Amidst the nationwide debate over President Obama’s major health care initiative, an interesting question is frequently posed: Why is auto insurance mandated by the federal government when health care coverage is clearly not?
While that statement is certainly thought-provoking, it’s not entirely accurate.
The first problem with the assertion is that auto insurance coverage is only mandated. The
Whole versus Term Life Insurance. Which Type of Life Insurance Policy Meets Your Needs?
The term versus permanent life insurance debate has been going on for years. There’s no one right answer for everyone. Each of us has our own specific needs that life insurance provides for. Both Term and Permanent Life Insurance has advantages and disadvantages. We’ll address both in our review.
Term life insurance is designed to help people buy life insurance protection they need when they can’t afford to purchase all permanent insurance, or when they only need life insurance protection for a specific period of time. Term insurance provides you with a guaranteed death benefit, but no cash value.
Photo: Los Angeles Times
Mercury Insurance has been the center of controversy over the past few years for its connection with a California auto insurance measure that could force a surge for customers who allow their coverage to lapse.
It may seem like Mercury came out of nowhere and suddenly began having a huge impact on California auto insurance. In truth, however, Mercury Insurance and its owner have been around for some time.
Mercury Insurance was founded by George Joseph in 1961. A
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