Life insurance, like many other things in life, is something that many of us don’t really like to think about too much; after all, no-one likes to think about their own demise. However, life insurance isn’t really about you, it’s about the people you leave behind. If you’re one of the 28 million people in the UK who doesn’t have life insurance, there are many reasons why you should consider taking it out. It can be confusing to know what types of insurance to take out, so here is one of the most common types of budget life insurance out there: whole of life insurance.
Whole of life insurance
This type of life insurance policy does pretty much what is says on the tin – it’s valid for the whole life of the policy holder, unlike some types of life insurance which only remain valid for a stated term. Read full post…
Life insurance can be a very reassuring thing for many people. The insurance world also provides consumers with many different options in respect to the coverage that they acquire. This is true for cheap life insurance that offers different types of life insurance. One of these is term life insurance. When you purchase this type of life insurance coverage, there still are different types of coverage one can take out with this policy.
When purchasing term life insurance, this insurance remains in force for a specified period of time and may actually end prior to the holders death. Read full post…
If you are looking at a number of quotations relating to static caravan cover, you may be wondering how to choose between them.
Here are a few points that you may wish to keep in mind:
Demographic, economic, and political forces have placed unprecedented demands on Medicare that cannot be met without major program reform. The oldest baby boomers have just turned 65, heralding the start of a 70 percent expansion in the Medicare population over the next two decades (Boards of Trustees, Federal Hospital Insurance and Federal Supplementary Medical Insurance Trust Funds, 2010, Table II.A3). Continued improvement in our ability to diagnose and treat disease has meant greater longevity and better quality of life, but will drive Medicare costs more sharply upward in the years to come (Congressional Budget Office [CBO], 2010a, Box 1-2). Th
If you’ve inherited or were given a valuable piece of jewelry or art, you need to do more than find a special spot for safe keeping. You need to make sure you have enough insurance to protect it.
Standard home insurance policies provide coverage for household belongings, but they have limits for precious items, such as jewelry, fine art and furs.
The standard home insurance policy’s coverage limits for theft of jewelry, for instance, is usually $1,500, according to the Insurance Information Institute (I.I.I.).
To increase coverage, you can pay a higher home insurance premium to raise the coverage limit or purchase a “floater” policy. Raising
Give your clients the opportunity to refer your agency by making it easier for them to do so.
In asking your clients for insurance leads, don’t make them have to figure out ways to word a recommendation. You also want to avoid surprising the clients’ friends when you call and drop their—maybe former—friend’s name. Give clients plenty of time to talk to their friends and confirm that it’s OK to call before you pick up the phone.
Provide the stamp if clients want to mail a letter, and always make yourself available to talk on the phone.
Likewise, it’s a good idea to offer a product or service that could come up in a day-to-day conversation, which gives your client an in to bring you up. Luckily,
A flying toilet roll holder, an invented wedding engagement, a fake photograph and an invisible wall featured among the record number of fraudulent claims detected by insurers in 2010, according to the Association of British Insurers (ABI).
Around 133,000 fraudulent claims were uncovered last year (2,500 a week) with the figure up 9% on 2009. Fraudulent claims also up 9% in value, at £919 million.
The most common frauds involved home insurance, with 66,000 bogus or exaggerated claims detected, followed by motor insurance frauds with 40,000 uncovered.
Motor frauds were the most costly, totalling £466 million. <
Your personal auto insurance policy doesn’t not cover your vehicle when it is used for commercial purposes. For business vehicles – or personal vehicles that you also use for commercial purposes – you will need to get a comprehensive commercial auto insurance. In this article, we are going to discuss how you can buy a good commercial auto insurance policy easily.
Before you start your search for the right insurance policy to buy, you need to first gather the necessary details. The n Read full post…
Health spending swallowed 38% of federal revenue in 2010, down from 54% in 2009, but up from 28% in 2007.
The net cost of health insurance – the difference between private health insurance premiums earned and private health benefits paid – fell 1.2%, to $133 billion, according to a team of researchers led by Anne Martin, an economist in the Office of the Actuary at the Centers for Medicare & Medicaid Services (CMS).
The researchers have published a 2009 National Health Expenditures (NHE) report in Health Affairs, a health care delivery and health finance academic journal.
Employer spending on health insurance premiums rose 0.4%, to $398 billion, and individuals’ spending on health insurance premiums rose 0.2%, to $248 billion.
State Medicaid spending fell 10%, to $130 billion, but federal spending on Medicaid climbed 22%, to $254 billion.
Federal spending on Medicare climbed 21%, to $233 billion.
Spending on private health insurance was soft because enrollment was down, the researchers say.
“As the unemployment rate continued to climb through 2009, the number of people enrolled in private health insurance plans decreased by 3.2%,” the researchers say.
Private health insurance spending increased 4.7% per enrollee in 2009, up from 4.5% per enrollee in 2008, the researchers estimate.
Plan spending on benefits increased more rapidly than premium revenue, the researchers report.