 0px;&#8221; global_colors_info=&#8221;{}&#8221; custom_css_promo_description_last_edited=&#8221;on|desktop&#8221; custom_css_promo_description_tablet=&#8221;float:none;&#8221; custom_css_promo_button_last_edited=&#8221;on|tablet&#8221; custom_css_promo_button_tablet=&#8221;float:none;padding:0;&#8221; button_bg_color__hover_enabled=&#8221;off|hover&#8221; button_bg_color__hover=&#8221;#EF8D30&#8243; button_bg_enable_color__hover=&#8221;on&#8221; custom_css_promo_description_phone=&#8221;float:none;&#8221; custom_css_promo_button_phone=&#8221;float:none;padding:0;&#8221;][\/et_pb_cta][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.13.1&#8243; custom_padding=&#8221;||||true|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row use_custom_gutter=&#8221;on&#8221; make_equal=&#8221;on&#8221; _builder_version=&#8221;4.9.4&#8243; width_tablet=&#8221;90%&#8221; width_phone=&#8221;90%&#8221; width_last_edited=&#8221;off|tablet&#8221; max_width_tablet=&#8221;90%&#8221; max_width_phone=&#8221;90%&#8221; max_width_last_edited=&#8221;off|tablet&#8221; custom_padding=&#8221;||7px|||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.25.3&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_accordion open_toggle_text_color=&#8221;#005984&#8243; closed_toggle_text_color=&#8221;#FFFFFF&#8221; closed_toggle_background_color=&#8221;#63BBE1&#8243; icon_color=&#8221;#9FDBF8&#8243; _builder_version=&#8221;4.14.2&#8243; _module_preset=&#8221;default&#8221; toggle_level=&#8221;h3&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_accordion_item title=&#8221;What\u2019s the difference between Mortgage Protection Insurance and Private Mortgage Insurance from the Banks?&#8221; open=&#8221;on&#8221; _builder_version=&#8221;4.14.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]Unlike Private Mortgage Insurance (PMI), which protects banks, MPI is a form of life insurance that protects homeowners and their families if a health issue arises and they become disabled or experience a long period of unemployment. In a worst-case scenario, this type of coverage can pay off the balance of the mortgage if the homeowner passes away.[\/et_pb_accordion_item][et_pb_accordion_item title=&#8221;What happens after my policy term ends?&#8221; _builder_version=&#8221;4.14.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; open=&#8221;off&#8221;]<\/p>\n<ul>\n<li>It doesn\u2019t end\u2014 however, the price is no longer level and renewable on an annual basis.<\/li>\n<li>Additionally, you do have an option to convert (automatically transition) your term policy into a whole life or permanent policy (usually up until age 65 or 70 for most companies).<\/li>\n<\/ul>\n<p>[\/et_pb_accordion_item][et_pb_accordion_item title=&#8221;Do I have to take a medical exam?&#8221; _builder_version=&#8221;4.14.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; open=&#8221;off&#8221;]Most of our plans are a \u201csimplified issue,\u201d which means a medical exam is not needed. However, they do run a medical information bureau (MIB) inspection.[\/et_pb_accordion_item][et_pb_accordion_item title=&#8221;How do I know if my policy has living benefits?&#8221; _builder_version=&#8221;4.14.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; open=&#8221;off&#8221;]Schedule a meeting with one of our agents and we would be happy to do a complimentary policy review![\/et_pb_accordion_item][et_pb_accordion_item title=&#8221;How do I learn more about Tax-Free retirement plans?&#8221; _builder_version=&#8221;4.14.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; open=&#8221;off&#8221;]Schedule a meeting with one of our financial advisors and we\u2019ll happily help guide you through these plans![\/et_pb_accordion_item][et_pb_accordion_item title=&#8221;What\u2019s the difference between an Insurance Broker and a Captive Insurance Agent?&#8221; _builder_version=&#8221;4.14.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; open=&#8221;off&#8221;]A broker has access to many companies and can make a recommendation based on your needs and budget, whereas a captive agent will only represent one company and its available products. i.e. Allstate, State Farm, and New York Life Insurance[\/et_pb_accordion_item][et_pb_accordion_item title=&#8221;What\u2019s the ideal age to get the best prices on policies?&#8221; _builder_version=&#8221;4.14.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; open=&#8221;off&#8221;]You are offered the best prices when you\u2019re at your youngest (when your risk of passing is the lowest). After all, today is the youngest you will ever be\u2014 take advantage of it![\/et_pb_accordion_item][\/et_pb_accordion][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Unlike Private Mortgage Insurance (PMI), which protects banks, MPI is a form of life insurance that protects homeowners and their families if a health issue arises and they become disabled or experience a long period of unemployment. 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