Category Archives: Finance Guide

Zero Deductible Insurance – The Pros and Cons

A policy that does not have a deductible sounds wonderful, as we can sometimes be caught in the “you must pay the deductible before …” trap.” This applies to car, health, and property insurance. Life insurance does not have a deductible. Otherwise, beneficiaries could be in serious trouble. First, it is important to understand what the deductible […]

The Role of Car Insurance Brokers

Car insurance brokers serve as intermediaries between customers and underwriting Insurance Companies. They perform a variety of functions in this role, both with the car-insurer buying public and the Insurer placing the business. Brokers are responsible for placing motor and car insurance risks on coverage. This is a significant difference from other types of insurance because […]

What Makes Them The Best Tax-saving Investment Instrument

Although most new investors prefer debt or equity funds when searching for the best mutual funds, a growing number of investors, particularly working professionals, are looking into ELSSs. An Equity-Linked Savings Scheme (ELSS) is a mutual fund that invests the majority of its corpus in equity segments. Similar to other investment options such as NSC and PPF, […]

Auto Insurance Does Not Mean The Same Things To People In The Financial Profession

It’s amazing to see how much literature there has been about car insurance online. Most of the literature is focused on selling car insurance rather than offering it as an insurance product. When you search for “auto insurance”, a lot of websites will appear with phrases such as affordable auto insurance, low-cost auto insurance, and low-cost auto […]

Results of Enacting SB0152 By Enforcing The Nationwide Inter-Company Arbitration In Illinois

Illinois Senate SB0152 seeks all auto insurance carriers’ endorsement of a non-governmental agreement called Nationwide Inter-Company Arbitration. This pact was signed by more than 4,000 automobile insurers. This agreement allows automobile insurance companies to work together to resolve disputes related to auto insurance claims. Arbitrations are a way for them to do so without having to resort […]