Live Insurance News

Five Tips For Saving on Your Home Insurance Premiums

October 26, 2013April 17, 2014 Guest Author

Home insurance is a fact of life if you own real estate. Covering fire and theft losses, you pay a specific monthly premium based on several factors, from the neighborhood’s crime rate to the home’s square footage. Saving on your insurance premiums requires some legwork to receive the discounts you rightly deserve. Bundle Your Services If you have multiple items you insure, including cars, motorcycles and boats, it saves you money to use one insurer for all of your assets. Talk to an insurance professional about bundling all of your…

How Life Insurance Has Changed in the Past 5 Years

October 19, 2013April 19, 2014 Guest Author

Facing the realities of the economic state of affairs across this country, society has evolved to display continually increasing interest in financial solutions that provide improved and increased predictability. Whether they are found in the forms of life or death benefits, or simply in better asset protection, the industry is changing and adjusting to deliver to consumers these new demands. In the past five years, the life insurance industry has adapted to the modification of the country’s financial climate, all while developing some exceptional ideas and solutions to meet the…

An overview of health insurance for young adults

October 19, 2013October 18, 2013 S.Vagus

An overview of federal law In the U.S., health insurance is undergoing major changes spurred by the Affordable Care Act. The federal law has introduced many new regulations designed to govern health care throughout the country and the law’s provisions will have a dramatic impact on the way health insurance works and how accessible it is, especially for young adults. While young people may be quite knowledgeable of certain things, especially if it has to do with pop culture, many people are confused about what the Affordable Care Act means…

Affordable Care Act may not be a “job killer”

October 12, 2013October 12, 2013 S.Vagus

Misconceptions concerning federal law create unnecessary tension in the job market The U.S. Affordable Care Act is surrounded by many myths and misconceptions. One of the most significant of these misconceptions is the idea that the federal law will lead many small businesses throughout the country to fire workers. This concept is tied to the health insurance mandates associated with the federal law. These mandates require businesses to provide health insurance benefits to full-time employees, but the law has its own designation for what qualifies as a full-time employee. The…

Can personal property be included in the Purchase Agreement?

October 5, 2013April 17, 2014 Kirk Chivas

Underwriters are always blamed for being picky but when they see personal property listed on the first page of a Purchase Agreement, they get super crabby. The underwriter will claim that that the loan will not be insured if there is personal property included in the sale. Here is an example: The agreed upon Purchase Price of a home is $200,000. In that $200,000 agreement, the Seller has included an outdoor play set in the backyard. The Play set is not considered “real property” but is considered “chattel” which is…