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Today’s News: Employers Urged to Expand Health Plans, Medicare Doughnut Hole Checks Coming and the Nation’s Dumbest Drivers May Live Near You

July 28th, 2010

The secretary of Health and Human Services is urging employers to hurry and expand their health insurance benefits plans to employees with older children, while the government announces that Medicare checks may be mailed soon to beneficiaries into the “doughnut hole.” And in auto insurance news, GMAC has taken time to tell you where you can find the nation’s dumbest drivers.

Employers Urged to Offer Coverage to Children Up to Age 26 ASAP

Kathleen Sebelius, the secretary of health and human services, urged employers to begin immediately offering or continue to offer health insurance coverage to employees’ children up to the age of 26 — and they need to do it at little or no additional cost. While the

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Advocacy Groups Target Campaigns Of Anti-Choice Democrats Who Voted For Health Reform

July 26th, 2010

Some advocacy groups that traditionally oppose abortion rights but were divided on health care reform are now trying to influence the re-election of Democrats, who oppose abortion rights and voted for the health care reform law (PL 111-148), Politico reports. Both sides are targeting fundraising and voter mobilization efforts in the re-election campaigns of anti-choice Democrats who voted for the legislation after President Obama signed an executive order reaffirming that no federal funds would be used for abortion services under the law. Many antiabortion-rights groups maintain that the law “create[s] a loophole” that would allow federal funding of abortion, while others argue that the health care reform law clearly prohibits federal funding of abortion, Politico reports.

Former Colorado Rep.

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HO-3 Policy

July 26th, 2010

HO -3 is the most complex insurance policy.

The widely used HO-3 policy, which provides the most extensive homeowner’s coverage available, is sometimes a problematic one. If the home is damaged, the loss will be measured at replacement cost without deduction for depreciation, subject to the following. The following takes away much of what the preceding gives.

Damaged Building

First, anything resembling replacement cost is only available if at the time of loss the amount of insurance in this policy on the damaged building is 80% or more of the full replacement cost of the building prior to the loss. I

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Top 5 Things That You Need For Your New Apartment after You Get Divorced

July 26th, 2010

One of the first things a man does after he gets divorced is to find a new apartment and renters insurance. Well, actually, this usually happens at some point before the divorce is finalized. Really, what kind of self-loathing masochist is willing to keep on living with the ex while the divorce proceedings are going on? But at any rate, once you move out into the world of being a free man again, there are a few things that apartment is going to absolutely need. And don’t let anyone, especially your ex, talk you out of it.

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Property Insurance Options

July 24th, 2010

  1. fire image by Grzegorz Kwolek from Fotolia.com  Property insurance may spell the difference between financial disaster and recovery. Property insurance options provide renters, homeowners or business owners protection against a range of possible losses. They enable property owners to feel confident that they will have the necessary funds to replace real estate, vehicles or prized possessions when incurring a loss, whether from an accident, theft or natural disaster.
  2. Homeowner’s Coverage

  3. A homeowners’ policy compensates the property owner for any structural damage to his home.

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Student Contents Insurance: Do Students Need Home Contents Cover?

July 21st, 2010

Some students may need to take out home contents insurance when they go to college or university. When does a student need to insure their belongings?

Many students will take valuable possessions to college or university and making sure to have some form of insurance cover in place may be vital. In some cases, a student may already be given some protection, either from their parents or from a hall of residence deal. In others, they may need to take out their own policies. Who needs to buy their own student contents insurance?

Can Students Use Their Parents Home Contents Insurance?

In a few cases a parental home insurance policy may be able to give cover to children, even if they are living away from home.

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