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Category: Insurance News

Term Life Insurance for Life

31 January, 2012

I just spoke to a 68 year old gentleman who was looking for a 30 year term life insurance policy.  At his age, there arent any companies that would issue a term policy for 30 years, so we looked at a 20 year term policy with a $1,000,000 death benefit.  If approved at Preferred Plus, [...]

California Enacts Life Insurance Death Benefit Law

6 January, 2012

California enacted a death-benefit law this week that will place new requirements on life insurance companies. In response to complaints that insurers routinely failed to contact or pay death settlements after policyholders died, the government has moved to increase protections for beneficiaries. Over the past year, California state officials have looked into the activity of [...]

Halo Insurance Services Wins Prestigious Industry Award

10 December, 2011

iCarhireinsurance.com’s parent company, Halo Insurance Services Ltd, has won the Insurance Times Brokers Innovation of the Year Award 2011 in a glittering Awards Ceremony on 6 December 2011. The Insurance Times Awards are the Oscars of the insurance world. Read full post…

Challenges posed by relocation on individual health insurance

27 November, 2011

One of the main challenges facing personal health insurance is relocation. One would ask how relocation would affect his individual health cover and the thing is, relocating to a different state may pose several problems as pertains to the insured party. Relocation is one of the major challenges facing individual health insurance. Relocation of the [...]

More Reasons to Own Permanent Life Insurance

26 November, 2011

Continuing this list of reasons to own permanent life insurance: To replace the value of a home in a reverse mortgage:  Many consumers may want to tap into the equity of their homes by using reverse mortgages without eroding their familys inheritance.  Funds from the proceeds of a life insurance policy can replace the equity [...]

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