IQ expert Dr. Marion Somers: Examining your options for long-term care insurance

Tagged Under : Care Insurance, insurance

A: There are many companies that sell long-term care insurance as well as other insurance products. Its always best to call reputable companies and ask lots of questions. These insurance companies are there to serve your needs and will work hard to gain a satisfied customer.

If by bundling you mean something like bundling home and auto insurance for a discount, then, yes, there are companies that offer a “loyal customer” discount for buying long-term care insurance along with other products. Other discounts may be available through professional associations and organizations.

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Tips for Documenting Homeowner’s Insurance Claims

Tagged Under : Homeowner’s Insurance, insurance

Most people don’t enjoy paying for homeowner’s insurance—that is, until they have a claim. Where I live, in the Northeast, we had brutal weather over the past year and cause to be thankful for insurance. We had severe flooding from rainstorms, an earthquake and a

Most people don’t enjoy paying for homeowner’s insurance—that is, until they have a claim. Where I live, in the Northeast, we had brutal weather over the past year and cause to be thankful for insurance.

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Whole Life Insurance for Elderlies 60 and Above

Tagged Under : insurance, life insurance

Life insurance for the elderly is almost like regular life insurance except that the death benefit is relatively smaller and the premium relatively higher. Insurance companies are business that uses their client’s money to make investments and then profits from them so the longer you let them use your money, the higher profit they get out of it. This is the reason why insurance companies have the ability to offer high amount coverage because the money you pay for the premium is being used by the company to generate more income. So the longer they get to keep your money the higher coverage they provide. Full Article…

Insurance Employees Favourite TV Shows

Tagged Under : insurance, Insurance Employees

It was very hot at the office of Insurance Blog today and not the best of working conditions.

However a bit of light relief went around the office with the results of the Insurance company department favourite gameshows of all time poll.

Here are the results in no particular order…….

Underwriters – Jeopardy
Loss Adjusters – The Price is Right
Actuaries – 15 to One
Marketing Department – Catchphrase
Claims  – Total Wipeout
Accounts – Double Your Money
New Business – Blind Date
Personnel – Britains Got Talent
Senior Management – Big Brother
Claims Fraud – Give Us a Clue
IT Dept – Eggheads
Call Centre – 100 to 1
Products Department – Take it or Leave it
Risk Assessors – The Weakest Link
Account Executives – In it to Win it

Well its nearly silly season…

If your Insurance company department has a favourite gameshow or even maybe a favourite song, write and let us know at the email address at the bottom of the page……

Life insurance complaints during 2009-2010

Tagged Under : insurance, life insurance

Life insurance in India gained momentum since the entry of private insurance companies. Currently there are 23 life insurance companies that are operational in the country which includes 22 private life insurance companies and LIC of India. Life insurance products that cater to different needs of a customer include plans like Term Insurance Plan, Endowment Plan, Money-back plan, Pension Plan, Unit-linked Insurance Plan (ULIP), Child Plan etc.

All the private and public insurance companies in India are governed by the Insurance Regulatory and Development Authority (IRDA). Each year, IRDA’s grievance cell receives thousands of complaints from customers.

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Lost Travel Documents and Travel Insurance

Tagged Under : insurance, Travel Insurance

Many people think about travel insurance for an expensive medical evacuation or having to cancel a trip, but most policies offer other types of assistance during a trip.  One common scenario is lost passports or travel documents.  Every policy has a 24 hour emergency assistance service number that is a free call from anywhere in the world.  This is the call someone would make to arrange a medical evacuation, but some plans also provide lost document assistance.  This can include embassy and consulate services, passport recovery services and help recovering lost travel documentation.

Medjet Assist provided several tips for avoiding common pitfalls with lost travel documents:

  • Carry an extra official photo identification.

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