Essays on Policyholder

Introduction

Throughout this discussion, we will analyze the history of life insurance companies, any major events which impacted the life insurance industry, including the Great Recession of 2007 which lasted for two years, rules or regulations proposed by Congress that govern the present operation of life insurance companies, including any changes of insurance laws, the current Presidential candidates plan on implementing for the life insurance industry and future expectations of the operational life insurance environment.

History

The life insurance industry began in the ancient city of Rome around 100 B.C. The Roman militant leader named Caius Marius, had created a certain ...

Abstract

This paper explores various published articles that address employee insurance programs available for employees in an organization, particularly in the United States. The article discusses different aspects life insurance and disability so that when they are evaluated collectively, they create a rational analysis of the subject of the research. Hasman et al. (2004) explain the current employee insurance situation in the country. Martoccio (2010) and Fronstin (2007) provide a detailed discussion of employee benefits. The discussion available in these two sources tends to create several categories of both life insurance and disability insurance, describing how offering such plans may ...

Financial Institution Supervision: Insurance Companies

Introduction Insurance, in the simplest terms, means a transference of risk from the insured to the insurer. Around the world, individuals, families and businesses take advantage of the provisions of insurance so as to protect the possibilities of catastrophic losses that could occur due to loss of life or failure of a business. Over a period of time, the insurance industry has matured to throw up a multitude of products, and has grown into a multibillion-dollar industry. The management of risk is the key to the operations of the insurance industry. While insurance agencies have necessary internal checks and ...

Introduction

Automobile liability insurance is generally a mandatory practice in most of the countries of the world including the United States. There are four major categories of car insurance, which include tort liability, choice no-fault, add-on, and no-fault insurance. The major differences in these car insurance types include availability of restrictions on the right to sue and if the policy holder’s insurer pays first party benefits, notwithstanding which driver was at fault for the occurrence of a motor vehicle accident. According to the Insurance Information Institute, the no fault insurance is usually intended to lower the cost of automobile insurance ...

Abstract:

The elongated report is a proposal to invest either in 401k or the Indexed Universal Life (IUL). Important to note that it was very important to discuss the issue as many Americans are just investing their annual contributions to the traditional 401k, juts because others are doing it. But is this the best option to consider always? The report begins with statistical evidence comparing the performance of 401k and the IUL which gives a clear interpretation that the structure of IUL is itself investor-friendly and is association with features as S&P 500 Index, caps, floors and many others, make it a ...

Following the American Psychological Association’s Guidelines

Educational Institution CAR TRACKING DEVICES AND THE EFFECT ON car insurance PREMIUMS Introduction Insurance is an agreement where the insurer (company) agrees to pay to the policyholder (individual or company) a certain amount to compensate for loss in the event of the occurrence of an uncertain event (Feldman and Brown, 2005). Insurance coverage transfers the risk of loss from an event occurring in exchange for the payment of a fixed amount of money called the insurance premium. Risk recognition is a factor in determining the amount of premiums that would be paid by the policyholder. Premium computation takes into ...

Cover Letter

The purpose of this essay is to open the possibilities for alternative approach in healthcare reforms. The people in general rely on the benefits of healthcare insurance for a more affordable health maintenance option. However, the economics of healthcare pushes its cost to all-time high and pushes the financial limits of most average policyholders. Therefore, it is reasonable to introduce a different approach, which relies on health risk prevention through healthy eating. Writing this paper brought me to a level of realization that there is hope for something that most people thought was absolute. People though that in order to make ...

Introduction

This study, in particular, would tend to gain insight and relevant information on the insurance industry. In order to do so, the history of the insurance would be first taken into consideration. This would significantly help to gain basic information regarding the industry and the target market and target audience of the industry. In addition, the corporate stakeholders of the industry would also be evaluated along with the issues being faced by the stakeholders. For an industry to prosper and flourish in the market, it is essential to take the issues that are being faced by the corporate stakeholders ...