Larry saved $774 on auto insurance

Larry saved $774 on auto insurance
Larry spent one hour with two alternative insurers to find a better rate than he had for two cars—a 2005 and1998. He found out he was paying for services he did not need, like PIP health
insurance. He has adequate health insurance and is covered by the policy if he
and family are injured in a wreck. He went through the charges with his current
carrier to see if he could drop some other items. His ‘98 car doesn’t need
comprehensive/collision. He raised his deductible too. His new carrier gave him
their alum discount. Find out what you could save using our Guides: http://www.amazon.com/Insiders-Guides-Discount-Financial-Services/dp/143480593X/ref=sr_1_5?s=books&ie=UTF8&qid=1325518812&sr=1-5

Maybe the health care mandate is not such a bad idea Health
insurance premiums for California families rose 153% since 2002, more than five times the
29% increase in the rate of inflation, according to a new survey released
Wednesday. The CHCF survey found that annual premiums were higher in California than nationally for individual coverage ($5,970 versus $5,429) and family coverage ($15,724 versus
$15,073). 35 states have some authority to approve or reject health insurance rate increases, while California has none. Health care mandate was a GOP idea but it is worth a try. http://www.foxnews.com/politics/2010/03/27/republicans-hatched-idea-obamas-health-insurance-mandate/

Some to see lower health care policy premiums drop
The Feds have determined that Trustmark Life Insurance Co. proposed unreasonable
rate increases in five states _ Alabama, Arizona, Pennsylvania, Virginia, and Wyoming. Trustmark must withdraw hikes and explain why it wantsmore. This is part of the new health care law to reduce costs.

Which discount broker was tops for Consumer Report?
Reader score: 93
Customer service: Top
Website usability: Good
USAA is the winner. Beat other brokers in the business. This is a company run
for our armed service members. They have excellent service and low fees. We
can’t buy their AUTO but we can use all the other financial services with
confidence. Results from online survey of 7,327 ConsumerReports.org subscribers
reporting on their experiences between Oct. 2010 and Oct. 2011. The reader
score represents overall satisfaction with the firm and is not limited to the
factors listed.

Your broker may be forced to change its business model
If a strict definition of a fiduciary standard of conduct (NO product pushing) becomes the fate for broker-dealers owned by U.S. life insurance companies, they could be forced to completely revamp their sales and distribution business model. The U.S.Securities and Exchange Commission in January 2011 recommended the standard to Congress. It would apply to broker-dealers and investment advisers when they provide investment advice about securities to individual investors. GE justsold its broker-dealer so it would be free of this rule. GE can now push its products without running into trouble with the SEC. Bank America has now outlawed Merrill broker accounts of less than $250,000 so they can collect the annual fees not just commissions.

How did your advisor do in 2011?
Our clients’ portfolio did not lose valuelast year. Our clients use a low-cost provider so when the market is down theypay little in fees. Fees are the best indicator of performance according to
fund tracker Morningstar.

2011 Total Return Fund Long-term Return* Longevity
1.97% 500 Index 10.36% since 1976
-1.74% Energy 12.71% since1984
-3.73% Extended Market 9.96% since 1987
11.45% Health 16.30% since1984
-13.68% International Growth 10.50% since1981
-1.84% PRIMECAP 12.79% since 1984
-2.80% Small Cap Index 10.26% since1960
9.63% Wellesley Income 10.16% since 1970
-4.00% Windsor 11.00% since 1958
2.70% Windsor II 10.18% since 1985
__________________________________________
0.00% Average 11.42%

*AverageAnnual Returns as of 12/31/11.
See amazon.com/Working-Millionaire-Tax-FREE-Self-insure-Self-fund/

IsAllstate’s satisfaction guarantee right for you?
Underthe program, eligible Allstate customers who aren't happy with service they
receive on a paid auto claim can write a complaint to the company within 180
days of the incident. If a policyholder complains, Allstate will credit the
customer's account an amount that's equivalent to a six-month premium on the
car involved in the claim, said Allstate spokesman Kevin Smith. The company
tested the program in 2011 in Indiana, Ohio, Michigan and Georgia on its standard auto policies, and Allstate saw a limitednumber of requests in those states, Smith said. As of Jan. 2, the company madethe program available in 31 states, with more states planned later in the year.
Allstate’scredit is not cash. This is not a big deal. You can complain anytime. Claims
are handled by local adjuster. Working with them is the best way to obtain
fairness. If you are paying too much, you don’t get a refund for all those
years you overpaid. Safe drivers shop for the best price not guarantee of what
might not happen. Accidents are infrequent. Use our Guides: http://www.amazon.com/Insiders-Guides-Discount-Financial-Services/dp/143480593X/ref=sr_1_5?s=books&ie=UTF8&qid=1325518812&sr=1-5

Weare more likely to need extra income later in life
U.S.life expectancy climbedto a new high in 2010 as fewer people died from heart disease and cancer, andhomicide was no longer among the 15 leading causes of death. Life expectancy
increased to about 78.7 years. Now is the time to plan to have enough for
longer income needs: amazon.com/Your-Retirement-Spending-Plan-enough

Romneyis the only person who could FIRE his health insurance company
Where has this manbeen living? The rest of us could NOT fire our insurer because we did not like
their refusal to pay for our cancer treatment or whatever. We would then be out
looking for new coverage with a “pre-existing condition” which insurers loath.
Only Romney could afford to self-insure—pay for treatments out of his $250
million pocket. The rest of us would need a health law that guaranteed
coverage with pre-existing condition. That system was what Romney put in place
in Mass and what Obama has to defend against the GOP Supremes this year. We all
need that guarantee because we could not get health care in the present system.
No insurer would sell us a policy for any price. Just ask the 50 million
without coverage.

SCAMS
Why do we havea deficit and high unemployment? Taxes go to foreign governments!
Cutting taxes tocreate jobs is a political gimmick—it does not work.
Taxesof $385 billion went unpaid in 2006, according to new estimates by the IRS. IRS
says biggest cheats are small business and corporations who hide revenue and
add expense. For instance, Exxon employed 50 lobbyists, and spent $12,450,000
to influence lawmakers, according to the Center for Responsive Politics. What
does that buy you?

Little tax AND oil subsidies of $4Billion.

Exxon,which last year reported a record $45.2 billion profit, paid the most taxes of
any corporation, but noneof it went to the IRS: 20 wholly owned subsidiaries domiciled in the Bahamas, Bermuda and the Cayman Islands that (legally) shelter the cash flow from operations inthe likes of Angola, Azerbaijan and Abu Dhabi. No wonder that of $15 billion in income taxes lastyear, Exxon paid none of it to Uncle Sam, and has tens of billions in earnings
permanently reinvested overseas.

Many corporations send profits overseas so they don’t pay tax at all.
GEearned $14.2 billion in profits in 2010, but it paid not a penny in taxes
because the bulk of those profits, some $9 billion, were offshore. In fact, GE
got a $3.2 billion tax benefit. GE laidoff 21,000 American workers and closed 20 factories between 2007 and 2009.More than half of GE's workforce is nowoutside the United States.
Why are peopleupset?

55% of US corps paid no tax some years: http://www.gao.gov/new.items/d08957.pdf


GOP debate statements and the facts: http://news.yahoo.com/fact-checking-hampshire-debate-023952440--abc-news.html


Who owns your account NOW?
MorganKeegan to Raymond James
GenworthFinancial has agreed to sell its broker-dealer unit to Cetera Financial Group

If a strict definition of a fiduciary standard of conduct becomes the fate for
broker-dealers owned by U.S. life insurance companies, they could be forced to
completely revamp their sales and distribution business model. The U.S.
Securities and Exchange Commission in January 2011 recommended the standard to
Congress. It would apply to broker-dealers and investment advisers when they
provide investment advice about securities to individual investors.

The starry starry night
On average, each of the 100 billion or sostars in our galaxy hosts at least 1.6 planets, according to the study,bringing the number of likely alien worlds to more than 160 billion. "This is a major milestone on the road to finding Earth's twin,"Douglas Hudgins, Kepler program scientist at NASA headquarters in Washington,D.C., said in a statement.

Letme know what you think. Editor@TheInsidersGuides.com

IAN
41 WatchungPlaza, B242
Montclair, NJ 07042
347.746.2014
www.InsuranceAdvisorsNetwork.com

Alerts available at http://dankeppel.blogspot.com/