Affordable Health Insurance

Life insurance is nothing if not personal. It pays money to widows, widowers, children and family members when a loved one dies, to help them continue on financially.

However, we hear a lot of talk from Capitol Hill about the life insurance industry not serving the American public. Few of us, including those on Capitol Hill, understand the true economic benefits the life insurance industry provides Americans. According to the American Council of Life Insurers (ACLI), there is almost $18.5 trillion of death benefit coverage currently in force. That means that $18.5 trillion, yes trillion, would go into the hands of families, if something were to happen to the policyholders.

Full Post…

Sometimes I will do a Google (or Bing) search for life insurance quotes to get a feel for what consumers have to go through in order to get quotes.  Each time I do so, I am disheartened by what I find.  The search listings can be quite confusing, as I see different companies on the first few search pages each time I do this test.

How does this happen?  I know when I search for other products or services, the search engine usually spits out the most relevant search results, with the most relevant results appearing on the first page.  However, if I search for life insurance quotes, for example, I get a mish-mash of results.  How do I know which is the right company to choose?

I can go with names I know, like MetLife or Prudential, who often show up well in the rankings (deservedly so).  The only problem with those websites is that I will only get one quote for each particular company.  Then I will have to shop around for competitive quotes.

I can just go down the list and find a company that will provide me with competitive quotes from several companies.  But I soon find this to be a difficult task.  I run into many websites that turn out to be, what we call in the industry, lead generation websites.  Many of these websites will have you fill in your personal information and sell it to life insurance agents (up to 8), who will then all call you to try to sell you a policy.  Another type of lead generation site is identifiable by the large zip code box on the home page.  Just enter your zip code and a page of companies pops up.  You can click each one to try to get quotes, and then you will have to submit your personal information before you get quotes.  Also, youll find many of the companies on this page are some of the companies you already saw in the search results.

I mentioned that many of the companies showing up on the first few pages of Google keep changing.  Most of the changes have to do with the previously mentioned lead generation companies.  As I do this test quite often, I can see what happens.  There are a few of these companies that have figured out how to work the system and move up the search rankings quickly.  When their methods of moving up are eventually discovered, they get knocked out of the rankings.  Shortly thereafter, they appear again as a new website and the cycle continues.

Some people dont mind getting called by multiple agents or going through the redundant process as described above.  If youre not one of those people, how can you find a website that will provide you with life insurance quotes without jumping through the hoops I described above?  Here are a few things to look for:

• Work with a website that is owned and operated by licensed agents/brokers.  You can find this out by reading the About Us or Legal pages of the website.  If these pages are non-existent or limited, you are most probably on a lead generation website.
• If you have to enter your personal information before getting quotes (which I dont recommend), read the Privacy page of the website.  It should spell out exactly what is to be done with your personal information.  If your information is to go anywhere besides the website owners or insurance companies, check out some other sites.
• Make sure there is a list of state life insurance licenses displayed on the site.  If the site is operated by agents or brokers who can personally help you apply for a policy, the licenses should be displayed.
• Read some of the content on the website.  If its thoughtfully written and answers some of your questions about life insurance, theres a very good chance the site is operated by licensed representatives and not a lead generation company.

I hope this will help your search.  There are quite a few reputable companies offering life insurance quotes on the website.  At LifeInsure.com, we pride ourselves in providing life insurance quotes in a secure setting without requiring personal information.   And, we will never sell your information to other agents or companies.

Some homeowners make the mistake of assuming that their property could still be covered by their regular homeowners insurance policy even when they have their property rented out by a tenant. This can turn out to be a costly mistake because there are numerous things and risks that cannot be covered by a homeowners insurance policy but can be covered by a landlord insurance policy. These include the loss and damages resulting from tenant misuse as well as the damages that your property sustains if it has been left vacant for over 30 days. Read on to find out about the top reasons as to why landlord insurance is important for rental property owners.

Landlord insurance can give you the peace of mind that regardless of the amount care and concern your tenant has for your rental property, any damages resulting from his or her use would be covered. Full Post…

It has been found through a new report that insurers in California have been offering health coverage to employers of small organizations, with more number of healthier workers. The same may cause a threat to state and federal healthcare reforms, fear Californian insurance officials.

The report has revealed that under self-insurance, employers need to pay some amount to medical providers for taking care of their workers. It is being said that it is opted by a large number of employers who can afford expensive medical claims.

As per the findings of the report, self-insurance is chosen by employers for many other reasons as well. It can comprise the insurance’s exempt from state insurance regulations like mandated benefits.

Full Post…

Life Insurance

There is actually more than one type of life insurance. While it is true that this type of coverage can financially aid those who are left behind in the event of your death, it can also be used to help out should you become ill or disabled. The fact is that you simply never know when your life could change, and therefore protection is vital.

Both personal and business life insurance is available at this time. Business owners must consider the affect that the loss of a vital employee could cause financial hardship, and possibly even cause the loss of the business.

Full Post…

Term life insurance typically comes in 10, 15, 20, 25 and 30 year terms.  The term is the length of time the policy will be in effect.  At the end of the term, you can either renew the policy on an annual basis, which is usually cost-prohibitive, or you can purchase a new policy, provided youre still young enough and healthy enough.

What if you have a need for life insurance after the end of the term period?  This is a dilemma a lot of buyers of term life insurance face.  If you are 30 years older at the end of the term of your term policy, the premiums for a new policy are going to be much more expensive, even if you are in the same health class you were in when you purchased your first policy (which is rare).  Keeping the existing policy in force on an annual basis (with premium increases annually) is usually not the best way to go, as the renewal premiums are, in most cases, going to be much higher than you paid during the policy term.

You can always purchase a permanent policy, either whole life or universal life insurance, which will last your lifetime.  However, if you purchased a term policy and, sometime during the term period, you decide you need something more permanent, you can, in most cases, convert your term policy to a universal life policy.

If you are considering purchasing a life insurance policy now and you feel that you have a need for lifetime protection, you should look into permanent policies, either whole life or universal life. They

Full Post…

It is surprisingly easy to save money on life insurance. With the resources of the Internet you can quickly get Get life insurance quotes for many providers in only a few minutes, comparing policies side by side. If you are dissatisfied with your current insurance policy, if you feel that you are paying too much, or if you simply want to increase the amount of coverage you carry, then take a few minutes to research your options.

The amount of life insurance you need will change during your lifetime. When you are young and single you may only need enough insurance cover funeral expenses and any debts you might leave. Full Post…