Failure to have an Annual Policy Checkup – life insurance mistake #8

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Posted on 17th January 2012 by Rita in Life Insurance |Life Insurance Mistakes

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annual policy checkup

Problems tend to occur when a life insurance policy is purchased, and payments are continually provided without ever making sure the policy continues to meet your present day needs. 

A shocking number of policies are payable to ex-spouses or others whom the insured would NOT have wanted to receive the proceeds since things have changed from the time the policy was originally put into place. A common occurrence overlooked (more…)

Does your Life Insurance Company keep you informed?

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Posted on 14th November 2011 by DianaBuchmann in Life Insurance |NCL News & Events

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By Diana Buchmann, FLMI, ACS, Assistant V.P. Policy Service and Claims North Coast Life Ins. Co.

man looking over policy

Recently I received a call from a long-time policy holder, calling in response to a notice he received about the interest rate adjustment for his Versatile Life policy with North Coast Life. This gentlemen has maintained this policy since 1984, along with the understanding the premium is not a fixed amount and may change at times. Which must have been why he so (more…)