One of the largest issues facing the nation right now is the rising costs of health insurance. Many people can not afford to buy health insurance, because the premiums have been driven up to unimaginable heights over the last decade or so. Many companies are trying to help shoulder the burden of the large premiums by paying a certain percentage…
Tag: Premiums
Definition Of Whole Life Insurance
Whole life insurance, also known as “cash-value” insurance is a basic and consistent type of permanent life insurance which remains in effect your entire life at a level premium. This life insurance is a good choice got you if you do not expect your life insurance needs to diminish over time. A portion of your premium goes into a reserve…
Texas Whole Life Insurance
Before you decide to buy whole life insurance over its counterpart, Term Life Insurance, it is crucial for you to understand the basics about Whole Life Insurance in Texas. The first type of whole life insurance is non-par or non-participating, whereas the second type is participating. The major difference between these two types of whole life insurance policies is that…
Irs Issues Long Term Care Insurance Premium Deductibility Limits For 2006
Nov. 8, 2005- The Internal Revenue Service has announced the 2006 limitations on the deductibility of long-term care insurance premiums from taxes. Premiums for “qualified” (see explanation below) long-term care policies are treated as an unreimbursed medical expense. These premiums what the policyholder pays the insurance company to keep the policy in force — are deductible to the extent that…
Car Insurance Top Tips
The car insurance industry has got really competitive in the last few years, so prices haven’t really changed much. There are now over 100 car insurers to choose from, so there are some very good deals out there for those who are prepared to shop around. 23% of motorists still choose to insure with the same company as the year…
Whole Life Insurance Benefits
Whole life insurance policies are the most expensive policies on the market due to the increasing cash value over time. This isn’t necessarily a bad thing as whole life insurance is permanent life insurance that covers you for as long as you live. This differs from term life which has a cheaper monthly premium but only lasts for a set…
Insurance Hints And Tips
There are several ways to reduce your Insurance Premiums, and by implementing these methods you can save yourself thousands a year. Excess Most claims are subject to an excess which is stipulated in your policy. If you opt for a higher excess, your monthly premiums will be less. In an average policy the excess is usually between 750 and 1000.…
Why It Pays To Take The Time To Go With A Specialist Broker For Car Insurance Cover
Some may think that by going with a specialist broker and allowing them to shop around for the best deals and cheapest premiums for your car insurance cover it will work more expensive. However this is far from true, in fact by going with a specialist broker you can actually save money by getting cover that is suitable for your…
Whole Life Insurance And Why People Choose It
Although term life insurance policies gets you cheaper monthly payments, when you request quotes, are whole life policies a better buy? With whole life policies you are covered for as long as you live and pay the premiums. With whole life insurance you are prepaying the cost of the policy but it is not a good investment, just a forced…
All About Car Insurance
Many factors influence the premium for your Motor insurance policy. Your insurer will have asked you many questions whilst producing your quote – some of which will affect your premium and some will not. Below we discuss the key variables that are within the policyholder’s control. Location A big influence on the cost of your car insurance is where you…