Life Insurance Around the World

January 21st, 2010

Regardless of nationality, people everywhere want to protect themselves and their dependents from financial difficulties in the event of an emergency. Getting affordable life insurance is a big part of that, which is what makes it a world-wide phenomenon. Already well-established in the United States and Europe (where growth rates are mostly flat), life insurance sales are booming in so-called “emerging markets.” Countries like Brazil, Vietnam, India and China are seeing explosive growth in the number of life insurance policies being sold as their economies expand and mature.

Life Insurance in Vietnam

In Vietnam, for example, the insurance industry (including auto insurance, home insurance, life insurance and more) has grown by 29% per year on average since 2000.

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The Different Types of Term Life Insurance Policies

January 16th, 2010

There are a number of specific types of Term Life Insurance policies that are designed to perform very distinct functions. This article should help you in determining which policy is the one that you should possibly look at for your particular situation.

clipped from www.lifeinsurance-pros.com
Term Life Insurance
Policy!

Truly there are about four types of term life policies that
you choose from the most popular is probably the
level term life insurance policy.

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Pomeroy mentioned for head of insurance group

January 15th, 2010

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BISMARCK — U.S. Rep. Earl Pomeroy is not seeking the presidency of a Washington lobbying group for life insurers, a spokeswoman said Friday, although an industry representative called the North Dakota Democrat a “natural” candidate for the job.

The American Council of Life Insurers has started the process of recruiting a successor for its president, former Oklahoma Gov. Frank Keating, spokesman Jack Dolan said Friday. He said Pomeroy was considered for the position before the council hired Keating, a Republican, in 2003.

Keating’s contract ends in February 2011, and he wants to return to his home state, Dolan said Friday. L

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Insurance and Natural Disaster

January 15th, 2010

According to the United Nations Environment Programme’s Global Environment Outlook, earthquakes are among the most expensive natural disasters, along with floods and windstorms. Earthquakes accounted for 30% of all damage by natural disasters from 1950-2001.

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Life Insurance with Accidental Death: Is it a Good Deal?

January 12th, 2010

Many Canadians are often bombarded by life insurance companies approaching them for accidental life insurance special offers.

Sun Life, Industrial Alliance and BMO Insurance all offer direct-mail campaigns and virtually every other life insurance company offers accidental death insurance as an add on to it’s life insurance policies. The question is, is it a good deal?

1. Accidental Death Insurance is one of the highest profit-grossing products sold by life insurance companies in Canada. The reason for this is less than 5% of all life insurance claims are on behalf of policy holders who died by accident.

2.

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