Browse: Home / accidental death
By Ed Hinerman on February 26, 2013
Here we go again. I called New York Life this morning to see if I could be assigned a permanent contact to call when beneficiaries are getting the run around on death claims. I ended up talking to the executive assistant for NYL Executive Vice President Michael Sproule who took my information and promised she ...read more
Posted in AARP, accidental death, death benefit, group life insurance, insurance, life insurance, life insurance claim, life insurance claim process, New York Life | Tagged AARP dragging their feet, advocate for people getting run around, claim hasn't been settled, death claim, insurance, insured died in house fire, life insurance, nightmare customer service, NYL Executive Vice President Michael Sproule |
By Ed Hinerman on December 26, 2012
I took a call this morning that popped up a question for civilian contractors and workers in war zones that I had honestly not considered. The call was from a widow whose husband worked for a US company in Afghanistan and died while working there about six months ago as the result of an act ...read more
Posted in accidental death, civilian contractors, Civilian War Zone Coverage, contestability period, dangerous occupation life insurance, death benefit, group life insurance, insurance, life insurance, Lloyds of London | Tagged added life insurance on company website, agent disclosure of exclusion, agent responsibility, company responsibility to disclose exclusion, confounding, exclude war zone life insurance, group benefits, group life insurance, group not covered in Afghanistan, group wouldn't cover death in Afghanistan, human, insurance, life insurance, not covered in war zone, tragic, war zone life insurance
By Ed Hinerman on December 11, 2012
I know that far too many civilian contractors in war zones ended up there, whether Iraq or Afghanistan of Libya, without time or adequate planning to put the life insurance they might need in force. I can see myself rushing to get all the t’s crossed and i’s dotted and ending up at some forward ...read more
Posted in accidental death, approval, civilian contractors, Civilian War Zone Coverage, dangerous occupation life insurance, disability, hazardous activities, High Limit AD and D, insurance, life insurance, life insurance approval | Tagged 10 times annual income, accidental death, accidental death and dismemberment, accidental permanent total disability, Afghanistan, application and payment 10 minutes, application by email, civilian contractors in war zones, in force policy in a few hours, insurance, Iraq, Libya, life insurance, life insurance immediately, pay by bank EFT, pay by credit card, war and terrorism endorsement, war zone life insurance
By Ed Hinerman on November 2, 2012
I’ve brought this up in the past in response to a very real need with missionaries. Traditional life insurance isn’t horribly friendly to folks doing mission work outside of the country, a knee jerk reaction to the fact that there are some places in the world where mission work can be dangerous. Through Lloyds of ...read more
Posted in accidental death, business life insurance, buy/sell life insurance, civilian contractors, Civilian War Zone Coverage, foreign nationals, High Limit AD and D, insurance, International Business insurance, life insurance | Tagged accidental death, accidental death and dismemberment, accidental disability, business life insurance, buy/sell insurance, foreign nationals, high limit insurance, insurance, international business life insurance, international life insurance, key person life insurance, life insurance, missionary life insurance, multi national coverage
By Ed Hinerman on September 12, 2012
There is this perverse notion, an urban legend if you will, that if you get declined for life insurance you become life insurance toast from then on. You might as well buy accidental death insurance and just hope that space junk and not cancer is the cause of your demise. I had a client just ...read more
Posted in accidental death, Alcohol Treatment Life Insurance, decline, DUI, insurance, life insurance | Tagged accidental death insurance, approved, circumstances he can get approved, declined, declined for life insurance, declined life insurance, declined would be blackballed, declines are a good place to start, declines are based on facts, full disclosure, information in driving record, insuirance, insurance industry blackballed, life insurance, life insurance toast, more declined life insurance
By Ed Hinerman on July 30, 2012
Ahh, the dangerous hobby thing. When I was in my 20′s and 30′s and a bit into my 40′s and 50′s, we rock climbed, bouldered, and mountain climbed, rappelled off of anything that our rope would reach most of the way down and even did a Tyrolean traverse of a canyon in Wyoming with the ...read more
Posted in accidental death, climbing, insurance, life insurance, mountain climbing | Tagged accidental death insurance, bouldering, Colorado, Colorado mountain climbing, crevasses, dangerous hobby, flat extra per thousand, ice, insurance, life insurance, mountain climbing life insurance, rappelled, risking avocations, rock climb, snow, standard rates with no flat extra, trail climbing, travel out of country, trip and fall
By Ed Hinerman on June 21, 2012
According to the US Census bureau about 2.5 million people die every year in the United States. That’s from all causes and all ages. Assuming all days are equal that means that about 6850 people die every day in our country. This is going to get a little deep with numbers here but I promise ...read more
Posted in accidental death, financial adviser, Independent agent, insurance, life insurance | Tagged adequate life insurance, die without enough life insurance, die without life insurance, family saving, how many die without adequate life insurance, how many die without life insurance, insurance, intelligent planning, life insurance, LIMRA, replacing lost income, without life insurance |
By Ed Hinerman on May 2, 2012
A colleague and I were bemoaning some of stranger than fiction nonsense that life insurance companies come up with. They always tout these things as the newest innovation to speed up underwriting, the best product idea since sliced bread, or they just leave it out there as something that makes no sense at all and ...read more
Posted in accidental death, Active Duty Military Life Insurance, insurance, life insurance claim, Lincoln National, Met Life | Tagged $30 overnight charge, accidental death policy, assets and liabilities, high risk avocations, high risk occupationss, instrusive, insurance, IRS form 4506, life insurance, Lincoln National, mandatory to sign 4506, mandatory to sign release of tax returns, MetLife, net worth, nonsense, require eft and void check to issue policy, social security number, stranger than fiction, Transamerica |
By Ed Hinerman on April 2, 2012
It occurred to me as I was writing insurance on a civilian contractor working at a forward operating base in Afghanistan a few weeks ago that, that there must be others just like them. There must be other groups of people who could benefit from affordable dangerous occupation accidental death insurance but are having a ...read more
Posted in accidental death, civilian contractors, Civilian War Zone Coverage, commercial fisherman life insurance, dangerous occupation life insurance, insurance, life insurance, Lloyds of London | Tagged Alaska Crab Coalition, attract best crew, civilian contractors in war zones, commercial fisherman life insurance, commercial fishing, commercial fishing great opportunity, crabbing Alaska, dangerous job accidental death insurance, Deadliest Catch, Governor of Alaska, insurance groups, insurance life insurance, Lloyds of London, lobster fishing, long line fishing swordfish, long line fishing tuna, most dangeous job in US, what happens if they don't make it home, worlds most dangerous job
By Ed Hinerman on March 19, 2012
With the amount of business rolling in for people working in AFghanistan and Iraq as civilian contractors it seemed an appropriate time to take a look at some of the other worldwide dangerous occupations where people are not going to find off the shelf accidental death and disability insurance. Most of the contractors that are ...read more
Posted in accidental death, civilian contractors, Civilian War Zone Coverage, foreign travel, insurance, insurance quotes, life insurance | Tagged accidental death, accidental disability, Afghanistan civilian contractors, aren't getting traditional coverage, celebrities who need insurance, crab fishermen, fishermen, gator hunters, ice road truckers, insurance, Iraq civilian contractors, life inxurance, lobster fisherment, loggers, most dangerous job in the world, mountain climbing, mountain climbing guides, one to two year contracts, reptile catchers, subsantially less in groups, war zones
