No Medical Exam Life Insurance – No Physical Life Insurance

Posted by Lola Benny at February 17, 2011
No Comments »

You possibly have questions about no medical exam life insurance. Suddenly many of the more reputable life insurance companies are promoting the idea. They are offering life insurance online to people between ages 18 and age 65. Ever wondered why? I am glad you asked. The reason that these life insurance companies like insurance is that it is quite profitable, that is why.

It cost the life a tremendous amount of money up front to issue one life insurance Contrary to common belief they do not make any money for a few years. They have to pay an agent to write the application. They have to pay a doctor, a paramedic or a nurse to gather pertinent medical information, they pay for what is commonly referred to as an inspection report.

Full Article…

Post Tags: Exam Life Insurance Insurance Life Insurance

Insurance Department Announces Retirement of Longtime Financial Regulation Head Bill Rossbach

Posted by Sara Steel at February 14, 2011
No Comments »

– The Ohio Department of Insurance announced the retirement of Bill Rossbach, an integral part of the Department’s Financial Regulation operation for the past 35 years. Rossbach most recently served as Chief Regulatory Officer.

 

Rossbach joined the Financial Regulation staff in 1976 and was promoted to Assistant Director in 2003 before being named Chief Regulatory Officer in February 2008. As C

Full Article…

Post Tags: Bill Rossbach Financial Regulation Rossbach

Whole Life Insurance Premium Explained

Posted by Lola Benny at February 12, 2011
No Comments »

Is there a good reason why the whole life insurance premium is higher than that of term life insurance? Let us examine how life insurance premiums are constructed and see if the higher cost is justified.

There are three things which determine what a should be, your age, your health and your occupation. As you get older your health is likely to deteriorate thus a higher cost for your If you engage in a hazardous occupation you may pay more because of your occupation.

You can therefore conclude that the longer your is planned to last the more you will pay. You pay less for a level policy than you would for a level policy.

Full Article…

Post Tags: Insurance Premium Life Insurance Life Insurance Premium Premium

Whole Life Insurance Definitions – Understand Whole Life Better

Posted by Lola Benny at February 06, 2011
No Comments »

Whole life insurance definitions. There are certain terms used when one talks about whole life insurance that do not apply to term insurance so it may be worth your while to examine the most commonly used verbiage. Some of what will be discussed apply to any type of life insurance and some to whole life alone. Let us take a look at some of the most commonly used whole life insurance definitions.

  • Whole Life

provides a death benefit for the rest of your life, even if you live to age 100.

  • Cash Value

    • All whole life policies provide a Some companies apply a cash value to your policy at the end of the second year, others later on.

    Full Article…

    Post Tags: Insurance Definitions Life Life Insurance Definitions Whole Life

    Insurance Director Mary Taylor Offers Claims Tips Following Winter Storm

    Posted by Sara Steel at February 03, 2011
    No Comments »

    —Ohioans from Cleveland to Cincinnati and Toledo to Marietta are still digging out from this week’s winter storm that dropped ice and snow across the most of the state.  As we begin to assess the damage to our homes and vehicles, Ohio Department of Insurance Director Mary Taylor is offering some tips to help Ohioans speed up the insurance claims process to begin repairing their homes and/or vehicles.  A severe weather informational toolkit is available here.

     <

    Full Article…

    Post Tags: Storm Winter Storm

    Over 50s Life Insurance – Buying Life Insurance After Age 50

    Posted by Lola Benny at February 01, 2011
    No Comments »

    There really is no such thing as special over 50s life insurance. You really need to qualify like people in their twenties, thirties or forties. There really is no special plan designed for seniors that is worth your hard earned dollar.

    There are companies who target older people as they know that these people are quite aware that from here on they may develop some illness that could terminate their lives. These policies really do not work because the death benefits start out very low and increase each year. You really don’t have much life insurance coverage for your dollar.

    To get real you need to follow the tried and true format. Be straight with the company.

    Full Article…

    Post Tags: 50s Life Insurance Insurance Life Insurance

    Page 20 of 37« First...10«1819202122»30...Last »