Feature Review Articles on Insurance Buying Tips


No two insurance companies are alike.  They all have a differing rate structures and options.  The article below will help answers some of the general questions about life insurance and the various types and options.

What Are Life Insurance rates based on?

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Life insurance premiums are as individual as your fingerprint. They’re based on your “risk profile” which is measured for the most part by your: Age. The younger you are, usually the lower your price Tobacco Use — cigarettes or other … Continue reading →

Posted in Buying Life InsuranceHealth Condiions

Mortgage Insurance vs. Term Life Insurance

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The concept of buying Mortgage Insurance is tempting. And the thought of having your mortgage paid off if something happens to you is very comforting. But all mortgage insurance isn’t the same. There are two kinds, and they offer very … Continue reading →

Posted in Buying Life InsuranceFinancial Considerations

What a Difference a Few Dollars Can Make When Buying Term Life Insurance

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For pure, no-nonsense financial protection for your family most financial experts agree nothing beats Term Life Insurance. Unlike almost everything else today, Term Life Insurance rates at many good companies have actually decreased from several years ago. So if you … Continue reading →

Posted in Financial Considerations

Can my Life Insurance rate be lowered after I have a policy?

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Let’s say you were overweight when you first bought Life Insurance, or you smoked, but you’ve quit for more than a year. If you have resolved any health issue that pushed you into a more expensive Life Insurance rating group, … Continue reading →

News for June

Mass. to get $3.4M from AIG workers comp deal Thursday,

June 21, 2012

BOSTON– Massachusetts officials say the state will receive $3.4 million as its share of a 50- state settlement with the American Insurance Group Inc. and its affiliates. Massachusetts insurance commissioner Joseph Murphy said on Thursday that the Bay State was among those that led the investigation of AIG’s practices. Murphy said Massachusetts’ share of…http://insurancenewsnet.com/article.aspx?id=346966&type=newswires

Kansas receives $560K from settlement with AIGThursday,

June 21, 2012

AMTOPEKA, Kan.– Kansas has received more than $560,000 from a multistate settlement with insurance company American International Group Inc.. Kansas Insurance Commissioner Sandy Praeger said Wednesday the money has been deposited and will be used to support general government programs. AIG agreed to pay a $100 million penalty plus $47 million in taxes and…http://insurancenewsnet.com/article.aspx?id=346965&type=newswires

Guardian Life: Recruitment of New Financial Representatives up 18% Through MayThursday,

June 21, 2012

The Guardian Life Insurance Company of America today announced that it has hired 341 financial representatives through May 2012, an 18% increase over the same period a year ago, putting the company well on track to reach its goal of recruiting 840 new financial representatives by year-end. “As the economy continues to experience uncertainty, Americans appear…http://insurancenewsnet.com/article.aspx?id=346948&type=newswires


June 21, 2012

SelectQuote Auto & Home Insurance Services, we’re bringing our heritage of excellence to the Auto and Home Insurance market – and doing everything in our power to save you time and money.

Four Reasons To Buy Your Auto And Home Insurance Through SelectQuote Auto & Home Insurance Services
  • 1. Savings. We comparison shop the highly-rated Auto and Home Insurance companies we represent to give you an impartial choice of their best prices for you.
  • 2. Expertise. Each of our agents is a licensed Auto and Home Insurance professional dedicated to saving you time and money. By taking your individual needs into account, your personal SelectQuote Auto & Home agent will ensure that your quote will be as accurate as possible – and go to bat for you every step of the way.
  • 3. Choice. In the same time that it takes a traditional agent to get a quote from just one insurance carrier, we will present you with multiple rates and coverage options from a variety of carriers – enabling you to become a more informed buyer. Every company we represent is rated A- to A+ by A.M. Best.*
  • 4. Convenience. No salesperson ever comes to your home. You get the kind of personal attention you’d expect from a local agent at your convenience – right over the phone.

Tops Stories May 31st

LIMRA: WL Drives Life Insurance Up 3% in 1Q

WINDSOR, Conn., May 29, 2012 —Total individual life insurance premium grew three percent in the first quarter of 2012 compared to prior year. Overall policy count rose five percent in the first quarter of 2012.

“The biggest driver behind both total premium and policy count growth continues to be whole life,” said Ashley Durham, senior analyst, LIMRA product research.  http://insurancenewsnet.com/article.aspx?id=344186&type=topnews

Seniors Growing Old Under Mounting Debt

Baby boomers and other older Americans are drowning in debt, say credit counselors, elder law attorneys and economists.

From 1992 to 2007, the percentage of households of people in their mid-50s and older with housing and consumer debt rose from 53.8 percent to 63 percent, according to the Washington-based Employee Benefit Research Institute’s research using government data. The problem is even more acute for those 55 to 64, with 81.7 percent carrying debt.  http://insurancenewsnet.com/article.aspx?id=343933&type=topnews

Why Indexed Annuities Keep Charging Ahead

In the first quarter, indexed annuities topped the charts in sales growth among all annuity lines as compared to first quarter 2011.

The sales volume still did not surpass that of more traditional annuity products, such as variable annuities and fixed deferred annuities, but in terms of salesgrowth, the products were definitely the leader of the pack, and by a substantial margin.

One answer has to do with guaranteed living benefits — the features were a big part of fixed indexed annuity sales in the first quarter.  http://insurancenewsnet.com/article.aspx?id=343539&type=topnews

ACA Ruling Will Affect Millions

May 29–If health reform is struck down, many worry that a serious medical incident could drain families savings.

Audrey Joyce and her family will lose health insurance coverage at the end of June, the same month the Supreme Court is expected to issue a landmark decision on the constitutionality of the Patient Protection and Affordable Care Act.  http://insurancenewsnet.com/article.aspx?id=344160&type=topnews

Insurance News for May 22

Prudential Finds Employer-Sponsored Return to Work Programs

‎Prudential Finds Employer-Sponsored Return to Work Programs Reduce Costs and Boost Productivity. The economic climate of the last few years has compelled employers to do more with less in all areas of their business. Having and keeping experienced, productive workers on the job is key to meeting this challenge. A new report issued by Prudential Financial, Inc. (NYSE: PRU), shows that by providing the right kinds of support to employees, extended disability absences can be shortened.  Select article link to read more.

Deloitte Survey: Life Insurance Providers Could Benefit by Increasing Outreach and Education

A prime reason many uninsured individuals don’t have insurance coverage is that no carrier has invited them to purchase their products, according to a Deloitte survey of life insurance buyers.  Select article link to read more.

According to a release, even insured individuals who are open to buying additional coverage often say that they have not been solicited by carriers. Select article link to read more.

Consumers Eager For Life Insurance Coverage

Uninsured individuals do not have insurance coverage because no one had offered to sell them a policy, according to a new survey that explored life insurance buyers and non-buyers’ beliefs, motivations, influences, priorities and preferences.

Deloitte’s “The Voice of the Life Insurance Consumer” study found that 62 percent of non-buyers had not received an unsolicited offer to buy life insurance in the past year compared to 44 percent of buyers. Another 30 percent said their employer does not offer life insurance as a benefit while 46 percent of buyers compared to 66 percent of those currently uninsured said they had not looked for life insurance on their own initiative.  Select article link to read more.

Brian Dunham Appointed Chief Actuary for Liberty Mutual Insurance’s Group Benefits Unit

Liberty Mutual Insurance has appointed Brian Dunham as senior vice president and chief actuary of its Group Benefits operation.

In this role, Mr. Dunham manages the actuarial function for the business unit that provides group disability and life insurance, and leave administration services, to middle market and national accounts through brokers and consultants.  Select article link to read more.

Reviews and News for May 15th

PGI Acquires N.Y.-Based Program Administrator American Altair Group

PGI Commercial, the U.S. program manager of Bermuda-based insurance distributor Primary Group, has acquired the assets American Altair Group. American Altair Group (AAG), based in Hauppauge, N.Y., is a full-service program administrator that specializes in commercial real estate risks.

Ark. Farm Bureau Ratings Lowered; Louisiana Farm Bureau Affirmed

A.M. Best Co. has downgraded the financial strength rating to B++ (Good) from A- (Excellent) and issuer credit rating to “bbb” from “a-” of Farm Bureau Mutual Insurance Co. of Arkansas Inc. (Arkansas Farm Bureau) in Little Rock, Ark.

MetLife to Buy Georgia Golf Community

An agreement has been announced for the sale of posh golf community Reynolds Plantation in Greensboro, Georgia. The Atlanta Journal-Constitution reported that New York-based insurance and financial services giant MetLife said its agreement includes six golf courses, and  four marinas.


USI Insurance Services Acquires Assets of National Insurance Specialists

USI Insurance Services announced it has closed on the acquisition of certain assets of Toledo, Ohio-based National Insurance Specialists (NIS). The acquisition is expected to contribute approximately $1.6 million in revenues to USI on an annual basis. Terms of the …

Nationwide Mutual Completes Harleysville Merger

Nationwide Mutual Insurance Co. said that the company completed its previously announced $834 million merger deal with Harleysville Mutual Insurance Co. The deal was first announced in September 2011. Nationwide Mutual policyholders voted to approve the merger on April 9, …