With the near collapse of AIG, the world’s largest insurance company many people are asking questions about the financial soundness of a variety of insurance companies. Here is a potential backstop based on the Guarantee funds that operate in each state in the US.
What To Look For: All insurance companies’ public comments indicate they are [...]

Car insurance is a term that describes the coverage of the risks of your car with the help of an insurance company. The insurance company covers the risk by paying you any monetary losses, in case the risk becomes factual. Hence, having comprehensive car insurance can be very helpful for your budget and for your [...]

When you are looking for a term life insurance policy it is very important that you find out the whole and true picture of the different companies that can supply you with cover, you will want to compare cheap term life insurance rates of all the companies, so that you know you will be receiving [...]

In general, there are two types of insurance agents - independent agents who write for more than one company and contract agents who represent a single company.

Contact at least five different agents. Consider using an insurance broker who can help you comparison shop.
Consider the agent’s office and professional staff. Ask for customer references and contact [...]

You need life insurance to secure financial protection for your family members, especially spouse and children after your exit. Insurance companies offer many plans such as Whole Life, Variable Life, Universal Life and Universal Variable Life. However, choosing the appropriate coverage for you and its benefits for your dependents or beneficiaries is of great importance. [...]

As painful as it may seem, advance planning can help you avoid legal
battles and other emotionally exhausting experiences during one of
the most difficult times of your life. If you have children or complicated
financial assets, it’s even more crucial that you plan now to protect
them later.

Get legal advice. Check your wills. Make sure you are each [...]