Up to 47% of American households have a dog, and for insurance companies, these households represent a risk. In 2013, homeowners insurance policies paid out some $483 million in dog bite liability claims. Obviously, insurance companies would rather not be shelling out hundreds of millions of dollars over dog bites.…
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Mistakes to Avoid When Shopping for Long-Term-Care Insurance
It’s a decision many baby boomers are grappling with: Should I buy long-term-care insurance? The decision has never been more difficult. According to researchers at Georgetown University and Pennsylvania State University, about 70% of individuals 65 and older will need long-term care—whether at home or in an assisted-living facility or…
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Does health insurance increase your lifespan?
The mortality rate in Massachusetts declined substantially in the four years after the state enacted a law in 2006 mandating universal health care coverage, providing the model for the Affordable Care Act. In a study released last week, Harvard School of Public Health professors Benjamin Sommers, Sharon Long and Katherine Baicker conclude…
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5 things to know on children’s life insurance
Policies for children represent a small fraction of the life insurance market, but they made the news this week after a court hearing for a Georgia man accused of killing his young son by leaving him in a hot car. Testimony and court documents revealed that Justin Ross Harris and…
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Hosting a Super Bowl party? Watch out for these 3 risks
Revisiting some old Super Bowl party tips that should still apply to this year…. The clock is counting down to kick-off time for this year’s Super Bowl , and you’re in the midst of party planning. But have you added reviewing your insurance coverage to the checklist? Most people probably…
