Insurance Newsletter (12/30/2008)

Dear 99Insurance.com Readers,

Welcome to the Insurance Newsletter (12/30/2008). In this edition we have included news, articles and videos. You can find more resources on our website: 99Insurance.com.

Insurance News

Report Shows Spike in Pa. Driver
A national report this month said the number of people dropping their car insurance in these tough times is way up. Minimum liability insurance is required to register a car in Pennsylvania and if you let it lapse the registration could be suspended. (More)

Nationwide Mutual Insurance Set To Close NFS Deal: Journal (Fox News)
Nationwide Mutual Insurance Set To Close NFS Deal: Journal (More)

Dow Chemical may seek lower price for Rohm & Haas
The collapse of a major joint venture between Dow Chemical and a state-owned Kuwaiti company raised questions Monday about Dow’s continued willingness to pay $15.3 billion for Rohm & Haas Co.The shares of both U.S. companies plunged more than 17 percent in midday trading.Dow agreed to pay a 74 percent premium for the Philadelphia-based specialty chemical maker during the height of the energy crises in July, when the company was burdened by unprecedented costs for energy and carbon-based feedstocks. (More)

Insurance Videos

Insurance Company Rules

Check out “Insurance Company Rules” - a collaboration between Health Care For America Now (HCAN) and Public Service Administration (PSA). You can read more at: http://www.HealthCareForAmericaNow.org

Insurance Articles

Major Medical Evacuations And Travel Insurance
Many people have thoughts about what happens to them or their family members if they should become ill or have an accident while they are travelling, especially if their trip takes them overseas. If y… (More)

Term Life Insurance and Marriage
Marriage is one of the most important and wonderful events in an individual?s life. It is the sacred bond that binds two souls on Earth to live happily ever after. But marriage also brings in added re… (More)

Online Insurance Difficulties and Tips to Reduce Premiums
If you are looking for insurance in Northern Ireland then you can look online. However if you have previously used the internet for any type of insurance, then you are probably put off by this thought. (More)

Obtaining Cheap Insurance
Right up to the early 90s, Northern Ireland residents saw many troubles, some of these we remember as car bombings and car theft, with the vehicles being used as barricades which were often set alight and left to burn. Is there any wonder that car insurance along with other types of insurance came with sky high premiums and buying online was next to impossible if you lived in NI? (More)

Manage the Future With Insurance Policies
Insurance policies are very common among the people of India these days. As such, there are a number of agencies that offer various kinds of insurance products in the country. It would not be wrong to say that this trend has come into existence due to the rising awareness among the people. (More)

This newsletter is provided by 99Insurance.com.

Posted by 99Insurance on December 30th, 2008 Comments Off

Happy Holidays from 99Insurance.com

Dear 99Insurance.com Readers,

We’d like to thank you for being a visitor for 99Insurance.com. We wish you abundance, happiness, and peace in a new year filled with hope. Happy holidays!

Insurance News

Alfa Insurance Lowers Alabama Auto Insurance Rates
Alfa Insurance today announced a 1.9 percent reduction in auto insurance rates for qualifying Alabama policyholders. (More)

Insurance to let seniors use Medicaid without going broke (Dallas Morning News)
Beginning early next year, Texans who plan for their old age will get a special break from the state. People who buy long-term care insurance will be allowed to keep more of their savings if they ever need to turn to Medicaid to pay for nursing home care or in-home aides. (More)

Ap Impact: Wall Street still flying corporate jets
Crisscrossing the country in corporate jets may no longer fly in Detroit after car executives got a dressing down from Congress. But on Wall Street, the coveted executive perk has hardly been grounded.Six financial firms that received billions in bailout dollars still own and operate fleets of jets to carry executives to company events and sometimes personal trips, according to an Associated Press review.The jets serve as airborne offices, time-savers for executives for whom time is money _ lots of money. And some firms are cutting back, either by selling the planes or leasing them. (More)

Protective Life Announces Results of Life Insurance and Annuity StudyLoading…
Source: Wordcount: 746 Business Editors/Insurance Writers BIRMINGHAM, Ala.– –December 19, 2008–Protective Life Insurance Company announced today the results of a new proprietary study sponsored by Protective … (More)

Ahead of the Bell: Insurers may need more capital
Some insurers may be forced to raise equity capital as they continue to face a challenging economic environment, an analyst said Friday. (More)

Insurance Videos

Health Insurance Companies

2008 Presidential Candidate Ralph Nader answers a question about the role of health insurance companies in his national heath care plan. From the Open the Debates super rally in Minneapolis, Minnesota on September 4, 2008.

Insurance Articles

Insurance for IT Contractors
IT contractors provide professional advisory services to different clients and sometimes unconsciously wrong decisions during their job. These wrong decisions can make them land into compensation clai… (More)

Car Insurance for New Car owners
Who would want to spend a king?s ransom on car insurance, but getting a cheap insurance is rather very difficult to get .However, there are a few things that could be done to reduce the premium of one… (More)

Online Insurance Quotes - How to Take Advantage of a Competitive Environment
In the past if you wanted to shop for the most competitive rates on insurance you had to make a whole lot of phone cals ans sort thru alot of information. The internet has made shopping and comparing insurance quick, easy, and hassle free. (More)

Unemployment Protection Insurance - Provides the Safety Net of a Replacement Income
Unemployment protection insurance has to be given some serious thought as there are three different types. All would protect your repayments against the possibility that you might lose your income to redundancy. (More)

This news letter is provided by 99Insurance.com.

Posted by 99Insurance on December 22nd, 2008 Comments Off

Term Life Insurance - Target for the Future and Prepare Yourself Financially by Investing in the Life Insurance Policy

Sometimes we don’t get to do what we want and then we have to be patient. Sometimes it is not all about us. We even have to think about the needs and the protection of our family. For that we need to improve our life style and we need to think how we can save and win. If the goal is to invest in a good life insurance policy then victory is sure for us. When we are financially protected then everything goes well in our life, but if we do not have financial backup then we may feel restless and impatient and worry about our finances. Instead of letting these worries gnaw us, it is better that we do something about it before only. We must start by making a realistic budget. Clearing up the clutter in our personal and professional; life on time will save us and then we can tackle all the situations with challenge. We have to start something as a new cycle begins. We have to be sure that our goals are an expression of who we really are and how we care for our family. Investing in any of the life insurance policies will not only boost our confidence but also give a new enthusiasm to our family and they will also consider that they are financially protected for their future. Our little practical acts and hardworking abilities will help us to climb the ladder of success. We can overcome obstacles with ease in our life if we are financially protected and insured our selves through the life insurance policies. With this our self confidence is at an all-time high level and then we can work these high energies towards our advantage. Before we put our finances in any of the life insurance policies it is good to have all the detailed information about it. While we are discussing about the benefits of the life insurance policies with the agents, then we should insist about all the information, not just the bits and pieces because after all it is the scheme which we are planning for a long term. Hence it would be wise if we take appropriate decision.My elder sister had just completed her studies and she was finding a good job. She discussed with me that once she settles in her life, she will buy a life insurance policy so that she will not have to depend on anyone for her future comforts. Gradually she settled and she decided that she will invest in the universal life insurance policy. She advised me also that once I complete my studies and I start my own life, even I should put a part of my earnings in the life insurance policy so that I also will be financially independent. After a few years I took the advice of the life insurance agent and she guided me that I should invest in the universal life insurance policy after seeing all my needs and budget.

Angela is an expert in the field. For affordable life insurance and for more information on Term life insurance Please visit:http://choicesinc.ca/

Posted by 99Insurance on December 11th, 2008 Comments Off

Insurance race relied less on industry

The percentage of money in the campaign for N.C. Commissioner of Insurance that came from industries regulated by that office plummeted from 66 percent in 2004 to 5 percent this year, according to N.C. Voters for Clean Elections.

The figure dropped because both candidates in the commissioner’s race chose to accept public financing, a test program in North Carolina in which the candidates receive public funding but must agree to fundraising limits.

Commissioner-elect Wayne Goodwin, a Democrat, received $22,000 from members of industries regulated by the office, such as insurance companies, bail bondsmen and manufactured housing companies. Republican John Odom collected $9,600 from contributors in that category, according to the elections group’s report.

Click here to read the rest of this article.

Posted by 99Insurance on November 16th, 2008 Comments Off

Whole Life Insurance Vs Universal Life Insurance - Looking at Both Types of Life Insurance Polices

Whole life insurance vs universal life insurance, what one should i take? Many people are confused when it comes to picking the right policy for their situation, this article will go over the basics of each policy and hopefully give you a better understanding of how they work.

About The Whole Life Insurance Policy

Your premium payments will never change for the entire length of the policy. This is great news for younger people who can lock in low rates when they are still considered low risk by insurance underwriters. Additionally your death benefit payout will not change for the length of your policy.

Probably the biggest negative associated with this type of insurance is that your insurer does not have to tell you what the administrative cost or mortality costs are.  You are also unable to control where and how your money is invested and you insurer does not have to tell you your accounts return rate.

About The Universal Life Insurance Policy

This type of policy has the ability to let you adjust your monthly payment levels and death benefits. This is unlike whole life which locks these in and makes them unchangeable. You also have the ability to deposit any extra money into your universal policy further increasing its value.

However good this may all sound keep in mind that a universal life insurance policy has a value that changes with interest rates. This means if rates go up  your value does to. But if rates go down  your policy value will decrease.

When it comes to whole life insurance vs universal life insurance one must make up their own mind and decide if they like flexibility and changing values or consistent premiums and coverage but limited access.

Learn more about the Types Of Life Insurance and how each one can protect your family differently by visiting http://www.lifeinsurancestuff.com

Posted by 99Insurance on November 6th, 2008 Comments Off

Insurance Tips: Dealing with Disaster

Below is a video on Insurance Tips: Dealing with Disaster

 

Provided by http://www.99insurance.com

 

Posted by 99Insurance on October 25th, 2008 Comments Off

Health insurance & YOU

Is it alright to take health policy online or is it advisable to take it through some agent? Will the agent be helpful in settling of claims in future? Do we get money back in case of maturity of health policies?

Can you transfer your existing family floater policy to some other insurer and still expect the bonus to continue? What problems can you face when you change your health insurer and try claiming money for hospitalisation charges for treating pre-existing ailments?

In a chat with readers on October 6, Harsh Roongta answered these and many more queries related to your and your family’s health insurance needs.

Read More

 

Posted by 99Insurance on October 15th, 2008 Comments Off

Workers worry about jobs and health insurance payments

More than half of American workers are worried about finding a new job if they become unemployed, and many are concerned about their ability to pay for health insurance, according to a new poll.

The most recent “America at Work” national poll was conducted by the Employment Law Alliance, a national network of employment attorneys.

The survey of 1,159 workers, conducted in September, also found that in the contest for president Sen. Barack Obama is preferred over Sen. John McCain on workplace issues.

“Our poll results clearly show that after fear of finding another job if displaced, related pocketbook issues — led by the affordability of health care insurance — have American workers on edge,” says Stephen J. Hirschfeld, chief executive officer of ELA.

Source: 99Insurance.com

Posted by 99Insurance on October 5th, 2008 Comments Off

Health insurance costs grow 5% in ‘08

Health insurance premiums rose a modest 5% this year as coverage gets skimpier, researchers said Wednesday.

The 5% increase was comparable to last year’s uptick. Overall, premiums for increased to $12,680 for coverage of a family of four and premiums for single coverage increased to $4,704, according to the Kaiser Family Foundation and the Health Research and Educational Trust. Employers pick up, on average, about three-quarters of that cost.

 

ON THE WEB: Read the full study
Source: http://www.99insurance.com

Posted by 99Insurance on September 25th, 2008 Comments Off

Life Insurance Awareness Month

If you were no longer there to provide for them, would your family be able to keep their home? Could your children attend college? If you answered ‘no’ to either of these questions, it may be time to look at your life insurance coverage.

September has been designated Life Insurance Awareness Month by the Life and Health Insurance Foundation for Education (LIFE). The Foundation is encouraging people to examine their life insurance policies to determine if they are adequately protected.

 

Read More

 

Provided by: http://www.99insurance.com/

Posted by 99Insurance on September 8th, 2008 Comments Off

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