To many people, life insurance is just an expense. To people who do not know the benefits derived from this - then it really is waste of money. Others do not want a life insurance because it seems morbid - they think of it as mere death benefit. And who would want to think of his death? Unless of course people get educated on its value then, perhaps everybody will try to find a life insurance underwriter.Let us get morbid first and see its...more
Life insurance has come a long way from its early days more that 400 years ago. Starting out as plain vanilla term life insurance and then plain vanilla whole life policies there are now several variants to these two traditional policy types. The beauty of life insurance products is that new (let's call them non-traditional) policy variants are built upon these two traditional policies, and keep evolving over time based on changing...more
Do you have young dependants? The main aim of buying a life insurance policy is to protect them from financial strife in the event of your death.Young families are vulnerable, so term life insurance is best.The needs of a young family are special. This necessitates that you not just own a life insurance policy, but that you own one that will take care of your family's needs as perfectly as possible.Young families are placed quite precariously from a financial standpoint. Kids are expensive to care for. Young families have several financial obligations like mortgage on the family home; parents may be in the process of saving up for college education while trying their best to keep their family's monthly expenses within the budget. Their life insurance policy needs to be economical as well as effective. The goal is to have a big enough death benefit to cover all your dependants' needs and yet be able to make premium payments regularly.It is very important that young families with many financial obligations consciously opt for a term life insurance policy because it perfectly caters to their needs.Life insurance checklistHere's a useful checklist if you have a young...more
A new baby is so special! Most couples plan a family only when they know they are financially stable. However, for many a life insurance plan doesn't figure at all! Why stave off a life insurance purchase? When you plan a family, one of the first things that needs to be in place is a life insurance policy.Life insurance is purchased...more
Travel Insurance has become a necessity of sorts especially when people are traveling away from their residence either for work or for holiday. Travel insurance is covers you against eventualities and mishaps which are likely to occur and cause setbacks both financially as well as personally.Depending upon the frequency of your travel...more
You likely have health insurance, car insurance, and homeowner's insurance. But do you need pet insurance? Before making that decision, you should consider the characteristics of insurance for your pet. Here are some facts you should know about veterinary pet insurance:1. Age matters.It's important to note that the age of the pet will have an impact on how high the premiums are for your beloved animal. In fact, some companies refuse to insure pets that are more than nine years old, due to potential liabilities. 2. Pet insurance is a fairly new industry.How long has pet insurance, including veterinary pet insurance been in existence? In fact, the first pet insurance company was created in 1982. The company's name was VPI, or Veterinary Pet Insurance. Since getting out of the red in 1997, the company has experienced substantial growth. 3. It is related to property.This is an important issue to keep in mind. Insurance for your pet should be considered different from various types of health insurance. While the latter types of policies are related to your health, pet insurance is related to property that you own-namely, your cat, dog, bird, or tarantula. This means that the rules and...more
You have heard enough about the dos and don'ts of a new parent; about how to feed, clothe and handle a newborn baby. You are excited, anxious and nervous ….. But along with these feelings you are wondering if you can handle the...more
According to the national healthcare reform legislation passed this spring, each state will provide access to an insurance exchange market. These exchanges are intended to allow small businesses and individuals to use bulk purchasing...more
Nowadays, it is easy to find anything that you are looking for. There is so much competition out there regarding business, and many companies will be fighting to have you as a client. The car insurance industry is no different, and it...more
More and more people are choosing to drive their cars without insurance. 20% of all drivers asked in a recent survey said that they, at some time, had driven a car without insurance. The previous survey had shown just 15% driving without insurance....more
When you steρ uρ to the Rental Car Counter the Rental Agent is going to ask you if you want to ρurchase insurance for the rental νehicle. If you say no they will ask you to initial next to each coνerage that you decline. The...more
Selling any structured settlement prematurely carries a degree of risk for a significant loss. Sometimes though, when financial circumstances dictate the need, it has to be done. There are some ways better than others though in which to...more