Preneed insurance is used to fund a funeral service agreement between you and a funeral home. You decide every element you want included in your funeral service, which includes everything from the casket to flowers to transportation for the family.
If you’re the beneficiary of a life insurance policy and you’re counting on receiving that money, you’re at the mercy of the policy’s owner. If that person stops making payments, the policy will lapse and could become void. You might not even know the policy has lapsed – until you try to make a claim after the insured dies. Is it possible to recover any money from a lapsed life insurance policy? Hope there was cash value If a permanent life insurance policy lapses, there may be enough cash value built up to keep it in force for a while. Often an insurance company will tap into a policy’s cash value to cover premium payments if it stops receiving payments and doesn’t hear from the policy owner. Michael Hartmann, a life…
Want to void the protection and security you gained when purchasing a life insurance policy? Let it lapse. Simply put, a lapse occurs when premium payments on a life insurance policy are missed and, depending on the type of insurance, the cash value is exhausted. “Lapse” is shorthand for a “lapse in coverage,” which means the policy will no longer pay a death benefit for the insured person. At the other end of the spectrum is a paid-up policy, where all the premium obligations have been met and the policy remains in force for the rest of the insured’s life. We have a 76-year-old example below. Lapse procedures A lapse doesn’t necessarily mean immediate termination of a policy. Life insurance policies often have a grace period after a missed payment…
Smoking is a habit and stopping it may not be that easy. Smokers are more likely than non-smokers to die of respiratory diseases, stroke and cardiovascular complications. This is according to research carried out by the medical community in the United States. The medical research team found out that cigarette smoking is linked to health complications that occur in nearly all body organs. This, therefore, means that smoking plays a significant role in deteriorating your overall body health. But if have already hit 50 or 60 years and you haven’t quit smoking, should this get you worried about getting affordable life insurance? Why Do Smokers Get Higher Life Insurance Rates? If you are a chain or regular smoker, obtaining the right life insurance policy can help create an atmosphere of…
Q: Yeah, yeah, yeah… smoking might give me lung cancer when I’m like 80. So why should I worry about it now when I can just quit when I’m old? A: Sure, lung cancer is one of the main reasons to quit, but we know you college (and graduate) students are invincible and don’t really care about little things like mortality, so here are a few other good reasons to quit smoking that might hit a little closer to home: Tooth Loss It is well known among dentists that smoking dramatically increases your chances of “edentulism” (i.e having no teeth). Smoking causes gum disease and plaque build-up which lead to tooth decay and loss. One study showed that the risk of tooth loss in smokers is more than 4 times…
New federal law that was announced in April states that in the New Year, hospitals must publish price lists online of all the services they offer. This should also make it easier for patients to access their medical records. Hospitals must publish public price lists under the Affordable Care Act, but with this new law hospitals are now supposed to make these lists available online. Every year these numbers must be updated so patients get the most accurate price. Rehabilitation centers, psychiatric hospitals, and critical access hospitals are also expected to put price lists online under this new law. Seema Verma, head of the Centers for Medicare and Medicaid Services, commented when the program was confirmed: “We are just beginning on price transparency. “We know that hospitals have this information…
Some bacterial infections have become difficult, and sometimes impossible, to treat. That’s because the “superbugs” causing these infections have developed the ability to defeat antibiotics—the drugs designed to kill them. While antibiotics do not work on viral diseases like COVID-19, they may be useful in treating bacterial infections that sometimes develop in COVID-19 patients. A cause for concern Antibiotic resistance is a growing issue. The figure below shows the cumulative spread of one type of resistant bacteria. In 2019, CDC reported 2.8 million cases of infections and 35,000 deaths from 18 antibiotic-resistant bacteria of concern, including the one tracked in the figure. The Spread of One Type of Highly Resistant Bacteria, 2001-2017 Note: This figure tracks a type of carbapenem-resistant Enterobacteriaceae (CRE), which, according to CDC, is a “nightmare bacteria”…
Can Lettuce Be The Cure For Diabetes? February 29, 2011 EIB&P Life Insurance Services- Can insulin produce in lettuce cure type 1 diabetes someday? Possibly. In mice, it seems to modulate the immune attack on the beta cells that is the hallmark of type 1 diabetes. But the pathway is complex. For the cholera bacterium, it’s a trick to get the intestinal cells to take up the intact cholera toxin. For the researchers, it’s a trick to get the intestinal cells to take up intact proinsulin. EIB&P Insurance Services This system stimulates uptake by cells of the intestinal immune system as well. In NOD (nonobese diabetic — a standard rodent model of type 1 diabetes) mice, the uptake by the immune cells resulted in a significant increase in compounds that…
Researchers report HIV infection cure; others cite dangers February 28, 2011 In the study, published last week online in the journal Blood, researchers at Charite-University Medicine Berlin treated an HIV-infected man who also had acute myeloid leukemia — a cancer of the immune system — by wiping out his own immune system with high-dose chemotherapy and radiation and giving him a stem-cell transplant. Stem cells are immature cells that can mature into blood cells. At the time of the transplant, which occurred in February 2007, he stopped taking anti-HIV medications. New Start Insurance Services Quotes - Researchers in Germany are reporting that they may have cured a man of HIV infection. If true, that would represent a scientific advance, but not necessarily a treatment advance said researchers familiar with the…
Illinois health plans In hard-pressed times like these, it is prudent to invest in EIB&P Insurance Services health plans rather than spending your hard-earned money in medical care. Though there are many insurance companies that claim to provide the best and the most affordable Illinois health plans, but only a handful of them seem to provide what they had promised. So it is difficult for a common man to pick up the right health plan for himself or for his family. Thankfully, there is one company named that provides customized Illinois health plans for individuals as well as families. These plans can be easily availed. Elaborate Information: With the help of the Instant Quote Search Engine, an individual can browse through a number of health plan options and shortlist the…
