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May 01 2009
insurance companies and prescription drugs
Insurance companies and prescription drugsThe prescription manufacturers set their own prices and they often build a large profit margin to regain cost spent on researching, manufacturing and advertising. The health insurer analyzes each drug on the
May 01 2009
what are health savings accounts
What are health savings accounts?When someone speaks about health savings accounts, questions always arise in our minds about what is meant by health savings accounts. How do they work? Why is it so special? Health savings accounts have two parts in
May 01 2009
what are ppo and hmo
What are PPO and HMO?A PPO is a Preferred Provider Organization and HMO stands for Health Maintenance Organization. To speak about HMO, we can save a lot of money by paying a low premium amount since the insurance company has negotiated discounts on
May 01 2009
why is health care so expensive
Why is health care so expensive?Health care is expensive because one of the reasons is that prescription drugs are very costly. Medication is the fastest growing health expense in the country. Since the drug companies need the money for their researc
May 01 2009
how does health insurance work
How does health insurance work?The health insurance process is about economy of scale. When you sign up for health insurance, your insurer covers the whole group, rather than individuals, so everyone shares the cost of staying healthy. You join a gro
Apr 30 2009
How to Garner Important Information on Mother Died Insurance
How to Garner Important Information on Mother Died InsuranceDid you go through the traumatic experience when your mother died and there were bills to pay? Or did you go through a situation when your mother died insurance policy could not be found? Th
Apr 29 2009
the benefits of life insurance
The Benefits of Life InsuranceHave you had a recent bereavement in the family? There are many cases where the father dies and there is no life insurance or in other cases where the father died with life insurance leaving a complicated will. No doubt
Apr 25 2009
Get a Wall of Support with Life Insurance
Get a Wall of Support with Life InsuranceDo you want to protect your family in case of eventualities? Do you need timely savings to cover dire consequences? It is imperative to acquire life insurance that would protect your family and help them throu
Apr 24 2009
Need a Life insurance policy How to purchase them
Need a Life insurance policy - How to purchase themMost people have a general idea that should have life insurance to protect your family in case something bad should happen to them. The problem is, the purchase of life insurance can be intimidating
Apr 24 2009
Life Insurance Settlements if you NEED Cash Now
Life Insurance Settlements if you NEED Cash NowLife insurance is there for when things are terrible things that people do not want to think, will happen in your life. Your loved one paid the premiums on a life insurance policy, probably for many year
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LIFE INSURANCE FRAUD IS HORRIBLE
Spitzer Says Firm Defrauded Life Insurance Owners
targeting a new sector of financial services, accused a closely held Pennsylvania firm of orchestrating a bid-rigging scheme to defraud life insurance holders. Spitzer Suit Accuses Company of Abuses in Insurance for Elderly New York Times Coventry First is accused of fraud


I find it horrifying that there are any types of charges with life insurance claims, policy holders etc. Especially for the elderly.

If you've paid into a life insurance policy for 30-50 years, you need to be guaranteed that the beneficiaries will get exactly what they were paying for.

50 years is a life time ... You can't get that time back. Something that you've paid into for that amount of time needs to be guaranteed, absolutely. I would be horrified if after having paid into a life insurance policy for 50 years, the life insurance company said, oops, we can't help your beneficiary. There are some technical and legal glitches from stopping us from helping you!!

Having said that, if there was that type of bad publicity for life insurance companies, their policy holders would dry up over night. Life insurance is a complete trust based industry.

Senior citizens simply don't have the energy or resources to fight huge life insurance companies with all of their cash resources, lawyers, law firms etc.

Fortunately most people are treated fairly by life insurance companies. I'm sure that there are a few cases that slip through the cracks.


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ARE YOU AWARE IF YOU'RE A BENEFICIARY
As I read the articles below, I realize that being a beneficiary for a life insurance policy may be a scary thing. Life insurance beneficiaries could be spouses, business partners, children, non-profits or whomever the life insured decides.

DO YOU KNOW HOW TO COLLECT A LIFE INSURANCE BENEFITS?
If you are the beneficiary of a policy, are you informed as to the details and requirements of the policy to receive pay out? Are you aware of any reason that you wouldn't receive the benefits of a policy... Example, your spouse was involved in a dangerous sport that was not covered in the policy.

I get a sense that sometimes beneficiaries of a life insurance policy don't even know that they have been included. If your spouse is self employed or employed, there may be life insurance policies with credit cards, mortgage company, employers, business partnerships etc. Your spouse may not have shared all of these insurance policies with you because he forgot about them, or what ever other reason.

It may be good to have a discussion with those close to you as to who has life insurance policies and who are the beneficiaries of the life insurance policies.

Articles from October 2006
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Credit Card Blog Technorati Update Ping

Blog Post Date: Oct 15 2006
It's interesting that as soon as I claimed this blog, technorati immediately updated the blog and ping: within 5 minutes. So we know that parts of their service are working quickly.

I'm trying to get a sense of how long it will take, and what I will have to do to get technorati to update my blog when I ping it.

I think I'm starting to see some results when I link from this post.

I'm setting up a link from this blog to www.express-marketing.com/blog.html

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Blog Post Date: Oct 15 2006
This post is to help us claim our quality-ins.com blog with Technorati.com
Technorati Profile

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It's always amazing that when life insurance companies want to purchase companies and other assets, they SURE DO have cash available to do so!!

The news reports below talk about the Swiss are purchasing GE's UK life insurance operations. That's alot of dough!!

I always get alot of reassurance with the life insurance industry when I see this kind of money. I know that my life insurance policy will be safe as life insurance companies are usually made of cash!

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Life Insurance - Fit Insurance To Your Needs

Blog Post Date: Oct 11 2006
I love these life insurance articles... It's amazing to read stories about life insurance events and issues. To be honest, by itself, life insurance is pretty dull and boring.

The schemes people cook up to try to get rich off of life insurance is quite amusing and says a great deal about people's thoughts and actions. Life insurance is all about the people living their lives.

As life insurance agent below well says, "People don't like to talk about death. " Death is hard to talk about, because you can't even imagine what it's like to die. It's extremely painful to think about someone you love dying. It's very hard to conceptualize the benefits derived from receiving benefits of a life insurance policy.

That's why I like to print these articles... They give us more to think about when it comes to purchasing life insurance and receiving those benefits.

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