Nationwide Breaks Charitable Giving Record

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by Brandon Nguyen January 03, 2012 in Insurance Quotes

Across the country, more than 800 United Way chapters benefit.

Nationwide’s annual United Way campaign pulls together employees across the company. That’s never been as true as it was this year. More than 72 percent of Nationwide associates pledged during the 2011 campaign, breaking last year’s participation record. Combined with agent and retiree pledges, employees raised more than $7.7 million.

“Nationwide’s commitment to making a difference in the community is truly driven by our people, who have once again demonstrated what it means to be On Your Side through their support of United Way,” said Gary Douglas, president and COO of Nationwide Agribusiness and chairman of Nationwide’s 2011 United Way campaign.

The campaign dollars will go to more than 800 local United Ways across the country, based on ZIP codes selected by participating associates. These local o

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Life Insurance Scammer Fails to Show for Sentencing

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by Brandon Nguyen December 16, 2011 in Insurance Quotes

An arrest warrant was issued for Bridgette Buckner, a 50-year-old woman charged with two counts of mail and wire fraud, for failing to show for sentencing August 17. Buckners insurance fraud had yielded her close to $70,000 before the Chicago womans criminal activities were halted by law enforcement.

Bridgette Buckners Criminal Road to Riches

Buckner began her criminal pursuits as an insurance scammer when, in 2007, she filed three separate claims with her employer, HSBC, totaling $60,000 for the deaths of her two young children and her FBI husband who had died in the line of duty. With forged and fake documents in hand to back up her claim, she was awarded thousands and left HSBC to begin working for Hallmark Services Corp., the next and last employer to be a victim of her fraudulent activities.

Only a few months into her employment with Hallmark, Buckner filed yet another claim for the death of a fictitious child, landing her a quick $10,000.

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The View From the Ground

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by Brandon Nguyen December 02, 2011 in Insurance Quotes

Nationwide catastrophe response team members reflect on the year’s storms.

Over the course of spring and summer 2011, hundreds of Nationwide casualty claims associates volunteered to travel into storm zones to help customers file claims and begin rebuilding their homes, businesses and lives.

“Our hearts continue to go out to those who lost their homes, family members and friends,” says Mike Pollard, regional vice president in the Allied Insurance Lincoln Regional Office. Allied encompasses the independent agencies that are a part of Nationwide.

Here are reflections from some of the Nationwide and Allied staff that served on the summer’s catastrophe response teams.

Courtney Stroud, Field Claims Specialist: The losses were just devastating. Not only had people lost their homes and their belongings, but many also lost family, a friend or an acquaintance. They co

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Accelerated Death Benefit Rider for Terminally Ill Life Insurance Holders

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by Brandon Nguyen November 25, 2011 in Insurance Quotes

If you have an accelerated death benefit rider on your term life insurance policy, you will be able to draw out some of your insurance benefits before you die so that you can cover some of the expensive treatment that goes along with a terminal illness. Accelerated death riders were created in the late 1980s so that AIDS patients could access additional money from their life insurance policies. Today, accelerated death benefits are available for patients with almost any kind of terminal illness if they are expected to live less than a year.

Only Available on Term Policies

Accelerated death benefit riders are only available with term life insurance policies. Whole life policies already offer the policyholders options for borrowing against their benefits before they die. A term life policy does not provide any way of drawing benefits before the death of the policyholder unless the policy includes an accelerated death benefit rider.

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