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Insurance 101 – Undermining America for the Good of Americans  June 23, 2010 – 04:26 am

Insurance is like a myth. From one small seed of truth, a fairytale the size of 1000 giant sequoias has sprung up. Reality is blocked from view. Surely, you’ve noticed all the giant, sequoia-like buildings are owned by banks and insurance companies. Where do they get all that money? How much money do the executives make? Who pays for it all? Grab a mirror, “Magic mirror on the wall, who’s the biggest sucker of them all? What’s that you said? The Masses!”

Insurance is yet another unquestioned social reflex. You just buy it. You must. The banker insists you have to purchase insurance or you don’t get the loan. Your government orders you to buy auto insurance at any cost. Hence, it must be really good for you. Hell, why not stock up on some of the non-mandated insurances as well? You can’t have too much of a good thing. Can you?

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Life insurance quotes, car insurance quotes, health insurance quotes, and more. if you rarely drive a vehicle, it still requires auto insurance. Danise has been helping consumers understand their insurance since 1998 when she joined Insure.com.

Disability insurance products are not available in MA, NJ, and RI.
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  • Avatar What does this mean? I'm on a credit union website and I'm applying for an auto loan, and for insurance it?
    Feb 19, 2012 by | Posted in Insurance

    Wants to know if I have: No insurance SINGLE L & D (RETRO) JT L & D (RETRO) SINGLE LIFE ONLY JOINT LIFE ONLY DISB ONLY (RETRO) COBORROWER SINGLE LIFE NO INSURANCE INELIGIBLE JT L & D I think means Joint Life & D .....what's the D mean? Disability? Driver's?

    • Maybe dismemberment Maybe disability Definitely not driver's. Joint life and driver's does not exist.

  • Avatar angelz8Im on disability insurance and i need a loan realy bad. i have bad credit. can i get a loan?
    Jun 19, 2007 by angelz8 | Posted in Credit

    I have tryed many places already and no luck. i know this is a pretty stupid question, but can u refinace ur car and get extra cash like u would with a home refinance. or i know u can put up a car as qolateral, but im still making payments. does the car have to be paid off to do one of those pawn auto things. anyone have any ideas to get some cash? im moving in a month and need money to move.thanks

    • I don't think you'll find a trustworthy place that will give you a loan, but I would go ahead and try the link that the guy above gave you. Good luck, and be careful.

  • Avatar JaoInsurance case study question!?
    Jul 21, 2011 by Jao | Posted in Insurance

    Jay, age 27, and Mary, age 25, were recently married. Jay has just become a CPA and is working for TaxFast as a tax preparer and staff accountant. His annual salary and bonus is $50,000. Mary is a high school teacher, earning $35,000 per year. They have recently made an offer, which was accepted, on a home costing $200,000. The couple has obtained a commitment from a lender for a loan of $190,000 on a first mortgage with

    • You are asking far too big a question for yahoo answers, nobody is going to do your homework for you. Some of your information doesn't make sense: Your life insurance rates are listed per thousand, but life insurance rates operate in bands with the rate decreasing as the benefit increases. For instance, due to the banding, a $499,000 policy might actually be more expensive than a $500,000 policy. A $240