Insurance Tutor

Yes, you can donate your life insurance policy to charity. In fact, insurance can be a good way to leverage affordable premium payments into a substantial future donation.

There are several different ways you can give your life insurance policy (or the death benefits from it), to charity. Each method has different advantages and disadvantages to both you and the charity. One way to help your favorite charity is to simply name the charity as a beneficiary on your policy.

SOUTH NORWALK, CT

Medical care has become so expensive that any visitor falling ill in the US, Canada or Europe, or needing hospitalization, will have great difficulty in meeting the costs. No one knows when they will fall ill or become bed ridden or suffer from major diseases or have accidents which require hospital stay. And for all these people it is necessary to have medical insurance. It can be a temporary one, covering the period of their stay in the US.

Pregnancy is such an exciting time in a young couple’s life that it is common to overlook something like pregnant health insurance.

Some expectant couples make the mistake of assuming their health insurance policy will automatically cover their pregnancy. Sometimes that is not the case because pregnancies cost so much over the course of their nine months. With multiple doctors’ visits, hospital stays, and the chances for a complicated delivery, make sure you know about pregnant health insurance.

An important area of interest for parents is finding the most affordable car insurance for teenagers. It is difficult for parents to decide on which car insurance is the best for teens.

Everyone knows that the teen lacks experience in driving and parents want to get the cheapest insurance. There are some features which parents should certainly look into when deciding which is the best car insurance policy. Parents should consider on the reliability of the insurance policy. Not only the premium cost should be taken into consideration, but also the reputation of the insurance company.

To get affordable car insurance is not easy if you have been through an accident or committed some other violation, such as been arrested for drinking while driving, running a red light, not going to driving school after getting a statement for a minor violation, or anything else that gave you a black mark on your driving license. High risk auto insurance is needed in such cases.

After such cases some car insurance companies wouldn't give you insurance for your vehicle or if they do, they would charge you a higher amount for your car insurance policy.

According to the Society of Actuaries, alcohol abuse may take off anywhere from 10 to 15 years of your life. But did you know it can also raise your life insurance premiums?

Most people would like to find cheap health insurance. Here are some tips:

Opt for a higher deductible to reduce the premium for your health insurance plan.

Decrease the premiums of your health insurance plan by joining an HMO. HMO's provide a health insurance plan that is cheaper than the normal health insurance plans, but there are restrictions with regard to hospitals and medical professionals.

People generally start to see cheaper car insurance premiums after they reach the age of 25. This is sometimes referred to as a “magic age” in terms of car cover, and companies believe drivers above this age deserve a lower cost because they are past the early stages of driving when they might be more inclined to drive irresponsibly or without full attention.

Worker’s Compensation Claims Fall During Recession

LAS VEGAS –
At a seminar for ratemaking and product management held in Las Vegas held by the Casualty Actuarial Society (CAS), those attending were told that the economic and financial downturn will have a varied impact on the workers compensation insurance market.
The chief economist of the National Council on Compensation Insurance (NCCI), Harry Shuford, who served both as a session moderator and panelist, stated that recessions tend to place reduced pressure on the exposure of workers compensation programs.