Life Insurance From My Mortgage Company?

Yesterday, I got a strange piece of mail from my mortgage company. It wasn’t a bill, and it wasn’t a notice about a late payment. I wasn’t a cancellation notice, or anything related to my mortgage. Instead, it was information about a life insurance policy that I can buy from my mortgage company. That was unexpected! For most people, it is a very good idea to have life insurance. A good life insurance policy will provide your spouse and children with the financial assistance that they would need in order to continue living their lifestyle after you have passed away. … Continue reading

Insurance Blog Week In Review August 1-7, 2007

Insurance Term Of The Week: Binder Wednesday August 1, 2007. With all the recent news about Lindsey Lohan’s problems a few recent quotes from the Hollywood reports bring up my area of expertise, Insurance! There has been a bit of chatter about the fact that Lohan may now be “uninsurable.” So what does this really mean when it comes to Movie Insurance? Thursday August 2, 2007. When we think about movie stars, singers and other celebrities it shouldn’t seem strange they may want to insure their assets. The history of celebrity body parts insurance is an interesting insurance market most … Continue reading

How to Avoid A Nonrenewal Notice For An Auto Insurance Policy

A notice of Nonrenewal isn’t the same as a Cancellation Notice. An Insurance company can decide to nonrenew any policy when it comes up for renewal however there are several states that allow an insurance company to nonrenew only after the policy has been in force for one year or longer. A notice of nonrenewal means the insurance company is no longer willing to sell the same insurance product to a customer. It could mean an insurance company is no longer offering that line or type of insurance product or that an insured no longer qualifies under the companies underwriting … Continue reading

How to Avoid Auto Insurance Cancellation

One of the most costly and difficult things to overcome is having your insurance policy cancelled. A cancelled policy is never a positive mark on someones insurance credit score history. Cancellation usually means the insured policy holder has caused the insurance company a reason to deny accepting the risk any longer. The most common reason for an insurance company to cancel an Auto Insurance Policy include: It all starts with the original Application a person submits when asking for insurance coverage from an insurer. The insurance company has the right to cancel a new insurance policy any time and for … Continue reading