Customers who protect their homes and themselves lower their risk of having to file a claim. As freezing weather blasts its way across three quarters of the country, insurance companies have issued polar vortex safety tips to keep their policyholders safe. The goal is to educate customers to make the right safety choices to prevent injuries to themselves or damage to their property. Several insurers have taken part in this effort to make it easier for policyholders to avoid claims. The following are some of the ways customers can use…
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This week in insurance news video round up
Below please find our notes and links about video featured insurance news… Health insurance shows 84 million Americans uninsured or underinsured for a span of 2012 According to research conducted by the Commonwealth Fund, there were 84 million people who either went uninsured or underinsured for a span of time in 2012. The reason has to do with a provision of the Affordable Care Act that allows young adults to remain on the health insurance plans of their parents for longer periods of time. In the case of underinsurance, research…
Read MoreInsurance News Video Broadcast
This Week’s Round Up – Insurance News Broadcast for April 4th, 2013 See Notes and Highlights of The Stories Featured in Video: Study claims health insurance rate shock may be coming Health insurance companies throughout the U.S. have been warning of the impending rate shock that could be spurred by the Affordable Care Act. According to the study, health insurance companies are expected to pay out an average of 32% more on payouts for medical claims for individual consumers. Federal officials are questioning the accuracy of the study suggesting that…
Read MoreUnderstanding different types of insurance and their need in emergency
Insurance is a vital constituent of financial safety for any person. As time goes by, individuals start thinking about different ways that they may employ to save their hard earned cash – insurance policies being the most common among them. Insurance provides several benefits, based on the type that is purchased. Life insurance, health insurance, auto insurance and homeowners insurance are some of the common varieties of insurance policies. Insurance certainly serves different purposes and offers benefits for individuals as well as businesses. While a lot of people buy insurance…
Read MoreLife insurance should be purchased early for best results
Financial advisors are failing to get the message across to their younger clients. Recent statistics regarding the way that financial advisers are recommending life insurance products have shown that there are two primary common actions that are leaving their clients without the coverage from which they could greatly benefit. The most common of these habits is not to recommend the policies at all. Although life insurance has decreased in its popularity over the last two decades, this does not remove the fact that many people – particularly those with families…
Read MoreAustralian’s demand flood insurance change
The recent flood disaster in Queensland, Australia, has impacted thousands and is weighing heavily on insurers and may incite a change in how flood insurance is sold. The waters were indiscriminate – affecting those insured and uninsured. Those who are insured may find that they are not covered under their plan and will be left with nothing. A financial analyst, Joshua Zenas, is hearing a definate sentiment of change in the air from consumers and that this will cause companies to be put under the scrutinizing glare of the government. “Given the scale of…
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