Insurance Courses

Hurricane coming? Have an evacuation plan on standby!

Written on September 10, 2010 – 6:47 am | by Hunter Rankine

When hurricane season roars in, home owners should be prepared to evacuate their homes in a moment’s notice. Preparing for a hurricane long before one develops is the key to keeping your family safe and your home protected.

Hurricane coming your way? Plan ahead!

If you live in an area where hurricanes are possible, good preparation is essential. The Insurance Information Institute (III) offers the following planning tips:

• Prepare for an evacuation. What route will you take to get further inland? Plan for more than one route in case roads are closed. Where will you wind up? Consider the homes of friends and family who live a bit further inland as your destination in an emergency.

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Tags: Hurricane, Hurricane Coming

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How to Purchase Life Insurance on Ex-Husband

Written on September 7, 2010 – 8:17 pm | by Sebastian Braim

One common question I hear is, “Can I purchase life insurance on my ex-husband?” In most cases, Yes!  But here are the conditions:

1.  You Must Prove “Insurable Interest” – You have to be able to prove that you would somehow be financially impacted by your ex-husband’s death.  If so, there is a legitimate need for insurance, or “insurable interest”.  By far, the #1 reason a woman takes out life insurance on her ex-husband is to protect her alimony income.  If the ex-husband dies, and your alimony payments stop, there’s a case where you need life insurance.  Say you’re getting paid child support, or have children you’re both helping to put through school or college, his death would mean you have to bear 100% of the financial burden of raising your child/children.  You too have an insurable interest.

2. Yes, He Must Know about th

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Tags: Insurance, Life Insurance, Purchase Life, Purchase Life Insurance

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40 Blog Posts About Common Life Insurance Myths and Misconceptions

Written on September 6, 2010 – 7:54 pm | by Hunter Rankine

There comes a time in all our lives when we have to sit down to plan our exit of this lifetime.  We would like to feel assured that our loved ones will be taken care of when we move on into eternal life. When you are considering a whole life insurance policy, a number of questions will come to your mind. The foremost will be why buy a whole life insurance policy? Well, for starts, a whole life insurance policy is the best bet if your goals are long term.

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Tags: Common Life, Life

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Worst Classic Video Game Deaths

Written on September 4, 2010 – 10:02 pm | by Hunter Rankine

Nobody wants to die. Well, almost nobody. And yet, for many of us, entire weekends were spent dying over and over again as we pumped quarter after quarter into out favorite video game machines, or endlessly pressed RESET on the console. It’s probably a good thing video game characters don’t buy term life insurance. They’d put the insurance companies out of business, dying three, four, or even five times in a matter of three or four minutes like that.

Have you ever considered the life and death of a video game character? We me

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Tags: Game, Video Game

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Definition of Aggregate Insurance

Written on September 4, 2010 – 5:59 pm | by Gabrielle Scanlan

Identification

1. The term “aggregate” refers to the sum of accumulated parts, according to the Merriam-Webster Dictionary. BusinessDictionary.com clarifies its use in insurance as the maximum coverage amount an insurance company must legally provide, regardless of the number of claims that comprise that total.

Function

2. Aggregate limits apply to personal liability, property damage or health insurance coverage, according to AllBusiness. A policy’s aggregate limit covers any number of expenses or damages up to a set maximum dollar amount. Beyond that limit, the insurer has no financial obligation.

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Tags: Insurance

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An Amusing Way to Die

Written on September 2, 2010 – 10:30 am | by Hunter Rankine

If you’re like most of us, there’s not much that you like better than a day at an amusement park. And if you like amusements parks, you’re probably with us when we say that roller coasters are our favorites. Turns out, though, that you might want to double check and make sure your term life insurance is paid up before you get on that roller coaster you’ve been waiting all summer to try.

While only one in 124,000 roller coaster riders detect any kind of injury, and only a fraction of those are serious (only 1 in 15 million need to be hospitalized), there remains a chance, however small, that you could die as a result of riding your favorite coaster. While t

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