Top 10 Best Life Insurance Companies in the United States

Top 10 Best Life Insurance Companies in the United States

American General (AIG)

AIG covers both auto and life insurance and is considered to be one of the top companies in the nation.  They are flexible with their underwriting, offer 25-year term life insurance (most companies only over either 20 or 30-year terms) and work closely with their customers to find a policy tailored to their needs.

American National Insurance Company (NICO)

This company also has a strong reputation for great customer service and offers both term and whole life insurance policies.  One thing that many people find attractive is that many of their insurance policies do not require a medical exam.

Banner Life

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Banner Life is consistently ranked as the best or one of the best insurers in America, both because of their excellent customer service and their very liberal underwriting.  It is a great company to go with if you are a “high risk” applicant, such as a diabetic.

Forester’s Life Insurance

Forester’s Life Insurance is not as well-known as AIG, for instance, but they take a lot of time with their customers to get to know them and find a policy that is suited to their needs.  They are also a good choice for people who have a serious medical history like heart disease.

Genworth

Genworth is one of the wealthiest life insurance companies with assets of 25 billion and interests in companies all over the world.  And they are particularly good to work with for clients who are overweight or obese and who may find it difficult to get life insurance with other companies.

MetLIfe

MetLife does not need an introduction to most people – it is a heavily and cleverly advertised company whose mascot, Snoopy, inspires a lot of name recognition!  And it is a very good company to work with, emphasizing customer service and is a great choice for military members and their families.

North American Company for Life and Health Insurance

This company is not as well-known as some on this list and frankly its title can be a little off-putting, but it is a good, solid business which tries to puts its customers first and offers a variety of whole term and universal life policies.

Protective Life Insurance Company

This company, like Banner, is one of the best in the business, offering affordable policies and providing their customers with top-notch insurance policies that are tailored to their needs.  They also have a great reputation for rapid pay-outs for beneficiaries.

Prudential

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Prudential has a strong – and well-earned – reputation for excellent customer service and well-written policies and has come to dominate certain niches in the insurance industry. It is an excellent choice for smokers, cancer survivors, diabetics and other who might find it hard to find a policy elsewhere.

SBLI

This company is smaller than many on the list but use their size as an asset and make it a point to get to know all their clients personally.  And they offer some great insurance rates particularly if their client is willing to pay a lump sum on an annual basis.

Top 8 Features for Best Health Insurance Plans

Top 8 Features for Best Health Insurance Plans

If you are looking for a new health insurance policy, you are need to choose a plan that is right for you and your family’s needs.

Pre-Existing Conditions

Many health insurance companies have a waiting period of several years for those who have a pre-existing condition at the time they purchase their health insurance policy. This means that the policy will not cover expenses you incur because of your illness. If you have a pre-existing condition, look for policies with shorter wait times, as this can save you a lot of money!

Pre- and Post-Hospitalization Expenses

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These terms refer to medical expenses you incur before or after a visit to the hospital.  The time covered will vary, but most policies cover these expenses for 30 days before a stay in the hospital or for 60 days after. Look for a policy which offers you maximum coverage to avoid incurring any heavy out of pocket expenses!

No Claim Bonus

If you are young and healthy, look for a policy with a no-claim bonus. This means that you will receive a bonus from the insurance company for each year that you do not submit a claim.  However, the amount of this bonus can vary widely, so look for one that is particularly generous.

Co-Payment Discount

A copayment refers to the percentage of the total bill that the patient is responsible for paying.  The percentage will be decided ahead of time and outline specifically in the policy.  Usually, if there is a higher copay, there will be lower deductibles.  Choose one with a balance that will be best fit your needs.

Network Hospital

In a network hospital, the medical expenses you accrue are settled directly between the facility and the insurance provider; for the patient, it essentially becomes a “cashless” facility.  If possible, pick a policy who has several network hospitals in your area so you will be able to choose between them.

Room Rent

Part of your hospital charges will be a room rent and this, too, will be settled ahead of time and defined in your policy.  However, while some policies cap that price at between 1% and 2% of the total bill, other policies have no such cap.  Look for one with a cap if possible, as it can save you a lot of money, particularly for a long hospital stay.

Premiums

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A premium refers to the amount of money you pay for your policy each month, whether you use it or not. While premiums are an important factor, it is important to remember that higher premiums often come with lower deductibles or more coverage, so the cost can sometimes balance out.

Exclusions

Some policies will have pre-defined “exclusions” in their policy: in other words, certain treatments or procedures they will not cover.  Typical exclusions are procedures like voluntary surgeries or experimental medications not yet approved by the FDA.  Make sure you know what the exclusions in your policy are to avoid any unpleasant surprises in the future.

Types of Auto Insurances

Types of Auto Insurances

There are several types of auto insurance policies. A motorist no matter how expert he is in driving must have a policy on hand just in case traffic accidents may happen. Many states give this as a mandatory obligation while others only put this as an optional choice. However, many people consider this as a very important policy that can save them further financial burden in the future. If you are one of those who have newly acquired a car or any type of vehicle, then necessarily, knowing the different types of auto insurance is a step you shouldn’t miss.

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When you say types of auto insurance, you mean the different coverage involved in a certain policy. Understanding and analyzing the various features of each will help a future policyholder to determine on what kind to choose. Remember that a certain policy may not be suitable to one but may be appropriate to another. Thus, laying down the basic facets of the types of auto insurance surely give a great deal of information which a person can use in making the decision as to what to pick among them.

Basically, there are five types of auto insurance to choose from.

The first type of policy is called the liability auto insurance. Suppose you are driving along the highway and took a quick turn on the left without noticing the car speeding next to you. You collided with each other which caused bodily as well as car injuries to the other person. After investigation, it was found out that the accident is cause by your neglect to give the proper signal. In this case, you must take on the responsibility of the third person’s damages. Among the types of auto insurance, this one is considered the most popular.

The second among the types of auto insurance is called the personal injury protection.

As it is implied, this policy is centered on the protection of the policyholder as well as his family and the passengers which may be injured in a traffic accident. This is also called the No Fault Coverage which most of all provides medical assistance regardless of whose liability the accident is pointed into. This is one of the types of auto insurance where states that made mandatory insurance is leaned to.

Smiling woman drive a car and looking at camera through the car window.

Comprehensive and Collision insurance policy is referred to as one that gives full coverage among the types of auto insurance. This is because of the comprehensive coverage that it gives. This includes not only the medical matters to be paid but also the damages incurred by the vehicle. In this policy, a deductible is often paid in advance to make sure that the policyholder will get the benefits when circumstances arise.

The uninsured motorists policy on the other hand deals with those uninsured motorists who cause damage to another. If for instance you bump with a car which is unlicensed, then how can you claim for any reparation? In this situation, this policy can help you. The last type of auto insurance is the towing and rental policy. Obviously, what is aimed by this policy is to pa or reimburse the expenses experienced by the policyholder because of the towing and rental fees.

After such types of auto insurance is understood, then a motorist can find a reliable insurance to transact with.