Life Insurance Myth: Life Insurance Policies Are All the Same

Did you know that not all life insurance policies are the same? It’s worth taking note, when it comes to life insurance, it pays to understand the differences between policies so you can choose the policy that fits your specific needs and situation.

Not Your Parents’ Life Insurance
Before we talk about how life insurance policies work today, let’s take a look backwards. When your parents started work, they probably began paying on a term life insurance policy offered through their employer.

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Tags: Insurance Policies, Life Insurance, Life Insurance Policies, Same   Posted in Insurance News

Citigroup Begins Selling Off Primerica Stake

DULUTH, Ga. (AP) – Citigroup has begun selling off its remaining stake in Primerica through a public offering, the provider of life insurance and other financial products said.

The approximately 8 million shares of Primerica stock to be sold represent all of the remaining shares owned by Citigroup following Primerica’s initial public offering last year. On Tuesday afternoon, Primerica said the offering priced at $22.29 per share.

Primerica shares fell 93 cents, or 4 percent, to close at $22.29. They rose 29 cents to $22.58 in aftermarket trading.

A subsidiary of Citigroup Inc.

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Tags: Stake   Posted in Insurance Quotes

Sean Quinn ordered to repay €1.74bn

The unit created to fight for assets for the crisis-hit Allied Irish Bank has won another victory against Sean Quinn, forcing him to repay €1.74bn, bringing the total the Irish courts have told Quinn to pay to €2.16bn.

Tags: Repay, Sean Quinn   Posted in Insurance Quotes

Hiscox launches new terrorism insurance products geared for the health care industry

Hiscox, a specialty insurance company, has launched a new line of terrorism insurance geared for health care providers, hospitals and researchers. Hiscox claims that this is the first insurance product of its kind to be offered in the U.S. It would seem that such insurance coverage would fit well in a nation that has been on heightened awareness for terrorism for the past 10 years. However, no major attack has occurred on U.S. soil since September 11, 2001. Whether Hiscox’s new insurance offering will be successful in light of this fact is yet to be seen.

Hiscox believes that most health care institutions in the U.S. a

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Tags: Care, Health Care, Terrorism Insurance   Posted in Insurance News

Assumption Life: Non-Medical Life Insurance Policy

Assumption Life is one of Canada’s leading insurance carriers for non-medical life insurance solutions.

Its basic non-medical policy is called Total Protection and is available with as few as four questions. Face amounts can range from 5,000 to 50,000 and for amounts over $30,000, additional health questions are required. The policies are available to applicants age 18 to 80 and they come with a multi-life discount.

The policies are available on a deferred basis, that is, if death occurs within the first two years, by non-accidental means, the payout is limited to a return of premium, plus interest.

Assumption Life’s flagship non-medical life insurance plan is Golden Protection. Read more…

Tags: Assumption Life, Insurance, Life Insurance   Posted in Insurance Updates

Moleac launches NurAiD II in France and Belgium

Biopharmaceutical Company Moleac has announced the launch in France and Belgium of NurAiD II. NurAiD II is a natural health supplement engineered to stimulate neuroplasticity and recovery. NurAiD II is now available via a dedicated Internet site , operated by Moleac and a growing number of pharmacies across France and Belgium.

A natural treatment to support the restoration of neurological functions:

NurAiD II is based on the beneficial properties of Chinese herbs, known for their medicinal properties and their safety. NurAiD II is a proprietary blend of 9 natural herbal extracts.

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Tags: Belgium, Nuraid Ii   Posted in Insurance Quotes