Insurance settlements refer to the sale of active life insurance policies. The price of the policy is set in a manner that the buyers receive all the money they have paid under the contracts. Usually life insurance policyholders let the policy lapse and do not get any death benefits. In such an event, the beneficiaries do not receive anything because the policyholder loses all the money when the policy... 

FOR MOST PEOPLE, the right type of life insurance can be summed up in a single word: term. But before we explain why, it’s important to understand the differences between the most common types of insurance available. Our glossary can help with that, and decipher some of the more common insurance lingo. The basic difference between term and whole life insurance is this: A term policy is life... 

By Jeremy Vohwinkle If you worked for an employer that offered health benefits, when you decide to retire early or lose your job, it becomes quickly apparent how valuable that benefit was. Generally, when an employer offers health insurance coverage, the premium costs are split between you and the employer. Whether it is $20 or $300 per paycheck, you’re generally only paying a portion of the... 

By Donna Hinton Recouping loses through wedding insurance should a hurricane hit the brides chosen South Seas site on the eve of her big event or the caterer declares bankruptcy the day before her wedding is becoming common among today’s financially savvy brides. Today’s bride can insure almost every aspect of her wedding against loss or damage. One comprehensive plan even offers compensation for... 

Fantasies of the perfect wedding never included banquet halls going bust or lovebirds losing their jobs. But a calamity can sneak up on you while you’re consumed with creating your dream day, especially during a recession. For couples who plan ahead, there is a safeguard. Wedding insurance can cover costs when the unimaginable happens — the power goes out or the groom falls ill — and... 

By Mary Bailey Over the past several years we have watched the legislative process concerning workers compensation. Of course there is always mention of fraud and exorbitant attorney fees. Of course the fraud is always committed by someone other than the carrier. Of course the answer to the problem is capping claimant attorney fees and further restricting the rights of injured workers. And of course... 

By Dave Healey Is wedding insurance a worthwhile product or is it just another expense to add to the list? Well, as a newly wed here is my first piece of advice for those who have decided to take that stroll down the aisle. Within reason don’t think about the expense, this is a once in a lifetime (hopefully!) occasion, the happiest day of your life and the memories that you make on this magical...