Posted May 13th, 2012
by Zara Mulley
Before making any decision regarding the sale of a life insurance policy it is important to weigh up the pros and cons. Selling a life policy to a third party is known as ‘life settlement’ and means that the policy owner hands over ownership of the policy and all beneficiary rights in return for a payment. The payment to the original policy holder will be higher than simply cashing in the policy, but less than the eventual death benefit – a benefit which the new owner will receive. Most
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Tags: Insurance Policy, Life Insurance, Life Insurance Policy, Policy Posted in Insurance News
Posted May 7th, 2012
by Zara Mulley
Were giving away a New iPad to a lucky winner. Visit our Facebook page and Like us and enter the sweepstakes. No purchase or quote is necessary just Like us and fill out the short form. One lucky person will win the new iPad. It could be you!
Tags: Giving Away, Ipad, New Ipad Posted in Insurance News
Posted April 8th, 2012
by Zara Mulley
HealthWorks Collective hosted this weeks Grand Rounds with ten great articles from around the healthcare/medical blog world. Be sure to check it out. I found this article from Dr. Pullen to be especially interesting. He writes about his experience so far this year in complying with the new regulations imposed by WA state law (pertaining to chronic pain and making sure that patients with ongoing pain medication are not in danger of (or already) abusing their pain meds) and Medicare guidelines (meaningful use for electronic medical records).
Reading about these regulations and paperwork requirements from the perspective of a doctor who is complying with them does make one wonder if perhaps there is a way to reach the same goals (in this case, patients who arent abusing pain meds, and EMRs that are widespread, efficient, cost-effective, and beneficial) without so much labor-intensive paperwork.
Dr. Pu
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Posted in Insurance News
Posted March 18th, 2012
by Zara Mulley
Sometimes I will do a Google (or Bing) search for life insurance quotes to get a feel for what consumers have to go through in order to get quotes. Each time I do so, I am disheartened by what I find. The search listings can be quite confusing, as I see different companies on the first few search pages each time I do this test.
How does this happen? I know when I search for other products or services, the search engine usually spits out the most relevant search results, with the most relevant results appearing on the first page. However, if I search for life insurance quotes, for example, I get a mish-mash of results. How do I know which is the right company to choose?
I can go with names I know, like MetLife or Prudential, who often show up well in the rankings (deservedly so). The only problem with those websites is that I will only get one quote for each particular company. Then I will have to shop around for competitive quotes.
I can just go down the list and find a company that will provide me with competitive quotes from several companies. But I soon find this to be a difficult task. I run into many websites that turn out to be, what we call in the industry, lead generation websites. Many of these websites will have you fill in your personal information and sell it to life insurance agents (up to 8), who will then all call you to try to sell you a policy. Another type of lead generation site is identifiable by the large zip code box on the home page. Just enter your zip code and a page of companies pops up. You can click each one to try to get quotes, and then you will have to submit your personal information before you get quotes. Also, youll find many of the companies on this page are some of the companies you already saw in the search results.
I mentioned that many of the companies showing up on the first few pages of Google keep changing. Most of the changes have to do with the previously mentioned lead generation companies. As I do this test quite often, I can see what happens. There are a few of these companies that have figured out how to work the system and move up the search rankings quickly. When their methods of moving up are eventually discovered, they get knocked out of the rankings. Shortly thereafter, they appear again as a new website and the cycle continues.
Some people dont mind getting called by multiple agents or going through the redundant process as described above. If youre not one of those people, how can you find a website that will provide you with life insurance quotes without jumping through the hoops I described above? Here are a few things to look for:
- Work with a website that is owned and operated by licensed agents/brokers. You can find this out by reading the About Us or Legal pages of the website. If these pages are non-existent or limited, you are most probably on a lead generation website.
- If you have to enter your personal information before getting quotes (which I dont recommend), read the Privacy page of the website. It should spell out exactly what is to be done with your personal information. If your information is to go anywhere besides the website owners or insurance companies, check out some other sites.
- Make sure there is a list of state life insurance licenses displayed on the site. If the site is operated by agents or brokers who can personally help you apply for a policy, the licenses should be displayed.
- Read some of the content on the website. If its thoughtfully written and answers some of your questions about life insurance, theres a very good chance the site is operated by licensed representatives and not a lead generation company.
I hope this will help your search. There are quite a few reputable companies offering life insurance quotes on the website. At LifeInsure.com, we pride ourselves in providing life insurance quotes in a secure setting without requiring personal information. And, we will never sell your information to other agents or companies.
Tags: Insurance Quotes, Life Insurance, Life Insurance Quotes, Quotes Posted in Insurance News
Posted March 5th, 2012
by Zara Mulley
Dr. Rob Lamberts hosts this weeks Grand Rounds at his new blog More Musings (Im sure you know him from his writing at his old blog, Musings of a Distractible Mind). He made this edition of GR into an open letter to politicians a plea to fix what ails our healthcare system (and he notes that calling what we have a system is a bit of a misnomer, since it varies so much from one area to the next, and depending on the doctor, health insurance and wealth of the patient). Its a great round-up of healthcare posts, and well worth a read.
One of my favorite articles in this edition of Grand Rounds comes from Dr. El
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Posted in Insurance News