Get a Way Insurance

How does free car insurance sound? That’s what General Motors is offering up in a new marketing push to help sell new cars. If you live in the states of Washington and Oregon and you purchase a new GM car you may qualify for a year’s worth of free car insurance from MetLife Auto and Home. “We want to give residents of Oregon and Washington another reason to discover Chevrolet, Buick, GMC and Cadillac vehicles,” said Chris Perry, U.S. vice president of General Motors Marketing, according to The Car Connection.

The free insurance deal runs through September 6 and includes both liability and physical damage coverage. It exce

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Annuity sales are being influence by increasing emotion and a desire by buyers to secure their retirement, not accumulate wealth, a new report finds.

Cathy Weatherford

Increased market volatility, shrinking retirement savings, and the disappearance of pensions have investors taking a long hard look at the value of annuities in their portfolios, said Marie Rice, custom research practice director at Cogent Research, in a statement.

The report, released by Cogent Research and the Insured Retirement Institute (IRI), found that nearly two-thirds (65%) of advisors who sell annuities indicate that guaranteed income options are expected to increase in importance over the next five years more so than any other factor.

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Beazley, a risk insurance and reinsurance company operating through Lloyds syndicates, has been selected by CalSurance Associates, a division of Brown & Brown of California, as Information Security & Privacy liability insurer for insurance agents and other financial services professionals.

CalSurance will offer Beazley’s flagship product, Information Security & Privacy Insurance with Electronic Media Liability coverage, according to insurer.

Beazley’s Information Security & Privacy Insurance offers multi-faceted protection for both the expenses and the legal liabilities associated with data security privacy breaches – exposures not typically covered by traditional insurance policies.

CalSurance executive vice president Tom Hext said the program partnership with Beazley with great enthusiasm and a high level of commitment to this partnership and to insureds.

“We will work hard together to offer a true value proposition to our insureds through a combination of unparalleled service and enhanced product offerings,” Hext said.

You’ve likely heard the news about the “new” refinance program that was recently announced to help underwater homeowner’s refinance and take advantage of our record low mortgage rates. Rather than expecting you to sort through all of the media hype I wanted to take a few moments to give you a quick overview of what we know at this point.

 
First off, this is an expansion of the “Home Affordable Refinance Program” or “HARP” rather than a whole new program.

To be eligible you must:

• Have a mortgage owned by Fannie Mae or Freddie Mac. We can help you

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Continuing this list of reasons to own permanent life insurance:

• To replace the value of a home in a reverse mortgage:  Many consumers may want to tap into the equity of their homes by using reverse mortgages without eroding their familys inheritance.  Funds from the proceeds of a life insurance policy can replace the equity taken out of the home via the reverse mortgage.

• To own an asset that is not a factor in determining eligibility for financial aid:  As a general rule cash value from life insurance policies are not considered an asset when determining eligibility for financial aid for college.

• To replace a charitable gift:  If you wish to leave certain assets to charity upon your death, proceeds from a life insurance policy can replace the donated assets that would have been inherited, such as taxable retirement accounts.

• To provide life insurance to unhealthy individuals owning term life insurance that is set to expire:  Uninsurable or unhealthy term policyholders can convert their term life policy to a permanent policy (in most cases) within the same health class they qualified for when acquiring their term policy.

• To replace a trust that terminates at the death of a beneficiary:  Certain trusts terminate at the death of the beneficiary.  Using trust assets to purchase life insurance during the beneficiarys lifetime means a person can continue ones legacy to his/her heirs.

While permanent life insurance is the policy of choice for many reasons, the majority of people will benefit from a term life insurance policy.  To get an idea of the cost difference between term and permanent insurance, you can get term life insurance quotes or universal life insurance quotes at LifeInsure.com.

Only three years after taking partial responsibility for one of the largest financial crises in American history, American International Group (AIG) is slowly reentering the very business that contributed to its near collapse: securities lending. The life insurance company disclosed that they were taking this route to boost its income after revealing a $4.1 billion net loss in a third-quarter regulatory filing.

Ever since the life insurance company nearly collapsed at the end of 2008 and was saved by the government through bailouts in the following months, it has struggled to get back on its feet. Rece

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One week on and the riots have left an ugly scar on the UK landscape and prompted a deluge of questions.

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