Category Archives: Finance Guide

Renters insurance generally does not cover damage caused by pets; however, some policies provide special add-on coverage called pet liability coverage. Pet insurance covers the costs to repair or replace property that your pet damages while on another person’s property. Some policies exclude certain breeds while others restrict coverage for exotic or farm animals. Liability […]

When you’re on Social Security, Medicare, or Supplemental Security Income (SSI), it can feel like your budget is already stretched thin. That makes it hard to consider adding another expense to the mix, such as life insurance. But there are plenty of options available for people on Social Security and Medicare that can provide financial […]

Life insurance provides financial support for beneficiaries upon death; however, how this payout is received may have substantial tax ramifications. Distributions from life insurance policies are subject to tax if they exceed their policyholder’s cost basis, which this article will explore along with partial surrenders, withdrawals and loans that impact it. Cost basis When accessing […]

If you’re receiving a federal annuity, you may have noticed that the deduction for life insurance is automatically taken out of your payments. This can be confusing and frustrating, especially if you don’t need or want the coverage.  But there is a way to cancel this deduction from your annuity payments. In this blog post, […]

Drivers convicted in New Hampshire of DUI or DWI may need to carry an SR-22 certificate along with their insurance. Contrary to popular belief SR-22s do not constitute insurance. They are proof that you have the minimum amount of New Hampshire state-required insurance. The name of the required form can change from one state to the next. […]

Life insurance is a popular way for Americans to provide financial security to their loved ones. Non-U.S. citizens might also require life insurance. It is possible to get life insurance for green card holders and visa holders, but it can be more difficult. While many life insurance providers offer life insurance to visa holders and green card holders, not all […]

Are You Preparing to Move, Clean Out Your Garage or Declutter? A storage unit rental may be just what’s necessary. Keep in mind that many self-storage facilities require that their customers carry some form of insurance to cover their belongings during storage. Tenant insurance can often be quite affordable and is easily obtained by reaching […]

Life insurance policies offer a variety of dividend options that can help financial planners ensure their clients receive the best returns on their policy. Dividend options range from straight life, to endowments and annuities, but there is one option that stands alone—which of the following is not a dividend option for a life insurance policy? […]

Many people who live on the West Coast have experienced the aftershocks and rumbles from earthquakes during their lives. A 2014 U.S. Geological Survey report shows that Oregon is among 16 states at highest risk of earthquakes. Oregon homeowners may believe that earthquakes are covered by their standard insurance policy if they have insurance to protect their home […]

Most states in the United States require you to have minimum liability coverage for your vehicle. This is determined by your state. If you cause an accident that results in bodily injury, or property damage, this coverage protects passengers and other drivers. The average cost of car insurance is $565 for minimal liability coverage and $1674 […]