life insurance policies

U.S. Insurance Regulators Issue Consumer Alert on Life Insurance Death Benefits

Tue, 07 Sep 2010 21:15:05 +0000

State insurance regulators, under pressure to improve disclosure of death-benefit payment options, issued a consumer alert about the industry practice of retaining funds rather than paying them in a lump sum.
“You may be able to earn a higher rate of interest on the life …
life insurance policies

MetLife Study Finds Typical First Year Income Loss for a Critical Illness is More Than $12,000

Tue, 07 Sep 2010 21:15:05 +0000

NEW YORK, Aug 23, 2010 (BUSINESS WIRE) — Two MetLife companion studies released today found that experiencing a critical illness, such as cancer, a heart attack or stroke, can reduce a family’s income by more than $12,000 in the first year alone — even with medical coverage in …
does anyone know the real story

MetLife Study Finds Typical First Year Income Loss for a Critical Illness is More Than $12,000

Tue, 07 Sep 2010 21:15:05 +0000

Two MetLife companion studies released last week found that experiencing a critical illness, such as cancer, a heart attack or stroke, can reduce a family’s income by more than $12,000 in the first year alone — even with medical coverage in place — primarily due to the inability to work. …
oh i can’t beleive it

Life Insurance Doesn’t Have To Be So Complicated

Tue, 07 Sep 2010 21:15:05 +0000

This week an insurance research firm reported that ownership in life insurance has reached a 50-year low, with nearly a third of U.S. households not having a form of this financial protection. As the benefits industry begins Life Insurance Awareness Month in September, Unum (NYSE: UNM) shares the concern that …
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Investor in planned Ground Zero mosque allegedly overbilled State Farm

Tue, 07 Sep 2010 21:15:04 +0000

An investor in the proposed Ground Zero mosque in New York was sued for allegedly taking $1.8 million from State Farm, according to a media report.Investor in planned Ground Zero mosque allegedly overbilled State Farm via IFAwebnews.

if people only knew

Golfers wanted for GWAHU annual charity golf tournament

Tue, 07 Sep 2010 21:15:04 +0000

The Greater Washington Association of Health Underwriters has scheduled its Annual Golf Tournament to Benefit CureSearch for Monday, Oct. 4, at the Norbeck Country Club in Olney, Md.Golfers wanted for GWAHU annual charity golf tournament via IFAwebnews.

thats funny

Four New Jersey insurers pay $60,000 for infractions in Virginia

Tue, 07 Sep 2010 21:15:04 +0000

Four insurance companies based in New Jersey were fined $66,000 by Virginia regulators for failing to comply with several state laws.
Four New Jersey insurers pay $60,000 for infractions in Virginia via IFAwebnews.

whole life insurance policies

Technology: Use the tools, but donâ€™t rely on them

Tue, 07 Sep 2010 21:15:04 +0000

Grab your Blackberry and check your appointments, while you’re at it, see if any of your clients have posted anything worthwhile on Facebook, tweet your new prospect, check your e-mail … Read →Technology: Use the tools, but donâ€™t rely on them via IFAwebnews.

types of life insurance policies

Regulators issue alert on retained asset accounts

Thu, 02 Sep 2010 17:23:32 +0000

BANGALORE (Reuters) – The organization of state insurance regulators issued a consumer alert about retained assets accounts (RAAs), days after the Federal Deposit Insurance Corp (FDIC) said life insurers using the product should reveal more information. RAA provides the flexibility to earn interest on the life insurance proceeds, but …
does anyone know the real story

U.S. Insurance Regulators Issue Consumer Alert on Life Insurance Death Benefits

Thu, 02 Sep 2010 17:23:32 +0000