Business Insurance Group

Mapfre signs agreement with Dah Sing to provide road assistance

Mapfre Assistance subsidiary Road Assistance China has signed an agreement with Dah Sing, a Chinese insurance firm to provide two new services for itsclients.

Under the agreement, two companies will collaborate to offer Road Assistance Services in the form of Road Assistance and Accident Report Management for taxis and the Dah Sing car insurance policies.The extension accord was initially signed in 2011 to provide Windscreen Protection services for its clients, as reported by Insurance Insight.Spain-based holding company, Mapfre offers range of insurance policies, pension funds and pension plans, management of investment funds and other financial operations processing services to individual and businesses.Mapfre has 430 branches, 2,628 franchise branches in addition to 18,696 agents and associates across Spain, where it principally operates.

Advantages Of Getting A Car Insurance Policy

It is very important to get your car insured as it helps you to stay protected from being liable for your own or someone else’s property. If your own an insurance policy for your car, the can claim for the repairs to the insurance company. And this is because you need to pay premiums for the protection of both you and your car. If you own an insurance policy, No matter, who is at the fault you do not need to pay money from your pocket. The estimated amount for the vehicle will be deduced at that time. In most the places, getting a car insurance policy is compulsory and the policiesof insurance provide you different types of coverage and benefits. S Full Post…

Did We Not Mean Enough?

By the time I was 25 years old, I fully understood the value of life insurance and planning for the unexpected.

My father died suddenly at the age of 44 without life insurance.

I remember leaving college and going home for the funeral. My aunt pulled me aside and told me the family was pooling money together to pay for the expenses. What could I give?

We all did what we could. It was not enough to cushion my family from the financial deficit my dad had left behind.

Although my story is not uncommon, now as a financial services professional with more than two decades in the field, I know it is unnecessary.

When my dad (at right) died, I was still in college.

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Nearly Half Of The Uninsured Believe The ACA Won’t Affect Them

Be sure to check out this Colorado Health Foundation interview with Karen Pollitz, MPP.  Karen is a senior fellow at the Henry J. Kaiser Family Foundation, and shes also a two-time cancer survivor.  So shes well versed in research associated with healthcare consumer protections and health insurance transparency, and shes also got plenty of experience with our healthcare system from the patient side of things.

One of the most interesting parts of the interview is the discussion about Americans awareness of the ACA details, and their expectation of whether the bill will impact them directly.  Karen notes that a poll conducted by the Kaiser Family Foundation last August found that only half of uninsured Americans had a good understanding of the main provisions of the ACA.  Th

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Life Insurance or Death Insurance?

Having been in the life insurance business for as long as I have, I have often wondered why it is called life insurance rather than death insurance.  After all, you can purchase Accidental Death insurance, you can buy Accidental Death and Dismemberment insurance, but when you purchase a policy to pay your beneficiaries in the event of your death, you buy Life Insurance.

In many of the promotional materials I read about life insurance, its rare to read about the Death Benefit.  You dont often see the words Death, Dying, or other words signifying the end of life.  After all, who (other than casket manufacturers and undertakers) want to talk about death?

In the early days of life insurance, there was a method of selling the product which was often called, backing the hearse up to the door.  With this method, the agent would paint a picture to the wife of the prospect of funerals, of life without a partner, of children running around without shoes, etc.  While I dont, for a minute, want to degrade the wonderful uses of life insurance, I have never been a fan of that type of sale.

Life insurance really is death insurance, as it pays a benefit at the death of the insured, but it would be tough to start conversations by saying, lets talk about your death.  Its not a subject I like to talk about too much, so I understand the insurance industrys use of the label Life Insurance.

There are living benefits to be had with permanent life insurance policies, such as Whole Life Insurance.  With a cash-value build-up, there are living benefits, such as having enough funds for retirement, college funds for the children, or cash to use as you wish like take that trip to Europe that you never got around to doing.  Even though there is a death benefit, I can see calling this life insurance.

Term life insurance, on the other hand, without any cash-value component like its whole life cousin, is really pure death insurance.  There are no living benefits, unless you consider that there are living benefits in knowing that your family will be able to continue living in the lifestyle you set up for them.

Come to think of it, the naming of this insurance product isnt much different than other types of policies most people purchase auto insurance and homeowners insurance.  After all, we dont call them car crash insurance and your home is damaged by a fire insurance.  We do, however, purchase flood insurance and earthquake insurance (at least in California).

 Call it life insurance or death insurance, whether you purchase term or whole life insurance, if you are married and have a family. you should

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Affordable Health Insurance to Cover Medical Bills

Health insurance is very essential for every person. Nobody has watched the future, anytime a person can get any kind of problem at anytime. If you think that you are always safe then it might be difficult for you, because you can not always predict for the best.

However you should always think positive. This is necessary for you, but accidents and medical problems can be occurred at anytime. It might that you have not done any mistake even then you are suffering from problem. If you met with any accident and the hospital charges are high then who is going to pay your bills. At this time major medical coverage helps to solve entire of your problem.

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Medical Debt Toll in California Highlights Need for Affordable Health Care

A new report highlights the toll medical debt has taken on Californians. In 2009, 2.6 million non-elderly Californians had some kind of medical debt, according to data. The report highlights the need for implementation of the Affordable Health Care Act.

Compared to 2007, there were 400,000 more Californians with medical debt in 2009. Half of

“No Californian should have to take on debt to pay medical bills or go without access to health care just because they lost their job,” said Shana Alex Lavarreda, lead author of the report and director of health insurance studies at the UCLA Center for Health Policy Research.

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Dog Park Etiquette Part I

For many dog owners, dog parks are a necessary part of life. They’re a great way to let your dog burn energy, socialize and get a change of scenery. But what happens when your favorite park starts to go south? We recently asked pet insurance enthusiasts to share their biggest dog park pet peeves on the Pets Best Insurance Facebook page. Read and take heed, so you can avoid being “that guy”, so to speak.

1. Follow Park Rules Most parks have posted rules that cover the basics – no smoking, clean up after your dog, use a leash when coming and going, etc. But som

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