Insurance Archive

Great topic! One big question you should never ask is: “should my 17 year old be listed on the policy?” if you mention him/her the agent has an obligation to list them on the policy …

California law specifically requires any automobile being driven must have auto insurance, however how much is enough? Minimum requirements for California are $15,000 for individual bodily injury, $30,000 bodily injury total for both you and …

Medicare is administered by the US Federal Government and you must be 65 years old or disabled to receive benefits. Medicare doesn’t pay all of the costs associated with doctor visits or hospitalization and you …

Life insurance is very important, both for you and your loved ones. It is designed to provide protection just in case you lose your income generating capacity either through accident, health issues or death. However, …

Identity theft insurance has come about over the past few years due to the incline in identity theft cases.  Every one in twenty three Americans will become a victim of identity theft each year.  With …

Depending on your age and your lifestyle, the cost of life insurance will vary greatly. Depending on whether you have a family of your own will help you decide whether you really need life insurance …

Besides your home and perhaps paying for college tuition, your automobile is one of the most expensive things that you will buy in your lifetime.  And of course you clean it, and buy all sorts …

When traveling abroad on either business or pleasure you may well face more risks than in everyday life, as there is more opportunity for things to go wrong. An airline may lose your luggage or …

Next to income tax evasion, insurance fraud is believed to be the second most costly economic crime. Because insurance fraud is an act of deception, it is difficult to identify and equally difficult to prosecute. …

If you rent your home don’t make the mistaken assumption that your landlord’s insurance will cover any potential losses you suffer, as it won’t. The landlord’s insurance will cover the structural side of the property …

Insurance companies have become more and more dependent upon outside information in order to develop premiums. With so many different factors that determine a premium already, adding credit scores into the mix isn’t really much …

Congress passed the Consolidated Omnibus Budget Reconciliation Act, commonly called COBRA, in 1986. The act amends certain other laws, in particular the Employee Retirement Income Security Act (ERISA) to make group health coverage available to …

When trying to find a new home for you and your loved ones, one of the first things that you consider is the safety of the location that you are looking at. If the safety …

Insurance is a monthly expense for most of us. Whether it is auto, home or renters insurance it is always there for us to consider. However, there are types of insurance that you should avoid. …

Here are some easy ways to save money on your boaters insurance: 1) Get your policy with the same company that insures your auto, home, life insurance, etc. Most companies will give you a discount …

Getting a life insurance policy is one of most underrated and misunderstood yet very important financial moves you could ever make. In my experience, people avoid insurance agents because they don’t want to be sold …

In a life insurance policy “Benefits” are only paid when the insured dies so the wording of this question is a little skewed.  Unless you pay more in premiums than the face value of your policy …

Should life insurance be purchased for children? The answer depends on whether you are the financial advisor selling the product or the parent buying the product. As with many financial services products, financial advisors are …

Travelling overseas can be an expensive business if medical assistance is needed. Even those with travel insurance cover can find themselves out of pocket when the excess levied by the insurer is taken into account. …

Some people are under the impression that only home owners need insurance on their home. This is completely untrue. It is very important for renters to invest in renter’s insurance in order to protect their …

For retirees, or near-retirees, who are interested in tax-deferred growth and a predictable source of income in retirement, annuities are a potential savings method.  Admittedly, these features come at a price, and the annuity companies …

Life insurance is something everyone needs, or do they? There are basically 3 ways to insure yourself. 1) Whole Life Policy. Whole Life is called by different names including Universal Life. These are policies that …

For anyone who lives in a rented house or apartment, having renter’s insurance provides the tenant with more than just the security that knowing that if anything happens to their belongings they will be replaced. …

The good news today is that you can take out your life insurance policy of your choice by accessing the insurer’s website. Gone are the days when you had to depend on your local agent …

Insurance companies that provide policies for individuals various methods to assess their eligibility for automobile insurance. These can include the violations on a individual’s driving history, using a points system, and if there are any …

Most life insurance policies pay within 90 days, often much sooner. Exceptions will be noted in your policy terms. Some insurance companies exclude certain diseases, and all exclude suicide. If there is any question regarding …

To all those looking to purchase auto insurance in the state of South Carolina. Take a moment to read this article that gives you a guide in purchasing the right policy pertaining to your specific …

Many years ago, Americans received medical care through a fee-for-service agreement with their health care providers (Belling, B. 2004). Private insurance company’s allowed their consumers to choose a health care provider of their choice and …

Today, the majority of doctor office claims are filed on behalf of the patient by the doctor’s office and the same is true for hospitals. Paper claims have been replaced by electronic claims and whatever …

Sean Jameson is the marketing manager of a large toy manufacturer. He is a family man of 40. His wife Cindy is a part-time assistant at a local supermarket. Their children Cheryl (14), Adrienne (12) …