|
|
|
Term Life Insurance by Top
Rated Companies
More companies
equals the best opportunity to obtain the lowest quote!
Offering the Largest Selection of
Top-Rated Companies Instantly!
Why is this important?
Personalized
Tele-Application for All Companies, Right Over the
Phone!
For the serious shopper who would like a seasoned
professional to assist them-
"how term life insurance
works", "return of premium term life insurance",
"no exam term life insurance" and "what is term life
insurance" will be explained on this page.
|
Term Life Insurance Maryland
|
|
Term life insurance in
Maryland offers solutions for family and business needs.
Maryland residence can save from 50 to 70 percent on term life insurance from most top rated companies. These companies must file their product offerings and be approve by the
Maryland Insurance Department prior to any sales. Proper reserves
must be maintained by the insurance company, and these reserves are in constant review. The company also
pays a premium tax to the state of Maryland which supports the department and
guarantees claims payment to the insured. The departments website can be located at
Maryland
How
Your Insurance Policies Are Protected In Maryland
To protect the
insured, a guaranty association, which is a statutory entity created by
the state, is established by state legislation. The guaranty association
is composed of all insurers licensed to sell life insurance, accident
and health insurance, and individual annuities in the state. In the
event that a member insurer is found to be insolvent and is placed under
a final order of liquidation, rehabilitation or conservation by a court
of competent jurisdiction, the guaranty association will provide
protection up to statutory limits (set out in the State Act) to insured
beings who are state residents and who are holders of life and health
insurance policies and individual annuities with the insolvent insurer.
When a member insurer is found to be insolvent and is ordered
liquidated, a court
appointed receiver takes over the insurer under
court supervision and processes the
assets and liabilities through
liquidation. Typically, the guaranty association works with other
effected guaranty associations in other states and the court appointed
receiver in servicing the insurance company's policies and providing
coverage to resident
policyholders. The protection provided by the
guaranty association is based on limits set forth in the law and the
language of the insolvent company's policies at the time of insolvency.
Please remember that this information is general in purpose and
should not be used
or relied upon as legal advice.
Learn What Each Rating Means
Life Insurance Needs Analysis
TermLifeAmerica.com-
Lewis Fink is licensed as an
insurance agent offering Life
Insurance in the following states:
Alabama - AL,
Arkansas - AR,
California - CA,
Colorado - CO,
Connecticut - CT,
Delaware - DE, District of Columbia - DC,
Florida - FL,
Georgia - GA,
Idaho - ID,
Illinois - IL,
Indiana - IN,
Iowa - IA,
Kansas - KS,
Kentucky - KY,
Louisiana - LA,
Maine - ME,
Maryland - MD,
Massachusetts - MA,
Michigan - MI,
Mississippi - MS,
Missouri - MO,
Montana - MT,
Nebraska - NE,
New Mexico - NM,
New Jersey - NJ,
New York - NY,
North Carolina - NC,
North Dakota - ND,
Ohio - OH,
Oklahoma - OK,
Pennsylvania - PA,
Rhode Island - RI,
South Carolina - SC,
South Dakota - SD,
Tennessee - TN,
Texas - TX,
Utah - UT,
Vermont - VT,
Virginia - VA, and
Wisconsin - WI.
Not all insurance products from all insurance companies are available in
all states.
<Return To Previous Page>
|
|
|
|