No. 91804 Lauer v. American Family Life Insurance Co. Appellate citation: 321 Ill. App. 3d 890. In this Cook County litigation, the widow of a man who died of lung cancer in 1999 sought to recover on his life insurance policy with American Family Life Insurance Company. A little more than two years before his death, he had applied for life insurance. He knew of his illness at that time, but did not reveal it to the insurer. This fact is not disputed. The premiums have since been refunded. The widow, in seeking to collect, asserted that the policy had become "incontestable" under the Illinois Insurance Code. She was unsuccessful in the circuit court, but the appellate court took a different...
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Tag: Erie Family Life EXTON, PA (May 1, 2018) – iPipeline® – a leading provider of cloud-based software solutions for the life insurance and financial services industry – today reported Erie Family Life has extended the capabilities of its digital life insurance platform by adding auto-policy generation and e-Delivery. As part of the comprehensive solution, agents can dynamically adjust values on policies, based on the carrier’s rules, to increase or decrease insurance face amounts and adjust payment frequencies upon receipt. When this occurs, DocFast, iPipeline’s e-delivery solution, requests modifications from the Illustration platform and dynamically reissues the policy, with a new...
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AMERICAN FAMILY INSURANCE: American Family Life Insurance Company introduces new DreamSecure Flexible Life Insurance American Family Insurance issued the following announcement on Oct. 10 American Family Life Insurance Company recently announced DreamSecure Flexible Life Insurance, a new flexible premium, adjustable life insurance policy that can change as life evolves1. The new DreamSecure Flexible Life Insurance includes enhancements that were driven by feedback from both customers and agents. Customized, flexible protection DreamSecure Flexible Life Insurance is a smart choice for people who value flexibility, as changes can be made to the policy at different stages of life to help...
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NEW YORK, Aug. 25, 2020 /PRNewswire/ -- New York Life Investments today released the findings of its broad-based proprietary study on "Married Women Breadwinners ('Married Breadwinners')" building on the firm's Women & Investing Program, an in-depth analysis of women investors in the U.S. and their attitudes towards investing and the role financial advisors play in helping them realize their full financial potential. New York Life Investments – Women & Investing New York Life Investments' Women & Investing Program, a practice management initiative launched in 2019 to help financial advisors better engage with women investors, is part of the firm's broader effort to build a...
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Life Insurance is a set amount of money that is reserved to be given to a client’s loved ones in case of death. Getting life insurance is most suitable for the breadwinners of the family. It gives an assurance to the client that his/her family will be safe and secured in case something happens that compromises the family’s income. The Life Insurance covers: If the client dies during the set term of the policy, the insurance company is obliged to provide the remaining family with financial needs such as funeral expenses. This is called a lump sum. Illness Some insurance companies indicate in the same policy an early payout in case of terminal illness. The company may also include protection...
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In response to the COVID-19 outbreak, many auto insurance companies are offering their customers refunds on policy premium payments. Due to shelter-in-place orders in most states, there are fewer drivers on the road and, consequently, fewer automobile accidents. As a result, some companies are refunding money normally paid out in claims back to their policyholders. USAA, the financial services company that caters to military members and veterans, has announced it will give every member with an auto insurance policy in effect as of March 31, 2020, a 20% bill credit on two months' worth of premiums in the coming weeks. The credit will be applied automatically; no action is necessary on the...
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American Family Insurance, widely known as AmFam, is the 13th largest property & casualty (P&C) insurance group, the eighth largest homeowners’ insurance company and the ninth largest private passenger auto insurer, based on written premiums, in the US. With over 90 years of experience, AmFam has built itself into one of the most popular US insurance brands. It has gained popularity by tapping into the notion of the American dream, and promising customized coverage and support for people following their dreams. American Family Insurance hasn’t always been a multi-line P&C carrier. It was founded by insurance salesman Herman Wittwer in October 1927 as an auto...
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Opinion MEMORANDUM AND ORDER In November 1997, plaintiff Marc K. Salzer allegedly sustained serious injuries when the motorcycle that he was operating collided with a vehicle operated by defendant Gregory M. Fylak and owned by defendant Farm Family Life Insurance Company. Shortly thereafter, plaintiffs' investigator, Timothy Meek, contacted two witnesses to the accident, Lisa Forquer and Donald Denue, and inquired as to whether they would be willing to provide written statements. Forquer indicated that she was willing to provide a statement but only through her personal attorney, Philip Ackerman. Forquer and Denue thereafter met with Meek and plaintiffs' counsel, John Basso, at which time...
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Family Life Insurance Coverage At Freeinsurancequotation Locate The Best American Family Life Insurance Company Today You may think of insuring your family members by securing a low cost family life insurance plan. Such a proposition could be desirable to protect them against any kind of financial misfortune. Currently, plans are available for protecting yourself and your family from personal losses or health emergencies. Know How Exactly Does A Family Life Insurance Coverage Work For life insurance purposes, the definition of a family means your spouse and children. A good coverage could cover up for the expenses which will get incurred on your children’s education and maintenance of...
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Becoming a parent is one of the most amazing – and terrifying – experiences a person can have. One minute, you’re an independent adult who is carefully planning their future (and sleeping past 6 a.m.). The next minute, you’re bringing your new bundle of joy home and wondering, “How am I going to keep this tiny, adorable human that is completely depending on me alive?” It’s scary for sure, but you also have so much to look forward to. Having a child adds meaning to your life in ways you’d never expect. When your baby cries, you learn the right way to hold them and calm their fears. And when your baby accomplishes a new feat – even something as simple as rolling over – you get to...
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