Todd Shapiro
Experienced. Independent.
Call or email with your life insurance
or long-term care insurance questions.
901.326.6311
"As an independent agent, I work for my clients to find them the best policies at the lowest rates using only highly rated insurance companies."
― My Background
Following in my father's footsteps, I started in the life insurance business in 1994. I received my MBA in 1999 and began a new career until 2010, when I returned to the life insurance business with John Hancock and Northwestern Mutual. I have now reached the stage in my career where I know I can serve my clients best as an independent agent specializing in term, whole life and long-term care insurance. When you deal with an independent agent you can be sure your interests and goals - not the insurance company's - are being cared for.
I believe in a simple, easy to understand, 100% transparent process to buying life insurance. The process starts with me asking questions so that together we can find the right solution to protect the people you care about.
― Insurance 101
What is term insurance and why do I need it?
Term life insurance provides protection for a specific period of time (the term). This is often 10, 20 or 30 years. Term life insurance makes sense when you need protection for a specific amount of time--for instance, until your kids graduate from college or your mortgage is paid off.
Term life insurance typically offers the most amount of coverage for the lowest initial premium. This makes a term life insurance policy a good choice for those on a tighter budget.
Life Happens’ is a nonprofit which will provide unbiased information about life insurance and why you may need it to protect your loved ones.
I encourage you to visit their site to learn more.
How much life insurance do I need?
It's different for everyone and I can help you determine what your individual needs will be now and in the future. You can start by asking yourself: How much money will I need if one or more income sources went away? In other words, how much will surviving family members need to maintain their lifestyle? Will you need funds to pay for private school or college? Do you want to leave a legacy? I can walk you through exercises help you determine your personal needs.
What is long-term care insurance?
Long-term care refers to services that are not covered by your regular health or disability insurance. This includes assistance with routine daily activities, like bathing, dressing or getting in and out of bed. A long-term care insurance policy helps cover the costs of care when you have a chronic medical condition, a disability or a disorder such as Alzheimer’s disease.
Visit the U.S. Department of Health & Human Services dedicate site for more about long-term care.
How do I get paid?
This is one of the questions I get the most. I get paid by the insurance companies that insure my clients. There is no extra cost to the insured, I only get paid if you decide to purchase a policy. There are also no additional costs to you, the insured, whether you use an independent agent like me or if you buy through an online source. The difference is the expertise and guidance that I can provide.
Why do I need long-term care insurance?
Nearly 70% of 65-year-old people will need long-term care services or support, according to 2020 data from the Administration for Community Living, part of the U.S. Department of Health and Human Services. Women typically need care for an average of 3.7 years, while men require it for 2.2 years.
The average cost of long-term care, whether at home or in a specialized facility, can cost anywhere from from $55,000 to $105,000. Without long-term care insurance, you will need to use your own assets to pay as health insurance, disability insurance and Medicare do not cover this type of care.
"Life insurance is for the living so your loved ones will never have to rely on a go fund me campaign."
What they say:
"I have worked with Todd on number of occasions and have always been thoroughly pleased. The professional support is tailored to your needs. I'd strongly recommend his services."
"Todd has continued to meet and exceed our expectations since we first began working with them."
"Todd is detailed oriented who listens to your goals and makes recommendations suited to meet your objectives, while staying within budgeted expectations."
"When I think of Todd Shapiro, the words professional, focused, approachable, creative and talented spring to the forefront. I value Todd and the meaningful relationship we have formed."
