Insurance Sector

My wife and I just bought a Universal life insurance policy. We each have $100,000 in coverage. After talking to my parents, who are 59 and 58 years old and have term life, we think we are paying too much per month for premiums. Our agent showed us and told how the premiums we pay will partially go into a savings account and collect interest. This looked like a good thing and that is why we went with the Universal coverage. He also told us that the premiums for term would keep going up as we got older. My parents pay a combined $65/month for there life insurance (with $150,000 coverage each). My wife and I pay a combined $125/month.

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The November 2010 tracking poll was conducted in the days following the mid-term election that resulted in major gains for Republicans, including a shift in control of the House of Representatives. The survey attempts to gauge what role health reform played in voters’ decisions, and to measure the current public mood about the health reform law.The poll finds that voters say health care reform was a factor that influenced their vote, but not a dominant one. The economy/jobs was the factor mentioned by voters most often (29%), followed by party preference (25%) and views of the candidates themselves (21%). Health care ranked fourth at 17 percent. T Read more…

The tools of today may not be the tools of tomorrow. The Web is ever changing.

That’s why it’s important not to get too bogged down in any one type of marketing – online or otherwise. It’s great to get involved in online communities, but don’t let it eat up all your time and become the only type of marketing you do.

It’s fine to use Facebook, Twitter or other sites, but don’t invest too much into only those things. As quickly as those outlets popped up on the web, others may pop up just as fast. The key is flexibility.

This Medicare Advantage Data Spotlight provides an overview of recent changes made to the Medicare Advantage program and examines trends in plan participation, premiums and certain benefits. About 12 million people, or nearly a quarter of the Medicare population, are enrolled in Medicare Advantage, the privately administered plans that are an alternative to the traditional fee-for-service Medicare program.

The analysis was conducted by a team researchers at Mathematica Policy Research, Inc. and the Kaiser Family Foundation.

When you’re meeting with a client, there’s a lot to keep in mind. But more than anything else, what your customer thinks is and how he or she is feeling about the policy is going to determine whether or not you’re going to make a sale. So ask at regular intervals

Every time you hit a major point in your presentation, ask the client, “Would you be interested in that?” or “Is that what you were looking for?”

You’ll get an idea of what’s important to the customer, so you can continue to focus on that feature. You might even get the client to agree to buy the policy right then and there.

Californians with no health insurance and preexisting conditions that would otherwise prevent them from obtaining coverage were given a new opportunity on Monday, October 25th with the debut of a new health plan. This new coverage is designed to bridge the former health insurance model with the new one to be revealed in 2014, which will no longer allow insurers to decline coverage to people with preexisting conditions.

Since this interim insurance is debuting in California, it is considered a guinea pig plan.

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In this video series, AAA Travel executives Betsy Sell and Tom Wilt provide tips and information to make traveling internationally easier. The series explains documents that are needed, types of travel available, and how to save for and during your trip. This series also provides essential information for travelers including safety tips, travel insurance, how to prepare for emergencies and types of currency that can be used.

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British insurer Aviva said on Tuesday that it was withdrawing from Taiwan because it did not expect to meet group financial targets there.