Dr. Sabrina Scott appeals to the senses of those who ‘know what they want’ and gives them information on how to get what they want if their desires include the preservation, protection and leveraging of assets.
DECATUR, GA, October 25, 2018: Dr. Sabrina Scott, co-founder of Red Feather Financial, has posted a new article on the firm’s website entitled “Why I Hate Insurance” in which Dr. Scott what’s behind her bold statement.
Dr. Scott writes, “My business recommends services and products created by insurance companies so how dare I say I hate insurance.” She elaborates by going to the opposite end of the spectrum, “Well first let me tell you why I love insurance. In theory insurance is a beautiful concept. In life, everyone runs the risk of bad things happening to them. By buying insurance, you pool your risk with others. You put money in a kitty so in case you need money for when bad things happen, it will be there guaranteed.” She further adds, “To me insurance also has a nice community sense to it because my money is covering my risk and the risk of others.”
“Insurance appeals to my sense of fairness,” says Scott, adding, “a concept that I developed very early in life in sibling combat with my younger sister. Our battle cries of “That’s not fair” rang out at all times that one of us felt that the other had received preferential treatment.” She continues stating, “I know, I know . . . life is not fair. But because life is not fair, insurance makes it fair. Well at least it should make things fair.”
Dr. Scott goes on to explain how insurance companies profit and how they rely on “ the odds that not everyone insured will have a claim.” However, Scott goes on to explain the real reason she hates insurance. She states, “Insurance is complicated and can be difficult to understand. Different types of insurance work in different ways and not all insurance agents and brokers are specialists in all types.” She continues adding, “There are limitations to policies to make things fair for the insurance company; specifically, exclusions. Exclusions can range from pre-existing medical conditions to exclusions for certain situations like losses arising from warfare.”
“It’s not so much that I hate the exclusions – I understand that some exclusions are necessary to keep insurance companies viable,” says Scott, adding, “What I hate is when the buyer is unaware of the exclusions or does not understand just how such exclusions may keep benefits from being paid.”
The entire article can be read at http://redfeatherfinancial.com/why-i-hate-insurance/
About Dr. Sabrina Scott
Sabrina Scott learned about Veterans Benefits and Medicaid when her parents sought legal services for long-term care. Confident she could find ways to preserve her family’s resources and still get access to Government Assistance, Sabrina felt there should be more options than relying on welfare. As a result, Dr. Scott became an investment advisor representative who can make recommendations regarding securities and became licensed in insurance as well. She co-founded Red Feather Financial with Victoria Collier to help those who want to have a plan in place in order not to outlive their resources and who do not want to be a burden to their children.
About Victoria Collier
Victoria L. Collier, CELA founded The Estate & Asset Protection Law Firm to serve the legal needs of retiring individuals. Victoria is also Co-Founder of Red Feather Financial. At both firms WE BELIEVE that people should not have to lose everything they’ve worked a lifetime to earn and that every person is an individual who deserves respect and the highest quality of life possible, regardless of age or ability. We also believe that privacy and protection are the keys to personal peace. Victoria was appointed by Governor Perdue to the Georgia Council on Aging, 2010 – 2016 and was awarded Dekalb County Veteran of the Year, 2013. She is the author of 47 Secret Veterans Benefits for Seniors; Paying for Long Term Care – Financial Help for Wartime Veterans: The VA Aid & Attendance Benefit.
About Red Feather Financial
Red Feather Financial is an independent financial advisory firm born with a singular mission: to financially empower our clients and protect their financial future. Most people come to see us because they are worried about having enough money for retirement and long-term care costs. We help by showing our clients how they can leverage their assets in the most tax-efficient and cost-effective ways.