The moral of this infographic is this: don't commit insurance fraud. Even when it's not this extreme, you will still get caught. It's never a good idea to try to profit from "gaming" huge corporations. Plus, it's illegal. So just for fun, here are the reason why you shouldn't commit insurance fraud... Infographic: Top Quote … [Read more...] about The Weirdest Insurance Fraud Claims of All Time [Infographic]
Insurance
5 General Insurance Buying Mistakes to Avoid
No matter whether you are looking for health insurance or income protection, effective insurance planning is a must. There are, unfortunately, so many individuals that are forking out their hard earned cash on a policy that is simply not right for them and their financial situation. With that being said, read on to discover five of the top general insurance buying mistakes you … [Read more...] about 5 General Insurance Buying Mistakes to Avoid
Is Life Insurance With No Exam a Good Option?
Note from Kalen: Ironically, I'm going in for a life insurance exam today, so I thought this article would be appropriate. This is an interesting option. With a traditional life insurance policy its typical for the entire process to take between 6 to 8 weeks from the point of the application to approval. However, recently there have been a rise in simplified issue life … [Read more...] about Is Life Insurance With No Exam a Good Option?
Insurance Inflation: Why You Need to Pay Attention
I'm sure you know you should always read your insurance polices carefully. Insurance companies like to make you think they are offering more coverage than they are. They also like to distract you from reading the fine print. In fact, some insurance companies can completely drop your coverage just because you use it. What? That's right, in certain states, insurance … [Read more...] about Insurance Inflation: Why You Need to Pay Attention
How to Determine the Best Age to Take Life Insurance
Most youngsters think that they do not require life insurance, and hence, they ignore it. They neglect the benefits it offers them because they feel it's not meant for them, so they simply take it because of statutory tax deductions. It is okay for them to feel that way, especially if they don't have familial responsibilities. However, they should remember that there are … [Read more...] about How to Determine the Best Age to Take Life Insurance