22 States Reach Life Insurance Agreement with Boston Insurer

April 25th, 2011

John Hancock Life Insurance Co. has reached an agreement with nearly two dozen states to settle a dispute over how the Boston insurer pays life insurance policies and annuities. The move comes after 35 states and the District of Columbia audited the company, alleging that it abuses its policies and contracts, not paying properly after a person dies.

John Hancock Mismanaged Beneficiary Funds

The insurance company is required under its contracts to properly pay beneficiaries after a policyholder dies.

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Tags: Boston Insurer, Insurer, Life Insurance

69 Percent of Single Parents Lack Life Insurance

March 23rd, 2011

Obtaining life insurance is a huge challenge for 69 percent of single parents, according to a new study conducted by Genworth Financial. The study found that unmarried parents, especially those with children living in the home full-time, are the largest group of people without life coverage.

Single Parents Struggle to Buy Coverage

Parents who are unmarried or divorced struggle the most to secure life insurance for their families. According to the survey, in addition to the high number of single parents struggling to buy coverage with children in the home full-time, 59 percent of single parents with children in and out of the house are without life insurance.

This is compared to 45 percent of married parents with children in the home that carry coverage and 49 percent of the entire U.S. a

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Tags: Insurance, Life Insurance, Single Parents

Biggest Failed Attempts to Collect Life Insurance Money

January 11th, 2011

We always hear stories of crazy individuals taking the lives of their loved ones to claim life insurance money. It happens so often that many people spend time scrutinizing potential beneficiaries so that they don’t have to fear being poisoned in the near future.

The good news is that among the tragic cases are some murder attempts that have failed. Let’s look at some of the biggest failed attempts to collect life insurance money by beneficiaries.

1. Anti-Freeze Poisoning Doesn’t Equal Ecstasy for Criminal Wife

Kate Knight, a young wife from the United Kingdom looking for some extra cash, was all about filing a life insurance claim after her husband’s untimely death. There w

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Tags: Insurance Money, Life Insurance, Life Insurance Money, Money

Life Insurance Quotes CA, Life Insurance Plans California

December 16th, 2010

www.rapidquoteins.com – Rapid Quote Insurance offers Life Insurance Quotes, Online Life Insurance Plans in California, Life Insurance Rates, CA life insurance, affordable life coverage, Insurance Rates, Los Angeles life insurance, affordable life coverage video.

Tags: California, Insurance Plans, Life Insurance, Life Insurance Plans