Insurance Machine

Most of us get our health insurance through our employer, or by being the spouse or dependent of someone who gets their health insurance through their employer. This is probably the most "consumer-friendly" kind of health insurance you can have, although it is not entirely without its faults.

Some of the basic features of job-based coverage include:

Guaranteed issue - All employees are accepted for coverage, regardless of their health status.
Guaranteed renewability - Your health insurance cannot be cancelled if you become sick.

Workers Comp Self-Insurers Concerned by Increasing Number of Bankruptcies

Dec 15,2008
With the continuing deterioration of economic conditions and the increase in bankruptcies, across the United States managers of self-insured workers compensation guaranty funds are expressing their fears that they will have to assume more employers' claims payments.

A life insurance premium is a regular amount paid to an insurance company to purchase a policy and to keep it in force; in return the insurance company agrees to pay your nominee or beneficiary a sum of money upon your demise. In the event you suffer total and permanent disability, the payment will be made to you; in these circumstances the money is usually payable in installments.

How is your life insurance premium calculated?

In its recent report on the insurance industry, judging from the likelihood of sector-wide weaker operating performance, S&P has said that it has revised its projected outlook on the U.S. personal lines insurance sector to negative from stable. This sector includes automobile and homeowners' coverage.