Category Archives: Finance Guide

Which Of The Following Is Not Considered To Be An Act Of Insurance Solicitation?

When it comes to purchasing insurance, you may have encountered agents trying to persuade you into buying a particular policy. This is known as insurance solicitation, and it’s an essential aspect of the industry. However, not all actions related to promoting an insurance policy are considered solicitation. In this blog post, we’ll be discussing what […]

What Is Cash Surrender Value In Life Insurance?

Are you currently holding a life insurance policy? If yes, then you might have heard of the term “cash surrender value”. For those who are not familiar with this concept, it can sound confusing and intimidating. However, understanding cash surrender value is essential if you’re looking to make informed decisions about your life insurance policy. […]

Does Insurance Pay For Invisalign?

Are you considering orthodontic treatment, but hesitant about the idea of traditional metal braces? Invisalign may be the solution for you. This innovative approach to teeth straightening involves wearing nearly invisible aligners that gradually shift your teeth into their proper position. But with this advanced technology comes a higher price tag, leading many to wonder […]

Classification of Vehicles Insured

Insurance classification Insurance purposes generally divide the vehicles into four categories. (1) Private cars(2) Commercial vehicles refers to any type mechanically driven vehicle that is used in business or trade. They can be passenger vehicles, goods vehicles, or tractors.(3) Trade vehicles.(4) Motor bikes Rates are set for each classification. Further classifications based on vehicle use […]