Lincoln Heritage Life Insurance Company was founded by Jack Londen in 1963 — a time when final expense insurance claims could take several months to be paid to policyholders. In every realm, Jack was a natural salesman known for his energy in business, his passions for politics, faith, philanthropy, and his steadfast friendship to so many. “Every time I thought I knew everything about Jack, he’d come up with something I had never seen before. He was a master salesman.” says Larry Schuneman, former president of Lincoln Heritage. As a young boy during the Great Depression, he sold homegrown raspberries and blackberries from door to door in Boulder, Colorado. By the time he was in high school...
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There are certain times during the year when you can buy a health plan directly through Cigna or on the Health Insurance Marketplace. These periods of time are called the Open Enrollment and the Special Enrollment periods. When to shop for health insurance on the Marketplace Open Enrollment The Open Enrollment Period is the time when individuals and families can buy a new health plan or make changes to their current health plan directly through Cigna or on the Health Insurance Marketplace. Plans that are effective on January 1 have an Open Enrollment Period from November 1-December 15 of the year before, in most states. For example, if you wanted to enroll or make changes to a plan with an...
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Life Insurance Life insurance can be purchased one of two ways, either through your employer, in which case ERISA applies, or from a private life insurance company. You need the help of an experienced life insurance attorney to assist you when either types of these claims have been denied. For more information on each types of these claims, select one of the two options below: Other lawyers claim they win and have experience, but read our results. We started litigating in court, even small life insurance cases, in the early 90s. These cases were appealed and won. These cases were tried in front of juries and won. In many cases, we recovered far more for our clients than the face...
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The contestability period is a vital clause in a life insurance policy which every policyholder should know in detail. It starts from the date of issuance of policy and lasts for a duration of two years. Even though the buyers often tend to ignore the contestability period while signing the policy papers, it significantly impacts the beneficiary claims that are made before the completion of this period. Read through the page to know about some of the vital aspects of this clause. What is the contestability period in life insurance? The contestability period is a clause in a life insurance policy according to which if the policyholder expires within two years of purchasing the policy, the...
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Life insurance: Definition, Types, and Benefits Life insurance is a contract between the policyholder and the insurance company where the policyholder pays a certain amount of money in premium. In return, the insurance company provides financial backup to the policyholder's family in case of mishap mentioned in the policy. There are various types of life insurance policies that an investor can choose from. Some of them are Savings Plan, Protection Plan, Wealth Creation Plan, Retirement Plan, and Child Plan. Life Coverage: Getting a life insurance provides financial support in case the policyholder dies. Tax Benefits: Buying life insurance makes you eligible for tax rebates. The premium you...
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Massachusetts Life Insurance Our agency has an affiliation with a large brokerage that has access to over 100 life and health insurance companies. There are many different types of Life and Health Insurance policies. We can find the right one for you. Term insurance covers you for a “short” period of time such as 5, 10, 15, 20, or 30 years. Whole life is a life insurance policy which is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the maturity date. Premiums are fixed, based on the age when issued and usually do not increase with age. Normally you pay premiums until death, except for limited pay policies, which may be paid-up in...
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Policyholder Information Company Overview On May 18, 2020, Wisconsin Insurance Commissioner Mark Afable filed a petition with the Circuit Court of Dane County, Wisconsin, requesting an order to place Time Insurance Company—a life, health, annuity, and LTC carrier that had been in runoff since late 2014—into rehabilitation. Mark Femal (Strohm Ballweg) is the Special Deputy Commissioner for Rehabilitation. Contact Information Guaranty association coverage is coordinated on a state-by-state basis, with coverage usually being provided by the association in your state of residence, regardless of where you purchased your policy. Policyholders should contact their state guaranty association with...
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Just like any other insurance policy, you must make regular premium payments to your life insurance policy for it to remain in good standing — and provide death benefits to your loved ones — even though you probably think about that policy a lot less than you do your auto or health insurance. The financial aspects of life insurance are of concern for many people considering purchasing a policy. Read on for information on paying your premium, what happens if you fail to pay your premiums, and what happens if your policy lapses. How often do you have to make life insurance premium payments? As with other insurance policies, you’ll have to pay regular premiums on your life insurance policy....
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Contact Info for Fortis Life Insurance (now Assurant Life) In case you have an old group policy or another form of coverage with Fortis Life Insurance or Assurant Life, you can use the company contact information below to help get in touch with them. Company Headquarters Address: 28 Liberty Street, New York, NY 10005 Life insurance companies often go through a period of transitions, acquisitions or mergers. This is right along the lines of the storyline you will find about Fortis Life Insurance. Fortis Life Insurance started as a company of their own. Although we don’t specifically have anything bad to say about Fortis Life Insurance, Assurant Life Insurance or American Memorial, we would...
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When it comes to buying life insurance to protect your family, you have a lot of choices to make. Everything from selecting the right amount of coverage to choosing a reputable life insurance company to buy your policy from can make the process feel overwhelming. Once you get started, you will discover that the process of buying life insurance really isn’t that complicated. If you’re a first time life insurance shopper, a good place to start is by getting a rough estimate of how much life insurance you should be purchasing to protect your family. Next, get an understanding of the difference between term and permanent* life insurance so you’ll have a good sense of what...
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