Insurance Archive

Permanent life insurance comes in a variety of types but essentially they all do the same thing, and that is cover a person from date of purchase to date of death with death benefit. The …

A basic concept of homeowners insurance (indeed a basic concept of property-casualty insurance in general) is the “peril.” A peril is defined as an event directly resulting in tangible loss. Whether an insurance claim is …

Insurance comes in many forms and there are certain coverages that are needed depending on what a person’s needs are. There are coverages that are needed by most everyone and they include automobile coverage, personal …

Car insurance is an expense shared by almost everyone who drives a car. All states require car owners to provide proof of financial responsibility in the event of an accident, and most states require drivers …

Having high insurance IQ does not refer to how much knowledge you have about insurance in general to qualify you to be an insurance agent. It refers to the level of knowledge you have about …

An automobile insurance policy comes with many discounts including one for not having to make any claims on a policy. A no claims discount can decrease the cost of a policy, can be applied in …

When you plan to travel to a different country it is of utmost importance that you have travel insurance in place. The most obvious reason for this is in case you fall ill or are …

How do you know what to look for in a homeowner’s insurance policy? The first thing you should do before you look for a home- owner’s policy is to sit down and determine what about …

Funeral insurance is not actually used in the insurance vocabulary. The policies are called Final Expense Polices, which are whole life policies, normally used to pay for funeral cost. But usually consist of built-in cash …

Short-term medical insurance is a product for people who are in a period of transition; and who don’t have a standard health insurance coverage from their recent employer. Most short – term medical insurance policy …

Insurance premiums can be high for many different reasons depending on the type of policy that is being purchased. There are different factors for automobile policies, personal property policies as well as life insurance policies. …

Crop insurance premium reduction plans were available with the passage of the Agricultural Risk Protection Act of 2000. This legislation allowed the Risk Management Agency of the United States Department of Agriculture to offer a …

Insurance to the most part of developing countries’ citizens are a hassle and burden than a need or necessity. But as wealth grows in these developing countries, the lower end merchants, medium wage office workers …

The two defining features of permanent life insurance are the longer (whole life) duration and cash-values attached to the plans. Naturally, these features come at a higher premium compared to temporary insurance. Given that life …

The majority of lenders tell you that it is necessary for you to have homeowners insurance. Even though they say this, this does not mean that you are required to spend the full amount on …

Buying car insurance can be something that is very confusing to people. Not only that, it can be something that if they don’t do their research right, it can eat up a lot of money …

The type of car that we drive, its make, model, size, and engine power can all have an affect on our insurance premium. Even our age, our driving history, our occupation, and sometimes the location …

Personal injury protection coverage is a component of most automobile policies. It is also known as PIP coverage and is designed to pay for medical bills for the occupants of an insured automobile in the …

The decision to buy life insurance is often a difficult one. Unfortunately, this difficulty is often exacerbated by the fact that an insurance salesman is trying to make a commission by selling you a policy. …

…A title which could very easily be a film starring John Malkovich. However, it is becoming extremely difficult to find such a breed i.e. co-op insurance agents. Along with many large insurance companies in the …

Many countries do have universal health care where all citizens of that country are entitled to free medical care. However, it is important to note that many of these countries have a very different economic …

Along with many other things, you may find your homeowners insurance premium is increasing each year. There are some steps you can take that may help you keep the premiums under control.  You may want …

If you have an employer that offers dental insurance, it will usually be a good idea to accept it, especially if your portion of the premiums will be low. Buying a plan as an individual, …

The real answer to the question about whether or not you need life insurance is “it depends.” Not a real answer, to be sure, but it’s the truth. As a general matter, at least with …

Auto insurance is a necessity for every person who owns a vehicle. The auto insurance policy has two parts. The first part is the liability coverage. This part is the coverage that covers the other …

There are two methods of determining the amount you will be paid on an insurance claim: replacement cost and actual cash value. In the United States, replacement cost is becoming more the norm, but there …

How car insurance rates are set Car insurers provide protection to drivers against vehicle-related losses by agreeing to compensate the insured for losses in exchange for regular payment of a relatively small consideration, called premiums, …

Do you need life insurance for a non-working spouse? This is a difficult question to answer without knowing your age, income, amount in savings, mortgage balance, if there are children involved, and where you are …

An insurance company can have many reasons for raising the rates on certain types of policies. This can be because of on insurer’s loss history, violations on a driver history record and the number of …

As you pack your son or daughter off for college, give them the one thing they would never think about; renter’s insurance.   You can help protect their possessions while they are away at school, and …