http://www.news-insurances.com News-Insurances.com is an independent online media providing the latest insurance news for the insurance industry and consumers Thu, 09 Sep 2010 08:02:01 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 http://www.news-insurances.com/life-insurance-medical-exam-and-tips/0167303654 http://www.news-insurances.com/life-insurance-medical-exam-and-tips/0167303654#comments Fri, 03 Sep 2010 08:05:11 +0000 Sofia Ashmore http://www.news-insurances.com/?p=303654 Going to the doctor is something we would most likely avoid. Yet, in buying life insurance, whether it is term life insurance or whole life insurance, you will need to undergo a physical exam. Here is what you can expect from your physical exam: Most exams can take place in your home or office. Often [...]]]> http://www.news-insurances.com/life-insurance-medical-exam-and-tips/0167303654/feed 0 http://www.news-insurances.com/life-insurance-security-mutual-life-products-expand/0167300612 http://www.news-insurances.com/life-insurance-security-mutual-life-products-expand/0167300612#comments Thu, 02 Sep 2010 14:04:20 +0000 Barbara karouski http://www.news-insurances.com/?p=300612 Security Mutual Life Insurance Company of New York has added features to its two Whole Life products making them more efficient as personal financing tools. The new features are particularly useful to life insurance planners who embrace the Infinite Banking, Be Your Own Banker and Bank on Yourself concepts. Planners can now combine a new [...]]]> http://www.news-insurances.com/life-insurance-security-mutual-life-products-expand/0167300612/feed 0 http://www.news-insurances.com/life-insurance-subscription-always-be-honest-and-upfront/0167300940 http://www.news-insurances.com/life-insurance-subscription-always-be-honest-and-upfront/0167300940#comments Thu, 02 Sep 2010 09:57:40 +0000 Sofia Ashmore http://www.news-insurances.com/?p=300940 When taking out life insurance, the most important thing to remember is that policies are based on your health at the time you sign them rather than any period thereafter. Unlike annual policies for things such as household contents and car insurance, life cover is long-term, according to the Association of British Insurers. This means [...]]]> http://www.news-insurances.com/life-insurance-subscription-always-be-honest-and-upfront/0167300940/feed 0 http://www.news-insurances.com/life-insurance-online-comparison-for-life-insurance-choice/0167298868 http://www.news-insurances.com/life-insurance-online-comparison-for-life-insurance-choice/0167298868#comments Wed, 01 Sep 2010 14:37:14 +0000 Barbara karouski http://www.news-insurances.com/?p=298868 The life insurance industry has gotten more competitive than ever before. There are all sorts of policies to choose from, and you can get a policy that suits your needs. To get the best deal, get quotes from as many different insurance companies as possible. Thanks to the internet, you can easily access different quotes [...]]]> http://www.news-insurances.com/life-insurance-online-comparison-for-life-insurance-choice/0167298868/feed 0 http://www.news-insurances.com/life-insurance-study-working-parents-with-minor-children-have-more-life-insurance-coverage-on-dad-than-on-mom/0167297980 http://www.news-insurances.com/life-insurance-study-working-parents-with-minor-children-have-more-life-insurance-coverage-on-dad-than-on-mom/0167297980#comments Wed, 01 Sep 2010 07:56:53 +0000 Barbara karouski http://www.news-insurances.com/?p=297980 A MetLife study has found that a gender gap in life insurance coverage exists between working, married men and women with children under the age of 18. According to findings released today from MetLife’s 8th Annual Study of Employee Benefits Trends, married men with minor children have, on average, five times their annual household income [...]]]> http://www.news-insurances.com/life-insurance-study-working-parents-with-minor-children-have-more-life-insurance-coverage-on-dad-than-on-mom/0167297980/feed 0 http://www.news-insurances.com/life-insurance-three-out-of-ten-american-families-have-no-policy/0167295810 http://www.news-insurances.com/life-insurance-three-out-of-ten-american-families-have-no-policy/0167295810#comments Tue, 31 Aug 2010 11:58:34 +0000 Sofia Ashmore http://www.news-insurances.com/?p=295810 Despite the fact that most American families have less to fall back on financially than when the economic downturn began, ownership of individual life insurance has hit a 50-year low, according to a new LIMRA study. The Trends in Life Insurance Ownership study, conducted every six years by LIMRA, found that only 44 percent of [...]]]> http://www.news-insurances.com/life-insurance-three-out-of-ten-american-families-have-no-policy/0167295810/feed 0 http://www.news-insurances.com/aegon-launches-an-%e2%80%98income-security%e2%80%99-tool-which-shows-how-a-client%e2%80%99s-guaranteed-income-can-increase-as-markets-rise-and-is-protected-if-they-fall-2/0167156212 http://www.news-insurances.com/aegon-launches-an-%e2%80%98income-security%e2%80%99-tool-which-shows-how-a-client%e2%80%99s-guaranteed-income-can-increase-as-markets-rise-and-is-protected-if-they-fall-2/0167156212#comments Wed, 23 Jun 2010 08:19:40 +0000 Tom Scott http://www.news-insurances.com/?p=156212 AEGON has launched a series of easy-to-use online support tools helping advisers understand the benefits of the guarantees offered with the AEGON Secure Lifetime Income product. Included is an ‘income security’ tool which shows how a client’s guaranteed income can increase as markets rise and is protected if they fall. Various scenarios can be run [...]]]> http://www.news-insurances.com/aegon-launches-an-%e2%80%98income-security%e2%80%99-tool-which-shows-how-a-client%e2%80%99s-guaranteed-income-can-increase-as-markets-rise-and-is-protected-if-they-fall-2/0167156212/feed 0 http://www.news-insurances.com/how-to-get-the-best-life-insurance-deals/016717734 http://www.news-insurances.com/how-to-get-the-best-life-insurance-deals/016717734#comments Wed, 17 Feb 2010 18:05:22 +0000 Barbara karouski http://www.news-insurances.com/?p=17734 People across the UK have been offered some advice on how to get the best life insurance deals to meet their needs. Kevin Tooze, managing director of Equity Partners, said that it is important people are open and honest with their insurer to ensure they are being given the right level of cover. Furthermore, he [...]]]> http://www.news-insurances.com/how-to-get-the-best-life-insurance-deals/016717734/feed 0 http://www.news-insurances.com/state-farm-life-insurance-affiliates-expect-to-pay-policyholders-653-million-in-dividends-for-2010/016718712 http://www.news-insurances.com/state-farm-life-insurance-affiliates-expect-to-pay-policyholders-653-million-in-dividends-for-2010/016718712#comments Fri, 12 Feb 2010 10:02:12 +0000 Sofia Ashmore http://www.news-insurances.com/?p=18712 State Farm Life Insurance Company, State Farm Life and Accident Assurance Company and State Farm International Life Insurance Company Ltd. announced an increase in the total dividend payout for 2010. The companies expect to pay to their life insurance policyholders an estimated $653 million in dividend payments on 3.5 million participating policies, a 3 percent [...]]]> http://www.news-insurances.com/state-farm-life-insurance-affiliates-expect-to-pay-policyholders-653-million-in-dividends-for-2010/016718712/feed 0 http://www.news-insurances.com/over-100-families-helped-every-day-by-critical-illness-and-life-insurance/016711746 http://www.news-insurances.com/over-100-families-helped-every-day-by-critical-illness-and-life-insurance/016711746#comments Mon, 21 Dec 2009 11:17:57 +0000 Barbara karouski http://www.news-insurances.com/?p=11746 In 2008, over 100 families and individuals a day were helped at the most difficult times in their lives by claiming on their life or critical illness (CI) insurance policies, according to data published today by the ABI.  The average claim was £52,000, double the average UK annual salary. The number of CI insurance claims [...]]]> http://www.news-insurances.com/over-100-families-helped-every-day-by-critical-illness-and-life-insurance/016711746/feed 3 http://www.news-insurances.com/uk-life-insurers-to-find-simpler-definitions-for-protection-products-and-services/016711264 http://www.news-insurances.com/uk-life-insurers-to-find-simpler-definitions-for-protection-products-and-services/016711264#comments Tue, 15 Dec 2009 10:43:34 +0000 George Stobbart http://www.news-insurances.com/?p=11264 UK consumers are confused about what insurance cover they think they have compared with what they are actually covered for, according to Swiss Re’s latest edition of its flagship Insurance Report. Swiss Re is prompting UK life insurers to keep product definitions simple and to improve the transparency of what they offer. The financial crisis [...]]]> http://www.news-insurances.com/uk-life-insurers-to-find-simpler-definitions-for-protection-products-and-services/016711264/feed 0 http://www.news-insurances.com/aviva-lifts-withdrawal-restrictions-on-unit-linked-uk-property-fund/01677060 http://www.news-insurances.com/aviva-lifts-withdrawal-restrictions-on-unit-linked-uk-property-fund/01677060#comments Wed, 04 Nov 2009 07:07:22 +0000 George Stobbart http://www.news-insurances.com/?p=7060 Aviva has today lifted restrictions on withdrawals from its unit-linked UK property fund. Aviva introduced restrictions on surrenders, switches and transfers from the Aviva Unit-Linked Property Fund (Life and Pensions) on 22 January 2009 following a difficult period in the UK commercial property market between 2007 and 2009. The restrictions applied to investors in life [...]]]> http://www.news-insurances.com/aviva-lifts-withdrawal-restrictions-on-unit-linked-uk-property-fund/01677060/feed 0 http://www.news-insurances.com/employers-and-workers-failing-to-maximise-the-value-of-company-provided-life-assurance/01676725 http://www.news-insurances.com/employers-and-workers-failing-to-maximise-the-value-of-company-provided-life-assurance/01676725#comments Mon, 26 Oct 2009 15:03:20 +0000 Sofia Ashmore http://www.news-insurances.com/?p=6725 Nine out of ten businesses offer life assurance as part of their benefits package, yet over half of workers don’t think it is provided to them as an employee benefit, according to research by Aon Consulting, the leading employee risk and benefits management firm. Aon is urging employers to ensure that workers value this important [...]]]> http://www.news-insurances.com/employers-and-workers-failing-to-maximise-the-value-of-company-provided-life-assurance/01676725/feed 0 http://www.news-insurances.com/what-a-life-insurance-for/01676188 http://www.news-insurances.com/what-a-life-insurance-for/01676188#comments Sat, 17 Oct 2009 10:20:35 +0000 George Stobbart http://www.news-insurances.com/?p=6188 If you die unexpectedly, this provides some financial security for people who depend on you. There are two main types of life insurance: whole-of-life insurance and term insurance. Whole-of-life insurance pays out an agreed sum whenever you die. Term insurance is the cheaper of the two, as it pays out the agreed lump sum only [...]]]> http://www.news-insurances.com/what-a-life-insurance-for/01676188/feed 0 http://www.news-insurances.com/legal-general-makes-joint-life-policies-fairer/01675772 http://www.news-insurances.com/legal-general-makes-joint-life-policies-fairer/01675772#comments Fri, 09 Oct 2009 08:53:22 +0000 Sofia Ashmore http://www.news-insurances.com/?p=5772 Legal & General is now offering single life policies to people who would previously have had their joint life policy cancelled as a result of non-disclosure from their partner. Traditionally in cases where a joint life policy is taken and one of the policyholders dies during the term, if evidence of reckless or deliberate non-disclosure [...]]]> http://www.news-insurances.com/legal-general-makes-joint-life-policies-fairer/01675772/feed 0 http://www.news-insurances.com/asda-teams-up-with-lv-to-increase-life-cover-among-over-50s/01673955 http://www.news-insurances.com/asda-teams-up-with-lv-to-increase-life-cover-among-over-50s/01673955#comments Wed, 02 Sep 2009 13:57:49 +0000 George Stobbart http://www.news-insurances.com/?p=3955 ASDA today announced plans to triple over the next three years the number of customers covered by its over 50s life insurance. The supermarket chain has unveiled a brand new Over 50s Life Cover product, developed for ASDA by mutual insurance group LV=. Family wellbeing is far and away the biggest priority for Britain’s over [...]]]> http://www.news-insurances.com/asda-teams-up-with-lv-to-increase-life-cover-among-over-50s/01673955/feed 0 http://www.news-insurances.com/what-is-life-insurance/01672407 http://www.news-insurances.com/what-is-life-insurance/01672407#comments Fri, 31 Jul 2009 09:13:19 +0000 George Stobbart http://www.news-insurances.com/?p=2407 Life insurance offers a way to replace the loss of income that occurs when someone dies (usually the person who produces the majority of income in a family situation). It is a contract between you as the insured person and the company or “carrier” that is providing the insurance. If you die while the contract [...]]]> http://www.news-insurances.com/what-is-life-insurance/01672407/feed 0 http://www.news-insurances.com/michael-jacksons-children-could-miss-out-on-a-20-million-life-insurance-payout/01672691 http://www.news-insurances.com/michael-jacksons-children-could-miss-out-on-a-20-million-life-insurance-payout/01672691#comments Thu, 30 Jul 2009 07:29:10 +0000 Sofia Ashmore http://www.news-insurances.com/?p=2691 Michael Jackson’s children may miss out on a US$20 million (HK$156 million) life insurance payout because an aide allowed the policy to lapse. The King of Pop’s family are planning legal action against the assistant who they reportedly believe kept the cash that had been put aside for insurance. Dr Steven Hoefflin, the plastic surgeon [...]]]> http://www.news-insurances.com/michael-jacksons-children-could-miss-out-on-a-20-million-life-insurance-payout/01672691/feed 0 http://www.news-insurances.com/aviva-to-provide-10000-worth-of-free-life-cover-for-new-parents/01672066 http://www.news-insurances.com/aviva-to-provide-10000-worth-of-free-life-cover-for-new-parents/01672066#comments Sat, 18 Jul 2009 14:02:47 +0000 Barbara karouski http://www.news-insurances.com/?p=2066 Over 3 million1 families put children at financial risk by skipping family protection Britain’s parents were today given a helping hand by Aviva – with a new offer providing £10,000 worth of free life cover for new parents in the UK2. Research released by Aviva’s UK Life business suggests that over half of parents in [...]]]> http://www.news-insurances.com/aviva-to-provide-10000-worth-of-free-life-cover-for-new-parents/01672066/feed 0 http://www.news-insurances.com/british-parents-worry-about-childrens-financial-future/01671266 http://www.news-insurances.com/british-parents-worry-about-childrens-financial-future/01671266#comments Sat, 04 Jul 2009 14:46:46 +0000 Sofia Ashmore http://www.news-insurances.com/?p=1266 Millions of British children could be left in poverty as parents fail to provide financial protection for their children if they were to pass away or become critically ill, reveals research by protection specialist Bright Grey.* As the UK falls further into recession and family finances feel the pinch, British parents have admitted to leaving [...]]]> http://www.news-insurances.com/british-parents-worry-about-childrens-financial-future/01671266/feed 0 http://www.news-insurances.com/aviva-incredible-transaction-of-925-million-from-sale-of-australian-life-business/0167772 http://www.news-insurances.com/aviva-incredible-transaction-of-925-million-from-sale-of-australian-life-business/0167772#comments Mon, 22 Jun 2009 16:02:27 +0000 Tom Scott http://www.news-insurances.com/?p=772 Aviva plc (“Aviva”) announces that it is to sell Aviva Australia Holdings Ltd, its Australian life and pensions business and wealth management platform (“Aviva Australia”) to National Australia Bank (“NAB”). Aviva to sell Australian life business and wealth management platform to National Australia Bank Total cash proceeds of A$925 million (£452 million) Total cash proceeds [...]]]> http://www.news-insurances.com/aviva-incredible-transaction-of-925-million-from-sale-of-australian-life-business/0167772/feed 0 http://www.news-insurances.com/a-success-for-lv-life-insurances-redesigned-website/0167495 http://www.news-insurances.com/a-success-for-lv-life-insurances-redesigned-website/0167495#comments Tue, 16 Jun 2009 21:11:27 +0000 Tom Scott http://www.news-insurances.com/?p=495 LV= has been recognised as one of the leading online life insurance providers by independent customer experience benchmarker, Global Reviews. The news comes hot on the heels of the launch of their redesigned website. Against 13 competitors in the Q1 2009 online life insurance provider category*, LV= has been rewarded for : its overall content [...]]]> http://www.news-insurances.com/a-success-for-lv-life-insurances-redesigned-website/0167495/feed 0 http://www.news-insurances.com/seniors-make-money-by-selling-their-life-insurance/0167315 http://www.news-insurances.com/seniors-make-money-by-selling-their-life-insurance/0167315#comments Fri, 12 Jun 2009 14:17:59 +0000 nicolas http://www.news-insurances.com/?p=315 Let’s face it – the past twelve months have been very hard financially on you senior citizens. But help may be on the way from a place you probably never thought about – your life insurance policy! Through a transaction known as a Life Settlement, you can receive market value for your life insurance in [...]]]> http://www.news-insurances.com/seniors-make-money-by-selling-their-life-insurance/0167315/feed 0 http://www.news-insurances.com/tesco-launches-life-insurance-for-the-over-50s/0167312 http://www.news-insurances.com/tesco-launches-life-insurance-for-the-over-50s/0167312#comments Fri, 12 Jun 2009 13:43:26 +0000 George Stobbart http://www.news-insurances.com/?p=312 The policy will allow customers to leave loved ones a guaranteed tax-free cash lump sum. Customers who buy before 26th June will receive a free £20 gift card. Customers are guaranteed to be accepted and no medical is required for customers who are between the ages of 50 and 75. There are no complicated forms [...]]]> http://www.news-insurances.com/tesco-launches-life-insurance-for-the-over-50s/0167312/feed 0