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 Featured Story
- Reasons why a life insurer won’t pay a claim—no lie!
- Date posted: April 15th, 2011 12:12 PM
- When it comes to purchasing life insurance, honesty is the best policy.
Tell the truth on your application and the insurance company will pay the full claim to listed beneficiaries upon your death, no questions asked. Stretch the truth, outright lie or commit fraud and the insurer could refuse to pay altogether, pay a lesser amount or give the money to someone other than the person listed as the beneficiary—especially if you die within two years after the policy is purchased, life insurance experts say.
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- Category: Articles Library, Featured Articles, Featured Story, Life Insurance
- Tags: claim, coverage, crime, denial, lies, life insurance, nullification, pay, won't
- The 11 Dumbest Insurance Fraud Cases of All-Time
- Date posted: March 21st, 2011 2:02 PM
- It’s no secret that many insurance fraud schemes involve murder, illicit activities, and mountains of debt. And of course, many involve idiots. Yes, people have been known to attempt the dumbest feats to get a quick payout, oftentimes getting caught in the process and facing probation, hefty fines, and time in the slammer.
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- Category: Featured Articles, Featured Story, Life Insurance, Videos
- Tags: business liability insurance, car insurance, Casualty, Coalition Against Insurance Fraud, criminals, dumbest, fraud, health insurance, homeowners insurance, illegal, life insurance, property, renters insurance
- How life insurers classify your risky job
- Date posted: March 21st, 2011 2:02 PM
- If danger is part of your job, then you might want to buy insurance to decrease how risky your life is. We’re not talking about signing up for a basic insurance policy work provides, then skipping along to your hazardous occupation. We’re talking about contacting a high-risk specialist, and buying some individual life insurance and disability insurance to protect your family if you die before winning employee of the month.
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- Category: Featured Articles, Featured Story, Life Insurance, Videos
- Tags: Bureau of Labor Statistics, dangerous occupations, environmental, job risks, life insurance, rating classifications, Tips, underwriting, vocational hazard
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