Insurance News

Many Are Looking Forward To the New Administration To Deal With the Current Need for Healthcare Reform
Business and Healthcare Editors

KENNEBUNK, Maine, January 14, 2009

What exactly is Term Life insurance?

Term life insurance is the simplest and the cheapest form of life insurance. You decide the amount of money you want your dependents to get in the event of your demise.

Term life insurance pays a tax-free lump sum in the event of death within a specified period of your choice. This period, which you decide on at the time of purchase of the life insurance policy, is known as the “term”. Fixed monthly or annual premiums are paid for the duration of the term.

Finding Low Cost Health Insurance

The current situation is simple - health insurance premium are on the increase and benefits are falling, a phenomenon related not only to health insurance, but to every form of insurance. This means that you must look for ways to find low cost health insurance:

Keeping Control on your Teenager’s Car Insurance

Here are some tips to help you control the cost of your teenager’s car insurance:

Add your teen to your car insurance policy instead of buying separate coverage. The premium rates will typically reflect a combined history of all drivers on the policy.

Get an umbrella policy which adds at least $1 million to your auto or homeowner’s liability protection. It’s comparatively cheap insurance, and it’s frighteningly easy to run up seven-figure medical and legal costs with catastrophic crashes.

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