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Are Life Insurance Policies Designed To Pay Double The Coverage In Case Of An Accident?

Posted January 4, 2010 – 10:18 pm in: structured settlements FAQ

I heard it somewhere that if the death benefit is X dollars and the person dies from an auto accident, a fall from a boat or gets killed while walking a dog — The insurance companies pay double the coverage. I think it is insane. I have a $5 bet that it is incorrect. [...]

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Is Global Life And Accident Insurance Company A Legit Company For Life Insurance?

Posted November 28, 2009 – 10:34 pm in: structured settlements FAQ

is this a scam or are a legit business? Has anyone here ever dealt with them before? How are they at handling people’s life insurance polices?

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If I Died In A Motorcycle Accident Would Term Life Insurance Still Pay Out To The Beneficiary.?

Posted July 28, 2009 – 4:50 pm in: term life insurance

Yes. Unless:
1) Your policy states that it doesn’t pay for motorcycle accidents or
2) The insurance company asked you if you ride a motorcycle during the application process and you lied and said no. Then they could deny the claim if the policy is within the 2 year contestable claim period. [...]

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Structured Settlements; Beware the Vultures

Posted May 25, 2009 – 3:06 am in: sell structured settlements

From: New York attorney Gary E. Rosenberg (personal injury and accident lawyer)Structured settlements are lawsuit settlements – usually from personal injury or accident cases – paid out over a time period of months or years. “Structure” refers to how the payments are made.  There is infinite flexibility in making a payment schedule for a structured [...]

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