Insurance, especially life insurance, can be a very confusing topic for most Americans. We often pay various insurance premiums our whole lives. Understanding the nuts and bolts of your life insurance policies can benefit you and your family greatly in the unfortunate event of your death or the death of a family member. Life insurance comes in a bewildering array of variations. There's whole life insurance, variable life insurance, and universal life insurance, all of which are collectively ...
Read the rest of this entry »

Professionals are always at risk of being sued for loss or damage caused allegedly by mistake, omission, negligence or other error. The range of claimants is virtually endless. Today's client may well be tomorrow's plaintiff/applicant. This article sets out the ways in which professionals can manage the risk of litigation by third parties, former clients, disgruntled staff or even Commonwealth and State Government instrumentalities. The article explains the ranges of insurance cover available ...
Read the rest of this entry »

Under a Contractor General Liability insurance in California, the insurer is obligated to pay the legal costs of a business in a covered liability claim or lawsuit. Covered liability claims include bodily injury, property damage, personal injury and advertising injury (damage from slander or false advertising). The insurance company also covers compensatory and general damages. Punitive damages aren't covered under Contractor General Liability insurance policies because they are ...
Read the rest of this entry »

/p> Health, Health Care Insurance and Bankruptcy Imagine for a moment that your health has taken a turn for the worse. You need extensive medical attention and expensive treatments. Would you be prepared to account for these medical costs? Or would you or a family member ultimately have to deal with this financial burden? Surely, you would not want to suffer the consequences of paying big medical bills on your own. This is why health insurance is so important. A Harvard study conducted in ...
Read the rest of this entry »

Hurricane Insurance Claims Many homeowners along the Gulf Coast have spent decades making saving up and making mortgage payments on their homes. Unfortunately, hurricanes Rita and Katrina have wreaked havoc on the area and most of the homes in the area are either damaged or destroyed. Most of these homeowners are now learning that their insurance claims are being rejected by their insurance companies - some for unjust reasons. As insurance companies such as State Farm, Nationwide and Allstate ...
Read the rest of this entry »

Rejected Hurricane Insurance Claims - Hurricane Katrina & Rita The catastrophic damage caused by hurricanes Rita and Katrina have combined to be the costliest disasters in the history of the United States. They have completely destroyed costal towns and cities and virtually destroyed the lives of millions of Americans. The estimated damage to the battered Gulf Coast has already been estimated at billions of dollars. Hurricane Katrina alone has already proved to be the deadliest and most ...
Read the rest of this entry »

Divorce causes major issues with health insurance benefits. Many families have employer provided and/or paid for health insurance benefits that cover the entire family. It is not uncommon to see situations where the other spouse is a stay at home parent, with absolutely no access to health insurance benefits, or employed at a job with either no health insurance benefits available or those benefits available at a substantial cost. After a divorce, the spouse with the family health insurance ...
Read the rest of this entry »

When you are involved in an accident insurance claims may not be the first thoughts on your mind. However, there are some procedures you should follow in order to preserve your right to file an insurance claim. This may be anything from hail damage to a stolen vehicle and does not refer solely to car accidents. The first thing you want to do is prevention. Most insurance claims can be prevented even before the incident occurs. For instance, to prevent auto accident's be cautious and think ...
Read the rest of this entry »

Have the best judge of Total Disability or Partial Disability is OLE Doc Comfort your clients attending doctors. The Medical doctor report he performs for the insurance company you are fighting with. You should always contain the doctor's comments regarding the nature of the disability. However, when settlement times arrive, someone will form a healthy promotion of his evaluation based on the documented proof of the length of time of disability either total or partial. Both of which will point ...
Read the rest of this entry »

Judge Philip Klingeberger of the U.S. Bankruptcy Court for the Northern District of Indiana addressed a unique situation in In Re Canaday, 2007 Bankr. LEXIS 3121 (N.D. Ind. 2007). The loan transaction involved a note, which identified the holder to be a trust (the Don Wilson Revocable Living Trust), and a mortgage, which identified the mortgagee to be an individual (Don Wilson). The 19-page opinion provides an impressive summary of various Indiana mortgage laws and illustrates once again the ...
Read the rest of this entry »