Life Insurance Rate Comparison: Why It’s Important to Compare Cost and Coverage

We hear from consumers all the time who are confused about life insurance rates and are looking for guidance on how to properly compare rates.  The fact of the matter is there is no secret approach.  In order to truly select the best life insurance available for your needs, you’ll need to spend the time to shop around and compare.

At Efinancial we have developed a platform designed to simplify this process.  When you visit Efinancial.com, you’ll find one stop shopping; allowing you to compare rates from top rated carriers.  If you have questions, our licensed life insurance advisors can help assess your needs and select the life insurance policy that’s right for your family and you.

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Tags: Compare, Insurance Rate, Life Insurance, Life Insurance Rate   Posted in Insurance News

VA Life Insurance Program Scores Big

The Veterans Affairs’ Life Insurance Program has received high marks from their policyholders and beneficiaries.

The American Customer Satisfaction Index (ACSI) independent survey, conducted via phone through June of 2011, was facilitated by the University of Michigan Business School, the American Society for Quality and the Claes Fornell International Group. The survey was designed to measure overall customer satisfaction.

The Veterans Affairs’ Insurance customer service center received a score of 87 on a scale of 100, nearly 20 points higher than the aggregate of all federal call centers and 10 points higher than the aggregate of for private-sector call centers.

“According to the ACSI and the CFI, VA Insurance Program’s score of 87 is the highest ever seen for a government call center,” said Under Secretary for Benefits Allison A. Hickey.

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Tags: Insurance Program, Life Insurance, Life Insurance Program, Program   Posted in Insurance Quotes

A&A car insurance quote should not have come with advice attached

My friend bought a car and accepted an insurance quote of £925 from Aviva, through the broker Allen & Allen. I agreed to pay the premium and my friend would repay me. A few days after I paid, A&A cancelled the policy saying its agent should not have offered advice. My friend had to find insurance elsewhere and I was promised a refund within five days. The money did not arrive and, when I phoned, A&A said the policy was still valid, though it was cancelled, and it they needed proof that my friend was covered elsewhere before it could refund my money. I emailed his new cover note and phoned several times but have still not received the refund.

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Tags: Insurance Quote, Quote   Posted in Insurance Updates

Fate of the insurance industry may rest upon the Supreme Court’s ruling on the federal health insurance mandate

The future of the Affordable Care Act will soon rest in the hands of the U.S. Supreme Court. The law, passed last year, has generated an overwhelming amount of controversy surrounding the various provisions it seeks to enact. No provision is more controversial than the health insurance mandate, which requires all U.S. citizens to purchase some kind of health insurance by 2014. To date, 26 states have filed lawsuits against the federal government seeking to have the law deemed unconstitutional. Judges in these states have already branded the law as such, but the ultimate fate of the provision, and the law itself, remains with the Supreme Court.

If the Court finds the law as unconstitutional, health care reform will be put to a halt while legislators make changes to the law.

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Tags: Supreme, Supreme Court’s   Posted in Insurance News

Tree damage: Does insurance cover a fallen tree?

Following the recent powerful winds sweeping through the country, we have had a number of enquiries from customers who are unsure as to what their home insurance for second homes does and does not cover in relation to fallen trees.

As the great storm of 1987 demonstrated, falling trees can cause widespread disruption and damage.

Fallen trees are a bit of an insurance grey area, but generally speaking insurers will deal with a claim as follows.

A tree has fallen in my garden – will my insurance pay for damage and for it to be removed? Typically, with an insurance policy, you may find that a policy covers only the damage caused by trees, and not the trees themselves. T

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Tags: Insurance, Insurance Cover   Posted in Insurance Updates

Covea clarifies launch delay speculation

In response to speculation regarding the launch of its new price comparison site, a spokesman told Post, Covea has reviewed its launch schedule following “valuable discussions” with consumers and its insurance partners.

Tags: Launch, Launch Delay   Posted in Insurance Quotes