Archive for March, 2003

LIFE INSURANCE IS A PAINFUL NECESSITY

Without a doubt, life insurance is something you need. But it can be a pain to purchase and understand.A survey last year by the National Association of State Insurance Commissioners found only 28 percent of people with insurance - life, auto, home, health or disability - really understood the details of their coverage. And some […]

IS TERM LIFE INSURANCE A BAD DEAL?

Cheryl Wallace, a reader in Virginia, made an interesting comment following a column I wrote on life insurance.”Term life insurance has always seemed to be a waste of money to me,” Wallace said. “I get nothing at the end of the term. But the premiums for whole life (or cash value insurance) would be prohibitive […]

Term life insurance provides protection for lowest premium

Cheryl M. Wallace, a reader in Virginia, made an interesting comment after a column I wrote on life insurance. “Term life insurance has always seemed to be a waste of money to me,” Wallace said. “I get nothing at the end of the term. But the premiums for whole life [or cash value insurance] would […]

Life insurance can be a painful but necessary purchase

WASHINGTON - Without a doubt, life insurance is something you need. But it can be a pain to purchase and understand. A survey last year by the National Association of State Insurance Commissioners found that only 28 percent of people with insurance life, auto, home, health or disability really understood the details of their coverage.And […]

YOU CAN BENEFIT FROM SOME FACTS ON LIFE INSURANCE

Without a doubt, life insurance is something you need. But it can be a pain to purchase and understand.A survey last year by the National Association of State Insurance Commissioners found that only 28 percent of people with insurance - life, auto, home, health or disability - really understood the details of their coverage. And […]

THIS IS ROCKET SCIENCE: RESEARCH BEFORE BUYING LIFE INSURANCE

WITHOUT A DOUBT, life insurance is something you need. But it can be a pain to buy and understand.A survey last year by the National Association of State Insurance Commissioners found that only 28 percent of people with insurance - life, auto, home, health or disability - really understood the details of their coverage. And […]

Thailand Prime Minister Backs Non-Life Insurance Mergers

Mar. 13 Prime Minister Thaksin Shinawatra wants more mergers among non-life insurance companies, saying the current total of 77 companies is too high. He has asked the Insurance Department to work out legislation and incentives to facilitate mergers, with the aim of strengthening the industry’s competitiveness.Mr Thaksin did not specify an ideal number of companies, […]

Review contract to determine if life insurance policy worth keeping

Q.: I want to keep my old life insurance policy, but don’t want to make any more premium payments. What should I do?A.: In many cases, it may be in your best interest to retain life insurance policies that you have owned for a long period of time. However, if the policy is a very […]