Paul Goebel Insurance Agency Group Insurance Trend Story: Ap

 

Thursday, Mar 05,2009, 1:35:13 PM   Click:

Paul Goebel Insurance Agency Group Insurance Trend Story: Applications for life insurance Rise as Stock portfolios and real estate Decline
Business Editors / Insurance Writers

GRAND RAPIDS, Mich. - (BUSINESS WIRE) - January 6 2009 - With the volatility of stock markets and lower returns on investments in real estate, American families are increasingly anxious as each day continues to eat away at their life savings and investments.

This trend has had an unexpected effect on the insurance industry. Grand Rapids-based Paul Goebel Group, the directors of a wide range of insurance products, has made a recent outbreak of life insurance inquiries from existing customers.

The directors of the agency are reporting that customers are willing to call to assess the amount of their life insurance policies. Historically, people have relied on their investment portfolios to maintain their family's standard of living should be a premature death. Now, families are reassessing their family life for their standard of living continues.

"If people are not openly mentioned their portfolio values plummeting as the reason for the revision of their life, we are still an increase in requests for such an analysis, especially for existing customers" said Jeff Elble, Vice President, Paul Goebel Group. "Given the current state of the economy, people look at their life insurance as a means to ensure that their families and investments are financially secure if the family or working spouse to die."

Paul Goebel Group History

Since 1932, the Paul Goebel Group has been placing on the market for innovative insurance programs tailored to the specific needs of businesses and professionals in Michigan. Today, Paul Goebel Group designs, markets and manages a wide range of plans of life, accident and sickness, disability, professional liability, commercial, property, Workers' Compensation, auto and homeowners. For members of the association and all types of businesses, the organization serves almost as a single source for its customers, insurance needs. Paul Goebel Group plans to meet the challenges of the future with the experience, flexibility and highest level of customer service available.

Paul Goebel Group Insurance Agency
Rick Kamel, 312-775-8399

State Keywords: Michigan
Industry Keywords: professional services, accounting, insurance, legal services Other business


2009 Business Wire Business Editors / Insurance Writers GRAND RAPIDS, Michigan - - 6 January 2009 - With the volatility of stock markets and lower returns on investments in real estate, American families are increasingly anxious as each day continues to gnaw their savings and investments.