Life Insurance

THE CONSEQUENCES OF UNDERAGE DRINKING

Posted on Dec 10, 2012 in Auto, Auto Insurance, Life Insurance, Motorcycle Insurance

The Sobering Facts of Intoxicated Driving

While underage drinking itself poses a serious threat to the health and welfare of our youth and teens, combining underage drinking with driving produces even more disastrous consequences. The Centers for Disease Control and Prevention show that half of the drunk-driving accidents involving teenagers are reported on Friday, Saturday or Sunday and that half of these crashes occur between 3:00pm and 12:00am. This might give concerned parents some ammunition to say no or set limits when their son or daughter ask for the keys to go to a party-on-the-weekend – especially concerning rising auto insurance rates. Teens driving and drinking constitute close to half of all alcohol-related fatalities in this country. Especially during the holiday season, remember to share these “sobering facts”.

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MEN VS WOMEN -Who Drives Better?

Posted on Mar 22, 2012 in Auto, Auto Insurance, Coverage News, Life Insurance

Who Are Better Drivers, Men or Women

Who Are Better Drivers, Men or Women

Study Reveals Which Gender is Likely to Drive More Reckless

The unending battle of “who is better” moves onto to the driving battleground:  Who are better drivers, men or women?   The most recent study on the matter looked at a  gender-specific comparison of  traffic violations, accidents, and auto insurance costs.     Contrary to what men might believe, the comparison shows that women are better drivers in nearly every category, including reckless driving, failure to yield, seat belt violations, and speeding.  The study’s findings reveal that men are responsible for nearly 80% of all fatal and serious automobile crashes, and women are 27% less likely than men to cause auto accidents.  Male DUI drivers outnumber females by 3-1.  This study is by the Insurance Institute for Highway Safety’s Highway Loss Data Institute.  It also reports more men than women die each year in car crashes.  In crashes of equal severity, however, females are more likely than males to be killed or injured, perhaps because they are in the passenger seat?

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FOLLOWING INSTRUCTIONS!

Posted on Mar 9, 2012 in Coverage News, Life Insurance

letter-of-instruction

Alerting Family Members About Your Life Insurance Policy

Even the best meaning and most conscientious people can have their best efforts count for little if they overlook some simple details.  For instance:  you have a life insurance policy, a will and an estate plan in place.  But have you drawn up a “letter of instruction”?

In short, the benefits of a life insurance policy may do little good if no one knows about the policy.  It is also possible that  surviving members may unknowingly close a bank account that had previously been making automatic premium payments on a policy.  In this case, the life insurance policy may be cancelled because of unpaid premium before a payout can be made.  These problems can be prevented by a “letter of instruction” that should be kept with other important documents in a safe place.  This “safe place” should be accessible and know to family and estate executives.    If you are uncertain that your insurance policies include this important “letter of instruction” feel free to call the office of Scott Insurance in Stratford CT  to review your situation.

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