Life Insurance Blog Area

Tour Of Term Life Insurance Blogs

Tour of term life insurance blogs.

I saw some interesting posts by other insurance blogs and thought I would hilite those here;

The Insurance Policy Blog has a post about:
Poipu Beach Kauai Hawaii Vacation: Should I Buy Trip Cancellation Insurance?
Traveling to a far away destination is usually costly and often planned many months in advance. Therefore it could be beneficial to your peace of mind and financial well being to possibly purchase trip cancellation insurance. However, before buying a trip cancellation policy check to see if a trip is already covered through other means.

Recently my mother, who is mid 60's went to Africa on a religious missionary type trip. She was helping people in Kenya install water filtering processes for their wells. She currently lives in Calgary, AB.

I can only imagine what would need to be done if she suddenly passed away in the middle of a forest area in Kenya.

In order to repatriate a body from another country, you would need a big sum of money to pay for transportation costs, red tape, and other processing costs.

So, as The Insurance Policy states, it's really important to have some sort of trip cancellation insurance policy and as well trip life insurance policy.

-----------------------

AccuQuote life insurance blog has a post about:
Can I lie on my life insurance application to get a more favorable rate?
If you are asking yourself this question, you may want to read yesterday's post. Once you read it I think you'll see why lying on your application is NOT a good idea.

You want to be as honest as possible for several reasons.

Whereas it may seem like a good idea to lie about your health, age, risky activities or occupation, the life insurance companies have a great deal of checks and balances to test to see if a person is telling the truth or not.

SCENARIO:
You have lung cancer and apply for a life insurance policy that doesn't require a medical.

If you pass away, and by their research the life insurance company detects that you had lung cancer when you applied for the insurance, you would forfeit the benefits and the life insurance company would return your premiums back. This would be on the basis of a fraudulent application.

If you apply for a life insurance policy that requires a medical, the medical exam would determine that you have cancer, or what ever other health problem and either be denied life insurance, or have to pay a much higher amount.

Articles from April 2007
More articles from Year 2007

Comments (0)