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Life Insurance Blog Post Date: Oct 29, 2006

Life Insurance - Health Insurance For Diabetics Launched - Hindu

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.

News Post:
Health insurance for diabetics launched - Hindu
28 Oct 2006 at 1:46pm
HinduHealth insurance for diabetics launchedHindu, India - 22 hours ago DIABETES CARE: Shikha Sharma, CEO & Managing Director, ICICI Prudential Life Insurance (right), Dr. M. Rema, Managing Director and Chief Ophthalmologist (centre ICICI Prudential launches first health insurance for diabetics Daily News & AnalysisInsurance cover for diabetics Andhra CafeIf you want liquidity, look not at Ulips Daily News & Analysisall 7 news articles

The Weighty Issue Of Life Insurance - 50 Connect
28 Oct 2006 at 9:53pm
50 ConnectThe Weighty Issue Of Life Insurance50 Connect, UK - 14 hours ago fat or too thin, the BMI will expose you; the financial result is a higher premium (or no premium at all because you are refused life insurance cover completely

Spitzer Says Firm Defrauded Life Insurance Owners (Update2) - Bloomberg
26 Oct 2006 at 2:29pm
Consumer Affairs Spitzer Says Firm Defrauded Life Insurance Owners (Update2)Bloomberg - Oct 26, 2006 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 Philadelphia Inquirer Spitzer takes on life settlement industry MSNBC Philadelphia Business Journal - Houston Chronicleall 90 news articles

Autistic boy can't get life insurance - Electric New Paper
26 Oct 2006 at 4:04pm
Autistic boy can t get life insuranceElectric New Paper, Singapore - Oct 26, 2006By Genevieve Jiang. WHEN Mr Andrew Ng tried to buy a life insurance policy for his 6-year-old son earlier this year, he was turned away.

Life Insurance and Life Assurance are not the same! - Best Syndication
25 Oct 2006 at 5:06pm
Life Insurance and Life Assurance are not the same!Best Syndication, CA - Oct 25, 2006The average man in the street assumes that Life Insurance and Life Assurance are names for the same form of insurance. How wrong they are!

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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. News Post: Health insurance for diabetics launched - Hindu 28 Oct 2006 at 1:46pm HinduHealth insurance for diabetics launchedHindu, India - 22 hours ago DIABETES CARE: Shikha Sharma, CEO & Managing Director, ICICI Prudential Life Insurance (right), Dr. M. Rema, Managing Director and Chief Ophthalmologist (centre ICICI Prudential launches first health insurance for diabetics Daily News & AnalysisInsurance cover for diabetics Andhra CafeIf you want liquidity, look not at Ulips Daily News & Analysisall 7 news articles The Weighty Issue Of Life Insurance - 50 Connect 28 Oct 2006 at 9:53pm 50 ConnectThe Weighty Issue Of Life Insurance50 Connect, UK - 14 hours ago fat or too thin, the BMI will expose you; the financial result is a higher premium (or no premium at all because you are refused life insurance cover completely Spitzer Says Firm Defrauded Life Insurance Owners (Update2) - Bloomberg 26 Oct 2006 at 2:29pm Consumer Affairs Spitzer Says Firm Defrauded Life Insurance Owners (Update2)Bloomberg - Oct 26, 2006 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 Philadelphia Inquirer Spitzer takes on life settlement industry MSNBC Philadelphia Business Journal - Houston Chronicleall 90 news articles Autistic boy can't get life insurance - Electric New Paper 26 Oct 2006 at 4:04pm Autistic boy can t get life insuranceElectric New Paper, Singapore - Oct 26, 2006By Genevieve Jiang. WHEN Mr Andrew Ng tried to buy a life insurance policy for his 6-year-old son earlier this year, he was turned away. Life Insurance and Life Assurance are not the same! - Best Syndication 25 Oct 2006 at 5:06pm Life Insurance and Life Assurance are not the same!Best Syndication, CA - Oct 25, 2006The average man in the street assumes that Life Insurance and Life Assurance are names for the same form of insurance. How wrong they are! Articles from October 2006 More articles from Year 2006 Comments (0) Compliments of: http://www.bestsyndication.com Get a Term Life Insurance Quote
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