Tag Archives | Insurance

High Returns—For Whom?

Insurance companies are supposed to be in the boring business of pricing the risks that, for example, a certain percentage of people will get into an auto accident, and calculating the average cost of fixing the car and paying the hospital bills. They also calculate that a certain percentage of people of a certain age […]

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Insurance Against Market Crashes?

Many investors, panicked by the market crash of 2008-2009, started a search for some type of investment vehicle to protect them from the next market downturn. Some decided the answer was a variable annuity with a “guaranteed living benefit” rider. At first blush, this seems to be a good use of insurance. For a nominal […]

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The Overlooked Beneficiary Designation

hances are, when you buy life insurance, you put a lot of thought into it. How much coverage do you need? Are you covering the potential loss of income due to premature death, or will you use the proceeds to pay estate taxes or provide an inheritance? What kind of coverage do you want? But […]

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Childhood Whole Life Insurance a Thin Security Blanket

When Susan came into the world in 1974, of course her parents wanted the best for her. At that time, one of the loving things many parents did for their children was to purchase a life insurance policies on them. Parents had two reasons for these policies. The first was to pay for the funeral […]

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Start Early to Learn About Health Care Exchanges

The opening date is October 1. By then, the competition will be lined up and ready to go after bronze, silver, gold, and even platinum. These competitors aren’t athletes, but insurance providers. The field they are entering is the new health insurance exchanges mandated by Obamacare. Beginning January 1, 2014, nearly everyone in the US […]

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