Tag: financial security

Why 99% of Term Life Policies Never Pay Out And What Farmers’ Lawsuit Tells Us

Tate Ellison
Term life policies

Consumer Protection in Focus: The Farmers Life Insurance Lawsuit A high-stakes legal battle is brewing in California as Farmers New World Life Insurance Company faces allegations of overcharging policyholders and improperly lapsing policies. The class action lawsuit, filed on March 18, 2025, in California Superior Court for Los Angeles County, accuses Farmers of engaging in predatory practices that left many policyholders vulnerable. While the case is still in its preliminary stages, it has already sparked critical discussions about consumer rights and corporate accountability in the insurance industry. Understanding the Allegations…

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38% of Americans Are Making This #1 Financial Move in 2025 – Are You?

H. Cutner
Financial Move in 2025

Americans Prioritize Financial Stability for 2025, Study Finds A recent study from Allianz Life Insurance Company reveals a growing trend among Americans—financial stability is becoming a top New Year’s resolution. With rising living costs and increasing financial pressures, this shift highlights the urgent need for better money management strategies. The study, titled the 2025 New Year’s Resolutions Study, examined financial attitudes and habits across various demographics, uncovering critical insights into how Americans are adapting to economic challenges. Financial Stability Tops the List Financial stability stood out as the No. 1…

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5 great reasons to take out an accident insurance policy in Thailand

Guest Author
accident insurance Thailand travel insurance

Thailand is a magnificent place to live, which attracts many people from overseas, either to work or retire and enjoy the many benefits that the country provides. That includes being surrounded by amazing culture and living in a tropical climate which is conducive to having fun by the coast. There is never a shortage of activities while surrounded by stunning scenery which attracts millions of visitors each year. It is an affordable place to live, especially compared to many Western countries, meaning that the many wonderful restaurants can be enjoyed…

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How Medical Debt is Devastating Millions of Insured Americans and What You Can Do About It

Nordstrom
Medical Debt

Medical debt is a pervasive issue in the United States, affecting millions of Americans each year. Despite having health insurance, many people still find themselves facing unexpected medical bills that can lead to significant financial stress. According to a recent survey by the Commonwealth Fund, nearly half of insured working-age Americans received a medical bill or charge that should have been covered by their insurance. This article aims to shed light on the realities of medical debt, highlight key statistics, share personal stories, and offer practical advice for those grappling…

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Why ADUs Are the Next Big Thing in Retirement Planning

Logan B.
Retirement Planning - Small home

Accessory Dwelling Units (ADUs) are becoming an increasingly popular trend among homeowners, real estate investors, and DIY enthusiasts. With the high cost of housing in states like California, ADUs offer a viable solution for maximizing property value and creating additional income streams. What is an ADU? An ADU, or Accessory Dwelling Unit, is a secondary housing unit located on the same lot as a single-family home. They can take various forms, such as backyard cottages, basement apartments, or garage conversions. These units provide independent living facilities, complete with their own…

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State Farm Reverses California Policy Non-Renewals – With a Catch

Live Insurance News
Allstate home insurance growth and decline

State Farm, the largest insurance carrier in California, has announced a significant reversal of its earlier decision to not renew over 70,000 policies in the state, including 30,000 home insurance policies. This change comes after the company initially cited increasing wildfire risks as the primary reason for its decision back in March. However, the company’s renewed commitment comes with a notable caveat that is bound to impact policyholders significantly. State Farm Reversal and The Catch According to a statement from Sevag Sarkissian, State Farm’s California spokesperson, while the company will…

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Understanding if Your Local GP Doctor is Covered by Your Health Insurance Policy

Guest Author
health insurance policy terms and insurance jargon

Health insurance is a crucial aspect of managing healthcare costs, providing financial security when unexpected medical issues arise. However, the specifics of what is covered and what is not can sometimes be confusing. In this article, we will explore a commonly asked question: Is your local General Practitioner (GP) doctor or therapy centre covered by your health insurance policy? The Importance of Knowing Your Health Insurance Coverage Within the healthcare landscape, providers are categorized as either in-network or out-of-network. This distinction plays a significant role in determining the cost of…

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