Unum Defrauds US
October 31, 2008
In a Boston court case, Unum, the largest disability provider in the United States, was found guilty of defrauding the country by making customers submit false claims for disability to the SSA. This was done in spite of Unum’s clear knowledge that the customers were not eligible for benefits.
The fraudulent activities of Unum put added pressure on the nation’s ailing security program, leading to unnecessary time and taxpayer money being spent in order to process and subsequently deny the claims. Read more
Insurance Companies Bracing for November’s Election
October 29, 2008
With healthcare as one of the primary topics being discussed by the candidates this election season, it’s no wonder that the insurance companies are up in arms over just what is going to become of their services. While they definitely won’t be going anywhere anytime soon, it seems certain that no matter who wins, the face of insurance will be undergoing at least SOME changes. Read more
AIG Gets New Restructuring Officers
October 29, 2008
In a new move, the massive insurance company American International Group, Inc (AIG) has named new officers to oversee the corporate reconstructing in the wake of the company’s economic failure. The officers will play a decisive role in AIG’s reorganization. Read more
Several Ways to Reduce Insurance Premiums
October 21, 2008
These days, driving is more expensive than ever. It takes a lot of money just to make things happen. The economy isn’t doing anybody a favor, either. The price of oil has gone up globally, so the amount people pay at the pump has gone up to around $4 a gallon, and the oil that goes into everything else relevant to their vehicle’s needs is more expensive too. Jobs have been cut significantly in 2008, making for tight money crunches in most households, and with the cost of everything else combined, it’s easy to see why people aren’t rushing out to buy new vehicles every year. There’s just no money to go around for that. Read more
Whole Life Insurance
October 17, 2008
Whole life insurance is one of the two main categories of life insurance policies available today. Term life insurance is the other main category. Each of these main categories also has subcategories of different kinds of life insurance.
Term life insurance is more familiar to most people, as more seem to choose it because of the price. It does not cost as much, and you can choose a policy that exactly suits your needs. Nevertheless, Whole life insurance is a little different, and when you know about these differences, you may decide that it is a type of insurance that will best suit your needs and the needs of those in your family. Read more
Universal Variable Life
October 15, 2008
Some people would rather have a life insurance policy that they can customize to suit their needs by picking and choosing among options that would also be a permanent solution to their life insurance needs. If this is what you have been looking for, but were unsure as to what such a policy was called, you need a Universal Variable life insurance policy. Read more
Condo Insurance Coverage
October 14, 2008
People who own condominiums realize that their condo association is in charge of supplying condo insurance coverage. Some people have a hard time understanding that if they want to protect their personal property and have coverage that will cover whatever the condo association’s insurance does not, they must purchase a separate, personal policy in addition to the one already supplied. Read more
Improving Your Car’s Longevity
October 2, 2008
As gas prices reach newer and newer heights and the cost for a barrel of oil becomes headline news; drivers are struggling to find ways to save on fuel. The most popular way to exchange that old car for a hybrid or to downsize the SUV for a small compact, but for those drivers who can not afford to do that, there are a few tricks that can save on gas and extend the lifetime of your car. Read more
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