Scholarships, Camps, and Community Care (Hour 2)

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Coming to Northeast Wisconsin live from the Civic Media Studios and featuring TV and radio broadcast veteran John Minow along with the City of Green Bay's longest-serving mayor Jim Schmidt.

This is Minow and the Mayor.

And here are your hosts.

John

Minow and Jim Schmidt.

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Now back to John Mino, Jim Schmidt.

Right.

Well, thank you very much, Todd.

You know, one thing that we always notice when we come down to the Oshkosh area, and we love coming down here just for the great city.

I can only keep driving in again this morning.

I'm looking at the dates of when buildings were built.

And one was 1890.

Another one was 1895.

It was just on the way.

I just love the history that has been restored here in Oshkosh.

But another thing about Oshkosh that every time we're here, this gets reinforced.

the passion you have for paying forward by going backwards with young people and the things and the opportunities you provide them.

And we're with two people that are so instrumental in doing those kind of things right now.

Kate Stelb and Bill Wyman, Oshkosh Area Community Foundation.

We're talking about one of these things when the camp, and I was just reading about it, typical for this area, has been in existence since 1937.

Boom.

Yeah.

I mean, phenomenal.

Yeah, absolutely.

Yeah, we're happy to be here.

Thank you.

And a community needs a community foundation.

Because of what Johnny's talking about, we're going to talk about where some of your money goes, but it's incredible what you do to help the overall community, not just some specific projects, but this whole scholarship thing, which I really want to talk about is, I mean, you're investing in your future when you take these 300 kids.

We've been

around for coming on 100 years.

That's pretty cool.

And we've been helping the community since, oh, I'd say in the 40s, we started giving money away.

And it's been wonderful.

The passion that people have to give back to the community is just wonderful.

I think that is so cool.

I mean, that really and truly is.

You guys have such a nucleus here of like, OK, this is who we've always been.

No need to change it.

We're good.

You know what?

The breweries?

the different things, the fire stations that are still being used.

I love the fact that you guys never felt the need to like just knock everything down like you did with this great Molly Green Bay and and start over.

You

guys have just

taken the history and just enhanced it and made it better and can't pronounce the name.

Hi, Waila.

Hi,

Waila, explain that.

That's the one that's been around since 1937 and still going strong.

There was a camp out west of town that was on a small lake and the camp was doing as well as it did.

And I think it was in the early 90s or

so.

95.

It's 30 years of the fund this year.

So

they sold the camp.

And they put the money into the community foundation, and today we're still giving grants for camperships.

Yeah, I think those are just announced.

So some of the alumni of the camp really came together and rallied around that to carry forward the mission of the camp and the memories they had there.

So they still sponsor camperships.

for kids in Winnebago County to go to summer camps all over the state.

And yeah, it's 30 years of the Highway Law Youth Fund this year.

That's awesome.

And

you also do new things as well.

What I like about community foundations like yours here in Oshkosh is you get your pulse on the community.

Whereas there may be needs that weren't there 25 years ago.

So people, I don't know what your minimum is, but you have a significant amount of money and you manage that money and you're doing quite well with that.

I mean, you invested properly is what I'm saying.

Right.

We have an investment manager that helps us, actually, that are out east.

But they help us invest it.

And it's the growth recently.

It's been really good.

We've been in like 16 different investment categories.

We don't need to get into all that.

No.

But

you're

saying that their money just doesn't sit under the mattress.

Exactly.

You invest to make it.

Right.

And again, I want to give you credit.

I want to talk a little bit about.

Only the scholarships is yet.

But where's some of the new things that you're giving money to?

Because demographics change out there.

But

if I could just put in that and that's great with the new things.

But there's one thing that just caught my eye where it's like this mission statement can stay forever.

The aroma of pine, pristine lakes, fresh air, screened cabins, open air tents, singing, swimming, canoeing, hiking and spending time being a kid in a kid's world now.

Yeah, I mean, that's, I didn't get to meet a lot of the Hwala, the ladies, the campfire girls, this last grant round, but there's spirited bunch.

And, you know, that's the thing about the community foundation is the things that we do run the gamut because we are here to unite the passion of our donors with projects that are needed and are meaningful.

So, you know, we've got folks who like the campfire girls,

to scholarship donors, to people who are super passionate about particular organizations.

Recently, we just started a fund from an estate that just goes to keep seniors, older adults, with their beloved cats, just cats, not dogs, cats, in their homes.

So it supports organizations that like the Humane Society that has programs so that

cats don't have to be surrendered so that, you know, older folks can keep their cats.

And that's a real example.

I didn't just make that up.

And that's the someone can give you money and earmark it or just give it to you and say, look, you know what's going

on in the community.

But

I started to pick up on what you're talking about, that camp you have.

We have Camp Inalaya and it's just those father daughter things and just and again, it's something that's been around for a long time.

But then there's a lot of new things because Green Bay is, you know, demographically has changed quite a bit.

There's new programs for some of the

new opportunities that we have there.

So tell me a little bit more about what's new here in Oshkosh.

And you're doing a great job.

I'm not taking anything away from your existing programs.

That's important.

But what are some of the things that you do now that you didn't do 10 years ago?

Well, I think, and Bill, I'll need to lean on you for this.

I'm new to the Community Foundation.

But some of the programs that we've done with...

reducing and preventing homelessness in this region are really critical projects.

So, like I said, I wasn't.

That's kind of what Jim just

said,

what he was saying with Green Bay too.

You gotta be able to shift gears a little bit.

Yeah, because it's not all camp you know I am.

There's kids that don't have a house to sleep in, much less a camp.

So, and we've, our community foundation I think is, well, you know them.

Yeah,

in Green Bay.

Yep.

Over the years, what's really changed I think is the amount of human.

Health and Human Services that we do the basic needs type stuff right and it's everything from from homeless to Shell not only shelter but food and and I even classify some education things into that too so we've really directed a lot more of our Total giving towards that area

right the basic needs and I think sometimes we I don't know I don't know if it was always there, but we sure address it a lot more But it's very obvious in Green Bay,

but that doesn't mean that we can't that we have to continue to sport

these things that lift up all ships.

Right.

I mean, we've done a lot of the Lee Chapel Theatre.

I'm just looking right across the street.

We helped with that and we did the years ago.

We helped with the swimming pool in town.

We've helped with the Y and we've helped.

So we've helped with a lot of

beautiful parks

around here.

Yeah, and we have funds with the parks.

So beautiful zoo.

I mean.

We're trying to help everything.

And if we put all of our emphasis just in one area, it just, we won't strengthen the community, which is what our mission statement is.

That's awesome.

You know,

another cool thing though, too, it's like even in Green Bay, we're talking like they'll have these like art programs for more of the inner city type kids and these book drives and some of these things that, okay, those basic needs because there are, you know, there are kids that go to school hungry.

And that's not even a question.

So that's the fundamental part, but let's make it fun.

afterwards as well, correct?

Yeah, I think that's, and that's really what it comes down to because everybody has a specific passion for a different, a different area of need in our community.

And that's what we're here for.

That's why we can't, you know, or we don't just focus on one issue area because that would be a disservice to the passionate people in this community.

And you need every

They all got to work together.

You

just can't take one lane

because

then other things will get hurt a little

bit

Tell me about the scholarships.

Let's go back to that.

You awarded 305 scholarships

305 recipients more scholarships than that because some kids get more than one.

They're just so great

So

did

you ever

get more than one, Johnny?

No.

Did you ever get one?

I got one.

Did

you?

That's from the Booster Club, Nagani Booster Club.

That's awesome.

I think it was $200.

OK.

Awesome.

That's nice.

Today, that's probably, you know, I'm just kidding.

I

got one.

It's one more than I got.

Same.

I didn't get any.

But

tell me about that event and how the selection process is going to be extremely difficult.

It's a really complex program.

Bill and I had to meet with our director of education yesterday so we could keep track of all of everything in the program because the Oshkosh Area Community Foundation serves a pretty wide geographic range.

We are all of Winnebago County, all of Washera County, Green Lake County, and the city of Ripon.

So it's Oshkosh area.

etc.

Yeah, that's about 15 different school districts.

I was gonna

say

that's a pretty big

geographical

area right there.

That's a big circle.

So we're giving scholarships.

in all of those schools.

Well you know what's great though too is because like even with a Green Bay you think okay well sure you know Green Bay East, Green Bay West, the Prebles of the world but you know we've got these little outlying schools that really sometimes don't have that community you know funding and different things like that.

Exactly.

What you guys are doing is going outside the the city boundaries which I think is really important don't you?

Yeah.

Right but what we're really doing is we're helping those communities develop

a way to give out scholarships because most of these scholarships that we're giving like in Berlin or Princeton or Green Lake or

it

was the smaller communities, those are the people from those communities that are actually supporting their schools.

We're just kind of the administrator in helping them develop a plan so that they can continue to help their own communities.

Which they need though.

Yeah, we're the partner.

That's the grass, absolutely.

Just for our listeners that may be geographically challenged, Princeton is...

like this little town.

Princess little town.

It's not New

Jersey.

That's

a

good

call.

We're talking about

scholarships.

He mentions Princeton.

Hey, I was going to say,

Todd, I was

going

to say, I was

going to say, hey,

I think, I think for as many times as Jim drives through an area, they could do a scholarship just starting to get some tickets.

What was

the other

little time?

Brandon

or something?

Brandon

is

off.

Brandon

meets.

Brandon received a nice donation from him last year.

I think

it's in his name, Mayor Schmidt Community Foundation Scholarship.

Excellent.

Hey, you know, I can get you connected to the right people.

Okay.

Yeah.

Yeah.

So, 17 schools you said you work with?

I think 15.

15, I'm

sorry.

And these kids send in...

that their applications then

it's a cool process actually because we have I mean we have over 250 unique scholarship funds some of them give out more than one award right you know it depends on the setup but kids only have to fill out one application we have a universal application process by the the region so if you are all the kids got to know is where they go to school and then they fill out one application it's pretty comprehensive and it gets they get matched up to opportunity

that they're eligible for, and then they get considered for those.

That's

right.

Okay, with that, so did you ever get any scholarships coming out of high school?

Sure, I don't

remember

where they are.

But anyway, I got the Kiwanis,

I know that.

Oh, there you go.

But I mean, that's quite the thrill when you get that letter.

Oh, yeah.

In the mail, and

it's like,

wow.

Yeah.

$22.

Whatever it is, it's just you feel pretty cool.

I don't remember where

that scholarship is.

You got the scholarship,

but I don't remember where it is.

I guarantee in a

scrapbook someplace, I've still got that

letter from 1975.

Oh, my

gosh.

It's just great.

And let's talk about some of the other programs that in the foundation, how people can give to the foundation too.

I mean, that's equally as important.

So let's talk about all that.

Well, I think that we're going

to send her a quick break.

Yeah, we're talking about it.

Yeah.

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Yes

This hour's keyword is family.

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Family.

Just download the Civic Media app in the Apple or Google stores, choose W-I-S-S or WGBW, and use the text button to send the keyword family for your chance to win in the statewide contest.

This hour, you're playing for a pair of Milwaukee Brewers club level tickets, and the keyword again is... Yes!

No, it's not!

Family.

I'm

just kidding.

F-A-M-I-L-Y.

You have until the end of the hour.

Good luck.

Yes.

It's family, it's family.

It's

Martin

Albert's birthday, that's where we're celebrating.

He said it

all the time,

so.

Yes,

yes.

We actually had him on there.

One more time,

Tony.

Yes.

Thank you.

Anyway, back to something more important than Marv.

The Community Foundation here in Oshkosh, which is more than Oshkosh, I didn't know that either.

I mean, you're...

That's quick to reach.

Yeah.

And

by the way, I gotta say some of those are cool little towns.

When we drove down to where is it?

The Dells we came to, Todd?

Yeah, you gotta go through Princeton.

Those are really

cool little.

Marcos saying is out

there.

Yes.

Love

those towns.

Yeah.

Except driving through

speed limit.

They got to go slow.

So he got to take it.

Okay, cheese.

Is

your

wife list here?

What

was

that?

What was that last

word?

Yes.

We get pulled over.

Yes.

Okay.

It

gets

a warning, I believe in Princeton.

We're going through the next little town, which

is Montello.

Yes.

Yeah.

I grew up in that area.

Three

minutes away.

I said, Oh my God, the guy's coming back again.

You must have, you must have forgot something to give to your license.

No, it's a whole different police department.

Three minutes later.

We'll over

again.

Oh my God.

Yeah.

Expensive

Christmas party.

Were you late?

We're out of

room.

I was going home.

I was going to get home.

So anyway, that was them.

The scholarships that you give out, and you made a good point that I think people want, maybe they want their name on a scholarship and they give their money to you.

And then you, with them, they can earmark it or they can tell you kind of what we're looking for.

Young women and

whatever they want to do, you know, YMCA.

But the minimum is $10,000.

And if you give out 4%, that's $400.

So you're thinking it would be nice if you could get an endowment or somebody to give you a check for, you know, maybe $25,000, $30,000.

We have a lot of different size scholarships.

I think that the one we like to talk about the most is called the William Bray Scholarship.

And back in the 60s, he gave about $90,000.

and we give out five percent or four and a half percent a year.

We've given out over, what, $400,000 out of that scholarship.

Actually, we've given out over $2 million out of that scholarship and it just keeps growing and growing.

So

if

you give a pretty worthy amount of money in the beginning, it takes right away.

You can see the

the advantages of it.

And then over time, it makes a huge difference.

And can I read some of the other ones that you give to that?

These are like kind of heartfelt.

Big brothers, big sisters of East Central Wisconsin to send eight little kids and their bigs to camp on a way in what

packet.

So that's for the camp.

Yes.

That's different than the scholarship.

I know

that totally.

But I'm just talking about somewhere.

Some of this money goes.

What the foundation does.

Right.

Exactly.

Boy Scouts America Bay Lakes Council, 15 Scouts that can attend camp of their choice.

Boys and Girls Club of Oshkosh.

Overnight trips, a hundred

175 kids

at

Camp Radford in New London.

Easter Seals, Wisconsin.

Five youth with disabilities to camp Wabik in Wisconsin Dells.

Friends of Camp...

I don't know how to say it

either.

Okay.

Anokeige.

To give 10 youth week-long experience at their employment.

Wisconsin Badger Camp.

two youth with developmental disabilities to enjoy a week at Wisconsin Badger Camp in Plantville, a YMCA of the Fox Cities, 20 youth to camp, Nanabushu in Lakewood.

I mean, these are unbelievable things.

And there's some testimonials about one of the people says, as soon as the little boy got off the bus, he said, Mom, when can I go back?

When can I go back?

I mean, those are the kinds of things where it's like,

Okay, scholarships are great for school and everything.

We all needed those and wanted those, but when you talk about the influence and the impact you can have on these little kids.

I'll write a check right now for that.

I mean, it's really special to be involved with the community foundation and see, again, the breadth, the huge scope of things that the community foundation touches.

When we talked with Cheryl, our director of education yesterday, she was telling us about a new scholarship that just opened last fall.

It's called the Scholarship for Hope, and it supports students who have a refugee background.

given out this spring for the first time.

We have scholarships that are memorials.

I

cannot remember the name of the individual, but it's named after a person in law enforcement who died on duty, and his family and loved ones, coworkers created a memorial scholarship in his name.

And the other thing that's really special about scholarships is

family, multiple generations of families sometimes get involved in the award ceremonies each spring.

So they are part of seeing that legacy carry forward.

It's really special.

That's fantastic.

The camps, I just want to underscore that too.

I wish every kid could go to camp.

Right.

I mean, don't you?

I mean, it's just it's great.

But I mean, to help them out and like the scholarships are good.

It does help take the edge off.

But these camps are lifetime memories.

Exactly.

And I mean, I think that's underscored by the commitment that the High Waila the campfire girls have to the High Waila Youth Fund.

They, you know, they

No one asked them to to get together every year and read a bunch of applications from organizations.

You know, this is their passion and they get to continue living and carrying on that legacy of their cherished memories of camp to help today's youth.

And to put it in perspective to even like Joan Crock, who of course owns the Crock Centers, became a billionaire basically, very disadvantaged as a youth.

Yeah.

Was heartbroken when her rich kids were going to camps and her

Mission in life was I'm gonna make sure every kid gets to go to a camp or gets to go to a Y or gets to go to something like that So who knows some of these kids that are benefiting from these camps what they could turn out to be and how they could keep paying this forward?

Like I'm all open up at McDonald's franchise, you know and just take off.

She was great I mean she's passed away since then but she was in Green Bay and just

It's the nicest person on the planet, right?

And it's a lot of the people are who give to your organization.

Kate Bill

Oshkosh area community foundation, what you guys do is spectacular, whatever it can do to sponsor that.

And when I said about writing out a check, I don't actually have a check.

You can give online.

No, no, that's stock.

Real estate.

You can

give a lot of different stuff.

Hey, welcome back.

It's our summer Scotty, Texas win statewide contest.

Your daily chance with a pair of Milwaukee Brewers, club level tickets, or $100 cash.

Plus, every entry puts you into one of our grand prize drawings of a Wisconsin Dell's Area Vacation or Dork County Vacation.

All right, so this hour's keyword is family.

F-A-M-I-L-Y family.

Download the Civic Media app in the Apple or Google Play stores, choose WISS or WGBW, and use the text button to send in the keyword, family, for your chance to win in the statewide contest.

This hour you're playing for a pair of Milwaukee Brewers club level tickets, and the keyword again is family, not yes.

Family, F-A-M-I-L-Y.

You've got till the end of the hour.

Good luck.

And again, you want to text in because it helps Jim and John look good to the bosses at corporate.

Yeah, it doesn't look

good when he says the keyword is yes.

It's it's Mike.

It's a Mark.

Albert's 84th birthday today.

So that's why I

didn't

hear

you

guys talking.

Oh, wait.

Yes.

Oh, yeah.

That's awesome.

Yes.

Yes.

Exactly.

Anyway.

Well,

Justin Schmick, how you doing, buddy?

I'm living the dream over here.

I was like, I'm on the radio.

Tell everybody

who

you are and

what you do,

my

friend.

Tell them what you do.

That's living the dream.

Yeah.

Well, my name's Justin Schmick.

I own the Schmick Freeman Insurance Agency.

I got offices in Amro and Oshkosh.

But you know, I'm so much more than that, right?

Not just an insurance guy, right?

I'm a dad.

I'm a husband.

I'm an exotic dancer for hire.

And Jay Long walks on the floor.

You may want to

back

that up.

But honestly, the exotic dancer part, it's by call only.

Because I'm 41.

I got to stretch beforehand.

I

need time.

I'm not just up there all day long.

I need some prep time.

You're

talking to somebody here, buddy.

I know I've been there.

So you're Chippendale.

Yeah,

yeah, I'm

glad you're here.

Yeah, I'm more, you know, you know, from the rescue Rangers, the chip and deal rescue Rangers.

I'm more like the bigger guy.

Do

you do

anything?

Jim and John, for your anniversary, we brought him in.

He's going to do a

show for

you.

Stretching outside beforehand.

Look at the time.

Thanks for coming in.

So when you get going tonight, you got a big, big

date night coming up here.

For me, with Waterfest.

Well, Waterfest is tonight.

Yeah.

I mean, I'm not going to.

You're one of the

biggest fans of Waterfest.

I am a huge fan of Waterfest.

I think it's it's a great.

It's an awesome concert.

It's always a lot of fun and hairballs tonight.

That's a huge huge.

Yeah.

That's

that's to be.

Ashkosh does it right.

And so does Amro.

I like Amro.

You see, you have an office there.

Everybody

likes Amro because

Amro is awesome.

It is.

Absolutely.

Absolutely.

Yeah.

We're talking about how cities get a lot of the attention.

But some of these outlying communities are very special.

You

know,

The first time they did the freedom free fall was in Omro at the airport there.

Oh, really?

And that was so cool.

And the whole so many people from Omro came out to support the veterans for prevention of suicide.

It was really cool.

I used to live out there.

I used to watch

guys jump out of airplanes all the time.

Perfectly good airplanes.

It wasn't crashing or anything.

Just jumped right out of there.

So

guys like that, do you actually insure them?

I mean, let's be honest.

No, no,

you would not.

No, that's actually one of the questions is on the life insurance part of things is have you jumped out of a plane or are you going to be flying?

or anything like that.

Are you serious?

Yeah,

absolutely.

I went skydiving there.

Get this.

These guys have heard this.

When I was in high school, I'm in college, freshman college.

That was the first time I ever flew.

Really?

Think

about that.

Getting up there and then jumping out.

So the first time you were in a plane, you just jumped right out of it?

I did, man.

So what's the first time you ever landed?

I don't know.

That's a good way to get over your fear of flying right away.

You just jump out.

It did.

And you get down safe.

You're like, OK.

Is

that really unlike the rider or whatever?

Yeah, absolutely.

That's one of the questions.

Where are some

of the other

things?

Are you going to be doing any long term foreign travel?

That's going to be another one that's on there.

Is this

for life insurance?

It's for life insurance.

OK.

Yeah.

I mean, if it's car insurance, nobody cares if you're jumping out of a plane or not.

Where are some of the other things?

Wow.

On the life insurance side, there's a lot of questions.

A lot of it goes, you know, it's more on your on your health records and all that kind of stuff.

What kind of crazy things do you do in your life?

You know, things of that nature.

So they're just making sure that you're not a risk to to pass away early.

OK, but this is a

specific freebie insurance you do.

a lot of life insurance.

The only reason I want to ask is, you know how you watch these TV shows and they always take out this big life insurance policy and then they knock off their spouse.

Yeah.

Hey, that was like six episodes of Columbo.

Just one more thing.

Right.

But does that ever happen to your company where it was

That's

questionable.

I haven't I haven't had to do any investigations on anything like that But I will tell you that like I've got to hit some numbers every once in a while for contests and things like that with my companies So I've got a lot of life insurance on myself I will tell you that my wife is very aware that I am worth more dead than I ever Unexpectedly pass you go first place you go.

Yeah.

Wow.

All right.

All right We'll do

that.

So

let me ask us when it comes to life insurance so many people like I'm gonna put that off I'm gonna put that off.

I'm gonna put that off

If you go back in time with people, when would you tell them you got to do it?

Oh, before

you're 18.

Oh, honestly, if you have kids, get a full term, a whole life insurance policy on them as soon as possible.

It's inexpensive and it's convertible in a few different ways throughout their lifetime.

But if someone is young that has kids that aren't a better off with term, and even though it expires in 20 years, and I did that, but we had a business, if I had lost, if I had been dead, it would have been.

I'm just curious, as you said the whole life, right?

You prefer that as a...

Well, for

a youngster, right?

Do me a favor

though, for anybody listening that doesn't know, go

ahead and explain the difference.

Okay, well term life insurance is just for a term, it's for a short term time, right?

So you can get a 5, 10, 15, 30 year, 25 year, depends on the company, right?

But once it's expired, that's it, it's over.

And that money you put in, you don't get, it's gone.

Nope, you're rolling the dice.

Something might hold the dice.

You're

gonna die before

yeah, exactly much pretty much.

Yeah, that's a really fun thing to talk about on the radio That's great.

I think it's important though.

I really do I know a lot of people that put that off put that off and the guy catastrophe dies and

Mm-hmm, and then there's a go fund me page that we all there's a good one

me page and Jim and I both having been in real estate for closed houses

Yeah, those exact thing absolutely.

Yeah, so yeah, the term life insurance is the term

Whole life is last year, entire lifetime, and that can build cash value.

The

term life is- And you can cash

that in then down the road,

right?

Yep, and everything is situational in life insurance, right?

It depends on what you need.

For kids, like if you're a brand, like a newborn or two month old, get them a whole life policy because that number most of the time will lock in right there, and that's what they're paying monthly forever unless they upconvert it or put anything else into it.

As a parent, I would say, yeah, probably once you have kids.

get a get a term policy if you if you buy a house get a 30 year term policy for the amount that you owe on the house because if you pass the bank still gonna want that money like they don't say oh well you died so you don't have to pay us anymore don't worry about it somebody to pay them it's okay

and I think once you what I say that the term

It's amazing if you want to do it again how expensive it is because you're older and

oh, yeah The older you get the closer you are to dying so that's pretty much it it is so if you take it out when you're 20 It's much much less expensive because you're much less of a risk to pass away early at that point, right?

So the insurance every insurance company works on risk, right?

That's what actuaries do.

They say okay.

This person is We have this much risk on this person.

So this is how much it's gonna cost We have way more risk on this person So it's gonna cost way more money because we're gonna have to fork that money out earlier than

then later

and as they say about insurance it's true it's it's insurance isn't for you it's for the people who survive you

yeah

absolutely gotta get that through your head it's like wait man i'm doing this for them and yep it's gotta work with your money because if you miss a couple payments they could throttle back on your policy

right yeah i can just cancel out right

so i mean it's but i don't think terms very expensive no

it's not it's pretty

reasonable yeah

what what things do you see that people have a misconception on when it comes to life insurance

Everybody nobody thinks they need it like right nobody needs it until they need it And that's without with all insurance is like how we don't need that until you need it until until something catastrophic happens You know like well now what am I gonna do?

You know now I got to start to go fund me and see if I can beg a bunch of people for money Well in turn you could have been paying 50 bucks a month and get paid out a whole bunch of money right at the spot right now So that's one of the biggest ones like well we don't we don't really need it and nobody wants to talk especially on the life insurance Yeah, so

Yeah, that's one of the biggest things is it's really hard to get anybody to even talk about it or consider the fact that there's a chance that they're going to pass away at some point.

So in your insurance company, right, we talked about whole life term, do you do the auto home all that?

Yeah,

we do.

Auto, home, commercial, all of it.

Except for health insurance.

Health insurance makes no sense to me.

I can't wrap my head around health insurance.

Most people can.

It's

a whole different animal

these days, isn't it?

And my wife carries a health insurance, so I don't even have to talk or think about it.

So, yeah, that's a win for me.

Auto insurance.

We need that.

It's a law, right?

Do you have auto insurance?

Yeah, it is.

It's a law that you have to get it from me, too.

That is actually a statute.

I was

trying to ask you about auto insurance because I

people in Wisconsin we all drive the Geico you hear these things that are these discounted things and it happens with life insurance too and boy You don't read the fine print in there.

That's those aren't good policies some of those

Well, that's you that's the thing about about having an agent compared to like going on Geico comm or progressive comm is I had to go through all the Education part I had to get certified I had to learn about what all these coverages mean and you guys don't have to do that so

The best choice for you when you're looking at it, not knowing all the information is whatever is the cheapest, right?

Well, the cheapest is the state minimum $25.50 for auto insurance, which means if you run into somebody, you have $25,000 per person.

to pay for their medical expenses and things like that, and $50,000 aggregate for the entire incident.

So if you've got a couple people in a vehicle that have some long-term issues, that have some rehab, some missed work, stuff like that, you're gonna hit that $50,000 like that.

Real quick.

Real quick.

And

then after that, and there's still bills though, come knocking on your

door.

Yeah, then it's on you after that.

The insurance company will pay you, pay out up to the limit of the coverage, and then they'll say, well, we fulfilled our obligation.

good luck okay so

okay i'll be honest with you sometimes i i almost it seems like i'm an old guy because like i'll watch some of these shows in the afternoon like a gun smoke or whatever and the commercials will be about oh bob died and he didn't have life insurance oh he should call so-and-so are those i don't want to say the word scam but are those like less than repeatable

No, I don't know, it depends

on the company, right?

I don't know for sure.

But you know the commercials I'm talking about?

Yeah, I know what you're saying, but I think it's just the way that they're marketing it.

It seems kind of scammy, but it's just they're trying to get you.

They're trying to scare people.

They're trying to scare old people.

Yeah, right.

Yeah, and if you want to do that, there's a lot of.

I mean, I'll

be honest, I bought seven or eight policies.

Yeah,

smart.

Smart.

I

mean, cover my butt.

But those may not pay for everything.

We'll cover your funeral costs.

they may not pay for all your funeral costs.

There may be things that are exempt from that.

You gotta read the fine print on that stuff, whereas an agent, you go to you, you know all that stuff, you read it.

You tell us this is what you're getting, this is the difference between this one and this one.

What we do is we'll give you the best advice that we have and a few different options, but we'll give you what, here's what we really think you should do based on what we are seeing here and what we know, and then we'll let you decide.

I'm not a sales guy, I'm not really good at it.

I've got the product.

I'll show it to you.

Here's what it costs.

You want it or you don't want it.

That's pretty much it.

That's fair to them.

If you don't want it, that's okay.

We can still be friends.

Well, what's the highest amount that a person could get?

for life insurance?

Oh boy, I don't, I mean, that depends on the company.

It's a, it's a whole- Like millions?

Oh yeah, absolutely.

Wow.

Yeah,

absolutely.

Yeah.

I would be so nervous if I had like a $10 million policy on me.

Like he's just said, yeah, sleep is

what I always do.

I just, I always do.

Someday would be like, you know, dad, might know you wouldn't be here right now

because Jim was a bit of a

fishery.

There was, I was a point in my life where I was worth more than in life.

But that was the term, but it doesn't, a million dollars, John, that,