Posted on: Friday, April 20th, 2012 by jcliff

MetLife is most well known for their quality life insurance which offers a wide array of options for a variety of customer demographics.  But the company has a lot more to offer and some of their products may surprise you.

MetLife has a solid dental insurance plan, Metlife Dental, which provides a detailed website going over dental options and benefits.  You can even view and manage benefits online as well as locate participating dentists and download dental claims.  They offer advice on oral health, choosing a dentist and dental insurance products.

There is also an …

Posted on: Thursday, April 19th, 2012 by jcliff

Every six years, LIMRA, a research group focused on the insurance industry, conducts and releases a survey regarding insurance trends in America.  The most recent report detailed several disturbing trends in the life insurance arena, including the fact that life insurance ownership is at a 50 year low, with about a third of U.S. households going without this safety net.  Industry leaders found this to be surprising as prices for policies are cheaper than ever before.  In the Chicago Tribune article, “An inexpensive life insurance policy can avert financial disaster,” by Gregory Karp, LIMRA CEO, …

Posted on: Tuesday, April 17th, 2012 by jcliff

The Hartford Financial Services Group made a surprising decision as they announce that they are selling most of their life insurance business.  The NY Times article by Michael J. De La Merced reports that this comes after pressure from one of their biggest shareholders, the hedge fund Paulson & Company.  Hartford also intends on slowing down their annuity business as well as they focus more on its core operations in property and casualty, group benefits and mutual funds.

Liam McGhee, the insurer’s chairman and chief executive, believes the added focus will lead to higher …

Posted on: Sunday, April 15th, 2012 by jcliff

If you are a veteran and looking for quality life insurance, you may have come across some road blocks.  If you have a pre-existing condition or are over the age of 50, you could be facing higher life insurance rates, and some veterans can’t find a quality policy at all depending on their situation.  Luckily, the Department of Veterans Affairs may be able to help qualified individuals find veterans life insurance.

According to the Department of Veterans Affairs website, life insurance policies are available to US veterans and can offer additional help finding supplemental coverage.  Public …

Posted on: Thursday, April 12th, 2012 by jcliff

There are certain situations in which some find themselves asking, “Do I really need life insurance right now?” Whether you’ve reached an age when it doesn’t make sense to continue paying into your policy any longer, or if you’re having a hard time keeping up with the payments and could really use that extra cash monthly, considering closing out your current life insurance policy is an option that many ponder.  I recently read an article in The Ledger, (a newspaper out of Lakeland, Florida) that addressed this very issue.  Author Jim Miller tackled this …

Posted on: Tuesday, April 10th, 2012 by jcliff

Do you need life insurance if you are single?  This is a very common question among single individuals.  It feels unnecessary to some because no one is directly relying on their income for financial support, but there are some reasons why single people should at least consider a quality life insurance policy.

One of the most common reason single people benefit from life insurance is to have funeral costs covered in the event of their death.  Young people generally are not aware of how expensive a funeral can be, but it can be thousands …

Posted on: Thursday, April 5th, 2012 by jcliff

As more and more insurers bow out of the long-term care industry and rumors of premium hikes come to fruition, many consumers are becoming skeptical of the products.  But the undeniable fact that most people need such coverage is keeping the ball rolling.  According to a Genworth survey completed last year, the average annual cost of a private nursing home room runs about $77,000.  And that rate increases approximately 5% a year.  Home health care can cost even more, leaving many Americans feeling vulnerable and wanting to secure funds for this stage of life.  Kiplinger …

Posted on: Thursday, April 5th, 2012 by jcliff

A press release from Business Wire released earlier today, says New York Life Insurance continues to lead the pack when it comes to market share.  The company announced that it was the largest seller of new life insurance in 2011.  They completed the year with a strong 10.7% market share through the fourth quarter.  Their individual sales have continued to be encouraging as they increased about 12% over 2010.

Chris Blunt, head of New York Life’s Insurance Group, says the results are terrific and they credit New York agents throughout the nation.  They work …

Posted on: Saturday, March 31st, 2012 by jcliff

LifeGoesStrong.com is an NBC affiliated site designed for “mid-lifers,” or those in the 45-65 age group, focused on providing information related to technology, home, work, family, and such, as it relates to its readers.  Recently, they published an interesting article, “Term Life Insurance: Right for You?” that addresses a common question amongst this demographic; do I need life insurance and what type should I purchase? The author received expert advice on this topic from the CEO of Goldman Group, Marvin Goldman, of Little Falls, New Jersey.  Goldman has been a financial advisor for over …

Posted on: Saturday, March 31st, 2012 by jcliff

We are all looking for little ways we can save money, especially during these tough economic times.  Many people are unaware that there are ways to cut costs on insurance products including life insurance.  Julie Bawden-Davis wrote a great article outlining in detail some tips on saving money on life insurance found on the FoxBusiness website.

The article discusses 10 tips for saving on life insurance which include tips such as:

Buy just enough life insurance to meet your needs
Choose term life insurance
Buy as early in your life as possible
Pay attention to your health
Pay your …

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