Written by Adam Sullivan on September 25, 2011.
A recent report from Gallup highlighted how healthcare legislation has allowed more young adults in the U.S. to find health insurance coverage.
According to Gallup, in each quarter since new healthcare law passed in September 2010, fewer 18- to 25-year-olds have reported lacking health insurance coverage.
The latest data – for the second quarter (Q2) of 2011 – revealed that 24.2 percent of 18- to 25-year-olds reported having no health insurance. This is a sharp decline from the third quarter (Q3) of 2010 when 28 percent reported lacking health insurance coverage.
The Affordable Care Act contains a provision that permits children to remain on the health insurance plans of their parents until the child reaches 26 years of age.
According to Gallup, the aforementioned 4-percentage-point decline in the uninsured rate fot those 18- to 26-years-old is a direct effect of this healthcare legislation passed in late 2010.
Despite the gains seen in insurance coverage for young adults, adults aged 26- to 64-years-old have seen a decrease in insured rates, Gallup said.
In Q2 2011, 19.9 percent of those aged 26 to 64 reported being uninsured. In
Read more…
Written by Joseph Perry on July 6, 2011.
Renters insurance is a necessity for anyone renting or subletting a home or apartment. It’s a budget friendly insurance and protects so much.
Renters insurance is both very affordable and very necessary for anyone renting or subletting an apartment or home. If you take a close look around at the valuables you’ve purchased over the years, the thought of losing everything in one day is hard to imagine, but it happens every day. Theft, fire and natural disasters happen all the time.
The landlord only has coverage for the structure itself, not your personal property within. This is why it’s so important that you take a moment and put together an inventory of items you own with values and pictures. Doing this will give you a good idea how much coverage you need and will serve as a good record if anything should ever be stolen or destroyed. Renter’s policies cost on average $10 a month, sometimes less. With your renters policy you don’t just have coverage for your stuff.
P
Read more…
Written by Adam Sullivan on February 2, 2011.
North Carolina disability attorney is unsuccessful in obtaining disability insurance benefits for former TYCO employee
This short term disability insurance case originated from North Carolina and involved a claim that was denied under the TYCO short term disability plan. This North Carolina disability claim was not governed by ERISA as the TYCO short term disability plan is self-funded. The theory for filing a lawsuit in this claim was breach of contract, but in an unusual argument the North Carolina disability insurance attorney attempted to argue that ERISA should apply to the case. This case is an unusual disability insurance claim.
Guardian disability insurance denial is upheld by Ohio Federal Court & Sixth Circuit Court of Appeals
A federal court of appeals upheld Guardian Insurance Company’s denial of disability benefits. The claimant in this case was paid disability insurance benefits for several years, but when he returned to work for more than 40 hours a week, Guardian was convinced he was no longer eligible for benefits. T
Read more…
Written by Scott Barnes on April 21, 2010.
Many people do not understand the importance of insuring the possessions in your home. The insurance of possessions is one type of insurance that every person should have, regardless if they are renting or have a mortgage on their home. It is very hard to replace all of your possessions in the event of fire, flood or theft and having the items insured will reduce your out of pocket cost for the replacement of the items.
Does My Homeowner’s Or Rental Insurance Cover These Items?
Many people are confident that their homeowner’s insurance policy or their renter’s insurance policy will cover the replacement costs of all of the possessions that are located within the residence that is insured. In reality, most policies only cover structural damage or a limited quantity of the items in the home. For this reason, insuring your possessions is the best way to protect yourself if an unfortunate event ever occurs.
Insurance policies that cover possessions located in the residence are generally purchased in addition to a basic insurance policy used to insure the physical residence. It is important to request this additional coverage when purchasing homeowner’s or renter’s insurance policy. It would be re
Read more…
Written by Admin on February 25, 2010.
If you have come to a decision to begin a hunt for whole life insurance quotes, then you have made a very smart choice. Obtaining more than a few quotes from a large number of different insurance companies is the best way to confirm you are receiving the most excellent price for the cover you want. By putting side by side the coverage choices and premium cost of a large number of insurance companies and then comparing them makes finding the perfect company for you a competent and easy course of action.
There is a constant dispute between professionals with reference to whether a whole life policy or a term policy is the superior option. A few financial specialists will all the time say that a term policy is most excellent given that it is less costly and that you would be at an advantage by keeping the money you save with this less costly choice by spending on yourself and investing somewhere else.
Read more…
Written by Admin on February 14, 2010.
If you are planning your trip to Canada or any other overseas location, then you are probably more occupied with planning your activities and hotels than thinking about your travel insurance. Chances are that you will not need to have international travel medical insurance, but if something does go wrong the small investment in your health can save you a lot of problems.
It is a no brainier to take out the insurance, but you might find it confusing knowing which company to go with. In order to choose insurance that is right for you, you will need to do some research. There are some existing policies that you may have that include travel insurance and some credit card companies also have this service.
When you have worked out the current level of coverage that you have, you will have to start looking at the different travel insurance options that are out there and start comparing what they have to offer.
Read more…
Written by Admin on February 1, 2010.
If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!
Start with cheapest car insurance. Car Insurance Discounts is what every car owner wants to achieve. After all, who doesn’t want to get the best deals in town, right? When it is your car that is in focus, you should realize how important it is for you to have an Coverage policy that will protect your investment. After all, every state makes it a requirement and there are certain sanctions that you may face should you fail to comply.
Many people think that they can’t be given the chance to avail of the cheapest Automobile Insurance policies. But, they are utterly wrong. You too should understand that it is possible and it all depends on how well you search for the reliable car Insurance Coverage company. The Insurance quote is your primary tool to use as this will provide you with ample estimates as to your monthly premiums. Tak
Read more…
Written by Admin on December 27, 2009.
When it comes to auto insurance, many people are easily confused by the different types of coverage available. To help you understand these coverage types better, they are listed below with definitions and explanations for your benefit.
Liability Cover – Liability coverage is the minimum auto insurance covered required by law in most states. It is intended to cover the victims of an auto accident that is deemed to have been caused by you. Your own bodily injuries or property damage is not usually covered by liability insurance.
Comprehensive Coverage – Comprehensive coverage is intended to cover damage to (or the loss of) the insured vehicle resulting from causes other than collision such as storm damage, theft, vandalism and fire.
Collision Coverage – Collision coverage, as it’s name suggests, covers damages to your car due to collision with other vehicles, stationery objects and any road obstructions.
Uninsured/Underinsured Cover – Uninsured motorist cover is available for protection if you are involved in a traffic accident with a driver who is either uninsured or underinsured.
GAP Cover – When you buy a new car or even a fairly new used car, it’s vale will depreciate by at least 20% when you drive it off the lot. So, on a $30,
Read more…