Swiss Re Steps Up Microinsurance Initiatives in Developing Countries

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by Danielle Bailey October 27, 2011 in Insurance News

Global reinsurer Swiss Re have added to their impressive international microinsurance platform this month with the announcement of a new three-year partnership with USAID to provide customizable, market-based insurance products for vulnerable communities throughout the Americas, Africa and Asia.

Microinsurance refers to insurance products designed to provide basic, inexpensive cover for low-income individuals and families who require protection for typical risks including the affects of severe weather conditions, healthcare, crop, life and non-life products. Microinsurance offers vital security options for populations that need insurance protection but until now have been unable, or even aware of, the ability to afford the relatively high cost of coverage. The premiums and coverage are kept at a low level in order to make the products affordable and attractive to these first time policyholders. For the insurers meanwhile, microinsurance presents a key commercial opportunity due to the high volume of available policyholders combined with low cost margins.

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Health Care Reform Disputes Move to Supreme Court

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by Danielle Bailey October 17, 2011 in Insurance News

The Obama administration and its challengers are taking their fight to the Supreme Court to address the the ongoing debate over whether the health care reform law should be deemed constitutional. The debates have been pushed through various circuit courts around the country over the past year, but the fight may reach its final destination in a few short weeks if filings are approved in time.

States Continue Fight to Repeal Health Care Law

Ever since the health care reform bill, named the Patient Protection and Affordable Care Act, was signed on March 23, 2010, various states pushed to have part of reform deemed unconstitutional. 14 states sued stating that the health care law should not include a mandate requiring Americans to purchase health insurance, claiming that it exceeds Congress’ power to regulate commerce, violates the Constitution and forces unnecessary costs on struggling citizens.

Within a few months, the number of states suing against the health care bill jumped to 26 with lawsuits popping up around the country. Som

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Car insurance rate comparison is more comfortable online

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by admin October 16, 2011 in Insurance News

All states require that drivers carry liability insurance on their motor vehicles. Many states have requirements for minimum amount of auto insurance coverage to be achieved. Drivers can get free insurance quotes online and shop for affordable auto insurance in the comfort of their own home.

When the vehicle’s insurance, it is important to use a car insurance company, which has a reputation as a sound and reputable. Well known names should be a good choice. If in doubt, check with the Better Business Bureau. There are probably local agents for many companies in the local neighborhood that can be called auto insurance rates as well.

Most people are busy and have no calling hours or visit local insurance agents to get quotes. Read more…

Aspects to Consider When Choosing Term Life Insurance

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by admin October 12, 2011 in Insurance News

Buying a life insurance is indeed a big purchase, so you must not hesitate to take the necessary extra steps to make sure that the purchase decision you are making is the best one for the situation. There are several aspects to consider when choosing term life – especially if you are serious about getting the best life insurance coverage nonetheless – and we are going to discuss them in this article.

Finding the cheapest term life insurance policy to purchase is certainly not the best approach in finding the most beneficial policy for you family’s protection. Instead, you should focus more on the death benefits offered as part of the insurance policy you plan on buying. If you want to keep the term life insurance affordable, calculate the right amount of death benefit your family needs and adjust your term life search accordingly.

It is also critical that you opt for a term life policy with guaranteed renewability. As Read more…