Cheapest Life Insurance

Why Cheap Health Insurance Coverage is Dicey in Illinois

October 9th, 2009

Cheap health insurance coverage represents a lure for the 40+ millions United States citizens living without coverage. A comprehensive analysis shows that while these Illinois health plans promise to deliver, they exclude the coverage needed to cover a medical emergency situation or even pre-authorization. In reality, the consumer pays more in the end for the outrageously, cheap health insurance quote.

The health insurance heist of 2000 left insurance holders, totaling some 100,000 consumers with more than $85 million dollars in hospital bills. The fake cheap health insurance coverage used to be localized, affecting Americans in small numbers.

Full Article…

Posted in Life Insurance | No Comments »

Should the Uninsured Defer Coverage for the Obama Health Plan?

October 8th, 2009

Deferring today’s health issues provokes tomorrow’s chronic medical conditions With Obama’s health plan in the works, it will be years before the uninsured can expect a government backed policy to take effect. Cancer is a prevalent chronic medical condition, affecting over a million Americans and accounting for more than 500,000 deaths each year. Almost 8 percent of the American population is afflicted with diabetes. Annually, heart attacks account for 300,000 deaths each year. [Source: National Institute of Health] The aforementioned diseases represent the leading causes of death. Obtai

Full Article…

Posted in Life Insurance | No Comments »

A CPA Talks About Purchasing Life Insurance

October 8th, 2009

Not everybody needs life insurance. The first item to do is make certain you want it. Life insurance is really meant for your family members or other dependents who rely on your earnings.

Why You Buy Life Insurance plan

You buy life insurance plan therefore that, wheter you die, your dependents could live the matching kind of life they live at this moment. Strictly speaking, then, life insurance coverage is only a means of replacing your earnings in your absence. If you don’t have dependents (say, because you’re single) or you do not have earnings (say, because you’re retired), you don’t require life insurance plan. Note th

Full Article…

Posted in Life Insurance | No Comments »

LISA Responds to ABC Report on the Life Settlement Market

October 4th, 2009

World News Tonight (ABC) considered Life Settlements. Producers of the program found a physician consumer, Dr. Eddy Powell, who had happily sold his life insurance policy for far more than the value which the life insurer would have offered him at the time. Dr. Powell sold the policy for a value which required the buyer to pay the premiums for the rest of Dr. Powell’s (presumably long) life. In the ABC piece, Dr. Powell expressed regret for having sold the policy because, though the sale afforded him the ability to pay off his debts, he was no longer the owner of the policy. According to some experts, Dr.

Full Article…

Posted in Life Insurance | No Comments »

5 Most Alarming Long Term Disability Ternds

October 1st, 2009

I want to share with you these eye popping disability trends. The Council for Disability Awareness (CDA) conducts an annual review of long-term disability claims among the U.S. working population to determine continuing or emerging trends. The 2007 CDA Long-Term Disability Claims Review includes long-term disability insurance claims data from member companies and Social Security Disability Insurance (SSDI) program.

The five key trends are below:

1) The growth of serious disabilities among the U.S. working population continues to be alarming. Over the last 10 years, the number of U.S. workers with long-term disabilities has grown four times the increase in the number of workers in the U.S.

Full Article…

Posted in Life Insurance | No Comments »