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Featured Insurance Articles

Auto Owners Insurance – Do You Really Need It?
If you think you don't have any need for auto owners insurance, just consider the answer to this question. How would you manage to pay the medical bills of someone who gets hurt in an accident when you are at fault? If you do not have an unending supply ...

Life Insurance. How The New Regulations Affect Policies Written In Trust.
In his spring Budget the Chancellor Gordon Brown announced swinging measures to tackle the use of Trusts being used to avoid Inheritance Tax. The immediate reaction amongst the financial and legal fraternity amounted to panic and confusion. Within ten ...

The Traveller's Insurance Checklist
Your trip is booked and all your reservations are made. The next thing on your "to do" list before you head off on that much deserved holiday is: Buy travel insurance. No doubt you have many questions that need answers before you can decide which travel ...




Why Is Health Insurance Important?
 
People buy health insurance for different reasons. The following are ten of these reasons. Please look them over and consider which reasons apply to you and which do not. This will help you to evaluate what type of health insurance will best meet your personal needs.
(1) Health insurance can protect you from the risk of uncertain bills for health care.
(2) Without health insurance, you may not be able to afford expensive services.
(3) Health insurance can pay for services that you use often.
(4) Health insurance can help you to get better quality care as a member of a coordinated health plan than you would get on your own.
(5) With health insurance, you do not have to worry about the cost of care when you are sick.
(6) The additional money provided by affordable health insurance when you are sick may be more valuable to you than money when you are well.
(7) If you have more dependents than most people, then you may get more out of a family policy for health insurance.
(8) If you or your dependents have more health care needs than most people and you only pay an average premium, then you get more from health insurance than most people.
(9) You do not pay income tax on health insurance benefits so it is more valuable per dollar than the same amount in taxable pay.
(10) Health insurance companies generally pay lower prices to doctors and hospitals than you would pay on your own.
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Insurance News

Democrats plan quick vote to renew kids' health plan - Columbus Dispatch
WASHINGTON -- House Democrats plan to give President-elect Barack Obama an early victory on children's health care next week. Leaders say they are scheduling a vote on renewing a popular health-insurance program for children. Unless Congress acts ...

PennyMac, Led by Ex-Countrywide Head, Buys FDIC Loans (Update3) - Bloomberg
Jan. 7 (Bloomberg) -- Private National Mortgage Acceptance Company LLC , an investor in troubled mortgages run by a former president of Countrywide Financial Corp., bought $558 million of home loans that the Federal Deposit Insurance Corp. acquired ...

New Unemployment Claims Dip Unexpectedly - WSB-TV Atlanta
WASHINGTON -- New claims for unemployment benefits dropped unexpectedly last week, but the number of people continuing to seek aid rose sharply. The Labor Department said initial applications for unemployment insurance dropped by 24,000 to a ...

Analysis: Deficit spending is tough pill to swallow - Detroit News
WASHINGTON -- It's a painful dilemma. The expected growth of the federal government budget deficit to $1.2 trillion this year could swamp future generations with a tidal wave of debt. But failure to spend huge piles of money on stimuli could capsize ...

The Seeds Of The Satyam Scandal - Forbes
Until the past few weeks, the corporate headquarters of Satyam Computer was an island of calm a short drive outside the bustling city of Hyderbad. Flags of countries representing Satyam's customers line the driveway leading to the front door ...

Local insurance company raided by insurance agents - Victorville Daily Press
VICTORVILLE • The Bureau of Insurance raided a Victorville insurance company Thursday morning, according to initial reports. Agents descended upon Desert Canyon Insurance Services in the 12400 block of Hesperia Road south of Silica Road around 10 ...

N.J. charges seven in alleged insurance scam - Philadelphia Inquirer
New Jersey authorities have charged seven people in an alleged workers' compensation scam that they say left many people without insurance. Those charged are accused of operating companies that linked workers' compensation insurance carriers and ...

Court orders Swiss health insurance to pay for sex change - PhysOrg
The European Court of Human Rights Thursday awarded a Swiss transexual 15,000 euros (20,500 dollars) after her country's health insurance refused to pay for her sex change operation. The Strasbourg-based court said Switzerland's Federal Insurance ...

Pender: Could clients break insurance bank? - San Francisco Gate
In interviews and congressional testimony this week, Stephen Harbeck, SIPC's chief executive, could not rule out the possibility that its resources might be exhausted by victims of Madoff's alleged $50 billion Ponzi scheme. SIPC, pronounced "sip-ick ...

Iran Insurance Report Q4 2008 - PR Inside
2009-01-08 19:19:04 - Iran Insurance Report Q4 2008 - a new market research report on http://www.companiesandmarkets.com www.companiesandmarkets.com/Summary-Market-Report/Iran-Insurance .. BMI’s Insurance Report has been written at a time that the ...