| |
| |
|
|
Insurance Information |
|
Millions of Americans have No Life Insurance
Only 61% of adult Americans have life insurance (down from 70% in 1984). Only 41% of adult Americans have individual life insurance, many rely on group insurance leaving them vulnerable if they lose their job. The average life insurance needed, based on calculations recommended by the U.S. Government for victims of 9/11, is $459,000...The average insurance coverage owned is $126,000. Almost half the population would be inadequately prepared if the primary breadwinner would die tomorrow. Some 45% of widows and 37% of widowers say their spouse was inadequately insured. Within two years after death, 50% of the widows and 33% of the widowers are "just getting by" financially. In the last two years, 11% of America households shopped for life insurance only 8% bought - about 890,000 households out of 111 Million. Visit us @ www.pricequoteonline.com Most Americans don't recognize their need for life insurance coverage, only 29% felt they needed more. 30% of middle-market consumers (household income between $25,000-$85,000) find it difficult to determine how much life insurance to buy; 45% never had a Needs Analysis done. Agents and brokers are seen as the most useful source of information when buying life insurance - more so than the internet, books and magazines, or TV and radio programs. Facts from LIMRA International for LIAM, August 2004 Special Edition Ramone Petite
MORE RESOURCES:
Insurance - Google News |
|
|
|
RELATED ARTICLES
Guide to Life Insurance Terms Listed below is a useful guide to life insurance terms. It is a list of definitions of life insurance terms that may or may not be familiar to you. Keys To Controlling The Future of Health Care Several key changes are necessary to get control of the costs associated with the run away health care system in the United States.Here are just a few suggestions:1) Cost information about medical procedures and cost comparisons to alternative treatments need to be more easily available so that consumers can make better educated health care choices. Health and Dental Insurance Quotes - Applying Online Since 2001, large health and dental insurance companies such as BlueCross and GE Financial have offered health insurance online. As a result, individuals and small business owners have more options when purchasing insurance. Why Should I Go To A Life Insurance Broker? A life insurance broker is a dedicated person that encourages and listens to the needs and wants of a person looking for life insurance. It doesn't matter what type of life insurance you are looking for, whole or term life. Student Health Insurance - Is It Necessary? As a young, healthy college student, it might be tempting to forgo the expense of health insurance. After all, you're young, you're careful and you're not sick. Car Insurance Online - Benefits of Applying for Auto Insurance Online Drivers are applying for auto insurance online not just for the convenience of comparing quotes, but also to find the best insurance rate. The benefits also include discovering new discounts and not being locked into a long term relationship with an insurance company. Saving on Auto Insurance: The Road to Reduction The road to saving on auto insurance is something that every consumer travels at one time or another. And the quest is really not as difficult as it may appear. What Do You Mean My Auto Insurance Policy Doesnt Cover This!! Auto insurance is an agreement between you and your insurance company where you arrange to pay a premium in an exchange for the peace of mind that your insurance agency will pay for vehicle related financial losses during the duration of the policy. You need auto insurance because you are liable by law to pay for losses you cause to others in the event of an automobile accident. Consequences of Late Insurance Payments Did you realize that it could cost you more than a late fee when you make your insurance payments late? That's right, not only will you incur a late fee in most cases but also you are jeopardizing your current coverage and possibly your future rates.Let's consider what is probably the worst-case consequence of making late insurance payments. Disaster Decision - Do You Need Insurance? The expenses involved with owning a home can be overwhelming at times - routine maintenance, repairs, seasonal preparations, improvements. Not to mention taxes, fees, and all those monthly bills. Japanese Overseas Travel Insurance If you are an expatriate planning on long-term residence in Japan you can, after a one-year stay, become a part of Japan's national health program. Until that time, however, you're going to need Japanese overseas travel insurance. Seven Steps to Filing Your Car Insurance Claim Having even a teeny-tiny car accident can be one of life's least enjoyable moments. However, accidents happen, and sooner or later, we all have the experience of meeting one of our fellow road travelers up close and personal. Auto Insurance In Texas If you are looking for auto insurance in texas, you might want to check out golden rule insurance company who offers cheap auto insurance online. Of course there are plenty of other companies that also offer affordable rates, but first you should understand Texas auto insurance requirements. Cheap Car Insurance - 7 Tips To Reduce Your Car Insurance Costs With the cost of car insurance becoming more and more of an issue for the average American family, there are increasing numbers of people looking for cheap car insurance. But although it is possible to find cheap car insurance, the question remains, is it worth buying?Everyone knows that car insurance companies are not all equal. An Annuities Primer Though popular among today's aging Baby Boomers and members of the Mature or "Senior" markets, annuities can be traced back to ancient Greece. The term "annuity" comes from the Greek word "annus"-or "year"-and refers to annual income payments. Insurance for Those Who Run Bed and Breakfast Properties A Bed and Breakfast, often referred to as a B&B, is a private residence with several rooms of which are set aside for overnight guests whose paid accommodations include breakfast. Modern Bed and Breakfast often consciously tries to recall earlier days - they are generally established in charming older houses which have been refurbished and adorned with antique furniture. Converting An Unwanted Life Insurance Policy Into Ca$h Do You Own A Life Insurance Policy That You No longer Need or Want? It is possible that you may be able to can get a CASH settlement in excess of the current cash surrender value by selling your policy in the secondary market to an investor.Reasons To "Sell" A Policy:Family Situations Bankruptcy Estate Reduction Estate Tax Revision Business Was Sold 1035 Exchange Drain On Income Divorce - Separation Death of A Spouse Retirement Declining Health Non-Performing Policy Wealth Planning Work Related ChangesQualifying Types Of Life Insurance:Group Whole Life Term (Convertible) Joint Universal Variable Key Man (business related)Who Is A Qualified Candidate?Mature men and women over age sixty-five years of age who have an existing life insurance policy and whose circumstances have changed since purchasing the policy originally may qualify for a purchase and sale of their policy. Internet Insurance Leads It is a fact that more and more people everyday use the Internet to get insurance coverage. The number of online customers is massive compared to "traditional" business, and it is increasing day after day. Health Savings Account (HSA): How Do I Invest It? The Health Savings Account (HSA) is an amazing tool that a lot of people have been talking about. It is meant to help you save money on insurance and make your life simpler, maybe even help you be healthier. Car Insurance Advice for Young Drivers in the UK Over the course of the last ten years, car insurance for young drivers in the UK has increased substantially.This has caused many problems for new drivers with premiums averaging £1300 for a newly qualified 17 year old male driver.
|
|||||||||||||||
