How To Evaluate Low Value Life Insurance In Washington

February 26th, 2010 Posted in General Insurance

11 Responses to “How To Evaluate Low Value Life Insurance In Washington”

  1. sackravale Says:

    When they do there will they can put it in writing what they want done with the life insurance money.



  2. floya Says:

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  3. almer Says:

    Most of the cases in the article were talking about licensing or fraud, but some companies have talked about doing that with employee policies. The corp takes out a life insurance policy on it’s top employees with the corp as beneficiary then sells the contract for quick cash.



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  5. ston Says:

    I do not live in the US, so I cannot give you the namse of comapnies, but, I can give you a little help, as I work for a life insurance company.

    Life insurance contracts(unlike medical insurance contracts) are pretty much carved in stone. A life insurance company is required by law to pay out the claim as long as the cause of death is one which is covered by the contract. Therein lies the issue – people don't know what to ask for, or don't read their contracts.

    Instead of dealing directly with an insurance company I would find an insurance broker who sells life insurance. They will help you to understand the differences between policies and coverage and help you choose one that will be most helpful. (one little piece of advice – if you participate in any sports at all – make sure it's covered – some sports, such as skiing/scuba diving/sky-diving etc may be considered 'dangerous' and require an extra policy rider in order to be covered for accidental death)

    Good luck!



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  7. wecker heim Says:

    that times hav been increasing since wedday…. I worry about my life insurance coz I don't hav it lol :( ((



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  9. base Says:

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  10. panil Says:

    disappointing – nothing to do with topic!



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