Author: Jerome S. Bergeron

Why Insurance Companies Are No Longer Writing New Policies Insurance companies are subject to a number of economic forces that directly influence their ability to offer new policies. A significant contributor to this shift is the current global financial market, which has served to discourage investment in this industry. Financial Market Impacts on Insurance Companies This includes a trend of declining rates of investment returns from standard items such as stocks, bonds and mutual funds. Consequently, insurance companies are having difficulty in turning a profit, as in the past they could rely to some extent on gains in these…

How to Choose the Right Term Insurance Plan in 2024 where Doing so will help ensure that you get the coverage you need for the right price. How to Choose the Right Term Insurance Plan in 2024 Choosing the right term insurance plan can be a complicated task, as there are numerous factors to consider. It’s important to think carefully about your own needs and preferences, identify the right type of plan for your situation, compare the cost and benefits, consult with an insurance professional, and carefully read the policy before signing. Understanding Your Personal Insurance Needs When…

Why Life Insurance is a Must Have for Every Adult Life insurance is a form of financial risk protection that pays out a lump sum of money or income upon the death of the insured person. What Is Life Insurance? The death benefit is used to provide financial security for family, friends, and other beneficiaries. It is generally purchased with the intention of covering final expenses or to replace lost income due to the death of the insured person. The amount and type of insurance coverage will vary depending upon individual needs and life circumstances. Why Is Life…

The Ultimate Guide to Buying Term Insurance Cover USA when this business can help you make a good living. Many agents who sell term insurance make a very good living, as they often earn commissions on the policies they sell. You can also choose to work with an insurance company that will provide you with a salary. What is Term Insurance Cover USA? Term insurance cover is a type of life insurance policy designed to provide financial protection to a named beneficiary in the event of the death of the insured. This type of life insurance is often seen…