Tuesday, July 6, 2021
By Sonya Sellmeyer, Consumer Advocacy Officer for the Iowa Insurance Division An insurance declaration page also known as a “dec page” summarizes the insurance coverage provided by the policy.  The declaration page is usually the first page of your policy, and you should receive a new declaration page for each renewal period.  If you don’t have a declaration page,...
Friday, June 4, 2021
By Sonya Sellmeyer, Consumer Advocacy Officer for the Iowa Insurance Division Before leaving for vacation or having a pool party, the Iowa Insurance Division would like to remind you to ensure your summer fun is protected by having adequate insurance. Summer Vacations: When leaving the house this summer for an extended period, ensure your home security system and...
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...