A common misconception regarding homeowner's insurance is that the policy coverage includes flood damage. However, this is not always the case. A homeowner should check the requirements of carrying flood insurance with their lender or bank, as this type of coverage is not always required. History of flooding and input from their broker are also good things to take into account.The Federal Emergency Management Administration, or FEMA, created...more
Many of us live in places where we must get health insurance in order to protect ourselves in case we are ever to fall ill or be injured. Sometimes, the plans that we purchase for ourselves or are given through our employers simply is not enough, so we must purchase additional coverage. If you are interested in finding out more about gap health insurance coverage and what it is, this article may be able to help you.Insurance is not cheap. In...more
At some point everyone or couple will need to request themselves: "How much life insurance coverage do they really require?" There are a great deal of problems to be handled here and it can make a huge distinction in the quantity you might be paying every month for the insurance, so it makes sense to sit and think this through.First of all, notice that some individuals don't require any life insurance at all. For instance, anybody who's single and has sufficient assets and money in the bank to easily cover their own funeral expenses and in addition pay off any debts they may have truly has no need for the life insurance policy. They do not require insurance because they can cover any and all situations with their cash reserves.Most people will not fall under this category, nevertheless, too as the majority of circumstances will be with married couples who wish to make sure that their household is not financially burdened too much ought to these people suddenly pass away unconditionally. These are the cases where you require to figure out just how a lot insurance policies are the right amount.Right now some people occur to be what we should would call "insurance...more
The engineering field is full of trial and error. That is why it is very important to have errors and omissions insurance for engineers. Errors and omissions insurance, also known as E&O coverage, malpractice coverage, or professional liability, is liability insurance for business professionals. Error or omission basically means a mistake. In...more
Insurance is synonymous with coverage. For an insurance agency, coverage is something that you strive to guarantee to your customers. Aside from offering coverage and protection to your clients, one way to make your insurance company integral in your customers' life is to offer them personal items that they can use on a daily basis....more
Becoming a landlord is quite an undertaking because it entails wearing many hats. The individual must know how to make common repairs and quickly get up to speed regarding tenant-landlord rights and responsibilities. One of the first things a new landlord should do is obtain landlord's rental property insurance.The benefits of insuring a rented dwelling include protecting the structure against damage and protecting the landlord in cases of legal or personal liability. The policy covers the rented structure, other private buildings including a shed or garage, and any personal items that are stored on the premises or provided by the landlord. A landlord can purchase a policy for various structures such as a single or multi-family building or a condominium.Standard policies include provisions for liability, lost rental income, court charges, and the cost of legal defense. Liability protection covers the landlord during lawsuits related to property damage or bodily injury. This coverage may include a medical expense provision for people who are injured while on the premises. There is additional optional coverage that will protect the landlord in various...more
If you are running any form of business, the chances are that you will have some form of business insurance in place. It might be just the legal minimum, it could be just the liabilities or you could have cover for your business assets and buildings...more
Your vacation is coming up; it's all so exciting you can hardly sit still. Passports found and checked, flights booked and confirmed, hotels selected and reservations made, clothes chosen and packed, travelers cheques purchased,...more
Depending on the primary health insurance coverage that you have, you may need to have secondary health insurance as well. There are often cases where your main policy will not cover all the bills that you have. For instance some insurances may not...more
IntroductionThis slide deck provides direct answers to the important questions regarding consumers behaviour towards Financial Services products. This series of reports provides country specific data, set against a global backdrop, to ensure the...more
Being in the health insurance business, I am convinced that personal injury insurance is the best kept secret in health insurance.Why you ask, for these reasons:It will cover the expensive out-of-pocket costs you'll be responsible for...more
Home insurance new york covers both condos and cooperatives. These individual insurance policies cover the interior of the space; the condominium and cooperative will insure the building under a separate policy. The owners of these interior spaces...more