Insurance-Safe.online (2024)

29/05/2023

Reasons Wealthy Individuals Might Opt for Whole Life Insurance

Whole life insurance is a type of life insurance coverage that most people do not need. It's much more expensive than a term life insurance policy, as a term policy remains in effect only for a set period.

Whole life insurance usually isn't needed, but sometimes it could pay for wealthy people to purchase it. Here's why.

25/05/2023

What occurs with the cash value in a whole life insurance policy upon the policyholder's death?

Whole life insurance is a type of permanent life insurance. When you pay your premium, part of the money goes toward the death benefit. The rest of the money goes into a savings account, making up your policy’s cash value. This cash value grows over time, and you may be able to access this amount during your lifetime.

Whole life insurance has a cash-value component, but beneficiaries receive just the death benefit when you die. Learn which types of policies pay your beneficiaries both.

23/05/2023

Gain insight into the Q2 2023 outlook for airline insurance market renewals.

Healthy market capacity is currently keeping aviation insurance rates stable, but there is mounting pressure. Equilibrium in 2023 is likely to give way to tougher conditions in 2024.

The aviation insurance market is currently stable but it’s likely to become more challenging for the airline sector as capacity tightens.

19/05/2023

What is the typical car insurance expense for May 2023?

Do you ever get the feeling you’re paying too much for car insurance? Knowing the average cost of car insurance for your state and driving history can help answer this nagging question.

The average cost of car insurance in the U.S. is $179 per month. Here’s what you might pay by company, state, car type and more.

11/05/2023

Is Term Life Insurance Worthless if You Surpass the Policy's Duration?

Term life insurance is a popular type of life insurance policy. Unlike whole life insurance, a term life policy isn't meant to provide coverage indefinitely. Instead, the policyholder's beneficiaries are protected from financial loss for a limited time period.

Many people view term life coverage as a waste if no death benefit is paid out, but this is the wrong way to look at things.

08/05/2023

Is It Necessary to Increase Your Life Insurance Coverage in 2023?

Buying life insurance is a crucial part of financial planning. Without coverage, an untimely death could leave surviving loved ones struggling to pay basic bills or stay in a family home.

Increasing life insurance coverage could be important if life circumstances have changed. Check out this guide to decide if buying more coverage makes sense.

05/05/2023

An insurance claim is a lawful application submitted by the policyholder or nominee to the insurance company. The formal application is to demand payment of maturity, rider, or death benefits from the company after the occurrence of an incident.

Planning to invest in a child insurance policy? Check out the claim settlement process of a child plan and invest now in a child investment plan right away.

02/05/2023

A report predicts that car insurance premiums will increase by 8.4% in 2023.

As cooling inflation offers consumers much-needed relief, many car owners are in for a rude awakening when insurance renewal arrives this year, a new report found.

The average cost of full coverage car insurance will be $1,780 a year, report finds.

27/04/2023

According to the insurance investment panel, the year 2023 may experience significant volatility.

Insurance asset owners are hopeful that challenges like rising inflation and political instability will not lead to a deep recession in 2023.

Insurance asset owners are hopeful that challenges like rising inflation and political instability will not lead to a deep recession in 2023.

24/04/2023

Being informed about the top 6 insurance scams that you may encounter.

Insurance fraud is a type of financial crime in which an individual or entity knowingly misrepresents information to an insurance company in order to receive money, services or some other benefit.

Insurance fraud is a type of financial crime where individuals or entities misrepresent information to an insurance company in order to gain money or services. It can take many forms, such as fake claims, provider fraud, application fraud, policyholder fraud, and identity theft fraud.

21/04/2023

Could 2023 be the year when automation takes over insurance?

Straight-through processing (STP), or automation, has been touted as the next stage of the insurance industry’s digital evolution for the past few years. Kirstin Marr (pictured), chief analytics officer at Insurity, said there are several signals in the industry that this capability will take off in 2023.

Several signs showing broader adoption of straight-through processing

17/04/2023

To make sure your home is protected in the case of a flood, it’s important to purchase separate flood insurance.

These are the best flood insurance companies that can help make sure you're prepared.

When a natural disaster strikes, it's important you have the right coverage. We reviewed the best flood insurance companies so you can make sure your home is protected.

13/04/2023

Insurance Providers Are Denying Coverage for Hyundais and Kias Amidst Ongoing Thefts

Hyundai and Kia’s thefts are still happening. What started as a dumb social media stunt has exploded into a full-blown theft epidemic. The Korean automaker has done little to help aside from horrible rollout of a theft deterrent system by Hyundai, and threats of class action suits haven’t lit a fire to fix the problem.

In the last year, thefts of Hyundais and Kias in St. Louis have risen 1,450 percent, causing major insurance companies to outright deny owners insurance.

10/04/2023

Millions of U.S. Citizens Could Soon Be Losing Their Medicaid Benefits - Here's How to Get Ready for It

Throughout the pandemic, millions of Americans on Medicaid have been shielded from losing health care coverage. Medicaid provides health coverage for low-income Americans; for the past three years, states suspended their typical process of redetermining whether someone remained eligible for coverage.

As pandemic protections expire, states are redetermining which people are eligible for the health insurance program.

07/04/2023

Insurance policies that are unusual or out of the ordinary.

Insurance has been around for millennia, as everyone from the Babylonians to the Greeks and Romans recognized the value of having protection against financial losses. That was true then, and it’s true now.

Key points You can buy insurance to protect yourself against bedbugs and even cold feet on your wedding day. Many celebrities insure the body parts that helped make them famous. While it’s fun to learn about unusual insurance policies, it’s more important to have the right coverage for you

03/04/2023

What is the anticipated average price of homeowners insurance for the year 2023?

Homeowners insurance costs increased by nearly 11% between 2021 and 2022 according to private banking firm S&P Global, joining the list of necessary services hit by inflation. Many homeowners will see higher rates in 2023.

Homeowners insurance costs increased by nearly 11% between 2021 and 2022 according to private banking firm S&P Global, joining the list of necessary services hit by inflation. Many homeowners will see higher rates in 2023. As the average cost of homeowners insurance continues to rise, take t

29/03/2023

Choosing the best livestock insurance involves assessing individual needs and comparing policy features and prices.

While the loss of an animal is always difficult, it can also have financial implications for farmers and other business owners who rely on those animals for income. Whether you have a small goat dairy farm, alpaca farm, or a larger operation, livestock insurance can protect you from the economic impacts of losing an animal.

If you own a farm, it's important to have the best protections in place. We reviewed the best livestock insurance so you can make sure you're covered when the unexpected happens.

26/03/2023

The top 5 trends in the insurance sector for the year 2023 include digital transformation, customer centricity, the rise of InsurTech, the emergence of new business models, and the adoption of data-centric approaches.

Powering the next generation of commercial insurer.

23/03/2023

There are both advantages and disadvantages to purchasing life insurance policies for children.

The COVID-19 pandemic has been a wake-up call for many about the need for life insurance. It’s been one of the top topics of discussion at dinner tables, according to a recent survey by Life Happens, an industry-funded non-profit that provides information about insurance.

The COVID-19 pandemic has been a wake-up call for many about the need for life insurance. It’s been one of the top topics of discussion at dinner tables, according to a recent survey by Life Happens, an industry-funded non-profit that provides information about insurance. And one-quarter of those ...

19/03/2023

As of March 2023, these are the 10 most recommended and reliable travel insurance companies to consider for your next trip.

Whether you’re looking for an international travel insurance plan, emergency medical care, COVID coverage or a policy that includes extreme sports, these are the best travel insurance providers to get you covered.

The best travel insurance policy for you will depend on what you want covered. Here, we compare ten big names in travel insurance to see what they offer.

15/03/2023

The expenses related to health benefits are expected to surge significantly in the year 2023, causing a notable rise in costs.

As 2023 health insurance cost increases come into focus, it’s not a pretty picture. For fully insured companies that purchase health coverage for their employees, the cost per employee is set to increase 6.5% — more than double the rate of increase last year.

Goodroot president explains what employers can do to help their employees

12/03/2023

Health Insurance under Obamacare is now available to more than 16 million Americans.

U.S. President-elect Joe Biden adjusts his face mask after during a news conference, where he discussed health care and the Affordable Care Act (Obamacare, at the theater serving as his transition headquarters in Wilmington, Delaware, U.S., November 10, 2020. REUTERS/Jonathan Ernst

More than 16 million Americans signed up for Obamacare health insurance for 2023, a jump of more than 12% over last year and the highest since the Affordable Care Act was signed 13 years ago, the U.S. government said on Wednesday.

08/03/2023

When it comes to senior citizens above the age of 60 the health insurance options have increased over the past few years.

Health insurance options for seniors have increased
While there was a time when hardly any insurer wanted to offer health cover to senior citizens.

Common comorbidities like diabetes or blood pressure are covered by a good number of senior citizen special polices.

06/03/2023

As soon as a teenager starts to prepare for their driving test, young driver car insurance should become a priority.

Car insurance for teenager drivers is a necessity, especially with their higher risk level.

Buying car insurance for young drivers can be expensive, but at ConsumerCoverage, you will get discounts that can reduce the insurance premiums. Find out how much you can save with car insurance for teenagers!

01/03/2023

which gender pays more for car insurance? Most folks would assume it’s men, but this is only partly true.

The answer depends on where you live.

There's a common myth that men always pay more for auto insurance. Find out the truth.

26/02/2023

A robust travel insurance plan can help pay trip medical expenses, reimburse you for deposits lost if you have to cancel the trip and much more.

Here’s some advice about finding cheap travel insurance that still has good coverage.

A robust travel insurance plan can help pay trip medical expenses, reimburse you for deposits lost if you have to cancel the trip and much more. But you don’t want the travel insurance purchase to break the bank. The biggest price factors in travel insurance are the total trip cost, your age, num

22/02/2023

No-exam life insurance gives you the convenience of avoiding a life insurance medical exam as part of the application.

We scored providers based on price and coverage benefits to help you find the best no-exam life insurance.

No-exam life insurance gives you the convenience of avoiding a life insurance medical exam as part of the application. But not all choices are created equal, and sometimes rates can be high. We scored providers based on price and coverage benefits to help you find the best no-exam life insurance.

20/02/2023

Truist has announced that it has agreed to sell a 20% stake in its subsidiary Truist Insurance Holdings.

Truist Insurance Holdings will continue to benefit from Truist’s operations, access to capital and client relationships, while both Truist and Truist Insurance Holdings will benefit from Stone Point’s role as a capital partner.

Funds managed by Stone Point Capital will take on the share for $1.95 billion

16/02/2023

Every car insurance policy is valid only for a fixed tenure which maybe 1 year, 3 years or 5 years after which it needs to be renewed.

The renewal of a car insurance policy is not just a matter of procedure to continue to avail the policy, but it brings various benefits with it as well.

Renew Car Insurance - Renew Car Insurance Policy Online with high NCB cover. Get four wheeler insurance renewal policy Instantly with ✓Roadside Assist ✓Cashless Repairs ✓High IDV and ✓Save upto 70%* on Premium. Continue enjoying the coverage & benefits.

08/02/2023

A digitally integrated operations model can enhance customer experience, innovation and agility for insurers in multiple ways. Here’s a look at a few.

Why Insurers Should Place a Premium on Digitally Integrated Operations

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