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…
Category: Life Insurance
Which life insurance policy is the easiest to get?
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….
Is life insurance a good idea for folks over 65 years of age?
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…
Nationwide
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…
State Farm
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…
Allstate
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…
Which type of insurance is probably the most neglected?
Life Insurance
Which is the best claim paying life insurance company?
MetLife Guardian William Penn Travelers