Category Archives: Insurance

What is a Beneficiary?

In the language of life insurance, a beneficiary is the recipient of the proceeds of the policy when the named insured dies. The owner of a life insurance policy has a great deal of flexibility in naming beneficiaries and can … Continue reading

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Disability claims and overweight people

How to successfully manage disability claims when claims based on joint and musculoskeletal disorders are beginning to rival cancer as a top disabilities driver? This information comes from Unum, a leading provider of disability insurance. Unum reviewed claims data generated … Continue reading

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Insurance Question of the Day

Question: When Should I Save for Retirement? Answer: You should start saving for retirement as soon as you start working. With longer life expectancies we are now living 20, 30 even 40 years into retirement. Allowing the power of compound … Continue reading

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Mississippi becomes latest state to regulate Uber, Lyft

Mississippi will begin regulating Uber, Lyft and other ride-hailing services on a statewide basis beginning July 1. On Monday, Gov. Phil Bryant (R) signed House Bill 1381, which puts the state’s Insurance Department in charge of regulating so-called transportation network … Continue reading

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Prescription drug use down, but prices up for workers comp

Injured workers sought out fewer prescription drugs in 2015, but workers compensation insurers spent 2.2 percent more on drugs as a result of higher prices. A report by Express Scripts, a benefits manager, found that the average cost of prescription … Continue reading

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Disability claims and overweight people

Aging and overweight baby boomers are creating a new health insurance challenge: How to successfully manage disability claims when claims based on joint and musculoskeletal disorders are beginning to rival cancer as a top disabilities driver? This information comes from … Continue reading

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Republicans working on Healthcare alternative

As much as they’ve talked about repealing and replacing the Patient Protection and Affordable Care Act (PPACA) over the past six years, Republicans have seldom offered specifics about what exactly they would replace it with. Even though House Republicans have … Continue reading

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Pre-Existing Conditions to End ?

House Speaker Paul Ryan says that some of the Patient Protection and Affordable Care Act’s (PPACA) protections for the sick need to go. The provision of the PPACA that forbids insurers from charging more to customers with preexisting conditions is one … Continue reading

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Life Insurance Agents and Commissions: What You Should Know

When shopping for life insurance, it’s important to know how agents get paid. Commissions can play a big role in which policies agents promote and how much coverage you get for your money. How insurance commissions work Commissions vary by … Continue reading

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What age is it a good idea to look into life insurance?

I get this question more than any question about Life Insurance so here is my answer: Life insurance can be acquired at a variety of life stages.  You may hear about life insurance being used as a tool for infinite banking, … Continue reading

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