Molex employees and their families can now take advantage of enrolling in the credit union for free today, reaping many of its many advantages as members. Molex shall provide Fleischhacker and his eligible dependents dental coverage through his Retirement Date in accordance with his active employee plan. Life Insurance Molex provides life insurance as part […]
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Introduction Many industries are experiencing rapid and significant changes, so change is now the only certainty. The Reinsurance industry is not an exception. This is made worse by the current economic climate. Broking houses and Reinsurance companies continue to use worldwide strategies to increase customer service and productivity. Due to stricter compliance, tighter controls have been implemented. Over […]
In April, the media commented on insurers’ massive price increases for their Mortgage Payment Protection Insurance. (Guardian 14/04/2009). This trend continues unabated. They reported that Hitachi and Cardif-Pinnacle had increased their rates by 40%. They also joined Norwich Union, who in January 2009 imposed a 30% rate hike. With the Legal and General joining the bandwagon for rate […]
Life insurance is purchased to pay a benefit. A dollar amount to be paid to your beneficiary upon your death. You can also save money with it. There are several types of life insurance policies. This article will provide a summary of each type as well as some benefits that it can offer to your particular situation. Insurance companies […]
Because our financial goals and circumstances are different, there is no one “Rule of Thumb” that will tell you what insurance or how much. It is important to engage a Financial Consultant/Insurance Representative to ensure that they are able to provide their services and advice and prioritize your financial needs based on your present financial situation. […]
Denied – Underpayment – Harassment This is a very common story. The insurance company declines to pay the claim, or offers less than 40% reimbursement for the house that has been set on fire. The policyholder informs the company about the flat-screen TV she purchased in her family room, but she doesn’t have her receipt because it […]
Final Expense Insurance can help make the process less stressful. Final Expense Insurance can be purchased to ensure that funeral costs are paid when you die. Surprised to find out that the current average funeral cost is $8,000, but it could rise in the future. Are you willing to pay the funeral costs yourself or let your family […]
Are you looking to buy a condominium or timeshare? If yes, it is important to know what an insurance valuation is. Let’s take a look at the subject for a quick overview. What is an insurance valuation? An insurance valuation (also known as an insurance appraisal) is a third-party, objective assessment of the property’s replacement costs […]
Payment Protection Insurance, also known as loan insurance, is designed to help you make monthly loan payments in the event that you become unable to do so due to illness or redundancy. Customers who misrepresent their PPI may have their debts erased and the insurance refunded. It is estimated that 85% of customers purchase protection insurance […]
Insurance industry advocates for more proactive police involvement in combating fraudulent motor accident claims. The Insurance Fraud Bureau found that organized cash for crashes claims has decreased by 11% over the past two years. However, this was only in areas where police are heavily involved. Fraudulent claims are also rising in areas where there is still little […]