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Life Insurance News Blog
29th
Mar

News from Motley Fool:
Source: Allstate, Facebook.
There are few products as widely disliked as insurance. Few people I know enjoy the idea of prepaying — whether it be for health insurance, car or home insurance, or life insurance – for a crisis that might never happen.
Yet insurance of all forms plays [...] Continue Reading…

23rd
Mar

News from The Union Leader:
The New Hampshire Insurance Department will be awarded settlements from two national life insurance companies to help verify that eligible beneficiaries are receiving proper insurance benefits.Guardian Life and Pacific Life will pay a combined total of close to $ 5 million to insurance regulators [...] Continue Reading…

23rd
Mar

News from Washington Post:
By Associated Press March 22 at 7:58 PM
JACKSONVILLE, Fla. — A businessman reported dead two years ago in Venezuela was arrested in North Carolina on fraud charges Saturday after his life insurance companies filed lawsuits alleging he was alive.
Details of the charges against Jose Lantigua, 62, [...] Continue Reading…

21st
Mar

News from Cape Gazette:
If you have a family to support or if a loved one would suffer if your income suddenly disappeared after your untimely death, you should consider life insurance.

Do
Purchase enough life insurance to cover five to eight times your annual salary in order to help dependents
 
Don’t
You don’t [...] Continue Reading…

18th
Mar

News from CNBC:

If you are like many other people, you’ll spend plenty of time worrying about whether you are saving enough for retirement and give relatively little thought to the issue of life insurance.
Life insurance often gets short shrift, partly because many people come at it with preconceived ideas, [...] Continue Reading…

10th
Mar

News from Charlotte Observer:
Charlotte’s Better Business Bureau is advising local residents to ignore mailers from an entity called the National Processing Center offering information on insurance to cover funeral expenses.
The Washington, D.C.-based National Processing Center, which is not to be confused with the U.S. Census Bureau’s statistics-gathering hub of [...] Continue Reading…

9th
Mar

News from Kennebec Journal & Morning Sentinel:The bill, sponsored by Rep. Donna Doore, D-Augusta, has been amended to apply to only the Maine Public Employees Retirement System.
AUGUSTA — A bill that would have required insurance companies to send a registered letter to notify holders of a canceled life insurance [...] Continue Reading…

8th
Mar

News from Covington News:

In previous articles, I reviewed both the positives and negatives of using life insurance as an investment vehicle. This time, I would like to discuss what life insurance does best as an investment, and that is, self-completion at any time while the contract is inforce.
I’m omitting [...] Continue Reading…

8th
Mar

News from Insurance News Net:
By Kate Jacobson, Sun Sentinel
Tribune Content Agency
March 06–A Lake Worth woman was arrested Tuesday after deputies said she stole $ 100,000 from her dead cousin’s life insurance payout, according to an arrest report.
Lillian Barris, 38, is accused of stealing the money after her cousin’s [...] Continue Reading…

7th
Mar

News from Motley Fool:
You can protect your loved ones with life insurance — just be careful with your beneficiaries.
Buying life insurance isn’t the most complicated task to undertake, but it might not be as simple and clear-cut as you think. For example, when it comes to your beneficiaries, there [...] Continue Reading…