Live Insurance News

Life insurance companies discriminate against marijuana users

April 1, 2014March 29, 2014 Julie Campbell

A newly published report suggests that insurers require these consumers to pay more for policies. A website that provides consumers with life insurance quotes has now released a new report that suggests that people who use marijuana will usually have to pay more for their policies than people who do not. The report is drawing industry attention from both insurers, agents, and consumers alike. This recent news was published under the title “Marijuana Users Discriminated Against by Life Insurance Companies.” It was released on the LifeAnt website and explained that…

Thinking of Lying on Your Life Insurance Policy? Don’t

July 28, 2013March 1, 2014 Guest Author

Honesty really is the best policy if you want to live a great life as well as a great life insurance plan. It is also important to be honest when it comes to life insurance. Because if you don’t, you could potentially hurt your beneficiaries. Read on to learn what is important when it comes to life insurance. First off, let’s explain what life insurance can do for you. Life insurance is a type of insurance policy that offers people you designate as beneficiaries money if you were to pass…

Life insurance will be experiencing higher premiums for term policies

May 9, 2013May 25, 2013 Julie Campbell

In an environment with low interest rates, the cost of the coverage is on its way up. According to the data that has been released by an online life insurance comparison agency, term policies are becoming more expensive and are slightly more difficult to find than they used to be. This news comes after a decade in which prices had been consistently plummeting to record lows. However, the latest research from IntelliQuote has shown that the premiums that are being quoted for term life insurance policies increased by an average…

Fitch Ratings suggests Thai life insurance sector is stable

December 2, 2012November 30, 2012 S.Vagus

Fitch Ratings report highlights stability of Thailand’s life insurance industry despite natural disasters A new report from Fitch Ratings, a global rating agency, suggests that the Thailand life insurance sector will see healthy premium growth well into 2013. This growth is being attributed to growing population affluence and increase awareness and protection in the wake of recent natural disasters. Thailand has been battered by a wide range of catastrophe’s the most costly of which was a recent flood that caused severe disruptions in global supply chain for numerous industries. These…

Life insurance in India becoming less profitable

November 26, 2012April 30, 2013

The premiums collected from this coverage sector have dropped by 2.33 percent compared to 2011. The latest life insurance news from India is that premiums collected during the third quarter, which ended on September 30, have experienced a year over year decrease by 2.33 percent, said the most recent report of the Insurance Regulatory and Development Authority (IRDA). This drop has been blamed on the overall slowing in economic growth. This, according to Namo Narain Meena, the Minister of State for Finance. The minster explained that as a whole, there…