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Archive for July, 2011

Health insurance quotes

Posted by admin on July 30, 2011


The cost of health insurance can vary greatly. There are many health insurance company’s and many options within those companies. The best way to compare rate is to get health insurance quotes from several companies and analyze the benefits and cost. There are several ways to get health insurance quotes. You can call insurance companies and have them send health insurance quotes for all of their different plans directly to you via email. You may also get a health insurance quote from your employer. There are also many helpful sites available on the Internet. Insurance companies generally have websites that will at least provide some general information for you to consider. There are even some companies that will give you health insurance quotes side by side for comparative purposes. They may have a list of health insurance companies and their options on a spreadsheet that is easily readable. However, although it may seem like all of the work has been done for you, call those companies and check to be sure that those rates listed are current.
If you are calling companies to get a health insurance quote, be sure that you are aware of the type of plan that you want. Think about the options that are important to you and discuss that with the company representative. Some options can have a huge impact on price at one company, while it may not effect the price at another company. It is important that you are honest about your medical needs so that you can get an appropriate and accurate health insurance quote. If your employer provides health insurance, you may want to get a health insurance quote from them as well. By having all of this information in front of you, you may find that a health insurance quote from a company other than the one your employer uses, is a better value for you and your family. Also, this information may help you get a better deal from the health insurance company that you choose because as an informed consumer, you are aware of what a realistic health insurance quote would be.

There are also many websites available online that are set up to help you find the most affordable health care. Each insurance company will have their own website set up to provide general information regarding the plans they have available. They may not list the prices online, but the site can help you research the different plans that they have available. It is a good idea to check websites and blogs posted by consumers to check their satisfaction level with their health insurance coverage. A particular health insurance quote may seem too good to be true and information provided by other consumers sometimes fill in the gaps of information you have available.
Comparing health insurance quotes is a good way to save money. You can compare health insurance company’s and their options, while checking to see which one has the best value for the money.

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When you should not buy Life Insurance

Posted by admin on July 29, 2011


Understanding Life Insurance
“Life insurance or life assurance is a contract between the policy owner and the insurer, where the insurer agrees to pay a designated beneficiary a sum of money upon the occurrence of the insured individual’s or individuals’ death or other event, such as terminal illness or critical illness. In return, the policy owner agrees to pay a stipulated amount called a premium at regular intervals or in lump sums” – life insurance as defined by Wikipedia.
Thus life insurance is an arrangement between the policy holder and the insurance company to pay the beneficiaries of the policy holder the sum assured (under the policy) in the policy holder dies. Let’s understand an apparently logical reason for life insurance. Mr. XYZ (in his mid 30’s) wants to secure his family’s (wife and two children – one in his early teens and the other in the primary school) financial interests for a sum of Rs. 5 crores today (there are scientific methods available to help determine the exact coverage needed, the same are not covered in this article). He believes that if this amount is made available to his family on his untimely death today, they would be financially well-off to meet their needs as well as luxuries in the coming time. Now, although XYZ earns a handsome salary of Rs. 20 lakhs p.a., he doesn’t have 5 crores in his kitty ready for the disaster management. Taking into account his investments and bank balances, he is worth approximately 50 lakhs. That means his family now is only at 10% of the ‘Safety Net’ set up by him.
At a savings rate of approximately 7.5 lakhs p.a. (with an average investment growth rate of approximately 10% p.a.), XYZ would do well to cover up this gap over the next 20 years for his family. But can he afford to wait for so long?
Obviously not – death doesn’t come with a fore-warning! So, how does he fill the gap of the rest 90%? Well, that’s what the insurance companies are looking for? These companies are willing to fill the vacuum of ‘90%’ in return for a small yearly premium payable for an equal number of years for which he wants to protect his family. So, the solution is to buy a life insurance cover worth Rs. 5 crores (availability of the cover subject to the underwriting requirements) for the next 20 years or even a higher term. This story seems true for most of the cases till here, but what about the subsequent years?
Decreasing pattern to follow with a higher initial cover
Increment in salary, tax-savings or a new addition in the family are just some of the excuses for XYZ to increase his life cover anytime during the next 20 years. One aspect ignored by people adopting the same approach as XYZ is the increase in the investment base over the following years. Accordingly, with an increase in the same, the gap between the safety level set and the current net worth of XYZ keeps moving down. This should trigger a decrease in the life cover in the subsequent years, practically however the reverse holds true in most of the cases. Keeping this in account, there certainly comes a stage in one’s financial life, where no or at least lesser insurance is actually required. But a decrease in life coverage is no where covered in one’s risk management plan.
The exact stage when a person touches his safety net (while he is alive) may vary between individuals depending upon their career advancement and the growth in their investments. So before opting for a life insurance cover, it is imperative for every individual to carefully evaluate their position in relation to their Safety Net. The need for life insurance is inversely proportional to one’s proximity to the ‘Safety Net’. In other words, the lower your achievement level of the ‘Safety Net’, the higher is the need for life insurance.
Other Factors for consideration
The’Safety Net’approach is just one of the factors for evaluating the need for life insurance or otherwise. Some other equally important factors that are to be weighed for avoiding life insurance are:
i.Incompetent policies available
It may not be always possible to match a perfect insurance policy for every risk that an individual may be exposed to. The need for life insurance too has many root factors – dependent family, loan liability, estate planning and so on. Not all insurance companies are equipped to provide consumers with the life
insurance policies they actually require. The recent surge in the number of insurance companies can be attributed to the vast market potential and the low insurance penetration ratio in Indian markets. Consequently, every company that enters the market tries to introduce similar products in the market that have precedents of being easily accepted and sold in the market. Factors adding to the need for insurance are dynamic and continuously evolving but the available products are not.
ii.Looking forward to a convenient investment option
Yes, convenience in paying premiums has often been observed as a common reason for people buying insurance policies while building their investment corpus.
However, they forget that there is a plethora of other investment options available, which also offer convenience. It would make prudent sense for an investor to look forward to investments that offer life insurance in addition to the investment value rather than hunting for policies that offer an investment option in addition to providing life cover.
iii.At the early stages of your career
If you are one of those fortunate ones, whose parents have been prudent in their financial planning, thereby not adding the burden of their responsibility on your shoulders…then it makes sense to stay away from life insurance at this stage. Enough research results are available to demonstrate that even the simplest of investments have the potential to deliver higher average returns over a long-term than life insurance policies.
The early start or the low-age benefit lost by delaying the life coverage to a higher age can be more than compensated for by some prudent investments made during the same period.
Some disadvantages of buying life insurance
At this stage, it also makes sense to peek at some of the perceived disadvantages in buying life insurance:
a.Inadequate coverage for disability
No doubt, policies payout lump-sum amounts on the death of the life assured, but these policies are not the perfect hedge for disabilities during your life-time. Even if the disability riders are added to life covers, they always come with a cap on the maximum that can be paid out in case of disabilities.
b.Withdrawal options
Some life insurance policies with a cash value component let you withdraw your money after a certain period of time, but come with loads of clauses to be noted by the policyholder. So, only if you are prepared for a long lock-in and are ready to wait for the entire term to reap the benefits of the policy, look forward to a life insurance policy.
c.Refusal to pay the death benefit
Life insurance contracts thrive on the fiduciary responsibility of the life insured. On the same grounds, the much coveted ‘Safety Net’ may be deprived for the family by the insurance company on the grounds of omission of an important piece of information in the insurance application form. Unfortunately, very little can be done at this stage, against the company by the family. This only acts as an added factor to the family’s woes.
There are no two opinions that the advantages of life insurance outnumber the disadvantages, thereby making this aspect of risk financing inevitable for the masses. But let your need determine whether you need to fall for this financial wonder!

Posted in Life Insurance Quotes | Tagged: , , , | 2 Comments »

Life Insurance and Term Life Insurance Quotes for Whole Family

Posted by admin on July 28, 2011


Need advice on life insurance, don’t hesitate on contacting us. Go online and get a quote to see how cheap your life insurance could be. When buying life insurance you should get the help of your family. You can be sure you are getting fast, accurate life insurance quotes information with us.
Of course, you only want to include those who really matter and can help you with this process. What type of life insurance should I buy? Which company is the best of the best? These are questions that you need to answer. If you ask them of yourself you should be able to buy the right life insurance without delay. These are the key questions that will determine the success you have.
Whole Life insurance remains in force during the entire lifetime of the policyholder and offers a guaranteed death benefit as well as a guaranteed cash value. Universal Life insurance is a flexible policy that combines a death benefit with a cash value accumulation component. Variable Life insurance combines a death benefit with cash value accumulation that can be allocated to a wide variety of investment options. Term Life insurance offers financial protection for a specified period of time, known as the term. Term policies typically provide coverage for 10, 15, 20 or 30 years, or until a specific age (for example, 65).
Know the truth about life insurance before you buy. Don’t trust the advice of the average insurance agent. Life insurance quotes and term life insurance quotes available online.
Life Insurance
Online Life Insurance
“Life insurance”. The term promises to provide a helping hand in case of unexpected miseries. Life insurance companies have been cropping up everywhere.
Mediclaims have become a compulsory salary component in corporate. Life insurance has almost become indispensable. It has become necessary to insure everything from car to home. Insurance comes in various packages. There are various insurance schemes which promise to pay when unexpected events turn out.
Our Life insurance website provides information on various insurance schemes. It throws light on various insurance schemes. The website opens up with a quote finder box that gets the whole life insurance quotes.
Whole life insurance protects the individuals and beneficiaries till death. The premiums are to be paid regularly and the premium amount generally remains the same, or level and a part of money from the premium are invested. The next information is about “TERM LIFE INSURANCE” .
This covers the insurance for a length of time. The length may be 20 or 30 years. The website provides good detail of variable life insurance quotes which allows investment from premium amount even in stocks whose dividends can further be used with insurance to increase its payout benefit to beneficiaries.
Universal Life insurance allows placing the premium amount into a conservative investment. The insurance company chooses the investment while the individual decides the amount above the premium that goes to the investment. The website provides quote for the universal life insurance.
Investing In Life Insurance
Free life insurance quotes gets quotes from companies from its database of licensed life insurance companies. Our Life insurance website also gives you multiple life insurance quotes.
The where to buy tab guides the user regarding the life insurance decision, finding term life insurance quotes, ways for better insurance, reasons for a life insurance etc.The how to save section provides detailed illustration of life insurance’s purpose, buying it, consideration factors.
It takes the reader through a set of articles making them think before they take insurance. The article” secret to find affordable life insurance” educates the reader of finding the proper life insurance. The other tab includes “how to choose” information. This contains articles like term life insurance benefits, choosing the right insurance; etc.This section provides good information on the benefits of the policies. The articles are clear and concise thus reaching the target customers.
The free quote option is user friendly thus guiding the user to find the right insurance policy by just entering the zip code. Once the zip code is entered a form appears prompting the user to enter the coverage amount year details, gender, height/weight, address details. Once all these details are successfully entered the comparison details of various insurance companies is shown.
Thus the customer finds it easy for comparing life insurance quotes of various companies. The website also has a Google enhanced tool box. The site also list latest articles about insurances. The site is well designed and maintained.
It guides customers in learning the importance of life insurances, and choosing the right one. No doubt that its well maintained database has proved efficient to compare the quotes of insurance companies.

Posted in Life Insurance Quotes | Tagged: , , , | 2 Comments »

Be Wise, Shop for Good Auto Insurance for Less

Posted by admin on July 27, 2011


We are building a comprehensive knowledge data to help educate out customers on car insurance.

Shopping for car insurance coverage may seem like shopping for other product. However, this couldn’t be far from the truth. There are too many things driver should know before opting for coverage which introduces a lot of jargon that deters most customers from getting into the details and letting and car insurance agent deal with the matter. Although this may seem the easier option, one could end up with surprises at the moment where they really should have know what was in the policy when they signed in the dotted line. This is where we come in. We aim to make shopping for auto insurance quotes online as easy as possible. We have a range of useful information to help choose the car coverage you need at the price you can afford. We have also teamed up with the best insurance companies in the country to help choose from up to 8 quotes in one single page!

If you happen to drive an antique or classic car, you can compare quotes from a range of classic car insurance companies using a single form and decide on the best coverage for your vehicle.

Not Sure what Policy is Best for you?
Browse through our information center to find what you need before purchasing auto insurance or additional options for your choice. If there is anything we could do to help, please use the contact us button from the menu to get in touch with an insurance specialist in our team.There is no obligation to buy and you may also obtain an anonymous auto insurance quotes online without providing personal information.

If you have purchase a new car and looking for GAP insurance, find out if it’s worth it.

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Understanding Georgia Homeowners Insurance Coverages

Posted by admin on July 26, 2011


What is in a standard homeowners insurance policy?
A standard homeowners insurance policy includes four essential types of coverage. They include:
Coverage for the structure of your home.
Coverage for your personal belongings.
Liability protection.
Additional living expenses in the event you are temporarily unable to live in your home because of a fire or other insured disaster.
1. The structure of your house
This part of your policy pays to repair or rebuild your home if it is damaged or destroyed by fire, hurricane, hail, lightning or other disaster listed in your policy. It will not pay for damage caused by a flood, earthquake or routine wear and tear. When purchasing coverage for the structure of your home, it is important to buy enough to rebuild your home.
Most standard policies also cover structures that are detached from your home such as a garage, tool shed or gazebo. Generally, these structures are covered for about 10% of the amount of insurance you have on the structure of your home. If you need more coverage, talk to your insurance agent about purchasing more insurance.
2. Your personal belongings
Your furniture, clothes, sports equipment and other personal items are covered if they are stolen or destroyed by fire, hurricane or other insured disaster.
Most companies provide coverage for 50% to 70% of the amount of insurance you have on the structure of your home. So if you have $100,000 worth of insurance on the structure of your home, you would have between $50,000 to $70,000 worth of coverage for your belongings. The best way to determine if this is enough coverage is to conduct a home inventory.
This part of your policy includes off-premises coverage. This means that your belongings are covered anywhere in the world, unless you have decided against off-premises coverage. Some companies limit the amount to 10% of the amount of insurance you have for your possessions. You have up to $500 of coverage for unauthorized use of your credit cards.
Expensive items like jewelry, furs and silverware are covered, but there are usually dollar limits if they are stolen. Generally, you are covered for between $1,000 to $2,000 for all of your jewelry and furs. To insure these items to their full value, purchase a special personal property endorsement or floater and insure the item for it’s appraised value. Coverage includes “accidental disappearance,” meaning coverage if you simply lose that item. And there is no deductible.
Trees, plants and shrubs are also covered under standard homeowners insurance. Generally you are covered for 5% of the insurance on the house—up to about $500 per item. Perils covered are theft, fire, lightning, explosion, vandalism, riot and even falling aircraft. They are not covered for damage by wind or disease.
Liability protection
Liability covers you against lawsuits for bodily injury or property damage that you or family members cause to other people. It also pays for damage caused by your pets. So, if your son, daughter or dog accidentally ruins your neighbor’s expensive rug, you are covered. However, if they destroy your rug, you are not covered.
The liability portion of your policy pays for both the cost of defending you in court and any court awards—up to the limit of your policy. You are also covered not just in your home, but anywhere in the world.
Liability limits generally start at about $100,000. However, experts recommend that you purchase at least $300,000 worth of protection. Some people feel more comfortable with even more coverage. You can purchase an umbrella or excess liability policy which provides broader coverage, including claims against you for libel and slander, as well as higher liability limits. Generally, umbrella policies cost between $200 to $350 for $1 million of additional liability protection.
Your policy also provides no-fault medical coverage. In the event a friend or neighbor is injured in your home, he or she can simply submit medical bills to your insurance company. This way, expenses are paid without a liability claim being filed against you. You can generally get $1,000 to $5,000 worth of this coverage. It does not, however, pay the medical bills for your family or your pet.
Additional living expenses
This pays the additional costs of living away from home if you can’t live there due to damage from a fire, storm or other insured disaster. It covers hotel bills, restaurant meals and other living expenses incurred while your home is being rebuilt. Coverage for additional living expenses differs from company to company. Many policies provide coverage for about 20% of the insurance on your house. You can increase this coverage, however, for an additional premium.
Some companies sell a policy that provides an unlimited amount of loss-of-use coverage, but for a limited amount of time.
If you rent out part of your house, this coverage also reimburses you for the rent that you would have collected from your tenant if your home had not been destroyed.

Posted in Homeowners Insurance Quotes | Tagged: , , , | 2 Comments »

Why do auto insurance premiums change

Posted by admin on July 25, 2011

premiums change for the same reasons that the price of other goods and services you buy change.
Insurance companies incur the same costs you do in buying goods and servcies, and these costs can ultimately affect your insurance premium. Costs affecting the ultimate price of auto insurance include:
.Medical costs to treat injuries
.Auto repair costs
.Costs to adjust claims
.Inflation
.Uninsured drivers (your policy pays when the other driver doesn’t have an auto insurance policy if you purchase Uninsured Motorist coverage)
Although insurance companies can’t directly control these costs, we regularly monitor them to see how they are affecting the costs of the claims we pay. As they change, auto premiums must be adjusted. These costs can affect your auto insurance premium whether or not you individually have had an accident or claim.
Changes you make to your auto insurance policy or coverage may also change the premiums. Adding or removing a driver, buying a new car, moving to a new location or changing how you use your car may influence the cost of your auto insurance.

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USA Insurance Industry

Posted by admin on July 25, 2011


Health Insurance In USA
Health Insurance Informations in USA are as follows.
Permanent Coverage: Unlike employer-provided health insurance that terminates when the person change jobs, the person and members of the family can keep the individual or family policy for as long as the person choose to pay the premium.
Sickness Protection: In many states, individual or family health insurance policies generally cannot be cancelled or premiums substantially increased because of illness or claims history. This is why is it important for you to get health insurance coverage, now, before you or a family member develop an expensive medical condition.
Financial Protection: Unforeseen health expenses are the single largest reason U.S. families file bankruptcy. More than 1 million each year face such types of problems. Everyone should have health insurance to avoid having a medical problem become a financial catastrophe.
Accidents: Even healthy people can be involved in an accident, or contract an illness.
Saving Money : For healthy individuals or families, policies are typically less expensive than participating in a group plan from your employer.
Spouse/Dependents: Even if you receive free health insurance at work, it may be less expensive to get your dependents their own policy rather than let them participate in the group plan from your employer.
New Tax Advantages: Self-employed individuals are now allowed to deduct 100% of the premium for individual/family health insurance from their taxable income.
Recent Study On Health Insurance
A recent study states that for the first time the dollar impact on private health insurance premiums when doctors and hospitals provide health care to uninsured people. In 2005, premium costs for family health insurance coverage provided by private employers will include an extra $922 in premiums due to the cost of care for the uninsured.Premiums for individual coverage will cost an extra $341.
Nearly 48 million Americans will be uninsured for the entire year in 2005. What happens when some of these 48 million Americans get sick? Research has shown that the uninsured often put off getting care for health problems or forgo care altogether. When the symptoms can no longer be ignored, the uninsured do see doctors and go to hospitals. Without insurance to pay the tab, the uninsured struggle to pay as much as they can. More than one-third (35 percent) of the total cost of health care services provided to people without health insurance is paid out-of-pocket by the uninsured themselves.
Auto Insurance In USA
Auto Insurance in US follows the points as given below.
Liability coverage insures you against the cost of injury and damage you cause to another in an automobile accident. It is made up of two policies like bodily injury liability and property damage liability. Auto liability insurance is required in virtually every state. Auto insurance regulations vary greatly from state to state depending upon the place of living, purchasing types and coverage.
Bodily Injury Coverage is the part of liability coverage that insures you against the injury you cause to others in an auto accident. It consists of two figures. One limits the cost of injury coverage per person injured, and the second limits the total dollar amount of injury coverage (for everyone injured.)
This is a very important policy.
Property damage coverage is the part of liability coverage that insures you against the cost of damage to another’s property caused by you in an automobile accident. Here “Property” includes other cars, houses, fences, telephone poles, etc.
Medical payment coverage pays the medical bills of the covered driver, family members, and passengers when injured in an accident, regardless of who was at fault. This coverage is required in some states, but not in others Personal Injury Protection (PIP) is similar to medical payments coverage, only it usually covers a broader range of events, including medical bills, lost wages, loss of services, etc.
Uninsured Motorist Coverage policy covers the cost of injury or damage caused by another driver who is not insured. It covers the policy holder, authorized drivers, and any passengers. It usually consists of separate limits for bodily injury and property damage. This policy is required in some states.
Collision Coverage policy helps to pay for repairs or fair market replacement cost if your car is damaged in an accident caused by you or an authorized driver. This policy is always optional.
Comprehensive Coverage policy covers the cost of repairs to or replacement of your vehicle should it be stolen, vandalized, struck in a hit-and-run, or damaged by an “act of God.” Covered events vary from policy to policy but usually include fire, flood, and falling objects. This policy is always optional.

Travel Insurance In USA
Medical care is excellent in most parts of the US, but it can be very expensive and even astronomical for cases of critical illness. Many travelers purchase supplementary international medical insurance or travel insurance to avoid the staggering costs that might result from serious sickness or injury on trips.
Travel insurance takes the shape of following types.
Many people are familiar with flight accident insurance, which pays a large sum of money if you are killed or seriously injured in an air accident. This type of insurance policy normally does not cover any medical expenses resulting from illness or other types of accidents while traveling.
Travel agencies frequently offer travel protection plans or trip cancellation insurance. These usually cover the cost of travel expenses should you be forced to cancel your vacation due to accident, illness or certain other causes. They often cover travel assistance services, protection for lost or damaged baggage and limited medical coverage. There may or may not be a deductible or co-pay for covered medical expenses.

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Group Dental Insurance Plans in Texas

Posted by admin on July 23, 2011


A frequently overlooked reason for employee absences or poor work performance is dental disease or discomfort. And as every human resources professional knows, days lost can mean money lost. In addition to promoting oral health, a quality dental benefits plan can aid in the recruitment and retention of employees. Dental benefits are consistently cited as one of the most sought after employee benefits.
Ask yourself the following questions before selecting a new dental insurance plan:
1.Will employees retain the freedom to choose their own dentists?
2.Is the type of treatment determined by the patient and the dentist?
3.Does the plan cover diagnostic, preventive and emergency services? Will it cover preventive services such as sealants and fluoride treatments, which may save patients money in the future? Will it provide for full-mouth x-rays?
4.What type of routine dental care is covered? Does the plan cover crowns and bridges, braces, root canals, oral surgery and treatment of periodontal diseases?
5.What major dental care is covered? Does the plan cover dentures, implants or treatment for TMJ disorders?
6.Will the plan allow for referrals to specialists? If so, will the dentist be limited to a list of specialists from which to choose?
7.How does the plan provide for emergency treatment? What provisions are made for emergency care when you are away from home?
There are numerous models of dental plans. In general, they can be divided into two categories: fee-for-service and managed care.
Fee-for-Service Dental Insurance Plans are typically freedom-of-choice arrangements under which a dentist is paid for each service rendered according to the fees established by the dentist.
Managed Care Dental Insurance Plans are cost containment systems that direct the utilization of health care by a) restricting the type, level and frequency of treatment; b) limiting the access to care; and c) controlling the level of reimbursement for services.

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Free Auto Insurance Promotion is Legal, State Regulators Say

Posted by admin on July 22, 2011


Regulators in Washington and Oregon say they have received complaints from independent agents about a controversial sales promotion that equips General Motors vehicles with a new standard feature: A year’s worth of free coverage.
“It’s not a groundswell, but folks are clearly concerned about it,” Rich Roesler, a spokesman for the Washington State Office of the Insurance Commissioner, said in a telephone interview Wednesday.
Officials in both states said they have analyzed the terms of the promotion—under which Pacific Northwest residents who buy a new GM through Sept. 6 are automatically covered by an annual MetLife Auto & Home policy—and found everything to be completely legal.
Under the trial offer, consumers can buy a GM truck, car or crossover and be covered before they drive off the lot. There are no agents involved in the process, and buyers are advised to contact MetLife with any policy questions.
Officials with GM and MetLife say the free policies are a good deal for car buyers, who do not have to seek out car insurance recommendations or spend time looking for policies.
But the offer has been by criticized independent agents’ associations, which say that it provides consumers with inadequate policy advice and removes their members from the buying process.
The groups have raised numerous questions about the offer, including how no-cost coverage would affect people who have existing “umbrella” policies from other providers that cover multiple cars and their homes.
Cece Newell, a property and casualty technician with Oregon’s insurance division, said she has gotten a half-dozen calls from individual agents and last week responded in writing to a series of detailed questions submitted by the Independent Insurance Agents and Brokers of Oregon.
Newell said she understands the concerns about the GM/MetLife incentive.
“If you think like an insurance agent, this steps out of the norm and it’s very hard to see how it could possibly be OK,” she said in a phone interview.
Roesler estimated that his office has fielded complaints from as many as 20 agents about the sales promotion. He said the deal will be discussed at the fall meeting of an advisory committee that includes coverage providers, he said.
One contentious part of the offer has been the absence of the use of standard underwriting criteria, such as driving record, age and gender. Met Life officials have said that they are not reviewing that information prior to issuing policies.
But Roesler said those criteria are being taken into account in Washington, and GM will have to pay the difference in premiums for any drivers with spotty records.
“If the buyer is a poor risk, then GM will pay more for that coverage,” he said.
For policies issued to Oregon residents through the program, the average annual premium is set to be $1,178, according to the rate filing MetLife submitted to regulators.

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What is Life insurance?

Posted by admin on July 21, 2011


At Farmers®, we know it’s difficult to imagine a time when you won’t be there to help provide for your family. That’s why Farmers has developed a suite of Life insurance products* designed to help answer your Life insurance requirements, at any stage of life. Whether you’re a new family, empty nester, business owner, or single parent, Farmers has a Life insurance option to suit your needs and budget. For a personalized assessment of your Life insurance coverage needs, including customized Term Life insurance quotes, contact a Farmers agent.
Protecting Your Family:
By preparing in advance, you’ll have the peace of mind that comes from knowing you’re protecting your family’s financial future. And since Life insurance benefits are generally not taxable at the federal level**, your loved ones can use the benefits to help take care of their living expenses in a variety of ways.
Any needs after the time of death, such as final illness expenses, burial costs and estate taxes.
Funds for a readjustment period, to finance a move, or to provide time for family members to find a job.
Ongoing financial needs, such as monthly bills and expenses, daycare costs, college tuition or retirement.
Safeguarding Your Business
If you’re a business owner or have business partners, it’s important to prepare for the unexpected. Farmers offers several Life insurance products that are designed to help you, as a business owner, to make it possible for your heirs to help pay estate taxes and help sustain the business during a change in management, or to help provide funds in order to execute a buy-sell agreement between partners or stockholders.**
Contact a Farmers agent to learn more about how Life insurance can benefit you and your loved ones or beneficiaries.
Products and features may not be available in all states and may vary by state.
*Life insurance issued by Farmers New World Life Insurance Company, Mercer Island, WA 98040
**This document is for informational purposes only. You should consult your attorney, accountant, or tax advisor for legal or tax advice.

Posted in Life Insurance Quotes | Tagged: , , | 2 Comments »