Discuss Economics Blog » Insurance

Universal Life Insurance Scams and Complications

financewriter — Tue, 08 Nov 2011 22:24:09 +0000

You don't think about insurance until you need it. When you decide it's time to protect loved ones you face another problem: what to choose from among the gluttony of options? So you get a call amidst your decision from someone hawking universal life insurance. Should you buy in? All prudent financial advisers unanimously say [...]

Universal Life Insurance Scams and Complications is a post from: Discuss Economics Blog

Life Insurance – Your Personal Finances and Human Capital

financewriter — Thu, 29 Sep 2011 22:05:09 +0000

A young married client had done some mental math and decided that the total of his life insurance premiums if he held the policy for the full term was a princely sum. He felt reluctant to part with that money and told me so. For the moment we can leave aside the truism that you [...]

Life Insurance – Your Personal Finances and Human Capital is a post from: Discuss Economics Blog

Starting to Drive Less? Save on Insurance

Ro Econ — Wed, 14 Sep 2011 12:05:48 +0000

As the price of gasoline tops four dollars a gallon in the US and 1.4 a liter in Canada, consumers who are driving less could save an average of 5 to 15 percent on their automobile insurance rates if they just phone their insurers. That's according to the Consumer Federation of America (CFA), which says [...]

Starting to Drive Less? Save on Insurance is a post from: Discuss Economics Blog

Incentives and Profit for Insurance & Drug Companies

Ro Econ — Wed, 06 Jul 2011 17:33:06 +0000

Pharmaceutical companies are routinely called out for supposedly holding on to suspected cures because there's no money to be made. Sometimes drugs are available but because the condition is comparatively rare is costs thousands of dollars for one treatment you'll need the rest of your life. How do they get away with it and why [...]

Incentives and Profit for Insurance & Drug Companies is a post from: Discuss Economics Blog

The Truth About Universal Life Insurance – Comparing Investments

financewriter — Wed, 24 Mar 2010 12:24:17 +0000

**Read part one of the this crucial series on Universal Life insurance by visiting the universal life scams and complications page.** Important Questions to Ask About Universal Life 'Insurance' If you still INSIST on looking at UL here are crucial questions you must ask: I understand that there is flexible and accelerated funding but if [...]

The Truth About Universal Life Insurance – Comparing Investments is a post from: Discuss Economics Blog

What is Universal Life Insurance?

Ro Econ — Tue, 16 Feb 2010 13:41:16 +0000

Universal life insurance combines an investment component within a life insurance policy. They are often advertised as a tax shelter or as the best way to save on taxes. Policyholders are able to choose investments in the policy. Premiums are flexible within the minimums and maximums stated in the contract. The Income Tax Act mandates [...]

What is Universal Life Insurance? is a post from: Discuss Economics Blog

Health Care Reform: The Latest Developments in American Health Care Reform

Ro Econ — Mon, 04 Jan 2010 13:11:59 +0000

Both the House and the Senate have passed separate versions of the new health care reform bill; online insurance quotes will be more competitive now. The Senate's version of the new health care reform bill passed with a strong 60/39 count. New initiatives for reforming the healthcare industry will soon affect the online insurance quotes [...]

Health Care Reform: The Latest Developments in American Health Care Reform is a post from: Discuss Economics Blog

Mandatory Car Insurance so Adjust Your Premiums – Tips to Save

Ro Econ — Thu, 03 Dec 2009 13:25:53 +0000

Insurance is one of the aspects of life that you hate to pay for and given the choice you wouldnâ€™t bother. In fact, many Americans choose not to purchase any form of insurance when given a choice. Take for example healthcare, travel, life, and so on. Granted, most would purchase insurance in some cases (such [...]

Mandatory Car Insurance so Adjust Your Premiums – Tips to Save is a post from: Discuss Economics Blog

Pros and Cons of Health Insurance Reforms

Ro Econ — Mon, 26 Oct 2009 12:07:47 +0000

In recent months, the topic of health care reform has dominated the airwaves. There have been heated debates taking place on both sides of the issue. The arguments presented by each side can often be confusing. In order to better understand the various health insurance reform arguments, the following is a summary of the pros [...]

Pros and Cons of Health Insurance Reforms is a post from: Discuss Economics Blog

Ten Interesting Ways to Reduce Your Car Insurance Premiums

Ro Econ — Tue, 14 Jul 2009 15:47:31 +0000

If you are like the average person in America, you are paying around $817 per year in auto insurance, according to the Insurance Information Institute. As the country struggles through an economic recession, millions are either out of work, looking to save money, or both. The good news is that there are many ways to [...]

Ten Interesting Ways to Reduce Your Car Insurance Premiums is a post from: Discuss Economics Blog