LIFE INSURANCE

INFORMATION ABOUT CANCER INSURANCE:

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What is Cancer Insurance?

Cancer insurance is a type of supplemental insurance policy that helps to reduce the cost of cancer treatment. It is not designed to replace a traditional health insurance policy, but to compliment it by covering additional cancer expenses that may not be covered by one's current policy.

To be eligible for cancer insurance, you cannot have a pre-existing cancerous condition. For example, you cannot have been diagnosed withuterine cancer and then apply for a policy. In most cases, people who have previously been diagnosed and treated for cancer are ineligible for coverage, also.

NON MEDICAL LIFE INSURANCE

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Non medical life insurance, sometimes referred to as no exam life insurance, can ease the pain of buying life insurance. When you apply for a life insurance policy it is important from the insurance companies point of view that you are in good health, or in fairly good health. They don't want applicants who have a deadly disease and know that they are going to die tomorrow. They don't want applicants who are about to have major surgery.

Life insurance companies select the risks they take on very carefully. When young people apply for life insurance, in many cases they get their policies issued on a non medical basis. Non medical life insurance is a good thing for the life insurance company because it eliminates much of the expenses involved in issuing a thoroughly investigated life insurance policy.The insurance company knows that the vast majority of younger people, say under age 35, have very little medical history. They also know that a very low percentage are likely to die from some sort of illness. They are therefore prepared to issue to these young people, within certain limits, the non medical life insurance policies they apply for. Life insurance companies issue non medical life insurance to applicants at almost any age up to age 60. The older you are, however, the smaller amount they will consider without a medical examination.

The applicants for non medical life insurance need only complete a questionnaire informing the life insurance company about their medical history. Included are some questions about your family's medical history. These questions about family are asked because certain diseases are hereditary. If, for example, your father or mother had heart disease it is more than likely you will have heart disease later in life...unless you make a special effort to eat the things that will help prevent this from occurring, exercise and live a life that is conducive to good health. If your mother had breast cancer it is likely that you will at some point in your life develop breast cancer. Of course certain precautions can be taken. A doctor that specializes in that area will have to advise you on that.
If on completion of the non medical life insurance questionnaire there is any history that would indicate that you are likely to develop some serious illness in the near future the life insurance company will ask your personal physician, with your permission, for a medical report to make certain you don't have that illness at the present time. In some cases the insurance company may ask for a medical examination which may, or may not, include blood work. Many people discover they have serious illnesses upon completing an examination requested by a life insurance company. They may not get the life insurance but may discover a disease just in time to save their very lives.

What is guaranteed issue life insurance?

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Guaranteed issue life insurance, also known as guaranteed acceptance life insurance, is a life insurance policy that an insurer issues without the customary medical pre-screening. For some, guaranteed issue life insurance can be advantageous because it does not require a medical examination and asks few or no questions about your medical history. Guaranteed issue policies can insure nearly anyone, hence the name guaranteed issue, and are frequently purchased by those in high-risk occupations and in poor health.
Although guaranteed issue life insurance has several advantages, there are also a few disadvantages:

It's expensive

Small life insurance benefit

Death benefit clauses.

In addition to the above mentioned disadvantages, some policy premiums are expensive enough that after several years, the total amount of premiums paid is greater than the policy face amount. Many guaranteed issue policy premiums begin to out-pay themselves in about 10 years.
Before buying life insurance, guaranteed issue or any other type, be sure to shop around. No two insurance companies are alike and not all health conditions may prohibit you from buying life insurance. Keep in mind that life insurance companies rate health conditions differently and have unique underwriting criteria. Guaranteed issue life insurance may be more suitable for those who are unable to purchase life insurance after the medical screening
The death benefit on guaranteed issue policies may be subject to a clause that allows the insurer to refund the premiums paid, rather than pay the full death benefit, should the insured individual die within the first two to three years of policy purchase. . These policies typically feature small death benefits, the amount paid to beneficiaries when the insured individual dies. . With guaranteed issue life insurance, life insurance companies issue policies without evaluating your health. Rather than undergoing medical underwriting to determine rates, premium payments are usually based on age and gender and result in much higher premium rates.

INSURANCE COMPANIES IN NEW ZEALAND

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AA Insurance Limited

AA INSURANCE COMPANY was launched in 1994 and is a joint venture between the New Zealand Automobile Association and Suncorp-Metway Limited.

AA Insurance has over 350 staff servicing 150,000 plus customers and manages almost 300,000 policies. Over half of those policies cover motor insurance risks including cars, bikes, caravans, and motor homes, and the remainder are house and contents insurance.

IAG New Zealand Limited

(IAG NZ) is New Zealand’s largest general insurer. The head office is in Auckland, New Zealand, however there are offices throughout the New Zealand. IAG NZ is part of the larger Insurance Australia Group (IAG), which has its headquarters in Sydney, Australia and is Australasias largest general insurance group. IAG is an international general insurance group with operations in Australia, New Zealand, the United Kingdom and Asia.

In New Zealand, the majority of their products are offered under the State Insurance and NZI brands, however many of the major banks also resell IAG NZ insurance products.

State Insurance offers insurance cover for predominantly personal assets such as home and vehicle with coverage sold directly to the public through free phone numbers, their website or at our sales centres around the country.

NZI

New Zealand Insurance was formed in 1859 and is one of New Zealand's largest and longest-serving fire and general insurance brands. In January 2003 Insurance Australia Group purchased NZI when acquiring Aviva's general insurance business. NZI focuses on providing products to the broker market.

In 2007 and 2008, NZI was named 'Insurer of the Year' by New Zealand's Broking community.

It is the title sponsor of the Wellington Sevens event in the IRB Sevens World Series for international rugby sevens teams and TVNZ business programme NZI Business.

Southern Cross Healthcare Group

SOUTHERN CROOS HEALTHCARE GROUP is a collection of independent, health-oriented businesses founded on not-for-profit principles, and is New Zealand’s largest non-public healthcare organisation. The Group’s main areas of business include health insurance, private hospitals and travel insurance.

Founded in 1961, the Southern Cross Health Society is New Zealand’s largest health insurer, with more than 840,000 members. It funds more than NZ$500m of healthcare services each year, mostly for elective surgical procedures. The Society is also a provider of corporate wellness programmes and injury management services.

Southern Cross Hospitals Limited, established in 1979, is New Zealand’s largest private hospital network, with 14 wholly owned and joint venture surgical facilities that deliver more than 60,000 elective surgical procedures annually. It is also a joint venture partner in New Zealand’s first private radiotherapy facility which opened in Auckland in 2008.

Southern Cross Travel Insurance, established in 1982, is a direct-to-consumer travel insurer that provides cover for around 200,000 travellers annually in both New Zealand and Australia.

INSURANCE COMPANIES IN AUSTRALIA

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Life insurance

Life insurance products sold in Australia include term life insurance, disability income insurance. Australian insurers are unusual in providing a lump sum Total and Permanent Disability insurance. Life insurers also sell superannuation investment products.

Life insurers

Some of the life insurance companies which operate in Australia are:

AMP Limited

AXA

Allianz Australia

In addition, life insurance is also sold by friendly societies and credit unions

General insurance

General insurance products sold in the Australian can roughly be divided into two classes:

Liability insurance such as Compulsory Third Party (CTP) motor insurance, worker's compensation, professional indemnity insurance and public liability insurance, business insurance;

Property insurance such as Home and Contents insurance, travel insurance, and comprehensive motor vehicle insurance

Certain types of insurance, such as CTP and worker's compensation, are statutory (i.e. are required by law), and can differ considerably by state.

General insurers

The three large general insurer groups are:

Insurance Australia Group (which includes NRMA, RACV, CGU, SGIO)

Suncorp (which includes AAMI, GIO, APIA, Just Car, Bingle)

QBE Insurance

Other insurers are:

Allianz Australia

Hollard Insurance (which includes Real Insurance,Guardian Insurance, Aussie, Australian Seniors)

Budget Direct (which includes Virgin Money, Australia Post)

Westfarmers (which includes Coles)

Calliden Insurance

Zurich Insurance

Youi Insurance

Progressive Direct

BEST INSURANCE COMPANIES IN CANADA

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BMO Life Assurance Company

BMO Life Assurance Company is a member of BMO Financial Group. Currently through Kanetix.ca, you can get quotes from the BMO Life Assurance Company for each of the following life insurance products:

Term 10 life insurance policy which provides coverage for 10 years

Term 20 life insurance policy which provides coverage for 20 years

Term 30 life insurance policy which provides coverage for 30 years

Desjardins Financial Security

Desjardins Life Assurance was created in 1948. Then through mergers and acquisitions, Desjardins Life Assurance eventually became the Desjardins Financial Security it is today. The path to this destination includes in 1962, the acquisition of La Sauvegarde followed in 1989 of Laurier Life Insurance. Then in 1990, Desjardins Life Assurance and La Sauvegarde merged, followed by the acquisition of Les Coopérants in 1992. In 1994 the life and health insurance portfolio of the Laurentian Group and its subsidiary Imperial Life were integrated and it was shortly after in the same year when Desjardins Life Assurance becomes Desjardins-Laurentian Life Assurance. In 1995, Desjardins-Laurentian Life Assurance acquired Æterna-Life Insurance Company followed 5 years later in 2000 with the merger of Desjardins-Laurentian Life Assurance and the Laurentian Life and Health Insurance Corporation. Another merger followed in 2001 with Desjardins-Laurentian Life Assurance and Imperial Life. After all this activity, in 2002 Desjardins Financial Security was created. As recently as 2006, another acquisition has occurred of the Performa Financial Group.

Currently through Kanetix.ca, you can get quotes from Desjardins Financial Security for each of the following life insurance products:

Term 10 life insurance policy which provides coverage for 10 years

Term 20 life insurance policy providing coverage for up to 20 years

Canada Life Assurance Company

Also, known simply as Canada Life was founded in 1847. The Canada Life Assurance Company, along with London Life Insurance Company, are subsidiaries of The Great-West Life Assurance Company.

Currently through Kanetix.ca, you can get quotes from The Canada Life Assurance Company for each of the following life insurance products:

Term 10 life insurance policy which provides coverage for 10 years

Term 20 life insurance policy which provides coverage for 20 years

Equitable Life Insurance Company of Canada

Established in 1920, Equitable Life is an independent mutual life insurance company. Equitable Life Insurance Company of Canada, a mutual life insurance company was founded in Waterloo, Ontario but operates across Canada from British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Newfoundland Labrador, New Brunswick, Nova Scotia, and Prince Edward Island (PEI).

Currently through Kanetix.ca, you can get quotes from Equitable Life Insurance Company of Canada for each of the following life insurance products:

Term 10 life insurance policy which provides coverage for 10 years

Term 20 life insurance policy which provides coverage for 20 years

I A Pacific

I A Pacific, also known as Industrial Alliance Pacific, was formerly named North West Life. The parent company of Industrial Alliance Pacific is Industrial Alliance Insurance and Financial Services Inc. (Industrial Alliance). Industrial Alliance was formed as a result of a 1987 merger of Industrial, created in 1905, and Alliance, founded in 1892 (hence the name, Industrial Alliance).

In 1996 Industrial Alliance merged with The Solidarity, a life insurance company; then in 1999 Seaboard Life Insurance Company, of Vancouver, joined the Industrial Alliance Group. Now, The Solidarity, Seaboard Life and North West Life operate under the name Industrial-Alliance Pacific Life Insurance Company (Industrial Alliance Pacific).

Currently through Kanetix.ca, you can get quotes from the Industrial-Alliance Pacific Life Insurance Company for each of the following life insurance products:

Term 10 life insurance policy which provides coverage for 10 years

Term 20 life insurance policy which provides coverage for 20 years

Term 30 life insurance policy which provides coverage for 30 years

Term to 100 life insurance policy which is just like a permanent life insurance policy, only without the cash-value (which is what makes permanent life insurance policies so costly.)

RBC Insurance®

RBC Insurance is a subsidiary of the RBC Financial Group. RBC Insurance, which operates as part of the Canadian Banking segment of RBC Financial Group, is the largest Canadian bank-owned insurer.

Currently through Kanetix.ca, you can get quotes from RBC Insurance for each of the following life insurance products:

Term 10 life insurance policy which provides coverage for 10 years

Term 20 life insurance policy which provides coverage for 20 years

Term to 100 life insurance policy which is just like a permanent life insurance policy, only without the cash-value (which is what makes permanent life insurance policies so costly.)

Transamerica Life Canada

Transamerica Life Canada is a wholly-owned subsidiary of AEGON N.V., one of the largest insurance companies in the world. Since 1927, the Transamerica group of companies has provided Canadians with financial solutions including life insurance.

Currently through Kanetix.ca, you can get quotes from Transamerica Life Canada for each of the following life insurance products:

Term 10 life insurance policy which provides coverage for 10 years

Term 20 life insurance policy which provides coverage for 20 years

Term 30 life insurance policy which provides coverage for 30 years

Unity Life of Canada

Known originally as the Insurance Department of the Subsidiary High Court of the Ancient Order of Foresters (wow, what a long name) in 1898, the company changed its name in 1939 to Toronto Mutual Life Insurance Company after it was incorporated as a mutual life insurance company. In 2002, Unity Life of Canada was formed from an amalgamation of the Toronto Mutual Life Insurance Company and its subsidiary company, The Western Life Assurance Company.

Over the years there has been many acquisitions. To name just a few: The Prudential Insurance Company of America in 2006; Lincoln Heritage Life Insurance Company (Superior Life) in 2004; Liberty Life Assurance Company in 2002; Commercial Travelers Mutual Insurance Company in 1999; Mutual Life of New York in 1996; and The Western Life Assurance Company in 1991.

Currently through Kanetix.ca, you can get quotes from Unity Life of Canada for each of the following life insurance products:

Term 10 life insurance policy which provides coverage for 10 years

Term 20 life insurance policy which provides coverage for 20 years

Term 30 life insurance policy which provides coverage for 30 years

More about Canadian life insurance companies

With over 100 life insurance companies in Canada, shopping for life insurance can be confusing. Who do you go with? Who can give you the cheapest life insurance? Who is reputable and well known? There are a lot of life insurance companies to choose from when, as a Canadian life insurance shopper, you are looking to buy a life insurance policy.

Thankfully, that's where Kanetix.ca can help. Through Kanetix.ca's life insurance quote comparison service you can get quotes from the life insurance companies listed above for any of the following cities. Whether you are looking for Vancouver life insurance, Victoria life insurance, Edmonton life insurance, Calgary life insurance, Ottawa life insurance, Toronto life insurance, or Halifax life insurance, Kanetix.ca can help.

BEST INSURANCE COMPANIES IN PHILLIPINES

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Sun Life Insurance

Sun Life Financial, through its member company, Sun Life of Canada (Philippines), Inc., offers individual life insurance products to fit your lifestyle. We offer financial security for you and your family. Sun Life Financial has been helping meet the demands of these changing times through these products.

New York Life Insurance (Philippines)

New York Life Insurance Company has shown an unshakeable reputation in ensuring the future of its clients. Now that its subsidiary in the Philippines, New York Life Insurance (Phils.) Inc., starts to expand, it aims to make the Company’s products the Filipino’s No. 1 choice in life insurance.

Phillipines Inusrance Commission

Insurance touches all our lives in a multitude of ways. It is an essential element in our present day life, securing our standards of living and the stability of our families, as well as our property rights. Everyone in this country feels the protecting arm in some form of insurance and most of us are affected by the many forms of its protection.

HSBC Insurance Brokers

Guided by a vision to become the Philippines' premier insurance broker, HSBC Insurance Brokers (Philippines), Inc. began its operations in 2002 with sights focused on developing corporate, commercial and personal banking business.

Philippines Health Insurance

Medical costs in the Philippines may be less than a foreign national is used to, however if you are paying these expenses out of pocket they can place a high amount of burden on your personal finances.

Phillipines Travel Insurance

At Atlas we champion one thing above everything else, a top quality Cover with the Worlds top insurance companies at a rate that nobody can beat. If you see a lower price offered for a like-for-like policy from one of our competitors, we will beat that quote by £1 without quibble. No other insurance company is offering this exceptional price guarantee.

Prudentialife Plans, Inc.

We provide total customer satisfaction reinforced by information technology along with our management team, business associates and shareholders.We continue to create and deliver products and services of the highest quality through hardwork and prayer, for God and country. We provide a working environment where innovation, excellence and professionalism are fostered, recognized and rewarded. We continuously strive to achieve fair returns for our shareholders and diligently practice and observe good corporate governance to keep the trust and confidence of all our publics.

Ayala Life Assurance, Inc.

BPI's strength is clearly built on this heritage. It is the basis for BPI being synonymous to trustworthiness, security, prestige, and banking excellence. It is also the springboard for the role that our Bank wants to take on, as it continues to be relevant to the lives of Filipinos today.

First Filipinas Insurance Brokers Corporation

First Filipinas Insurance Brokers Corporation started its commercial operations on February 8, 1995. Despite its size, it satisfactorily delivers non-life insurance products to its clientele.

Government Service Insurance System

The GSIS, created by Commonwealth is mandated to provide and administer the following social security benefits for government employees: compulsory life insurance, optional life insurance, retirement benefits, disability benefits for work-related contingencies and death benefits. In addition, the GSIS is entrusted with the administration of the General Insurance Fund by virtue of R.A. 656 of the Property Insurance Law. It provides insurance coverage to assets and properties which have government insurable interests.

Philam Group of Companies

Offers a wide variety of insurance and financial services in the Philippines: from life and general insurance, pre-need plans, health care management, property development, mutual fund investments, savings and mortgage, property and casualty insurance and credit cards.

The Professional Group Plans Corporation

Professional Financial Plans is the first pension plan company in the Philippines and is consistently one of the country's top 10 pre-need companies. Headquartered in Mandaluyong City, and conducting business in approximately 40 branches nationwide, this highly dynamic corporation is engaged in sales and marketing of: pension , education , life.It is also a leading advocate of entrepreneurship and financial independence.

Yacht insurance

Yacht insurance is categorized as "difficult to deal with". Most insurance companies don't want to hassle with yacht insurance or private boat insurance, and they will only do it as a favor to existing clients. They have no idea of how to value a sailboat. If they have a Marine department, they will probably refer you to people who insure cargo tankers, airplanes, and merchant ships. This is their standard marine insurance department. Insurance brokers will usually quote a very high rate, and you will be dealing with someone who has no idea what you need.

AsianLife Financial Assurance Corporation

We are a leader in specialized risk solutions, offering one of the widest ranges of specialized insurance products to various institutions throughout the Philippines.

BF Life Insurance Corporation

For over two decades now, the BF Life Insurance Corporation has been sponsoring liturgical services at the Manila Cathedral. The initiative is pretty much in keeping with the company’s commitment to promoting love for the family, a resonant message of care and empathy, which motivate its business vision.

Beneficial-PNB Life Insurance Company, Inc.

Life Insurance company serving in Manila, Phillipines.

Country Bankers Life Insurance Corporation

Life Insurace corporation working in Phillipines.

First Guarantee Life Assurance Company, Inc.

First Guarantee Life Assurance Co., Inc. (1st Life) is a dynamic provider of financial products and services designed for the protection of the family. From its corporate office in Makati and with a network of highly professional career underwriters, First Life maintains a coveted position among life insurers in the country today. Specializing in both group and individual coverage, First Life's suite of life insurance products allows clients to fulfill the complex financial needs of the family while improving cash flow and managing future obligations.

Great Pacific Assurance Corportation

The Great Pacific Assurance Corportation is the life insurance flagship of Yuchengco Gruop of companies (YGC) , One of Southeast Asia's largest conglomerates. It is consistently one of the top ranking players and leading group insurance in the Phillipines today.

Insular Life Assurance Company, Ltd.

Insular Life is the Filipino insurance provider of choice. We are a major player in financial services, offering a full-range of high-value products and services.

Nippon Life Insurance Company of the Philippines, Inc.

GREAT LIFE FINANCIAL is proud to be among the most financially stable companies in the Philippine Life Insurance industry with almost Php 3 Billion in assets. It has a paid-up capital and contributed surplus of Php 1 Billion, which is way above the minimum requirements set by the Insurance Commission.

Philippine Axa Life Insurance Corporation

A Partnership between two formidable financial giants. Metrobank is one of the largest and most trusted bank in the country. The Global AXA Group is the largest and one of the most respected providers of Financial Protection and Wealth Management in the world. Both organizations have joined together to bring life confidence to every Filipino Family.

Standard Insurance Company

As a leader in motorcar insurance and a strong player in property insurance, we are committed to provide quality service by continuously raising the standards of our competency and professionalism, and through integrity.

Pioneer Life, Inc.

Pioneer Life offers a wide range of products, whether group or individual coverage. Its products are competitively priced and cater to the specific needs of its customers.

Primerica Life Insurance Company, Inc.

What started as a small insurance company doing business in the United States has exploded into a global enterprise with 6 million clients in countries around the world. This revolutionary vision fueled the creation and success of Primerica in the United States, Puerto Rico, Guam, Canada and Spain.

Sony Life Insurance Phillipines Corporation

Sony Life Philippines is Sony Life Japan's first overseas operation. It plans to become the regional headquarters in Southeast Asia. Sony Life Philippines is here to contribute to the financial security and stability of Filipinos by providing optimum life insurance policies with the highest quality of service.

TOP 10 COMPANIES FOR LIFE INSURANCE IN SWEDEN

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1. Erika Travel:
As the name indicates, this company is associated mainly with travel insurance but in the recent past, it has broadened its sphere of influence. It is not only providing the people with insurance at a very low rate also it is serving as an institution which is serving the people by giving them unique advices related to the field.

2. Sweedish Club:
This is an exclusive marine insurance company working in Sweeden. This is not only at the top among the marine insurance companies nationally but it is very much recognized and praised by the world insurance market. Their customer services are just commendable which makes them what they are.

3. Lawson Insurance:
As the world has become materialized, every thing is being seen in the parameters of the technology and resultantly the prices of each and everything has risen. But believe it or not, this company is providing you quality insurance at very affordable rates with high class customer services.

4. Wasa Insurance:
This is a worldwide company which is offering its services to almost every nation of the world. It is working in Sweeden for the last 15 years and the quality standards have risen day by day which is an example of their rapid success.

5. Provins Insurance:
This is a multiple inurance provider company but mostly deals in ship and marine insurance. This company has changed the trends which were prevailing for many years somewhat denting the market. They also have revolutionized the customer service which they dont compromise on.

6. Alecta Insurance:
This is a customer friendly insurance company aiming to benefit the people by providing them such polices which are in accordance to their budget and also their need. This company is having almost the highest buSkagdet in the market which they have only achieved by their sheer hard work.

7. AMF insurance:
This company mostly deals in pension insurance and make the older people happy by providing this. The major customers of this company are of older age but trends have changed and this company has shaped itself as global company.

8. skandvia Insurance:
This is life insurance provider of the country which recently has opened its branches worldwide. Due to their high class customer services, they are highly rated in the market. They are rated as one of the top insurance providers only because of their efforts which they have made.

9. Handelsbanken Insurance:

This is another insurance provider company which mostly deals in life insurance. Though this company remained un noticed for many years but still they persisted with their hard work which repaid at the end and now they are among the leading insurance providers in the country.

10. Verdant Insurance:
This is a multiple insurance provider in the country which does not seem to stick to one aspect only. Serving the people with many insurance has not hindered their policies and services which they provide to their customers. This company fully deserves to be in the top ten.

TOP 10 COMPANIES FOR LIFE INSURANCE IN WORLD

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1. American International Group, United States
The American International Group, Inc., or simply AIG, is the world giant in the international insurance and financial service industry. It is the world leader in the international insurance business with strong presence in over 130 countries and financial jurisdictions. This Global Giant exerts immense influence on world economy that its collapse can also bring down major economies of the world.

2. AXA Group, France
AXA Group takes second spot in our list and lands at 15th spot for the list of the largest companies worldwide. AXA, through it major affiliates and subsidiaries which are recognized major players in five business segments. These are in the business segments of Savings and Life, banking segment, Property Management, global insurance and Property-Casualty segment.

3. Allianz Worldwide, Germany
Allianze Worldwide is recognized as the second biggest financial service oriented company globally. Its base of international insurance and financial operations is in Munich, Germany.

4. Manulife Financial, Japan
Manulife Financial and its major subsidiaries is the 4th biggest insurance company based on market value. Manulife Financial specializes on asset management and financial protection services. It also has stakes in the Oil and Gas industry sector.

5. Generali Group, Italy
The Generali Group specializes in property management and financial protection services. It is one of Europe’s leading insurance companies with operations in over 40 countries and major financial jurisdictions.

6. Prudential Financial, United States
Prudential Financial is a leading insurance company that specializes on financial protection and property management. It has strong presence in countries in Asia, Latin America and Europe. Its head office is located at Newark, New Jersey.

7. MetLife, United States
MetLife is one of the leading financial and insurance companies in the US. Its international operations a comprehensive package of financial protection and asset management services for individual and corporate accounts in Latin America, Europe and Asia.

8. Aviva, United Kingdom
Aviva is the leading insurance company in UK and number 8 globally when it comes to market value. The company offers comprehensive financial protection and property management services. It also has presence in several countries which include major subsidiaries in Poland and The Netherlands.

9. Munich Re Group, Germany
Munich Re Group is the second German insurance company that is included in our circle of leading insurance companies. Munich Re Group is the leading risk carrier with a strong global presence. It has existing operations in Australia, Asia, Africa, Europe, and North and South America.

10. Aegon, The Netherlands
Aegon is the leading Dutch insurance company. It specializes in financial protection and property management. It also has overseas operation in the United States, Taiwan, Philippines, Mexico, Canada, Hong Kong and several countries in Western Europe.

TOP 10 COMPANIES FOR LIFE INSURANCE IN INDIA

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Life Insurance Corporation of India :

This leading Insurance company of India was established in the year 1956 by the alliance of 16 non-Indian companies,154 Indian Insurance Companies and 75 provident. It has 100 divisional offices,2048 computerized branches,7 zonal offices and the company's corporate office. It has introduced new strategies for the facilitation of the customers like the IVRS,ECS,ATM Premium payment facility and the company's Info centers in Mumbai, Delhi, Chennai, Kolkata and many others cities.

Bajaj Allianz Life Insurance:

This Indian Insurance company is a joint venture of Alliance AG,which is one among the largest Life Insurance companies and Bajaj Auto,one among the biggest 2- & 3 wheeler producers in the world. The Company has various plans for the customers like the Pension,Retirement,Life Time Care,Health Care,Life Insurance Online,Life Insurance Saving Plans, and online services like the Address change,Renewal Premium Payment etc.

Tata AIG Life :

This renowned life Insurance company in India offers a wide array of products related to life insurance for associations,individuals and businesses. The company offers high quality solutions to its corporate Indian clients. It renders services like the AIG Health First,AIG Health Life Protector, Tata AIG Life Hospi Cash Back, Tata AIG Life Maha Gold, Tata AIG Life Assure 10 Years and many others. The company is a joint venture of America International Group and TATA group.

Birla Sun Life Insurance:

It is one of the major insurance companies in India and a joint venture of Sun Life Financials and Aditya Birla group. The company provides Life Insurance Solutions to meet the needs of Protection, Retirement and Saving .It has recently launched the Money back Plus Plan and offers Insurance programs like the Children,NRI,Riders,Health etc.

SBI Life :

This renders premium Insurance solutions like SBI Life-Smart ULIP,SBI Life-Group Criti9, SBI Life-Unit Plus Child Plan etc. It also offers services like the NRI services,Premium Payment Procedure,ECS Facility,RPI/RFI and many others. SBI Life is a joint venture of BNP Paribas Assurance and SBI.

Max New York Life:

This Life Insurance company in India provides the best solutions related to life insurance like children's plan, retirement solution, Investment, Protection, Health,Savings etc. The company has 14 corporate agency tie ups, 33 bankassurance relationships and direct sales force at 14 locations. It is now covering 36 products related to life and health insurance.

Kotak Life Insurance:

This premier Insurance company in India offers insurance facilities related to Savings,Investments,Child,Retirement,Protection, Kotak Long Life Secure Plus,Kotak Long Life Health Plus etc. It opens up services like Insurance Guide, NAV, Premium Payment Options and many others.

HDFC Standard Life:

This is one of the major market leaders in the insurance sector in India. The company offers Insurance services like the Group Plans,Health Plans,Protection Plans,Retirement Plans,Savings and Investment Plans etc. The customer base of the company is about more than 7 million who depend on the company for pension,investment,banking needs.

Reliance Life :

The company based in India offers the best plans for Life Insurance in India. Reliance Capital Limited's associate company is Reliance Life which is one of the leading private sectors in India. The company provides the Protection Plans,Child Plans,Retirement Plans and Investment plans and is also the ultimate solver of solutions

for Groups and Individuals.

ICICI Prudential:

This major Insurance Company in India provides health Insurance,life insurance,ULIPs,ULIP,Retirement Plans and many others. Life Insurance Plans of the company covers Premium Guarantee Plans,Education Insurance Plans etc. Pension Plans encompass LifeStage Pension,Forever Life. Health Insurance Plans cover Hospital Care,MediAssure.

BEST LIFE INSURANCE COMPANIES IN PAKISTAN

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East West Life Assurance Company

East West Life is an important player for Pakistan's health and life insurance companies and offers a full range of insurance products, including:

• Health Insurance
• Life Insurance
• Fixed monthly income benefits for 20 years (in case of permanent disability)
• Accidental medical reimbursement insurance
• More products and many services can be customized to meet the needs of all people in all walks of life.

New Jubilee Life

New jubilee life insurance Company is a best PVT insurance company in Pakistan. New jubilee was a subsidiary of the Aga Khan Fund for Economic Development, Switzerland. Now, it offered a post-sales consulting and sales department of Lahore operation.
We are the only Life Insurance Co. in Pakistan, offering salary correction COMMISSION energy sales.

Eastern Federal Union (EFU)

In 1992, the Government of Pakistan reopened the market for life insurance for private sector organizations and EFU Life Ltd was established in November 1992 as the first life insurance company's private sector. In early 1993, UFC began writing life insurance life and in March 1994, the company began writing its individual life business.
EFU Life manages a group of professionals with extensive experience of living in the United Kingdom. This has helped the company create a professional culture unique amongst life insurance companies in Pakistan.

State Life Insurance Corporation (Karachi)

State Life offers a very complete range of products and a wide range of clients, ranging from an average man in the street, and the wealthiest individuals.
One of the unique plan to offer their insured’s when the insured pays only 5 premium and get huge amounts of 4 to 5 times the sum insured.
Our services would be beneficial for you and your family and plan design to your needs, giving you peace of mind and total financial freedom.

American life insurance Co. (PAK) LTD

CONTACT INFO

Address: Suite # 701-702, Park Avenue Block-6, PECHS.Shahrah-e-Faisal
City: Karachi 74200
Country: Pakistan
Phone: 9221-4312075 / 4312068
Fax: 9221-4312076

The Metropolitan life Insurance Co.of Pakistan LTD

CONTACT INFO

Address: 310, Qamar House M.A.Jinnah Road
City: Karachi 74000
Country: Pakistan
Phone: 9221-2311665 / 2311662 / 2310904 / 2310726
Fax: 9221-2311667
Contact People: S.M. Qaiser Mehdi

Union Insurance Co. of Pakistan LTD

CONTACT INFO

Address: 9th Floor, Adamjee House I.I.Chundrigar Road
City: Karachi 74000
Country: Pakistan
Phone: 9221-2416172 / 2416171 / 2416173 / 2416174
Fax: 9221-2420174

TOP 10 COMPANIES FOR LIFE INSURANCE IN USA

2011-05-13T21:29:00.000-07:00

Top 10 Best Life Insurance Companies Policy in USA

To have a perfect life insurance policy, you treasure the future of your family and no doubt it is a good investment, it secures your financial stability in troubled time. To decide which insurance policy to have, it includes factors like reliability; price, financial backing and flexibility play a big role.

And when you are in USA it is always difficult to find a perfect and ideal insurance policy. So the first step is to find the 10 top life insurance companies who provide you with the above mentioned facilities. There are companies in USA which enjoy popularity and register phenomenal growth in their revenues, year after year and are the esteemed one in providing good facilities.

So here is listed the top ten Life Insurance Companies in USA.

10. North Western Mutual

This is one of the recognized insurance company in USA and provides many benefits like Guaranteed Death Benefit, Guaranteed Minimum Cash value and many other benefits have lapped them many customers

9. Principal Financial

Quality service is always their motive and their insurance policies are quite different which includes dental and vision insurances as well.

8. AFLAC

This company is rated among the top ten life insurance company as it has the host of health and accident insurance policies. It possesses massive assets which gives them customers from all over the world.

7. Genworth Financial

These people offer traditional term life insurance, universal life insurance and term life insurance with premium options.

6. Lincoln National

It is also one of the best life insurance companies of the world. They have Term life, Universal Life, Linked Benefit life and variable universal life insurance packages. They not only give you the insurance package but they are also known for their professional advice.

5. Massachusetts Mutual Life insurance

This company is growing day by day and their customers are becoming more and more. With the main life insurance packages they also offer disability income insurance retirement plan services, long term care insurance and insurance regarding annuities.

4. TIAA-CREF

Their insurance packages include level as well as renewable term. Their company has the headquarter in New York and they have 60 more branches through out the USA.

3. New York Life Insurance

They have changed their offers to suit the times and the effect of it has trimmed their strategies. Their insurance packages can be classified into four categories; term insurance, permanent life insurance, survivorship insurance and for business as well.

2. Prudential Insurance Company of America

As being in the top ten lists, this insurance company offers life insurance policies under five categories. They are Term life insurance, universal life insurance, whole life insurance, variable life insurance and survivorship insurance.

1. MetLife

This one is the top and most renowned company in USA and these are top insurance providers. They offer permanent life insurance to the citizens of USA

LEADING INSURANCE COMPANIES IN USA

2011-05-13T21:19:00.000-07:00

Insurance has been a profitable business in the United States of America. They contribute a sizeable portion of the state's revenue. Moreover American Life Insurance companies are dominating the insurance markets all over the world. They have to be analyzed in detail as some of them have been rated as the best life insurance companies.

The 5 leading best life insurance company in United States are as follows:

1) MetLife

2) Prudential Insurance Company of America

3) New York Life Insurance

4) American International Group

5) Mass mutual financial group

TOP 1O UK LIFE INSURANCE COMPANIES

2011-05-13T21:12:00.000-07:00

Lloyd's total

Lloyd's

Aviva plc

Aviva International Insurance plc

Norwich Union Insurance Ltd

Gresham Insurance Co Ltd

Hamilton Insurance Co Ltd

Royal Bank of Scotland

Direct Line Insurance plc

UK Insurance Ltd

Churchill Insurance Co Ltd

National Insurance and Guarantee Corp Ltd

Royal&SunAlliance Grp

Royal & Sun Alliance Insurance plc

Axa

Axa Insurance PLC

Axa Art Insurance Ltd

AIG

New Hampshire Insurance Co (UK Branch)

AIG UK Ltd

HSB Engineering Insurance Ltd

Zurich Financial Services

Zurich Insurance Company (UK branch)

ACE

ACE European Group Ltd

BUPA

BUPA Insurance Ltd

Allianz

Allianz Insurance plc

Euler Hermes UK plc

Euler Hermes Guarantee plc

British Reserve Insurance Co Ltd

WHAT IS LONG TERM INSURANCE?

2011-05-13T20:33:00.000-07:00

Long-term care insurance is a form of medical insurance where the purchaser pays premiums in exchange for certain benefits related to long-term care. The benefits vary from policy to policy. Benefits can include a daily amount for nursing home or assisted living care, home care, or day programs for the elderly. Insurance policies also differ on the waiting period before payments begin, the amount paid per day, and the length of time the policy covers. The average long-term care policy covers 2–5 years, and the purchaser can use that time all at once or for short-term care as needed.

Most long-term care policies sold so far have been private insurance purchased by individuals. Now more employers have begun to sponsor long-term care plans, though the employers usually don’t contribute to the plans. The federal government created the Federal Long Term Care Insurance Program in 2002, which allows federal employees, retirees, and some family members to purchase long-term care coverage through the federal government. These plans may require lower premiums and will cover people with health problems that would cause them to be denied individual coverage.

Cost of long- term care insurance differs widely depending on several factors. The most important factor is the age of the purchaser. It’s most economical to buy this insurance when the purchaser is in his or her 40s or 50s. After that the premiums will increase approximately 8–9% a year, so that a person who waits till the late 70s to purchase the insurance may have to pay an annual premium of over $6,000.

The health of the purchaser is also an important factor. The insurance companies are less concerned with conditions that can kill the purchaser, but they are very concerned about mental deterioration that may require care for many years. Some purchasers with health problems are denied coverage and others are charged high premiums. Younger purchasers are less likely to be disqualified for health reasons.

The benefits of the policy will also affect the costs. The most significant policy provision affecting costs is an automatic inflation increase in the amount paid per day of care. Though this provision increases premiums, purchasers without it will often find that the policy amount isn’t enough to cover the cost of long-term care when they finally need it. Annual premiums can range from around $250 for younger purchasers to over $6,000 for those already elderly.

BUSINESS INSURANCE LAW FOR EMPLOYEE

2011-05-12T08:47:00.000-07:00

Is a business required to provide health, life and other insurance coverage for its employees?

While many employers provide health insurance and other employee benefits for workers, the law generally does not require a business to do so. Most businesses provide these and other benefits to attract and retain good employees and as an additional form of compensation. However, employers generally must carry workers' compensatioN insurance to cover workplace injuries and illnesses. Additionally, businesses that employ unionized workers must provide whatever benefits are required by the terms of their union contracts, and it also may be necessary to provide certain types of employee benefits as a condition of doing business with or for certain governmental entities or agencies. A few states have decided to adopt laws requiring employers of a certain size to provide health insurance. Check with your state'sinsurance or labor department to see if your state has adopted such a law.

BUSINESS INSURANCE EXCLUSION AND LIMITATION FAQS

2011-05-12T08:43:00.000-07:00

What are "exclusions" and "limitations" in an insurance policy and how do they affect my

insurance coverage?

An "exclusion" is a statement in an insurance policy which describes a condition or type of loss that is not covered by the policy. An exclusion is an exception to the general statement of coverage contained in the policy. For example, an auto liability policy typically states that it will pay damages for bodily injury or property damage for which an insured becomes legally responsible because of an auto accident. The same policy typically would have "exclusions" that provide, for example, that there is no coverage if the injury is caused intentionally or if the injury is caused by a person who uses an insured vehicle without permission.

A provision found in some policies which is similar to an exclusion is called a "limitation." A limitation also is an exception to the general statement of coverage but is applicable only under certain circumstances or for a specified period of time. For example, a health insurance policy often contains a "preexisting conditions" limitation, which states that the coverage does not apply to an illness or other medical condition that has been treated or diagnosed within a certain period of time (e.g., six months) prior to the beginning of the policy. However, after the policy has been in effect for a specified period of time (often six months to one year), the limitation will no longer apply and subsequent treatment for the preexisting illness or condition will be covered.

Since exclusions and limitations "take away" some of the coverage of the policy, the law requires that they be clearly written and very specific. In the event of a reasonable difference of opinion over how to interpret the meaning of an exclusion or limitation, a court generally will resolve the dispute in favor of the policyholder by adopting the narrowest or most restrictive interpretation.

BUSINESS INSURANCE

2011-05-12T08:40:00.000-07:00

Is a business required to have certain types of insurance?

All businesses must provide Workers' Compensation coverage for the benefit of their employees who may be injured while on the job. This is a requirement of the law in every state. For most businesses, this requirement is satisfied by purchasing Workers' Compensation insurance, which is available from private insurance companies in most states. In a few states this coverage must be purchased from an agency of the state government.

Often there will be contractual requirements for businesses to have certain types of insurance. For example, the terms of a lease Often there will be contractual requirements for businesses to have certain types of insurance. For example, the terms of a lease for an office or store or factory usually will require the tenant to have certain types of insurance to cover its operations conducted on the leased premises. If a business borrows money, the loan documents often will require that a specified amount of insurance must be maintained to cover the business's property and liability exposures. Leases for office equipment may require insurance to cover potential damage to the equipment. All contracts and leases entered into by a business should be carefully reviewed for insurance requirements. Failure to maintain the required insurance could be a basis for termination of the contract or lease.

GROUP LIFE INSURANCE PROS

2011-05-12T08:34:00.000-07:00

Facilities of Group Life Insurance

There are many life insurance plans available in the market which can turn Group Life Insurance into an individual insurance policy. This happens in cases when an individual leaves the particular company. Group Life Insurance plans are tax deductible which makes this plan even more attractive for the employees.

Most of the insurance companies do not demand medical checkups for Group Life Insurance. So those who are physically unfit still get covered by remaining under Group Life Insurance which they would not have got individually. So the companies that offer good Group Life Insurance can have some of the best employees in the market.

Seniors Life Insurance, Old Age Pensioner (OAP) Life Insurance

2011-05-10T10:20:00.000-07:00

Senior life insurance is bought by an elder to provide financial security to his/her family members. Through life insurance for elders, you can protect your home mortgage and manage your requirements for planning your estate. Although most people have life insurance, its benefits are usually too low to cover most of the critical expenses that are incurred right after the death of a policyholder.

Senior Life Insurance: Features

There are many myths surrounding senior life insurance. One of them is that seniors do not qualify for life insurance. However, the law in several states necessitates seniors to acquire life coverage.

Moreover, in most states, life insurance is protected from creditors and exempt from inheritance taxes, which makes this policy an excellent way to ensure that your wealth is transferred to survivors.

Life insurance for elders can be difficult and costly, since the life expectancy for seniors is low. Thus, most of these policies require an applicant to undergo tests and probing that determine his/her health.

Senior Life Insurance: Types

There are several types of senior life insurance policies:

· Term life insurance for seniors: This type of life insurance is best for those who have fixed income and view an insurance policy as a means to provide financial security to their family, instead of being an investment vehicle.

· Whole life insurance for seniors: With improving lifestyle and better medical care, the age span of elders is increasing. This increases the chance of a policyholder outliving the term of his/her life policy. The renewal of a term policy in such a case would result in a significant increase in premiums, adding to your financial burdens.

· Single-pay insurance: A person who has accumulated sufficient wealth can choose to pay a onetime premium. A single-premium policy can double or triple in value in a short span of time. Moreover, one can structure the death benefit to be tax free.

· Guaranteed acceptance life insurance: One can choose to buy a no medical exam policy. However, death benefits are limited in case a policyholder dies a natural death within a couple of years after the policy comes into effect. Once a policyholder survives this two-year period, his/her family is entitled to full benefits. This type of policy pays the full death benefit in case a policyholder dies in an accident even immediately after the policy comes into force.

LIFE INSURANCE PREMIUM

2011-05-10T10:08:00.000-07:00

Life Insurance Premiums are certain amounts of money that are paid to the insurer to keep a life insurance going. Life Insurance Premiums are money paid by an insured to the insurer in advance. partly to compensate for the money that might be in use if the insured dies within the insured time and without paying to much of money in advance.

Premium Amount and the Options Available for Insureds
Amount of the Life Insurance Premiums, whether it is monthly, periodic or yearly depend on the kind of insurance policy one has insured himself or herself. There are many kind of Life Insurance Premiums available in the market and one has to choose the best for himself or herself.

If one has a steady income he or she can go for high Life Insurance Premiums and can avail the facilities of Life Insurance as well as other facilities like pension plan, juvenile coverage and a monthly income plan and many other things. But someone who does not have a steady income nor does he or she avail a secure future also can go for insurances which are lower in nature and only provide cover for something specific, like death.

Types of Policies and Premiums
Those who pay a fixed and high rate of Life Insurance Premium to avail a Whole Life Insurance also get the benefit of cash back as the policies get matured. This is one benefit that makes one to go for Whole Life Insurance in spite of problems. One can also borrow some money from the insurance company if he or she pays a high rate of Life Insurance Premiums. If someone stops paying Life Insurance Premiums in the middle of the contract he gets back some kind of money if he has the Whole Life Insurance Policy.

Those who go for Term Life Insurance and pay a low Life Insurance Premium find their policies lapsed once he or she stops paying Life Insurance Premiums and he or she does not even get a single penny back from the company.

2011-05-09T02:42:00.000-07:00

Can I buy a life insurance policy on someone else's life? What is an "insurable interest"?

To prevent people from taking out a life insurance policy on the life of a stranger and then killing them to get the life insurance proceeds, or having life insurance become a gambling device -- "I'll pay you $500 now and if O.J. Simpson dies in the next two years you'll pay me $25,000" -- persons purchasing a policy must have an "insurable interest" in the life of the person being insured.
In dealing with life insurance, an "insurable interest" generally means a substantial interest engendered by love and affection in the case of persons related by blood, and a lawful and substantial economic interest in the continued life of the insured in other cases. People are always considered to have an insurable interest in their own lives, and generally also have an insurable interest in the lives of their spouses and dependents. Business partners may have an insurable interest in each other, and a corporation may have an insurable interest in its employees' lives, particularly key employees.

COVERAGE

2011-05-09T02:37:00.000-07:00

How much coverage will a typical auto insurance policy provide?

Minimum required coverage amounts are determined by each individual state and must include bodily injury liability for one person per accident, bodily injury liability for all injuries per accident, and property damage liability per accident. For example, in the state of Michigan, all drivers must carry an insurance policy with a minimum coverage of 20/40/10, which is equal to $20,000 bodily injury liability for one person, $40,000 bodily injury liability for all injuries in one accident, and $10,000 property damage liability.

Bodily injury liability (BI) coverage specifies that the auto insurance company will pay for another person’s medical and rehabilitation expenses and any damages for which they may sue. Property damage liability protects the policyholder against liability for damage to property belonging to others, including the loss of the use of the property. In most states, the insured must buy an auto insurance policy that offers at least $5,000 worth of property damage coverage. Many standard auto insurance policy contracts include a higher limit, often $25,000.

ABOUT POLICY OF AUTO INSURANCE COMPANY

2011-05-09T02:33:00.000-07:00

Can an auto insurance company provide several different types of insurance policy?

Different auto insurance policy types may be purchased depending on the needs and wants of the insured. Auto insurance policy coverage may include bodily injury liability, property damage liability, and medical payments. An insurance policy may also cover the physical damage sustained by a collision. All states require auto insurance policy coverage of bodily injury liability and property damage liability.

WHAT IS AUTO LIFE INSURANCE?

2011-05-09T02:29:00.000-07:00

An auto insurance policy is a legally binding contract between an auto insurance company and the person who buys the policy. The buyer is called the "insured" or the "policyholder." In exchange for payment of a specified sum of money, called the "premium," the auto insurance company agrees to compensate the policy holder for certain types of loss or damage resulting from an automobile accident. When a loss occurs that meets all of the requirements described by the terms of an auto insurance policy, the loss is said to be "covered" by that insurance policy.