ROP Pays You Back!
Return of Premium (ROP) Gives Back Money
What if you could purchase an insurance policy, be lucky enough not to ever use it, and then get all of your money back at the end. This would seem like a win-win situation. You would be protected, but if you never needed to make a claim, you could get all of your premiums back in a nice check.
Well, this situation does exist in the real world sometimes. You can find return of premium term life insurance policies. You will still purchase your policy to last for a specified amount of time, like 20 or 30 years. Then, when the policy expires, if nobody has collected on the policy, a check comes back for the amount of all of the premiums paid.
Categories: Life Insurance Tags: Life Insurance, return of premium, rop, term life
Obama Car Insurance Discounts?
Are Ads for Obama Car Insurance Discounts Real?
Since President Obama gets so much press, and since insurance reform (health) gets a lot of attention, it has to be very tempting for advertisers to tie these things in to their ads. It certainly gets attention, and at first glance, it may look credible. But you understand that most of the press about insurance reform is directed at health insurance reform, and not car insurance reform. Also understand that most insurance is regulated at the state level.
Categories: Car Insurance Tags: Car Insurance, insurance discounts, insurance reform, obama
