Benefits

Life Insurance Benefits after a Homicide

When you buy a life insurance policy, you are entering into a contract with the insurance company to provide benefits to your survivors in the event of your death. People buy insurance because of the inherent uncertainty of life. They want to leave something behind so their loved ones wont have to worry about expenses after theyve passed on.

Life Insurance Claims Not Covered

Generally, the insurance company will pay on death claims but there are circumstances under which they will not. These circumstances will be spelled out in the contract, so you have to read it thoroughly to see whats covered and what is not. (1) The first two years of most insurance policies are what is known as the contestable period.

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Tags: Benefits, Life Insurance

Tuesday, January 24th, 2012 Insurance Advice No Comments

The Functions Of First Party Benefits

When selecting car insurance coverage, you may wish to look into first party benefits (FPB). Although the state of Pennsylvania is the only place in the United States in which first party benefits coverage is required for those purchasing auto insurance, it may be worthwhile to look into FPB for additional coverage. This article will explain the meaning and purpose of FPB, outline the benefits offered, and address why this coverage may be right for you.

What is FPB?

FPB is essentially a form of insurance that covers the medical needs of those listed on the automobile insurance policy. Essentially, the insurance company will assist with automobile-related medical expenses as a result of an accident.

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Tags: Benefits, First Party, First Party Benefits, Party Benefits

Sunday, May 16th, 2010 Insurance Auto No Comments