Life insurance, whether you are talking about whole life, term life, or one of the many policy variations available, can be a complicated and misunderstood subject. Perhaps for this reason it is not unusual that we make wrong decisions when purchasing a life insurance policy. With that in mind, we would like to bring up what some experts consider to be the four most common mistakes made when purchasing life insurance.- Term...more
The question of whether to buy LTC insurance should be based on the same reason other types of insurance are purchased "exposure to loss." We buy fire insurance in case our home is damaged by fire, auto insurance is a totally understood need and of course the need for life insurance is fully comprehended.- Term InsuranceWhy would we even hesitate about the purchase of Long Term Care Insurance? What really is at risk in the event of...more
Professional Indemnity is insurance for a business that is going to be providing some advisory or consultation service, where its employee will be giving professional advice on the company's behalf. Professional Indemnity will protect your business from any liability arising from third party losses sustained due to the negligence of you or your employees.Credit Insurance will protect your business in the occurrence that customers fail to pay their invoices, however the risk involved for the insurer means that credit insurance can be difficult to obtain unless your business has been up and running for some time. Legal expense insurance will help cover your business for legal cost incurred in the event of a legal dispute.Public liability provides legal cover and protection against any third party claims for loss or damages that have occurred during the course of your business; this is often a wise choice of insurance for businesses that involve the public, for instance retailers or leisure facilities. Product liability is necessary for any business manufacturing products; it protects the business against claims that the products you manufacture are faulty and have...more
Many elderly people need assistance when they are no longer able to take care of themselves because of health-related issues. They may need help with personal care at home or more advanced medical care in a skilled nursing facility. Many organizations are available for help and they include home care agencies, adult day care centers,...more
Many people are dealing with unemployment because of the current economy, but health insurance is something that is still necessary to keep your assets protected and to avoid years of medical bill repayment. Short term medical coverage is a great option for staying insured during a temporary period of unemployment.- Term...more
In the United States today, the options for paying for health care are numerous. For some, their workplace pays all the bills. (That's a company I want to work for!) For most workers though, health insurance costs are split between employer and employee. And for those who work on their own, or don't have an employer, they foot the health bills themselves. If a person can't afford health care, or chooses not to buy it, they use hospital emergency rooms as their first line of defense. (Note: the exception is the state of Massachusetts, where every citizen must have health insurance or pay a hefty penalty come tax time.)- Term InsuranceHealth insurance is fine for ordinary expenses. But what do you do if you or a member of your family has a debilitating illness that demands long-term care? For how long does ordinary health insurance pay your medical bills? Is it smart to buy a long-term health policy now when you and your family are healthy, just in case?- Term InsuranceHere are three questions to ask before making a decision.1. Does your family medical history suggest that you may be genetically disposed to developing a chronic illness such as diabetes or...more
If you are looking for a whole life insurance quote, there are special comparison websites that will allow you to not only compare life insurance quotes, but also the various differences in policies and benefits that are offered by many...more
Long Term Care Insurance is one of the most valued insurance plans in the market in today's society. Certain types of long term care insurance policies also have some very nice tax advantages. With more and more people trying to...more
Personal life insurance quotes are a kind of safety valve against uncertainties that leave you and your family vulnerable, for example you could be changing jobs or be involved in a serious accident that could affect your daily life....more
A term life insurance covers a person for a substantial period of life, such as ten, twenty or thirty years. A person has to pay premiums, or insurance rates, on the term life policy during this period. Supposing the person dies within...more
Term life insurance policies provide a limited coverage period, which is determined by the policy owner. Term life insurance rates are actually the cheapest form of life insurance, but there are different rates for different people....more
One may stay eager to get his house or car insured against fire, theft etc. if he looks into the insurance premium in last five years and then considers how much he has spent to protect himself from some uncertain event, he will find...more