Facts & Articles On The Different Types Of Insurance
Develop Your Domain Names
New Connecticut Legislation Good for Life Insurance Customers
Hartford, CT (PRWEB) March 19, 2008 -- A bill was approved by a Connecticut legislative panel this week that will crack down on life insurance scams, which is good news for consumers in the Constitution State. PlatinumInsurance.Info, a Web site that offers services to consumers looking for life insurance, wants to inform the public of how these and any other changes to the industry will affect them.
The Connecticut Insurance Committee endorsed the bill, which aims to prevent what's referred to as "stranger initiated" life insurance. This could be term life insurance, whole life insurance or universal life insurance, but in most cases it involves senior citizens. The life insurance scam involves life settlements, where an individual sells their policy to another party for the cash value. They get less than the policy would pay out after death, and the new owner collects the whole benefit after the individual dies. Life settlements are not technically illegal, and are often arranged when the policy holder no longer needs the life insurance or has more pressing financial needs.
The perpetrators of these life insurance schemes often prey on senior citizens who do not understand the ramifications of what they are getting into. Scammers approach the individuals and convince them to purchase life insurance and sell it to investors for an agreed upon amount later on. The "investors" do not have any interest in the life of the consumer, and they would in fact profit at this point. Platinum Insurance does not condone these arrangements when they are done with malice, and the original policy holder does not comprehend what they are doing.
Platinum Insurance is available to provide information and advice about this recent legislation in Connecticut, and other events that affect life insurance throughout the nation. To learn more about Platinum Insurance and their helpful information regarding the life insurance industry, visit www.platinuminsurance.info.
About Platinum Insurance:
Platinum Insurance strives to offer the best services for anyone who needs help with life insurance. Their Web site was created for those who want to find out more about life insurance, term life insurance, whole life insurance and universal life insurance. Consumers can find a perfect life insurance policy with experts to help make the right decision.
Every person who thinks about their family and loved ones should get life insurance for their protection. Life insurance allows people to know that their family will be safe if something happens to them, and it can also be used for later emergencies or financial problems. Not many people like to talk about life insurances, but it is something that any person should have. The Platinum Insurance Web site can help consumers to learn more about life insurances and prepare them to find the best policies.
# # #
Other Article Sites
findabook.com moneycd.info a-mortgage.info
about-lemon-laws.info aboutstudentloans.info
all-about-publishing.info auctions-articles.info bestcollege-university.com bestispconnection.com
biblefolder.com blogger-website.com books-used.info brokers-guide.info buywindows.info cable-dsl.info
career-miner.com carpel-tunnel.info cashinaflash.info cashloanreviews.info casinobell.com chat-house.info
clearmycredit.info collegeloantips.info crones.info depression-articles.info
dirnic.net dishguides.info
divers-below.com expodog.info
financewizz.com fire-insurance.info getgood.info handleit.net
it-idea.info
health-supplies.info hosting-right.com insidealert.com insurance-facts.info jobs-employment.info
justgood.info lookgold.net
lowcost-travel.info money-source.info myhostzone.info numisblog.com
peoplesearchfinder.info pr-articles.info realeas.com
refinancing-guides.info spyware-remove.info
telelot.info the-law.info
toppaid.info travel-deals.info travelcorrect.com wedding-guide-site.com
your-blog.info your-credit.info
Term Life Insurance | What is Term Life Insurance
Of all the different options available in the market today, term life insurance is the least expensive and most commonly purchased type of safety policy This type of insurance policy is purchased against the death of the insured for a particular period of time, generally a particular number of years
Term Life Insurance | Buying Term Life Insurance
In today?s world every person works hard to lead a comfortable and secure life for himself and for his loved ones And if you are the person who is the only earning member in the family and who also provides a major portion of your family's income with which they cannot survive, then it becomes very important that you purchase any of the life insurance policy
Term Life Insurance | Things To Consider When Buying A Term Life Insurance Policy
When a person decides to take a life insurance policy, there are many questions which come to his mind That is "What is a term life insurance policy
Term Life Insurance | Points To Consider Before Taking A Term Life Insurance Cover
Term life insurance is an insurance which takes care of your loved ones or your near ones after your death It takes care of your financial mess that you may have created and for which your family may have to suffer after your death
Term Life Insurance | Health-Insurance Its Benefits For A Normal Person
Health insurance is something that most people don't think about very often and yet it is something that when comes foremost to mind when a loved one is sick Health Insurance coverage varies across the world, even across the different states in the United States of America
Term Life Insurance | Term Life Insurance Policy A Must For Everyone
Today everyone needs to think about his or her life What if something will happen to him suddenly
Term Life Insurance | It Pays To Have A Term Life Insurance
Buying a life insurance is always a wise decision for each and every individual However not every one are keen on buying a life insurance
A Life Insurance Comparison: Whole Life Insurance Versus Term Life Insurance
What type of life insurance might fulfill your assurance needs This article is a life insurance comparison about whole life insurance versus term life insurance
Term Life Insurance | Term Life Insurance Can Help Your Loved Ones In Future
There are many rules and regulations in life insurance policy, people just do not have the time to read about the policy and they just sign on the dotted line and accept the policy, however if you can give some time to read the policy properly and take complete knowledge about the policy, you can save make the right choice and save a good amount of money for you
Term Life Insurance Vs Bank Mortgage Insurance
Possibly most people today are aware of the great difference between term life insurance and bank mortgage insurance. People know that the bank owns the insurance (you don't) you have to pay for it (they don't) they are the beneficiary (your heirs are not) and it goes on and on.
Home Insurance Quote: Home & Renters Insurance
Home insurance comes with many responsibilities, one of which is to have adequate home insurance that not only protects you, but also your family If you rent a house or an apartment, renters insurance is also a good idea
Term Life Insurance | How Important Is The Term Life Insurance
There are many life insurance policies available in the market The cheapest out of it can be the term life insurance
SASid and Markel Insurance Company Introduce Short Term Medical Health Insurance for Individuals and Families
SASid, Inc. and Markel Insurance Company announced today that they have joined together to offer short term health plans for individuals and families. With the new Smart STM plans, consumers will be able to purchase health insurance over the internet or through independent insurance agents or brokers. The plans offer affordable, comprehensive health coverage for a broad array of commonly used health care services, and provide online user reviews and tools to help consumers make educated health care decisions.
Term Life Insurance - The Five Most Common Types Of Term Life Insurance Explained
Term Life Insurance is the lowest priced life insurance that is available to consumers. Unlike Whole Life Insurance, Term provides no Cash Value. This means that there are no funds building while you pay your insurance payments (premiums). Term is what is known as "pure" life insurance, with 100% of the premiums paid going toward the payment of your policy.
Term Life Insurance | Term Life Insurance-helping You In Times Of Need
Now days many companies are offering many different life insurance programs, but why is it that term life insurance is the most sought after insurance policy The answer is simple that term life insurance is the most easiest and simple life insurance plan
