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23 Apr 2011 Posted by Ashley Hall | Comments

Peace of Mind For Frequent Flyers

Do you fly regularly for business? Do you take a lot of flights to visit family members or enjoy vacations in the US and abroad? No matter how many times you fly, worries creep into your mind about your safety and the safety of the plane. Put your mind at rest with flight insurance.

A flight insurance plan offers you and your family compensation for accidental death, dismemberment or loss of sight that occurs as a result of an accident on a commercial airline.

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23 Apr 2011 Posted by James Jones | Comments

NC Laws Might Impact Car Insurance Rate Caps

Car insurance coverage laws are ever changing which for many people can be a double edged sword for them. Every time that the majority party in the Senate or House changes, the newly elected politicians changes the rules in regards to car insurance laws.

In the state of North Carolina, the General Assembly will be voting on three car insurance related bills soon. These bills are called Senate Bill 477, Senate Bill 490, and House Bill 834.

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21 Apr 2011 Posted by Ashley Hall | Comments

Why International Students Need The Study Abroad Program Insurance Plan

While the idea of traveling to a different country to study is commendable, it’s not a good idea to leave home without any kind of insurance. Through the study abroad insurance, parents can feel more at ease allowing their child to move to a different country with the additional insurance as part of their safety net.

Some of the main features of the Study Abroad Program are medical coverage of up to half a million dollars, and maximum repatriation coverage of $50,000. Most international students will need these two insurance coverage more than any other. F

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19 Apr 2011 Posted by Andrea Walker | Comments

Relief Administrator Warns of Dangers of Disaster Payout Funds

The administrator of the Gulf oil spill disaster relief fund is warning the government that, while the fund has worked effectively, it should not serve as a template for future disasters. Because these funds single out a specific group of people and often provide them with enormous amounts of compensation, he fears that other deserving individuals will be left out.

Payout Funds Not the Way to Go

Payout or disaster relief funds are often used as a way to compensate individuals with or without home insurance who need to make necessary repairs to their homes or need cash for other issues that arise as a result of the disaster.

While this type of relief aid is relatively rare, the Gulf Coast Oil Spill Relief Fund was created to provide assistance to those affected by last years oil spill.

Fund administrator, Ken Feinberg, has recently announced that the payouts are flowing efficiently, but noted that the structure for compensating victims should not be repeated because it only helps a small segment of the population and often cant meet the victims needs in a timely fashion.

He went on to say that while Gulf victims received help, Hurricane Katrina victims in 2005 didnt receive a fundand neither did Oklahoma City bombing victims in 1995.

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14 Apr 2011 Posted by Andrea Walker | Comments

Florida Agent Sells Worthless Homeowners Insurance to Elderly

As the result of an agent selling worthless homeowners insurance policies to Florida residents, dozens of elderly are now at risk of losing their homes, the Department of Financial Services said on Thursday. Numerous complaints were filed against the agent only to reveal that she had been using money received to pay her personal expenses.

Residents Left Without Coverage

According to the department, 50 complaints were filed with the state that residents in Sarasota County had paid their insurance premiums for as long as two years to Debra K.

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