Life Insurance Archives - Insurance Help and Questions

Who insures insurance companies

April 24, 2022April 24, 2022InsuranceGeekLeave a Comment

Reinsurers may insure insurance companies but insurance companies “self-insure” or set aside reserves to cover any expected payouts under the policies. How it works: Sometimes insurance companies hold all the risk from underwriting policies. Sometimes insurers buy insurance from reinsurers for part of the risk. Insurers almost never lay off all such risk to others. […]

Which life insurance policy is the easiest to get?

April 30, 2021April 30, 2021InsuranceGeekLeave a Comment

Group life insurance is the policy easy to get. But, you can only get it through your employer or an association. There is no medical exam needed for this type of policy. Coverage can be purchased for 2 or 3 times your salary. https://insurancehumanity.com/life-insurance Get a quote at http://www.reducedpremium.com Life insurance FAQ Who needs life […]

Is life insurance a good idea for folks over 65 years of age?

December 30, 2020December 30, 2020InsuranceGeekLeave a Comment

Yes, if you still have a mortgage, debt or financial obligations that your family will be left with when you pass away. I have a client who is 70 and his daughter is 16. He wants to make sure she is taken care of through college.

Nationwide

December 4, 2020December 4, 2020InsuranceGeekLeave a Comment

Nationwide offers all that you’d expect from an auto insurer, plus a few additional options and perks. Gap insurance pays the difference between the cash value of your car when it was totaled or stolen and the amount of money left on your loan or lease. This insurance may be required by your lender, and you […]

State Farm

December 4, 2020December 4, 2020InsuranceGeekLeave a Comment

State Farm Auto Insurance Company OverviewYear Founded: 1922Official Website: https://www.statefarm.com/Insurance Offered: Auto, motorcycle, RV, motorhome, homeowners, renters, and moreCustomer Service: 24/7 phone: 1-800-782-8332Key PointsState Farm is licensed in all 50 states, but coverage options and discounts may vary by location.State Farm has more than 19,000 insurance agents nationwide.According to the company, some drivers who use the […]

Allstate

December 4, 2020November 23, 2022InsuranceGeekLeave a Comment

Allstate Insurance Company Founded in 1931 as part of Sears, Roebuck and Co., The Allstate Corporation is an American insurance company, headquartered in Northfield Township, Illinois, near Northbrook since 1967. Allstate is a large corporation, and with 2018 revenues of $39.8 billion it ranked 79th in the 2019 Fortune 500 list of the largest United States corporations by total revenue. History The idea for Allstate Insurance Company came during a bridge […]