A Quote by Wes Smith
The chief beneficiary of life insurance policies for young, single people is the life insurance agent.
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The best tool today is longevity insurance - they call it income insurance. Most people know the value of life insurance. But what if you live? So instead of trying to guess one or the other, you plan for those 20 years and you get this income insurance. If you live beyond 85, you have money that's guaranteed for as long as you live in the form of an annuity.
Wills are trumped by legal titles to real estate or beneficiary designations on financial accounts, retirement plans and insurance policies.
I want to be clear here: It does not matter what you say in your will or trust; the beneficiary document attached to your IRA accounts and your life insurance policy overrides what you say elsewhere. If you want to change the beneficiary, you must change the beneficiary document.
We can all instinctively understand the idea of life insurance; most of us will feel an instinctive repugnance at the thought of the viatical industry, or 'dead peasants insurance.' As market thinking penetrated the life insurance industry, a moral line was crossed, and the application of market ideas was taken too far.
I don't believe we ought to discriminate against people because of their sexual orientation. If people are in a same-sex relationship, and they want their partner to be able to have health benefits or be designated as a beneficiary in your life insurance, there's no reason we shouldn't do that.
The premise of insurance is to spread the risk. It's the premise of homeowner's insurance, of car insurance, and of health insurance. It's one reason why it's important to have insurance when you're healthy, so that when you get sick, you won't go sign up just when you get sick, because that increases the cost for everyone.
The fundamental problem of Obamacare is the insurance mandates. When you mandate what has to be insurance, it elevates the price. And when you tell people they can buy insurance after they're sick, they will. And you get what's called adverse selection.
Free financial advice: buy life insurance for Saakashvili from US and UK insurance companies.
The basic premise of insurance is the pooling of funds from many to cover the costs of some. There are complicated methods for how to do this, but one fact remains consistent: For insurance to work well, people need to be in and stay in the insurance pool.
Today more than 20,000 communities participate in the National Flood Insurance Program. More than 90 insurance companies sell and service flood service insurance. There are more than four million policies covering the total of $800 billion.
We need to increase access to health insurance through Health Savings Accounts and high deductible policies, so individuals and families can purchase the insurance that's best for them and meets their specific needs.
In short: Readily available low-cost life insurance would be a threat to the industry, and whatever threatens the life insurance industry threatens America.
If you move or get married, that has to be changed with HR, payroll, medical insurance, life insurance, etc. It is a huge administrative headache that requires a full-time staff.
It took a little over a decade to build a coalition strong enough to beat the insurance companies, but in 1990, then Senator Tom Daschle and I passed a law regulating the private market for supplemental Medicare insurance policies.
For people who have health insurance, we can provide health insurance reforms that make the insurance they have more secure. And we can do that mostly by using money that every expert agrees is being wasted and is currently in the existing health care system.
Gingrich first backed the concept in 1993, "I am for people, individuals - exactly like automobile insurance - individuals having health insurance and being required to have health insurance.
