5 Tips on Locating a Life Insurance Company Home Office
What is the best way to locate the home office of a life insurance company? There are many situations where … Read more
How to Determine the Right Company
Things to Think About Before You Switch to a New Life Insurer
A policy holder who is insured by a financially troubled insurer may consider switching insurers. Whether this is a good … Read more
2 Major Protections for Life Insurance Customers
So far, no one has lost any death benefit from life insurance. In general, policyowners are protected in two ways. … Read more
The Basics of Life Insurance Underwriting
Life insurance companies each have their own extensive policy and procedure manuals they are supposed to follow in determining whether … Read more
Federal and State Laws and Regulations Affecting Life Insurers
Insurance companies are entrusted with huge amounts of money—in the $50 billion to $200 billion range in the case of … Read more
2 Types of Reinsurance in the Life Insurance Industry
A number of different types of reinsurance are available. The two main types are proportional reinsurance and nonproportional reinsurance. Proportional … Read more
4 Reasons for Reinsurance in the Life Insurance Industry
Reinsurance refers to situations where insurance companies insure against losses they may incur. Insurance companies have a limited amount of … Read more
Mutual Life Insurance Companies vs. Stock Companies Explained
Most life insurance companies are either stock or mutual companies. Fraternal benefit societies provide a small fraction of life insurance … Read more
The 5 Major Life Insurance Rating Agencies Explained
To serve the best interests of their clients, as well as to protect themselves from potential malpractice claims, planners should … Read more
How to Choose the Right Life Insurance Company
Until the 1980s and 1990s, most consumers rarely seriously questioned the financial strength of most life insurance companies. Financial strength … Read more