No one ever thinks a trip to the grocery store as dangerous. But just a few years ago if you made that trip through the intersection of Flamingo Road and Pines Boulevard in Pembroke Pines, Fla., you were risking your life.Read More
About 10 percent of the 2.3 million U.S. couples who will get engaged this year will do so on Valentine’s Day, according to the Diamond Information Center. If you’re among the lucky lovebirds, you’ll have plenty to do before you say “I do,” and that should include purchasing life insurance, insurance experts say.Read More
Buying life insurance can be confusing at the best of times, but it needn’t be. With a bad economy and newer products available, term life insurance can look particularly attractive if you’re trying to save money – but now more than ever, it’s important to ask your insurance agent the right questions upfront.Read More
What do a Newark, N.J.-based mortician, a California-based businessman, and a dentist and his seven mortician-cronies from the East Coast all have in common?Read More
And then there are the excuses—some lame, some hysterical—that have insurers shaking their heads and rolling over in laughter.Read More
Those who may be the least inclined to have a life insurance could be in the position to benefit the most from the financial security a policy can offer.
A new report “Basic Economic Security Tables for the United States” on family economic security released by the non-profit organization Wider Opportunities for Women (WOW) details the challenges that many Americans face in covering their basic expenses and what type of income it would take to save for their futures.Read More
A series of multistate investigations into the insurance industry have revealed that life insurance companies are holding large amounts in unclaimed policies on their books that beneficiaries are likely unaware of. Kevin McCarty, Florida’s insurance commissioner, put the figure at somewhere “north of $1 billion.”Read More
Hepatitis C (HEP C, HCV) has surpassed HIV when it comes to fatality rates of adults, according to a recent study by the CDC. One reason is because a smaller amount of blood is needed to infect a person with HCV than HIV.Read More
Metropolitan Life Insurance Company has signed a multi-million dollar settlement with 22 states that resolves allegations of improper practices by MetLife in benefits under life insurance policies that had gone unpaid for years.
The agreement is expected to deliver millions of dollars in death benefits to state controllers’ offices, which will then seek to find the beneficiaries and pay them their benefits.Read More