Life & Health Insurance/Expert Profile

Ask A Question


I will answer questions of a general nature regarding life insurance, disability income insurance annuities (fixed and variable) and long term care insurance. Also, questions regarding estate analysis. No legal or accounting advice, as I am not a lawyer or a CPA. I do not sell health insurance, so have limited knowledge of the current status of that field.

Experience in the area

30 years as a life insurance and investment industry professional. Former chapter president of Association of Insurance and Financial Advisors, Buffalo Chapter. CLU designation.


Association of Insurance and Financial Professionals.


B.B.A Economics, U. of Georgia, 1971.

Past/Present Clients

Families, professionals, small businesses, individuals.

What do you like about this subject?

I like helping people provide security for their family and to provide for their future income needs. I also like the fact that life insurance is the only financial product that creates an estate at death where there is none or it is less than required.

What do you still hope to achieve/learn in this field?

I hope to merge my marketing and service efforts with the convenience and immediacy of feedback of the internet. I further hope to move more into the field of employee benefits planning for top hat executives.

Something interesting about this subject that others may not know:

Life insurance proceeds are income tax-free and probate-free when paid to a named beneficiary, as a general rule. Where the policy has been previously transferred for value (i.e. sold), this rule does not apply (proceeds would be subject to income taxes).

Something controversial or provocative about this subject

On almost an annual basis, the White House proposes increasing taxes on insurance consumers by removing tax advantages from life insurance and annuity products. The National Association of Insurance and Financial Advisors maintains a large lobbying force for the purpose of fending off these proposed tax increases using public awareness campaigns and letter writing drives.

Average Ratings

Recent Reviews from Users

Read More Comments

    K = Knowledgeability    C = Clarity of Response    P = Politeness
Matthew05/11/15101010Mr. Bowman, Terribly sorry for taking so .....
Bob11/09/13101010Concerning drastic changes recently made to Long .....
Carol02/13/13101010Thanks, Dave. Some things to think about .....

Recent Answers from Dave Bowman

2016-03-18 life insurance policy:

Hi. Thanks for your inquiry. I'll do my best to provide you with an answer. Insurance companies only pay a death claim to a named beneficiary or if no beneficiary is named, to the estate of the insured

2015-10-13 Cancelling Term Insurance:

Your thinking seems correct to me. There are three types of "burial" policies, by which I believe you mean a whole life policy offered in small amounts, such as $5,000, $10,000, $15,000, etc.  The first

2015-05-02 Question ab. Life Insurance policy:

First, let me say that while this is by far the longest and most detailed question I have to date received, I appreciate your attention to detail. Though you are disabled, I can see a career for you as

2013-02-13 Retirement & Life Insurance:

Your question is a good one, and may have wider applicability to people who are retiring under similar plans to your own. While this matter is complicated, for you it will boil down to 1. How much income

2013-01-09 Life insurance claim question:

If you don't need the money right away, you can leave it on deposit with the insurance company in an interest deposit account, which works like a negotiable order of withdrawal account at a bank. You can


Ask A Question

Life & Health Insurance

All Answers

Answers by Expert:

Ask Experts


©2016 All rights reserved.