How to Find Misleading Information In a Life Insurance Policy

How to Find Misleading Information In a Life Insurance Policy

The National Association of Insurance Commissioners adopted the model regulation, which is a new regulation aimed at protecting consumer and fostering consumer education. Under this regulation, new standardized procedures for policy illustrations were created to help ensure that all illustrations are not providing misleading information.

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How Non U.S. Residents Can Buy Life Insurance From US Companies

How Non U.S. Residents Can Buy Life Insurance From US Companies

People all over the world have been seeking life insurance coverage from U.S. based life insurance companies due to the strong reputation these companies possess – along with very competitive prices. So is it possible for you to get covered even though you’re a foreign national or a non-U.S. resident? The answer is yes, but the process generally takes longer to complete. Before discussing how a non-U.S. resident can get life insurance, it is important…

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Why insurance is so highly regulated?

Why insurance is so highly regulated?

Government regulation of insurance companies and agents began in the states more than 100 years ago for one overriding reason – to protect consumers. It is their responsibility to ensure that insurers remain solvent, so they can meet their obligations to pay claims.

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