Renting A Car Over Labor Day Weekend?
An estimated 34.1 million Americans are expected to travel at least 50 miles from home this Labor Day weekend, the highest turn out since 2008, when the recession was at its peak, the American Automobile Association reports. Gas prices are also down, nearly 5 percent, another plus for vacationers. However, for those renting a car, […]
Are You Making These Health Insurance Mistakes?
If you’re responsible for a portion, if not all of your health insurance costs, you are well aware of the price tag that comes with the territory. While you can take the easy way out and sign up for the cheapest and most streamlined health insurance policy, you could end up contributing to your out-of-pocket […]
Enjoy financial security with Life Insurance
Financial needs change with change in one’s life stage. Whether it’s your marriage, children’s education or retirement years, you need money to get through the various stages of life comfortably. Life insurance helps you meet these requirements and prepares you for unforeseen expenses. Insurance provides you with financial security that helps you take care of […]
Big student loans? Consider life insurance
If you’re co-signing big student loans for your child, you may want to buy a life insurance policy while you’re at it. While no one wants to imagine the death of their child, taking out insurance on your son or daughter — or asking them to purchase their own plan — will protect you from […]
Plan ahead: Insurance gaps to avoid over the years
As you age, your insurance needs change. While in your younger years you worry about protecting your property and income, protecting your assets becomes a higher priority later in life. “Changes in your life can mean big changes in your insurance needs. A change in marital status, the birth of a child or a purchase […]
Many spend 15 minutes or less picking health insurance
Many people (41%) spent 15 minutes or less researching their health insurance plan options during the 2013 open enrollment period, according to a survey. That’s far less time than they take on other major purchases. Other data show that people spend an average of 10 hours researching a new car purchase; five hours planning a […]
5 things to know on children’s life insurance
Policies for children represent a small fraction of the life insurance market, but they made the news this week after a court hearing for a Georgia man accused of killing his young son by leaving him in a hot car. Testimony and court documents revealed that Justin Ross Harris and his wife had two life […]
Does health insurance increase your lifespan?
The mortality rate in Massachusetts declined substantially in the four years after the state enacted a law in 2006 mandating universal health care coverage, providing the model for the Affordable Care Act. In a study released last week, Harvard School of Public Health professors Benjamin Sommers, Sharon Long and Katherine Baicker conclude that “health reform in Massachusetts […]
You’ll never believe these 5 nutty claims stories
Like emergency room doctors, cops and priests in the confessional booth, insurance people are being asked to clean up the messes that people make–and worse, they’re expected to pay for them. It’s little wonder that veteran insurance people can get a bit jaded. When it comes to claims–and human nature–they have seen everything. We spoke […]
More wacky claims stories from industry veterans
The case of the tenacious terrorist Claims consultant Chris Tidball has worked for P&C carriers for more than 20 years, in roles ranging from claims adjusting to management. He has enough crazy claims stories to fill a book–which, in fact, he’s literally working on right now. “Ibrahim Mohammed was a downright scary claimant,” Chris recalls. […]