Insurance Industry

Insurance Industry

Life insurance takes place when somebody makes a contractual deal with a company, which provides an agreement between the involved people. By buying a policy of his own life, or someone else's (a daughter can buy a life insurance for her father, for example). When a policy of life insurance is made, there are three important parts that will make it work: the insurer (the company), the owner (who buys the insurance policy) and the insured - the person whose life gets insured. It is important to make sure whether the other party is involved in life insurance, but not as part of the policy: the beneficiary: this person is designed by the owner and will receive the policy proceeds, if the insured dies.
Life insurance does not come just with a simple and universal agreement. There are as many types of it, as needed. Some examples of life insurance are:

  • Permanent Life Insurance: stands for life insurance that remains in force until the policy matures, unless the owner fails to pay the premium when due.
  • Term Life Insurance: gives to the life insurance coverage for a specific term of years for a specified premium.
  • Universal Life Insurance: Is a flexible-premium, adjustable benefit life insurance policy that accumulates account value. The flexibility of this policy allows you to change the amount of insurance as your need. Some changes require underwriting approval.

People usually think that only those in for disaster are searching for life insurance companies, and that is totally wrong. All the while people prize this kind of contract, as a way of protecting family's best interest and very good investment enterprise. The only way to understand fully is by reading more therefore building a wealth of knowledge about this kind of deal. A quick research on the great Search Engines and you will clue you up some of what it is about.

Insurance Industry Articles and News

What is Malpractice Insurance? Are you properly covered?

 The malpractice insurance is developed to protect medical professionals against their patient’s liability claims. However, as the patient’s claims became too frequent, the malpractice insurance rates significantly increased over the last decade. The process acted as a chain reaction, by lowering the malpractice insurance offer.  The growing size of claims and the reduced availability of malpractice insurance were the reasons aside the sector’s crisis. It became a non profitable business. In the last years, were even said that this market will be extinguished..

What is Disability Insurance?

 Disability insurance is a type of coverage for people whom suffer from physical or mental impairment.
 Generally speaking you´ll need disability insurance if because of a sickness or injury you are unable to work on your own or any occupation of which you are suited by training, education or experience. An individual or group of individuals can get disability insurance for themselves against it, often times as part of a life insurance package or sometimes separately.

FWiFarmers planning to hold educational visits for school children can take advantage of a new on... New guide to help farmers

FWiFarmers planning to hold educational visits for school children can take advantage of a new online resource.

The new farmers’ section of the Farming and Countryside Education (FACE) website provides helpful hints on how to make a holding accessible for visitors, a guide on how to set up a farm trail and access to a full package of online resources which are free to download.

Th...

The new store, which is located at 2000 South McColl Road, Suite I, will be a resource for reside... Leading Provider of Mobili

The new store, which is located at 2000 South McColl Road, Suite I, will be a resource for residents of the McAllen area, and the entire Valley region. The store's grand opening was September 7, and members of the McAllen Chamber of Commerce joined the ribbon-cutting ceremony.

"We provide people with the ability to retain their independence and perform daily living activities such as eat...

The Wal-Mart company's program to cut a few generic-drug prices could make medicines more afford... Prescription drug plan good

The Wal-Mart company's program to cut a few generic-drug prices could make medicines more affordable for some consumers.

Wal-Mart is the 800-pound gorilla in the retail industry. So, it's announcement last week that it would cut the price for some generic drugs to $4 per prescription understandably sent tremors through competitors. But for consumers, particularly for people who are unin...

Stell Parker Selby is the Republican Party's candidate for state treasurer, and by all accounts ...

Stell Parker Selby is the Republican Party's candidate for state treasurer, and by all accounts she doesn't have a snowball's chance against wildly popular Democrat Jack Markell.

Selby, 59 and a retired educator from Milton, made her candidacy official Tuesday and said she wants to determine whether to abolish the office of treasurer if she's elected. Good for her.

With most recent chatter centered around luring biotechnology to town, marine officials say the c... Leaders say help needed to

With most recent chatter centered around luring biotechnology to town, marine officials say the community now needs to recognize the industry's importance to the economic base. Assistance, they say, is necessary to protect both water access and scores of local jobs.

"We're short on employees," said Vera Locke, executive director of the Marine Industries Association of the Treasure Coast...

In papers filed Friday with the U.S. Bankruptcy Court in Delaware, the company said Ohio agreed t... Industry report...

In papers filed Friday with the U.S. Bankruptcy Court in Delaware, the company said Ohio agreed to reduce its claims against the company to $2.3 million and up to 50% of any insurance proceeds Federal Mogul obtains related to asbestos damage at its former plant in McConnelsville, Ohio.

. said Monday it will delay its announcement of how many hourly workers took buyout offers to leave the ...

The Australian Computer Society (ACS) has launched a Computer Professional (CP) program aimed at ... ACS program designed to im

The Australian Computer Society (ACS) has launched a Computer Professional (CP) program aimed at enhancing industry skills.

Core subjects include Technology Trends, Business, Legal and Ethical Issues, and Business Strategy and IT. It also contains an elective subject on Project Management or Managing Technology and Operations.

"The focus is on lifting the bar and promoting ICT as a ...

Home Companies Markets News Advisers Library My Money My Time Company Search Premium services Co... Standard Life confirms fin

Home Companies Markets News Advisers Library My Money My Time Company Search Premium services Companies Markets News Latest News Regulatory News Comment Archive The Week News Alerts Hemscott RSS Advisers Library My Money My Time Help Services Home > News > Latest News

LONDON (AFX) - Life insurer Standard Life PLC has confirmed that Alison Reed, the company's finance director, will ...