Who Was Belle Gunness? Norwegian born Belle Gunness immigrated to the U.S. in 1881. A series of suspicious fires and deaths (mostly resulting in insurance awards) followed. Belle also began posting notices in lovelorn columns to entice wealthy men to her farm, after which they were never seen again. Authorities eventually found the remains of over 40 victims on her property, but Belle disappeared without a trace. Early Life Belle Gunness was born Brynhild Paulsdatter Strseth on November 22, 1859 in Selbu, Norway. The daughter of a stonemason, Gunness immigrated to the United States in 1881 in search of wealth. What followed were a series of insurance frauds and crimes, escalating in size...
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Life Insurance Riders © FatCamera/Getty Images An older couple sitting together on a rocky beach. A basic life insurance policy offers financial protection for your loved ones after you pass away. It can keep them from being burdened by your debt or the costs of your funeral. But sometimes you need more than just a basic policy. If that's the case, you can purchase a life insurance rider to add extra benefits to your life insurance policy. In this article, we'll explain what a life insurance rider is, what types of riders you can get and whether or not they're worth the extra cost. What is an insurance rider? An insurance rider is an add-on policy that provides additional coverage and...
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Why Having the Proper Insurance is Important for Millennials It’s beneficial for millennials to understand the importance of having the proper life insurance coverage. You never know when the unexpected can happen, so making sure you and your loved ones are protected with a life insurance policy is a safe way to ensure a secure future for everyone. Life Insurance in Numbers Currently, more consumers say they “need” insurance than they say “own them.”6 Specifically, 1 in 5 adults who don’t have life insurance say they need coverage.4 Furthermore, 1 in 5 adults who have life insurance say they don’t have enough. So if nearly 20 percent say they don’t have enough, how many are millennials?...
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As a father, you are responsible for your child, not just physically but emotionally and financially. With medical bills, insurance claims, emergency funds and savings being some of your primary financial obligations, preparing for it will help you navigate your finances better. For new fathers and father-to-be, it’s a totally different journey, especially this father’s day. The anticipation of parenthood and the process of ensuring a comfortable life for the little one starts right off. You know that as a father, you are responsible for your child, not just physically but emotionally and financially. With medical bills, insurance claims, emergency funds and savings being some...
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As a working adult, you need to take financial planning seriously to ensure that you have adequate funds for different milestones in your life. Despite its importance, fewer people take the need of having a term life insurance policy seriously and are mostly unaware of the benefits of term insurance plans. Did you know at least 75% of Indians remain uncovered by any form of life insurance? Moreover, of the ones insured, only 8% have enough cover to secure their families financially, reveals data by IndiaSpend. This low penetration of life insurance indicates towards lack of awareness towards the importance of term insurance plans and their ability to safeguard your family’s finances...
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This is a tough scenario. It happens more often than you’d think. Someone owns a home, investment accounts and an inheritance, but doesn’t want to have an estate plan. They know they need to do something, but keep putting it off—until they die, and the family is left with an expensive and stressful mess. A recent article titled “How to Get a Loved One to Visit an Estate Planning Attorney Before It’s Too Late” from Kiplinger, explains how to help make things right. Most people put off seeing an estate planning attorney, because they are afraid of death. They may also be overwhelmed by the thought of how much work is involved. They are also worried about what it all might cost. owever, if...
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Commissioner Lara issues Notice to take action in reducing HIV transmission and ensure health insurance companies cover HIV PrEP without patient cost sharing LOS ANGELES, Calif. — Today Insurance Commissioner Ricardo Lara issued a Notice to all disability insurance companies providing health insurance coverage in California informing them that their obligation to provide preventive health services coverage for HIV preexposure prophylaxis (PrEP) without cost sharing for patients begins tomorrow, June 11. “Californians taking proactive steps to stay healthy and protect themselves from HIV should not face barriers to access and treatment,” said Insurance Commissioner Ricardo Lara. "Especially...
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Do you have children? What will they do if something happens to you? While you don’t want to think about dying before you see them graduate or walk down the aisle, unexpected tragedies can occur. Prepare your family for the worst and sleep more soundly, knowing that their basic needs will be met. All parents need to have life insurance — otherwise, surviving loved ones face financial hardship while they mourn. The sooner you act, the more quickly you can breathe a sigh of relief. You Don’t Know What’s in Store You get out your planner every Sunday evening and plot out your week. However, as much as you might avoid the news to protect your mental health, some events remind everyone that you...
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Although there are often bumps in the road that you might have to negotiate you will often have a plan as to where you want to be at various points in your life, which means you need to have a financial plan to match those aspirations. You can often gain inspiration from visiting sites like journeytobillions to get some ideas on how to maximize your earning potential and it is also well worth remembering that there are often four key stages in your financial journey that should be viewed as important milestones. The early years Starting out on your financial journey involves carving out a career path and laying the foundations for boosting your future earning potential as you climb the...
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Being a young adult these days is hard. Life throws so many things at you with blinding speed: work, spouse, kids, mortgage, etc. Here we are, expected to be able to run with these things, when just a few years past we had to ask for permission to use the restroom at school. While some of us can easily switch from band shirts and headphones to dress shirts and ties, we can all agree that oftentimes it feels like it takes all our time and energy just to keep up with an adult life’s pace. With this being the case, it is easy to overlook something as vital as life insurance. We are already juggling around so many other things. Why tempt fate by throwing in another ball, right? I will...
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