Posted on December 9th, 2010 by mahir
Filed under Florida Life Insurance, Life Insurance |
U.S. households hold an individual life insurance policy — a figure that represents a 50-year low, a new study by LIMRA shows. Today, 30% of households — or 35 million — have no coverage, up from 22% of households in 2004, LIMRA said. At a time when finances are tense and the job market and the economy are struggling, “having the defense of affordable life insurance is more essential than ever,” said Catherine Theroux, a spokeswoman for the Windsor, Conn.-based LIMRA.
The study originate that four in 10 U.S. households with children would have difficulty paying bills if the main breadwinner died today. Most American families have less money to rely upon as a financial cushion than before the economic slump began in 2008, LIMRA noted. More than 40% of Americans said a major reason they have not bought more life insurance is because they have other financial priorities right now, such as paying off debt or saving for retirement, Theroux said.
Among households with children younger than 18, 11 million have no life insurance, the research organization found. A bulk of families either have no life insurance or not enough, leaving them one accident or terminal sickness away from a financial catastrophe for their loved ones, said Robert Kerzner, president and chief executive officer of LIMRA, LOMA and LL Global, in a statement. Word life is one of the most popular products for young families and the middle-income market, Theroux said. Total second-quarter U.S. sales of individual life insurance — calculated in new annualized premium — rose 7% from the same period in 2009, marking the second straight quarter in which sales increased from the prior year, according to LIMRA.
Word life, however, was the only product whose premium didn’t increase year over year. New annualized premium declined 11% and was down 7% year-to-date. According to a new column by executives at Swiss Re Life & Health America, after 15 years of sharp price declines, word insurance premiums began to rise in 2009. Through August 2009, the premium for a $500,000 policy for a 35-year-old man with a rate guaranteed for 20 years rose 5% on average, and the premium for a policy with a 10-year guarantee was up 6%.
Several leading companies raised word insurance premiums by as much 10% to 15% last year, and others have stopped writing long-term business.
Posted on December 7th, 2010 by mahir
Filed under Florida Life Insurance |
1. All policies fall into one of two camps - There are term policies, or uncontaminated insurance coverage. There are the many variants of whole life, which combine an investment product with pure term insurance and build cash value.
2. Insurance is sold, not bought- Agents sell the vast majority of life policies written in the [...]
Posted on December 2nd, 2010 by mahir
Filed under Group Health Insurance, Health Insurance |
The message raised with discussion of Paul Revere in an attempt to induce lawmakers to repeal federal health reform legislation lately pushed through Congress by Democrats. The admire America campaign stopped up in Denver yesterday with its spokesman, former Republican New York Gov. George Pataki, hopeful Coloradans to sign a petition asking Congress to repeal [...]
Posted on November 29th, 2010 by mahir
Filed under Group Health Insurance, Health Insurance |
In order to make things easier for visitors, the sites that do proffer individual health insurance online are the greatest resources for ruling coverage. All tools are obtainable to search every plan in the country instantaneously and research every advantage obtainable to the applicant. Applying online is very speedy and allows applications to be submitted [...]
Posted on November 26th, 2010 by mahir
Filed under Florida health insurance guide, Group Health Insurance, Health Insurance |
Individually health insurance, consumers take liberation of unprejudiced quotes that will straight them to proper reporting and savings. The service only searches for individual health insurance advice from approved health insurance carriers and licensed insurance agents that make active within one’s home state. Health insurance quotes are classically obtained within minutes of submitting one’s finished [...]
Posted on November 23rd, 2010 by mahir
Filed under Group Health Insurance, Health Insurance |
A health insurance committee will be convey the message to the Joplin City Council that city workers are willing to pay extra for group health insurance in exchange for keeping similar benefit levels.
This proposal the committee is making for next year’s health coverage under a self-funded diagram the committee has chosen to employ, said the [...]
Posted on November 16th, 2010 by mahir
Filed under Florida Health Insurance, Florida health insurance guide, Health Insurance |
Involving a health care transform that affects all Americans, questions happen about what is going to occur next in America. With the new laws evolving everyday, a lot of changes are occurring. Also, every state now varies on specific changes due to a number of states denying Obama Care and suing the federal government to [...]
Posted on November 11th, 2010 by mahir
Filed under Group Health Insurance, Health Insurance |
People are going to get his/her health insurance quotes directly from the insurance agent because he/she has no idea that health insurance quotes are available online for free. Free online health insurance quotes help you to save your cash and make your life better because rates on offer are extremely good. It is very easy [...]
Posted on November 9th, 2010 by mahir
Filed under Health Insurance |
Demand has been artificially suppressed because of the state’s top-ranked uninsured rate. According to the Centers for Disease Control, nearly 32 percent of non-elderly Texas adults were uninsured in 2009. They generally only see a physician when they have to.By 2014, the Affordable Care Act will change that. Expanded Medicaid, insurance exchanges and the individual [...]
Posted on November 4th, 2010 by mahir
Filed under Life Insurance |
Only 44% of U.S. households hold an individual life insurance policy — a figure that represents a 50-year low, a new study by LIMRA shows. Today, 30% of households — or 35 million — have no coverage, up from 22% of households in 2004, LIMRA said. At a time when finances are tense and the [...]