Global warming might have been lurking upon our horizon for a number of years and famous records of terrorists have existed for thousands of years, but we are coming straight into a fresh age where we try and financially protect ourselves against such issues and in the event that we are honest ... we're struggling.
The recent terrorism attacks in London brought home the fragility of human life to many Brits, who had in the past been able to distance themselves from terrorist activity. For the partners and offspring of city workers, the fragility of their finances also became apparent with the potential loss of a loved one alongside the loss of future income and perhaps the family home.
It is widely agreed that most life insurance policies ought to cover acts of terrorism, though most web sites (including the Association of British Insurers) do state that you simply should always, always read the small print, as there might be insurer-specific exemption clauses. It will be interesting to see what effect terrorism has on life insurance applications and whether there's a rise in consumer interest as a result of terrorist attacks.
Certainly the indication so far is that life insurance applications will be treated rapidly and sympathetically in case of a of a terrorist attack, reiterated by the Association of British Insurers (ABI) and Ginger Applegarth of MSN Money who stated that for insurers "to back out of paying a claim now would be considered unpatriotic and a marketing disaster." In Applegarth's column, she includes an "insurance checklist" of the fundamentals that you have to do when making a life insurance claim. She also states that insurers paid out nearly $3 billion after the September 11 attacks in 2001.
Other life insurance exemptions may consist of lifelong illnesses like diabetes and epilepsy. Lifestyle habits for example smoking may or may not invalidate a life insurance policy application, but they will make it more costly. Always get your medical records assembled before you apply for life insurance, as this will save time and possibly cash too. Once this info is assembled, you are able to begin assembling some personal quotes through life insurance comparison websites.
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The recent terrorism attacks in London brought home the fragility of human life to many Brits, who had in the past been able to distance themselves from terrorist activity. For the partners and offspring of city workers, the fragility of their finances also became apparent with the potential loss of a loved one alongside the loss of future income and perhaps the family home.
It is widely agreed that most life insurance policies ought to cover acts of terrorism, though most web sites (including the Association of British Insurers) do state that you simply should always, always read the small print, as there might be insurer-specific exemption clauses. It will be interesting to see what effect terrorism has on life insurance applications and whether there's a rise in consumer interest as a result of terrorist attacks.
Certainly the indication so far is that life insurance applications will be treated rapidly and sympathetically in case of a of a terrorist attack, reiterated by the Association of British Insurers (ABI) and Ginger Applegarth of MSN Money who stated that for insurers "to back out of paying a claim now would be considered unpatriotic and a marketing disaster." In Applegarth's column, she includes an "insurance checklist" of the fundamentals that you have to do when making a life insurance claim. She also states that insurers paid out nearly $3 billion after the September 11 attacks in 2001.
Other life insurance exemptions may consist of lifelong illnesses like diabetes and epilepsy. Lifestyle habits for example smoking may or may not invalidate a life insurance policy application, but they will make it more costly. Always get your medical records assembled before you apply for life insurance, as this will save time and possibly cash too. Once this info is assembled, you are able to begin assembling some personal quotes through life insurance comparison websites.
Get your FREE internet marketing training. Visit www.gbb.org/doubleyourleads to access over 50 hours of videos packed with practical strategies and tools to help you double your leads!
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