One quarter of Americans with a health insurance plan found care too expensive

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Despite the fact that they had coverage medical care was still cost prohibitive for one in four adults. The results of a study conducted by a consumer health group called Families USA have now been released and are showing that despite the fact that they had purchase the coverage of an insurance plan was present, over one in four adult Americans still made choices not to seek medical care because they felt that they could not afford it. This indicates that even though health insurance coverage may be growing, care…

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Travel insurance coverage is being purchased for very specific reasons

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Among the drivers that cause travelers to buy a policy, worries over hurricanes top the list. The results of a recent travel insurance survey have shown that there are some very specific reasons that consumers are purchasing this coverage, among which, hurricanes have been generated the largest amount of worry. The findings revealed that unexpected weather is enough to cause travelers to want to insure themselves. The research was conducted by a comparison website called InsureMyTrip. It determined that severe weather is making people the most worried about their vacation…

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Smartphones insurance trends are spreading across the country

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New Jersey has just become the latest among many states to approve electronic proof of coverage. New Jersey Governor Chris Christie has recently signed A-3905/S-2680 into law, allowing the state to join into one of the fastest growing insurance trends in which consumers will be allowed to display a proof of their coverage over a mobile device screen in addition to the traditional paper format. This provides only one more reason that the smartphone has become a more central part of the lives of the average American. It will now…

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Life insurance industry growth in Singapore flattens

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The results from the first quarter of this year have shown that the total weighted premiums stumbled by 1 percent. Life Insurance Association Singapore has released its data from the first quarter of 2015 and what it has shown is that the industry has experienced a flattened growth rate at the same time that its total weighted premiums fell by a small 1 percent when compared to the same quarter in 2014. When all was said and done, the total weighted life premiums in Q1 arrived at about US$488.68 million…

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American pet insurance industry experiences sales growth

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A new update to the report from IBISWorld has shown that more animal owners are buying policies. IBISWorld has updated the data in its report on the pet insurance industry and has pointed out that as a result of a combination of the increase in the costs associated with veterinary services, and the rising awareness among consumers with regards to coverage options, sales of these policies have been measurably growing. Insurers offering these types of policies have been experiencing rising consumer awareness and acceptance. The report showed that over the…

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