Compare Cheap Car Insurance For Peace of Mind

Every state in the United States requires that you carry car insurance on any registered vehicle. The cost of car insurance not only varies from state to state but even from city to city and is determined by your driving record, age, credit history in conjunction with the amount of accidents that occur in the city that you live in annually and the miles that you have to drive each day (higher miles = increased chance of accident). Even if you live in an area where car insurance is more expensive, this does not mean that you will be unable to find cheap  insurance, in fact you can compare cheap  insurance anywhere by using quote tools. When you compare cheap car insurance on the Internet you are saving yourself both time and hassle. This is because when you call an insurance company’s office, or if you choose to go from site to site trying to get a quote, you will have to answer a lot of questions, the same questions, over and over again.

Using a quote tool to compare cheap car insurance means that you fill out that information one time and the quote tool then submits your information to several well established and reputable insurance companies. You get a quote from each company instantly and you are able to compare the insurance information side by side without have to switch back and forth between pages, and without having to make a commitment. Insurance offers you protection both for your car and for the individuals involved in an accident.

If you are the cause of an accident that involves late model cars and includes injuries, the cost for damages can be astronomical, and if you are one of those people who live in a Torte state (this means you can be sued if you don’t have insurance or if you don’t have enough insurance) then it is even more important that you carry all the car insurance that you can afford. If you compare cheap car insurance you can feel confident that you are getting the most bang for your buck and giving yourself maximum protection in the process.

Strategies For Finding Missing Life Insurance Policies

If you have anyone depending on you, life insurance is of paramount importance to ensure their financial safety. Once you have purchased a suitable life insurance policy all the beneficiary needs to do in order to collect the payment, is to give a legitimate copy of the insured person’s death certificate to the insurance company. However, if the policy has been mislaid and cannot be found, how does one go about claiming the money?

How to find a missing policy

As there is no Company nationwide that can assist you in finding the policy, you will have to look yourself. While it may be a cause of some consternation, finding it will ultimately bring about a substantial reward.

Here are nine ways of finding a life insurance policy that has been lost:

I: The deceased probably has files that may contain bank account records, documents, or receipts that are proof of a transaction with the insurance company.
II: Contact people who had business dealings with the insured, perhaps they had a business partner whom they trusted implicitly, or a lawyer who handled all their affairs. These people could provide you with the valuable information you need.
III: The insured may have been prudent enough to buy more than one type of life insurance policy, and could have been content enough with an insurance company to continue doing business with them. Finding any such records will simplify the recovery of the policy.
IV: A company’s HR department would have records of any group policy bought by the deceased, so find and contact their past employers.
V: Some life insurance policies pay expenses, and allow interest income to be earned, so have a look for previous income tax forms.
VI: For twelve months after death, the insurance company will issue premium notices or else a yearly statement regarding policy status will be posted to them. With this in mind, take a special interest in the deceased person’s mail for clues.
VII: Each state has a department of insurance, which is often used by companies trying to find beneficiaries of a life insurance policy. This is because the state department may have the requisite information to find the name of the insurance company used by an individual. Contact this department, and they may help you find what you are looking for.
VIII: In the event of a beneficiary not being found within three to five years, an insurance company may decide to give the state the proceeds for safety. If this is the case, a call to the unclaimed property office of the state could prove fruitful.
IX: When the deceased initially applied for life insurance, they would have to have undergone medical testing. The Medical Information Bureau (MIB) may have information on their database pertaining to the insurance company the deceased was insured with.

Time and Payments

There is no time limit when it comes to claiming on life insurance, yet astonishingly, it is claimed that one-quarter of all policies go unclaimed.Yes, even if a policy is discovered thirty years after the policy holder’s death, it can still be claimed, as long as there are no suspicious circumstances surrounding their death, and all premiums were paid.

If the policy holder dies suddenly, and results in the insurance policy being rendered null and void because the premiums were not paid, the company will always try to contact them to find out the reason. At this stage, the beneficiary can make it known that the policy holder is in fact, deceased. Upon producing a valid death certificate, the beneficiary is legally entitled to every cent due by the terms of the policy.

If the policy holder passes away with no one to claim the money however, the insurance company can either turn it over to the state for safekeeping as already outlined, or hold on to the money until the beneficiary becomes aware of the situation and claims it. No matter what, that money stays available until it is found.

The end result

It is often difficult to locate a missing life insurance policy, especially if it has been gone for a long time. It will take time and effort, but, invariably, putting in the hard yards and finding it will justify every second you spent in pursuit.

How to Find Cheap Life Insurance Policies

Accidents are a very valid concern for everyone. They are the situations that arise at the most unexpected times and inconvenience each individual terribly. The damages that are caused by each accident are varied in their extent ranging from very minor incidents to devastating catastrophes. Accidents are not only of the vehicular kind, being caught in a freak rainstorm without an umbrella is also an accident of sorts. Preparing for every situation life is going to throw at you can be very difficult. There are certain situations that can occur that you never even considered would happen to you. But just because life has thrown you a curve ball does not mean you cannot go on living. In fact, life really waits for no one. That is the reason why we get insurances. These are contingency measures that we take to protect ourselves from serious expenses that may befall us.

There are several different types of insurances that you can get – life, home or building, car or auto, contents, etc. All these policies are designed in different ways to help you prepare for the future, just in case something was to happen to your life or your house or your car. Every individual needs to get a life insurance policy. It is to protect your family from having to deal with the financial loss that will be coupled with the emotional loss if you were to die. This is important especially if you are the breadwinner of the family. Your loss can be a major blow that your family will find emotionally very difficult to deal with. Do you really want them to be in financial problems too?

Getting life insurance is not as expensive as people might think. Yes, there are a number of policies that can be very pricey and have very high monthly or annual premiums but there are those that are cheap enough to be affordable for the average Joe. The way to get the cheapest premium on this sort of policy is to take quotes from all the different companies before you make your choice. In fact, if you hire an agent, he or she will make sure that you get the best policy at the cheapest premium. You can even avail certain discounts and offers that the agent may be able to get for you.

If a full policy is too expensive for you then you can even opt for a Term Policy. This is a policy that has a coverage validity for a specific term that can be anywhere between 1 year to 20 years even. These policies are way cheaper than the full type because they have a set expiry period. If anything happens to your life during this period then your family will be able to make a claim. Also, if you live past the expiry date then you will no longer be covered. Each of the policies has a number of different terms and conditions that you can get from the company or from your agent.

Beneficiaries Of Lost Life Insurance Policies Can Really Use The Money

It is just a shame that money owed to some beneficiaries of lost insurance policies never get to them during their lifetimes. I spoke with some representatives of insurance companies, to see how many, on a daily basis, get phone calls from the public, asking them to search their database for insurance policies. I had one company say 100’s a day. I had another company tell me 1000’s a day and they even elaborated that it was a total waste of the consumer’s time as well as resources and man power of his company. He said that they will never find it if they do not know which company their loved one bought it from. Well, I took this opportunity to explain the need of a central life insurance database to him; telling him that it is a safe and a much needed service. He listened to me for around 10 minutes while I explained the many benefits a central database could have to his insurance customers. Even with him telling me that it was a waste of time for anyone calling his company, he did not want anything to do with the thought of a database. He flatly told me that he did not feel a database was a benefit to his customers, I was surprised.

Now as a insurance agent myself, I took offense to this comment. Isn’t it the responsibility of the agent (regardless of the company they work for) to do what is best for the customer? Don’t you think that registering anyone with life insurance on a central database so their beneficiaries can locate the company name is the best thing for the customer? Well I do. Not only does a database allow an individual to register the company name they have insurance with, it allows the beneficiary with certainty to find the policy you have in place. All an individual would need, to find a life insurance policy, is the company name. Since there are over 2000 life insurance companies in the United States alone, having the company name on a central database will solve a major problem that gets recognized only when it is too late; lost life insurance policies. Hopefully consumers of life insurance will also recognize the need and buy it from agents and agencies that offer to register on a free central database. It is definitely something to think about.