I recently read in an article on foxbusinessnews.com that life insurance companies may owe beneficiaries and the 50 states more than $1 billion in unclaimed assets death benefits that have gone unclaimed by beneficiaries who most probably could have used the money.

A recent report from the Insurance Information Institute (III) sheds some light on this problem and explains the main reasons these benefits go unclaimed and, most importantly, how you can prevent this from occurring:

• If the insured changes addresses, the life insurance company and the the insured may lose track of each other, as insurance companies use snail mail as their main mode of communication.  Unfortunately, the U.S.

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Best auto insurance companies or cheapest car insurance companies, this choice has become challenging for any driver. While both of them have their own positives and negatives, the solution has to be clear for drivers. Without any doubt best auto insurance companies has to be your top priority since the gains overweight the disadvantages drastically. However you ought to remember that both kinds of providers are essentially the same with all their policies and techniques that can be used as a way to reduce the premium charges.

The main difference will be the level of quality of the services.

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Bloomberg: UnitedHealth Agrees To Acquire Medicare Managed-Care Insurer XLHealth UnitedHealth Group Inc. (UNH), the largest U.S. health insurer by sales, said it will buy XLHealth Corp., a provider of managed care for chronically ill Medicare members, to strengthen a growth area likely to gain increasing support from the U.S. government as it trims costs. The purchase price was about $2 billion, according to a person familiar with the deal who asked not to be identified because the price wasn’t disclosed. … The purchase of XLHealth, with 111,000 members, is the seventh since Jan. 1

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International travel insurance is for covering risks, not covering situations, so it has traditionally not covered people for pre-existing medical conditions. These are conditions that the insured knows they have at the time of applying for insurance. How does international travel insurance exclude these conditions, and why?

Most travel insurance policies won’t pay for treatment that arises out of a condition for which the insured previously was diagnosed, experienced symptoms or had treatment. For example, you suffered a heart attack, you were treated, and you will not be able to find an insurance policy to pay for treatment for a second heart attack unless many years have passed. <

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