Insurance Plan Selection Blog

Several California health insurance companies announced that they will agree to delay planned rate hikes for 60 days. The delays come after state Insurance Commissioner Dave Jones asked the companies for time to review the increases.

People with Individual Policies Avoid Hikes for Now

Aetna, Anthem Blue Cross and PacifiCare have all agreed to delay their hike increases for people with individual policies while the commissioner takes time for review them.

Anthem had planned to increase rates on April 1 by an average of 9.8 percent for 683,000 individual policyholders in California.

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What is Renewable Term Life Insurance?

Renewable Life Insurance comes in two basic forms Annual Renewable and Convertible Term.

Annual Renewable Life Insurance automatically renews your life insurance policy at the end of each one-year term period. Usually your life insurance premiums will increase each year.

Convertible Term Insurance allows you to convert your term life insurance policy to a whole life insurance policy. There is usually no additional underwriting required, so you shouldnt have to take a medical exam in order to qualify for coverage.

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I was lucky enough to hear Benjamin Gentry, (a graduate student in the Communication, Culture and Technology program at Georgetown University) speak at last year’s ACLI Legal and Compliance Section Conference. We have continued a dialog about issues related to insurance advertisements and social media. We are both preparing to speak at separate engagements in April and it has been helpful to bounce ideas off each other. He recently sent me this NYT article from November 2010.

As I read it, I couldn’t help but think of the many ways in which the social media management technology, as discussed in the article, could (and should) lead to changes in the way insurance advertising is regulated by state insurance departments. Muc

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When a news reporter quips, “The accident is being blamed on the recent snow storm…” it always gets a chuckle out of me. If you are in an accident, and did the hitting, you are at fault. Road conditions certainly play a role in many accidents, but it is up to you as the driver to adapt to those conditions and safely operate your car. The snow may contribute to your accident, but it was caused by you over-driving the conditions and losing control of your vehicle.

Driving in winter poses many special challenges. If you live in the northern part of the country, it is dark when you leave for work and dark when you head home. Storms can down trees and power lines, making your normal route impassable and forcing detours. E

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Overseas education is a dream for most Indian students. Getting an opportunity to live that dream is possible for few students every year. While travelling abroad to pursue higher education, students need to be aware of the need for medical insurance coverage. TATA AIG student insurance can cover the Indian students from medical expenses while abroad for education. TATA AIG student insurance guarantees effective medical coverage in case of an emergency.

Students looking for an effective student health insurance at an affordable premium cost can purchase TATA AIG overseas student insurance policy. There are three types of plans under TATA AIG student insurance available with $50,000, $100,000 and $250,000 maximum medical benefits.

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Ping An Insurance (Group) Company of China Ltd. (SHSE: 601318, SEHK: 2318) recorded more than CNY 226.56 billion in premium revenue in 2010 in terms of the standards prior to new accounting principles, according to an announcement it posts on January 18.

The premium income from Ping An’s life insurance, property insurance, health insurance and endowment insurance units stood at over CNY 159.06 billion, about CNY 62.12 billion, nearly CNY 200 million and more than 5.18 billion entire last year respectively. T

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