There are over 30 ways to structure retirement payouts in the US today. Retiring Americans are most often faced with the choice of getting their savings in a lump sum payment or concluding an insurance agreement that guarantees a retirement annuity, ...
Security and financial well-being of their families is a concern for many people. Whole-life insurance is the best option for those who want to have future guarantees for their family members without spending too much money....
There are 373.5 million insurance policies in the United States. It is 100 million more than the total population of the country. This number includes individual and group insurance policies....
He desperately wanted to become famous, but the court decided otherwise. Young QC will spend the rest of his days in jail because he wanted to kill his mother in order to get insurance benefits, writes The Root....
Some people get a very little income in retirement. Money Morning dispels myths that prevent people from saving up for old age....
The US life insurance industry is experiencing the effects of a decade of low growth. During the period from 2013 to 2018, the annual increase in life insurance premiums was 1.7%, the Ernst & Young report said....
Public officers have good life and medical insurance, which may be better than leading corporate offers, the UNIAN website reports....
According to a survey presented by Unum, about 40% of US adults do not have a life insurance policy. Although the names may be different, life insurance comes down to two main categories: permanent and term. Each type requires a premium that is often...
Even if you are not a stuntman, but ordinary housewife, you should take a closer look at life insurance programs, writes CRCO....
Annuities are insurance or investment contracts that bring investors regular payments. However, some financial experts think the commission of this tool is very high, according to CNBC....
Business Insider published a story of a man who buried a friend....
Economists tend to favor retirement annuities because they are the only way to deal with the uncertainty upon retirement. Consumers are less enthusiastic about this product, MarketWatch writes....
Bestow is an online life insurance company that provides two to ten year life insurance plans. A two-year insurance plan is one of the brand’s unique offers, writes Business Insider....
Women and men in retirement age have different social statuses. The income of the first is lower. Besides, women live longer; therefore they should save more for old age....
When it comes to the adequacy of retirement savings, women find themselves in a losing situation, the Kiplinger.com article says....
Prudential, the fourth largest US life insurance company, intends to reclassify e-cigarette users; they will buy more expensive policies as smokers, reports CBS News....
The insurance will help avoid long lawsuits with victims’ relatives, cover the cost of psychiatric assistance to the injured students and tighten security measures, The Wall Street Journal newspaper reports....
I thought it would be fun to put together some of the more interesting facts and statistics about life insurance in the United States. The criteria for inclusion on this list mostly has to do with how interesting a particular fact or statistic might ...
According to experts, it is necessary to start saving for pension since 20 years of age. Millenials have admitted that by looking at their parents’ lives....
Such insurance provides each victim up to $ 250 thousand pay off, depending on severity of injuries received. Besides, the policy also covers cases of cold weapons and explosive devices use....
