Fidelity Benefits Consulting estimates are wreaking havoc on what many couples thought they would need to have in savings at retirement. The new estimates are $15,000 higher just in medical costs alone, and that may be underestimating the real costs that many couples will face. In order for a typical 65-year-old couple to pay for […]

A man is suing Life Insurance Co. of North America, claiming that the insurance carrier wrongfully denied his long-term disability claims. The man was diagnosed with a brain tumor in 2012 and was declared disabled. He underwent two brain surgeries and radiation therapy. Those treatments left him with permanent damage. The plaintiff alleges that he […]

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One in three households would have immediate trouble paying living expenses if the primary wage earner died, according to the 2016 Insurance Barometer Study by Life Happens and LIMRA.

Your ability to earn an income dictates your lifestyle. If you can’t work, then your standard of living can become seriously threatened. For some, government benefits, including Social Security, may not protect your financial well-being as much as many might believe. Here are some interesting statistics about disability insurance: — Two out of three families […]

Talented college athletes with dreams of going pro have much to lose, but LSU’s Leonard Fournette seems to take it in stride: “I don’t think about it. This is the second time I’m actually talking about it. I leave everything in God’s hands.” That quote comes from Dennis Dodd with CBS Sports, who writes about […]

An Oklahoma workers’ compensation case is under review by the state’s Supreme Court. At issue is whether the Oklahoma Employee Injury Benefit Act is constitutional and enforceable. In February, the Oklahoma Workers’ Compensation Commission ruled in Vasquez v. Dillards that “the benefit plans permitted to be used to opt-out establish a dual system under which […]

It is reported that approximately 90% of life insurance policies go unused or are surrendered. In recent years, many consumers over 65 with a policy exceeding $100,000 in death benefits are turning to another option – cashing out their policies. Is this the right move for aging Americans? In honor of Life Insurance Awareness Month, […]

The office of the state attorney general in New York reached a settlement with BlueShield and two sister organizations. In addition, there is also a requirement for the insurance company to review and revise its current practices. HealthNow, BlueShield’s parent company, issued a statement saying that it would make the changes needed to ensure the […]

Can you collect disability benefits if you’re unable to perform the occupational specialty you’re trained for? In the latest installment of our Disability FAQ video series, Frank N. Darras explains the role specialty letters play in your disability claim and how the definition of your occupation can affect your benefits. Reach out to our New […]