Category Archives: Finance Guide

If you are unable to pay your bills, purchasing life insurance can be a great way of providing financial protection for your loved ones. Term life insurance is a cost-effective option that provides coverage for a limited time. Every person’s financial situation and life insurance needs are different. Therefore, the coverage required will vary. Buying term life […]

Life insurance proceeds generally don’t pass through probate as they are distributed directly to their designated beneficiary who considers it theirs. But in instances in which a policy beneficiary has died or been lost to us, does that alter how our life insurance payout is distributed? What is Probate? Probate is the legal process wherein […]

All states in the United States, with the exception New Hampshire, require drivers to have liability insurance to legally drive. Although collision and comprehensive coverage is optional for nearly all drivers, they are available. Collision coverage Collision covers damage to your vehicle that results from collisions with objects (e.g. a telephone pole or guard rail, a […]

A standard auto policy will include property damage liability as one of the coverages. The majority of states in the U.S. require drivers to have at least some coverage for property damage liability before they can drive legally. Property damage coverage is an integral part your car insurance policy. “Property Damage Liability Coverage is required whenever there […]

Flood insurance can be purchased separately from homeowners insurance. It is usually purchased through the Federal Flood Insurance Program (NFIP ), but more private options are available. Flood insurance is just part of Massachusetts life. Massachusetts is constantly flooded by floodwaters. It’s important to learn how flood insurance works, what it costs, and how to file a claim in […]

Nonprofit directors and officers face significant personal liability if they fail to take appropriate steps to safeguard their personal assets, making D&O insurance an indispensable safeguard. Liability policies vary significantly by insurer; here, we highlight some key issues. Coverage Nonprofit organizations must consider multiple forms of insurance to safeguard both themselves and those they employ, […]

In response to rising costs of health care, premiums for health insurance have increased dramatically in the last decade. Obamacare, also known as the ACA, has made health insurance more accessible for Americans. It created “exchanges” or health insurance marketplaces and provided subsidies to those with lower incomes. However, most middle-class Americans don’t qualify for subsidies. It […]

Graduate students might experience financial stress, regardless of whether they work part-time or full-time. Although you have faith that the hard work you put in now will pay off when you receive your degree, money can be tight. Life insurance for graduate students is often a low priority. Although you might not need life insurance as a […]

Flood damage isn’t covered by homeowners’ insurance, so many New Yorkers must purchase separate coverage to protect themselves against flood risk. This is particularly applicable when purchasing property located within high risk flood zones. Under federal rules, mortgage lenders must require people buying property in high risk areas to purchase flood insurance before closing on […]

When you’re planning your international student move, one of the first things you need to do is find the right insurance company. After all, who wants to deal with anything unpleasant when they’re trying to relocate? Unfortunately, not all insurance companies are created equal, and this can affect your entire experience as a foreign student. […]