Are Companies Reaching Gen Y When It Comes to Life Insurance

Are Companies Reaching Gen Y When It Comes to Life Insurance

A new report from Prudential Individual Life Insurance asserts that insurance companies have not yet done an effective job of selling their products to Generation Y, but adds that the task may be easier than many think.

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Does Having Adult ADHD Affect Life Insurance Rates?

Does Having Adult ADHD Affect Life Insurance Rates?

Persons with Attention Deficit Hyperactivity Disorder (ADHD) tend to be fidgety, inattentive, easily distracted and have problems with organization—none of which will necessarily affect life insurance rates. It’s the problems often associated with more severe cases—those who have problems with alcoholism, substance abuse and addiction, depression and extreme risk taking, for instance—that will see rates to soar, or find that they are uninsurable altogether, insurance experts say.

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How Personal Bankruptcy Can Affect Life Insurance Policies

How Personal Bankruptcy Can Affect Life Insurance Policies

Filing for bankruptcy is usually person’s worst nightmare, but when it comes to protecting your assets (including the value of your), information is key.

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Think You’re Too Young for Life Insurance? Think Again

Think You’re Too Young for Life Insurance? Think Again

There are many benefits associated with getting a life insurance policy as a young adult.

One main benefit to purchasing life insurance at an early age is price. When a person is young and healthy they are likely to get a less-expensive quote on their life insurance policy.

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How to save someone from choking to death

How to save someone from choking to death

For people from all walks of life, life insurance serves as a valuable safeguard against unexpected tragedies that can leave loved ones financially struggling for years.

For example, even the healthiest individuals aren’t immune to the risk of choking. In fact, a survey released earlier this year found that about 28 percent of the public has actually witnessed an individual choking.

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How can term life insurance be used for personal finances?

How can term life insurance be used for personal finances?

When planning for retirement, life insurance is a useful tool, but not as a means of saving, according to Walter Updegrave of Money Magazine. Instead, life insurance policies should be used to provide for spouses and dependent children in the event of a tragedy.

Updegrave recommends term life insurance, which carries an annual premium that must be paid to the insurance company, in exchange for their guarantee that a death benefit will be paid to a policyholder’s surviving loved ones.

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How does quality of care help cancer victims live longer?

How does quality of care help cancer victims live longer?

Despite the public perception that their services are reserved for those that are at death’s door, a study published this week in the New England Journal of Medicine found that palliative care specialists helped patients diagnosed with deadly cancers live beyond traditional expectations.

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Best annuities to buy in down economy

Best annuities to buy in down economy

As more and more Baby Boomers hit retirement age, the fallout from the recent economic downturn could force them to adopt more creative solutions to retirement security, including annuities, according to the New York Daily News.

Annuities are a financial instrument, typically sold by life insurance companies, that provides a guaranteed income based on the amount of money that is invested in it, the Daily News reports, adding that the investment can be made either in installments or in a lump sum.

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Most cost-effective term life insurance policy for a family

Most cost-effective term life insurance policy for a family

It’s no secret that times are tough and money is tight. Fortunately, term life insurance provides inexpensive protection for you and your family.

So what is term life and what makes it unique from other life insurance plans? The biggest difference is that it provides protection for a limited period of time, notes Edward E. Graves, author of “McGill’s Life Insurance.”

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