BUYING LIFE INSURANCE TO COVER ELDERLY PARENTS
Consumer contracts – plain English please! » wordsmadeclear.com
Mar 3, 2012 . Why should consumer contracts be written in plain English? . an employment contract; a mobile phone contract; life insurance; car insurance .
http://wordsmadeclear.com/2012/03/03/consumer-contracts-plain-english-please/
Consumer Complaints on Life Insurance / Annuity Contracts
Consumer Complaints on. Life Insurance / Annuity Contracts. Try solving the dispute yourself. Insurance is a very competitive business. If you give the company .
http://www.insurance.ohio.gov/Consumer/OCS/CompleteGuides/ComplaintRatios/lifecomplaints.pdf
Credit Slips: Consumer Contracts
Feb 24, 2012 . Insurers only provide consumers with an actual insurance contract . the death- benefit accounts for life insurance beneficiaries of military .
http://www.creditslips.org/creditslips/consumer_contracts/
SUBCHAPTER NN. CONSUMER NOTICES FOR LIFE INSURANCE ...
Jan 1, 2008 . CONSUMER NOTICES FOR LIFE INSURANCE POLICY AND. ANNUITY CONTRACT REPLACEMENTS. 28 TAC §§3.9501 – 3.9506. 1.
http://www.tdi.texas.gov/rules/2007/documents/3.9501-3.9506.pdf
Act on Certain Consumer Contracts - Consumer Europe
1) insurance contracts covered by the Act on Insurance Contracts and . In this Act, a consumer contract means a contract that a trader concludes as part . For contracts for life insurance and individual pension schemes, the period is 30 days .
http://www.consumereurope.dk/Menu/Consumer-laws/Danish-laws/Act-on-Certain-Consumer-Contracts
Term Life Insurance (for healthy seniors)
Key features:
- Medical examination required, to prove that the insured is in good health
A Solution to the Problem of Consumer Contracts That Cannot be ...
Nov 12, 2009 . The Bank of America contract was their on-line consumer banking . Florida, for example, requires that all life insurance contracts have a .
http://scriptamus.wordpress.com/2009/11/12/a-solution-to-the-problem-of-consumer-contracts-that-cannot-be-understood-by-consumers/- Insured covered up to the age of 90 or 95 (depends on insurance company guidelines)
- Premiums increase towards the end of the Term
- Many seniors outlive the fixed term so look for a policy that can be converted to whole life insurance
- Consider purchasing Burial Insurance also, should the senior outlive the Term
Burial Insurance (for healthy seniors)
Key features:
- No medical examination required
- Insured person is covered for life
- Premiums are locked-in and do not change
- Moreover, cash value increases over time
- If the insured is healthy, then you receive full benefit the day after you pay your first premium
- Coverage cannot be canceled as long as you pay your premiums on time
- Proceeds can be used for burial costs and other end-of-life expenses
Graded Benefits Burial Insurance (for seniors with health problems)
Key features:
- No medical examination required
- Insured person is covered for life
- Premiums are locked-in and do not change
- Policy increases in cash value over time
- You typically only get partial coverage for the first two years, and the full insured amount only in the third year of the policy
- Insurance company cannot cancel coverage as long as you pay premiums on time
- Proceeds can be used for burial costs and other end-of-life expenses
Investing in Viaticals - Lawyers.com - Consumer Law Lawyers
A viatical provides payment on a life insurance policy before death, and . Your Legal Issue > Consumer Law > Consumer Contracts > Investing In Viaticals .
http://consumer-law.lawyers.com/Consumer-Contracts/Investing-In-Viaticals.html
