Live Insurance News

Post Office reveals the most common misconceptions about life insurance & answer what is covered by life insurance

November 29, 2022December 21, 2022 Guest Author

insurance claims and what you need to do

The most common misconceptions surrounding life insurance relate to how the policy pay out works and how life assurance differs from insurance. Providing financial security for their family is named the most popular reason for taking out life insurance. Policy holders were just as likely as those without life insurance to fall victim to misconceptions. Almost a fifth of people (18%) with life insurance do not understand the terms by which their beneficiaries would get a pay-out from their policy in the event of their death according to a survey…

Insurance survey shows Americans receiving more opioid prescriptions than ever

July 4, 2017June 30, 2017 Julie Campbell

The research shows 1 in 5 people received an opioid painkiller prescription at least once in 2015 alone. A new insurance survey conducted by Blue Cross and Blue Shield revealed that over one in five Americans were prescribed opioid painkillers at least one time in 2015. This was based on claims data from policyholders covered by that insurer. Moreover, opioid addiction and dependence claims have skyrocketed by 500 percent from 2010 to 2016. The report on the insurance survey involved data based on coverage for 30 million people across the…

Survey highlights consumer interest in health insurance coverage

December 16, 2013December 13, 2013 Logan B.

Some consumers may opt for fines rather than insurance Princeton Survey Research Associates has released the results of a new survey that suggests many people may be willing to pay fines rather than purchase health insurance coverage in the U.S. According to federal law, all U.S. citizens must have active health insurance policies beginning on January 1, 2014. Those failing to meet this requirement could face fines that could be as much as 1% of a person’s annual income. While the law is meant to institute financial penalties in January…

Survey: “Would You Trade Your Privacy For Lower Car Insurance Rates?”

March 27, 2013April 14, 2014 Guest Author

Survey and Guide by CarInsuranceCalculator.info According to a recent press release, the NHTSA aims for all cars manufactured after 2014 to come with a little black box (Event Data Recorder – EDR). Proponents stress increased safety and savings on insurance premiums, while opponents underline the threat to privacy and even forecast increased premiums; CarInsuranceCalculator.info wraps up and issues a survey to ask consumers how much do they value their privacy. The initiative by The National Highway Traffic Safety Administration (NHTSA) would require all cars manufactured after August next year to…

Insurance news from U.S. policyholders reveals they’re spending more

January 21, 2013April 30, 2013

37 percent of American survey respondents say they spent more over the last 12 months. The results of a survey of policyholders in the United States are making insurance news as they have revealed that Americans believe they have spent more for their coverage over the last year. The majority feel that the reason for this increase in spending is due to higher premiums. Among the participants in this Princeton Survey Research Associates International insurance news making study, 37 percent claimed that they had spent a larger amount last year…