New Survey from Harbor Life Settlements Reveals Knowledge Gaps That May Be Costing Life Insurance Policyholders

life insurance gaps

Harbor Life Settlements, a company dedicated to helping people unlock the value of their life insurance by making the life settlement process straightforward and transparent, today announced the key results of its 2020 Life Settlement & Retirement Survey. Harbor Life conducted a national survey of 1,702 U.S. adults to better understand people’s knowledge of life insurance benefits and options, with the goal of uncovering insights that help individuals make better decisions around financial and retirement planning. Overall, Harbor Life’s study revealed that while 70% of U.S. adults have life insurance,…

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Toyota Insurance partners with Swiss Re European risk rating system

Toyota Insurance - Red Toyota Car

The automaker has announced that it is joining the insurer’s vehicle risk rating system. Toyota insurance has become the latest partner in the Swiss Re platform that assigns a vehicle risk score to make it easier for insurers to calculate premiums that take new safety features into account. This new partnership will apply to the Toyota and Lexus vehicle models rolling out in Europe. By way of this partnership with Toyota Insurance Services (TIS)/Toyota Insurance Management Europe, Swiss Re’s Advanced Drivers Assistance Systems (ADAS) risk score will be extended to…

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Men buy more trip insurance but are also riskier travelers, survey

Trip insurance - airport during COVID-19 pandemic

Berkshire Hathaway Travel Protection research shows that men are more willing to take travel chances. While men are more likely to purchase trip insurance before they travel, they’re also more inclined to take risks amid the COVID-19 pandemic crisis, found a Berkshire Hathaway Travel Protection survey. Women are more likely to comply with government safety and health guidance. The survey also showed that while women are less likely to buy trip insurance, their travel is less risky. They are more likely to follow government recommendations for health and safety. Moreover,…

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New York charges Johnson & Johnson with opioid claim insurance fraud

Opioid claim insurance fraud - pills - gavel

The state filed civil charges at the end of last week, accusing the firm of downplaying risks. Last week, the state of New York filed civil charges against Johnson & Johnson of opioid claim insurance fraud. It accused the company of downplaying the risks associated with these painkiller medications, including to patients who are elderly. Governor Cuomo said the charges follow a probe conducted by the state regulator. New York Governor Andrew Cuomo said the opioid claim insurance fraud charges by the state’s Department of Financial Services result from that…

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Discover the most popular Forex strategies in South Africa

forex trading terms

Every day, the foreign exchange sees volumes reaching 6 trillion US dollars. Thanks to modern technologies, anyone can access the market online. Forex brokers in South Africa provide cutting-edge solutions for trading from home. But how should you choose the right strategy? Basics of Forex Strategies Strategic thinking is important for any trader. The currency market never stands still. Rates are always in flux. Hence, it is not easy to predict the best entry or exit point. Traders have multiple price charts at their fingertips. However, you need to think…

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Gainsco insurance company to be acquired by State Farm

Gainsco insurance - business deal - handshake

The acquisition is reported to be for $400 million, according to a news release last week. State Farm and the Dallas-based Gainsco insurance company have come to an agreement in which the former will be acquiring the latter for $400 million. The 98-year-old industry giant has never acquired another insurer in its entire history. The deal will have State Farm purchasing all of the Gainsco insurance company’s stock. The acquired insurer will continue its operation as a separate business. However, in time, the two companies will start the process of…

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Is Mutual of Omaha Burial Insurance Right for Seniors Above 60?

what is burial insurance

The next of kin of those who pass away end up facing many costs to contend with, including burial expenses. Insurance coverage for this specific purpose taken in your lifetime duly protects your dependents by offering adequate support. A burial life insurance policy is designed to safeguard your family, left behind to deal with your passing’s financial consequences. To cover the costs associated with your cremation, burial, and funeral service, opt for Mutual of Omaha burial insurance. Expenses that arise after death are significantly high, to the tune of thousands…

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