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Death While Visiting Another Country

When people plan a vacation the last thing they think about is dying. Unfortunately, people die while traveling more often than you would think. Between October 2012 and June 2015, there were 10,545 deaths of American citizens in foreign countries, according to research done by Time magazine. When an insured... read more →

What To Do When a Loved One is Gone.

When someone you love dies, you will be in shock. No matter what the circumstances are, you are never prepared. In the midst of all of your grief, you may now have the overwhelming responsibility of finalizing the person's life. There are so many things that need to be taken care of, from planning... read more →

How Life Insurance Companies Get Your Personal Health Information

Insurance companies use huge quantities of information to profitably “underwrite” potential customers. If you've ever filled out an application  for insurance, you've faced questions that the insurance company uses to determine the level of risk you pose, your premiums and the extent of coverage for which you are eligible. The person who reviews and evaluates your... read more →

Why Life Insurance Companies Delay Claims

Delayed Life Insurance Claims People often assume that, when they pass away, their life insurance policies will provide financial security and stability for the loved ones they leave behind. It is the main reason why most of us take out life insurance policies. Life insurance policies are supposed to offer... read more →

How Life Insurance Companies Make Money

How do Life Insurance Companies make money? I had always thought insurance companies use complex actuarial tables which enable them to predict, very accurately, how long people will live and the insurers figure that, over time, they will collect more money than they pay out. The latter part is true... read more →