Mike Armstrong asked: According to Dinani A and others (March 2000) “A Critical Review”, in the year 1998, almost two thirds of critical illness sales were mortgage related. It can also be said that around 50 percent of in force critical illness policies were riders to mortgage insurance. There was a big difference in critical illness sales amount according to how companies sold the product. This varied between successfully marketing the product and simply adding it to complete a wide range of products.As per Munich Re 2001, the market share for the top 10 providers in critical illness sales volume had fallen as the market expanded. This had not stopped these top 10 providers to possess 60 percent of the overall market as they had changed marketing strategies and product design during [+]

Mike Armstrong asked: Critical illness insurance may pay out a tax free lump sum when you are diagnosed with a critical illness acceptable to your insurance company. The money obtained from the insurance can help you sort out part of debts and financial obligations you may have got. Often in such cases where a person is suffering from a critical illness his income is lost for a lapse of time as he cannot attend work. Critical illness insurance has now become one of the most popular forms of insurance. Let’s have a look at its evolution during the past decade.According to Swiss Re Life & Health, 2000, sales of critical illness policies as compared to regular life insurance policies could have raised from 3.5 percent in 1991 to 23.6 percent in 1998. [+]

Addi asked:  The prospect of having a future that is known, has been a dream right from the days when human beings acquired the brain power to deduce and understand. Civilisations have always been engaged in the best possible ways of assuring their future. Hence the Egyptians kept all the articles which their Pharaoh would need in his afterlife- a future which they deemed as existing after death. The world therefore witnesses the items which were kept in the tomb along with the last remains of the Pharaoh.The concept of future today differs form that of the Egyptians and also other civilisations. It(future) is now an existence which carries with it the happiness of not only his beholder but also of his loved ones. Hence future is sought with all the happiness [+]

Outsource India asked: With the ever increasing mergers, failures, competitions and consolidations, the insurance industry is facing tremendous pressure. If you want your insurance organization to gain a competitive edge, consider Outsourcing Insurance Services to India. Outsourcing insurance services to India can enable your organization to increase its efficiency and growth and also meet all the requirements of your valuable customers. India claim administration service providers can help your organization reach greater heights through increased proficiency.India, a pioneer in providing outsourcing services across a wide range of industries has years of experience and expertise in providing quality insurance policy services, insurance services, annuity insurance services and claim administration services amongst others. Organizations in the U.S and U.K who have outsourced insurance services to India have been able to concentrate more on their [+]

Mike Armstrong asked: Critical illness insurance, origin of South Africa arrived in the UK in the year 1985. Some companies tried to market the product but in vain. It was not until the late 1980’s that the real success for critical illness cover came.In the year 1990, people seemed interested in having a critical illness cover. Therefore, around 100,000 critical illness policies could have been sold in that year. Market surveys revealed that the growth of critical illness cover sales would be continuous for the coming years. The reason behind was that many people could have been interested with the direct benefits offered. Thus, by 1997, sales of approximately 633,000 critical illness policies could be counted in the UK. Furthermore, in the year 1998, sales had further increased to 695,000 with considerable [+]

Daryl Stewart asked: Do you between the ages of 50 and 75 years old and need a life insurance? There are various types of low-cost life insurance policies. Term life insurance is one of the best options. Which can be purchased for a specified number of years and provides a death benefit only if the insured person dies during that term.Here is a Brief term life insurance explanation that makes us understand about Term life insurance quotes. A term life insurance plan can protect your assets and your family's financial security. There are certain advantages of a term life insurance policy. It is budget-friendly options, and premiums are generally much cheaper than for cash-value policies like whole life or universal. Secondly, term premium are very affordable. Another benefit is that [+]