TermProvider | Big Lou is a national Life Insurance Brokerage firm based in Fort Walton Beach, Florida. Founded in the early 1980s, we are one of the largest life insurance brokerages in the nation. We solicit term and permanent life insurance, annuities, and long-term care products through nationwide advertisements.
Our Company is composed of financial professionals who offer high quality insurance and financial products and services to the individual and business marketplace. We take pride in knowing that our clients keep returning to us for advice. Big Lou is the Brand Name used in advertising created by TermProvider in 2011.
Our Company is composed of financial professionals who offer high quality insurance and financial products and services to the individual and business marketplace. We take pride in knowing that our clients keep returning to us for advice. Big Lou is the Brand Name used in advertising created by TermProvider in 2011.
Services
Big Lou is the Brand Name used in advertising that was created by TermProvider in 2011. Big Lou is an every person, meaning, that he is just like most of our clients in that he needs Life Insurance and has a few health glitches. Many people find it difficult to navigate the Life Insurance marketplace if they are overweight, have diabetes, or other health issues.
We used to provide live insurance rates online, but we found that many clients were frustrated with the quotes presented. There is no quote system online that can take your entire health history into consideration and give you a truly accurate quote, and so many people liked the quote they saw, but couldn't actually qualify for that rate.
We used to always show rates on our websites. The problem was that the rates we showed almost never were what you would actually qualify for. We advertise to people over 50 years old with health issues and only 2% of that age group is going to qualify for the best rate class possible. Most often, people would hit our website, choose $1,000,000 and do one of two things.
Term Layering is a concept in which you take 2 or more Life Insurance Policies with different Benefit Amounts and Different Term Lengths in order to get as close to your ideal need for coverage. Most people believe they are limited to just 10, 15, 20, or 30 year term lengths and they try to get all their coverage in one policy.
When you retire, you have a lot of choices to make, and most important among these choices is whether to take your full pension payout or elect to have a spousal benefit. If you take the maximum, your spouse gets nothing when you die. If you opt for your spouse to receive 100% of your benefit when you die, you will receive only 50% - 70% of your maximum benefit now.
Reviews (10)
Randy Czarnetzki
Jul 29, 2021
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Tito Chacon
Apr 17, 2021
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David Pannazzo
Apr 05, 2021
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I'm a 50 year old type 2 diabetic. A1C 6.0
I also have a single cardiac stent for a partial blockage found during a routine physical.
In September of 2020 I applied for a 10 year policy. After numerous follow up emails asking the status of my application I received a letter in March of 2021 I was denied because of my condition.
I also have a single cardiac stent for a partial blockage found during a routine physical.
In September of 2020 I applied for a 10 year policy. After numerous follow up emails asking the status of my application I received a letter in March of 2021 I was denied because of my condition.
Robert Fayant
Mar 18, 2021
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What a joke. They quoted me$1800. I waited 6 months on underwriting. Two days ago they said my policy was approved and going to be $2800 a year but when I got the policy documents it was $3200 a year. The agent said he made a mistake and he would fix but then did nothing and eventually said it was a typo and that he was sorry we could not do business. He made zero effort to try to resolve.
Frederick Harris
Dec 28, 2020
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The team at TermProvider/Big Lou Insurance have been exemplary throughout all stages of the selection and application of my new term life insurance policy. They took the time to both listen and fully answer my (incessant) questions. All aspects of this transaction were handled professionally both online and over the phone. I would wholeheartedly recommend them to you.
Kelly Golden
Nov 04, 2020
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Clark Stika
Aug 01, 2020
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Andrew Taylor
Jul 29, 2020
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Started the process of applying for a new term policy with Big Lou right as COVID19 hit. The process got delayed but the agents at Big Lou kept in touch with me without bugging me. When things opened back up they were responsive in helping get the process going again. I really appreciated the way they kept me appraised of where we were in the process. They also delivered on the product, I was very happy with the term policy and rate I received. Would definitely recommend Big Lou without reservation.
Dwight Bain
May 11, 2020
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Jeff Compton
Aug 06, 2019
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Mike at Big Lou was incredible to work with. He took his time, exhausted all the options possible to get us the best policies at the lowest price. His input on the different options, advantages and his personal experience were invaluable in helping us feel comfortable that we made the right choice. I have already referred a few of my friends to him and I am sure they will be treated the same and feel the same.
Thank you very much for your hard work Mike.
Thank you very much for your hard work Mike.