Monday, May 3, 2021
By Sonya Sellmeyer, Consumer Advocacy Officer for the Iowa Insurance Division This May, as we celebrate Older Americans Month, we are focusing on the need for a strong financial foundation and long-term care insurance might be an option to assist you in building your foundation. Coverage from a long-term care policy may pay some of the policyholder’s cost for in-home care or a...
Monday, April 12, 2021
By Sonya Sellmeyer, Consumer Advocacy Officer for the Iowa Insurance Division Financial literacy is being able to understand personal money management skills such as budgeting, investments, credit, and debt.  A 2018 study from the Financial Industry Regulatory Authority (FINRA) shows 62% of Iowans are unable to answer more than three of five financial literacy...
Monday, March 1, 2021
By Sonya Sellmeyer, Consumer Advocacy Officer for the Iowa Insurance Division The process of planning a funeral is unfamiliar territory for most people. Preneed or prearrangement funeral plans can fund and assist with planning a funeral, thus removing the burden from your loved ones.   Things to know about prearranged funeral plans: The terms and conditions of...
Wednesday, February 3, 2021
By Sonya Sellmeyer, Consumer Advocacy Officer for the Iowa Insurance Division Iowa’s snowfall each year brings about the possibility of spring flooding.  Damage caused by flooding is often a standard exclusion in home, renters, and property insurance policies.  In the most flood-prone areas, flood insurance coverage has traditionally been available through the Federal...
Monday, December 28, 2020
A New Year’s resolution is an incentive for self-improvement, and 2021 is the year to become financially fit. To assist all Iowans along their financial journey, the Iowa Insurance Division has launched a free website called Save4Later.  The Save4Later public outreach program provides Iowans a resource to help financially prepare for retirement.  The website is an unbiased and sales-...
Tuesday, December 1, 2020
By Sonya Sellmeyer, Consumer Advocacy Officer for the Iowa Insurance Division The Iowa Insurance Division (Division) is the state regulator that supervises insurance transactions in Iowa.  Part of the Division’s duties involve protecting the interest of consumers by enforcing Iowa’s insurance laws, providing consumer information, investigating complaints against insurance...
Tuesday, November 3, 2020
By Sonya Sellmeyer, Consumer Advocacy Officer for the Iowa Insurance Division Con artists target consumers age 60 and older, swindling more than 7 million Americans out of almost $3 billion each year.  Those older consumers may have caregivers - a spouse, family member, friend, paid professional or volunteer, official guardian, or conservator. All types of caregivers are...
Wednesday, October 7, 2020
By Sonya Sellmeyer, Consumer Advocacy Officer for the Iowa Insurance Division National Retirement Security month is a campaign to remind us of the importance of saving for retirement.  Americans face significant obstacles when it comes to having enough money to last them through their golden years.  We can no longer survive on social security alone, and life...
Friday, September 25, 2020
By Kristin Griffith, Director for SHIIP/SMP The 2020 flu season will soon be here. Like every year, the flu will be best contained when as many people as possible get a flu vaccine. This is especially important this year as our health systems continues to deal with the COVID-19 pandemic. You can contract the flu at any time during the year, but the rates of the...
Thursday, September 10, 2020
By Sonya Sellmeyer, Consumer Advocacy Officer for the Iowa Insurance Division September is Life Insurance Awareness Month and there is no better time than the present to make sure that finances are in order.  In order to help with that, and since insurance is complicated, the Iowa Insurance Division works with EverFi to help ensure students and their families have...