Did you add payment protection insurance to your mortgage, personal loan, or credit card application? If you did, it’s possible that this costly form of protection will not be useful if you have to file a claim. Payment protection insurance (also known by unemployment insurance) is a simple concept. If you have a sudden decrease in your […]
Category Archives: Finance Guide
05
May
May
To avoid any unexpected costs, it is best to be cautious when taking out a loan or purchasing life insurance. Most people believe that general insurance will provide protection for you and your belongings. It is important that you have all terms and conditions in place when you sign a policy for general insurance. Some things that […]
05
May
May
Permanent life insurance was long viewed as offering investors an attractive tax break: cash-value growth was tax-deferred while loans were taxed according to the last-in first-out method. But with most policies featuring cash values now failing the seven-pay test and thus being classified as modified endowment contracts (MECs), investors may lose some tax advantages of […]
05
May
May
Car accidents are unsettling experiences for all drivers, no matter their experience level or skill. Understanding when and how to report an incident to your insurer will make the process less cumbersome. Most insurance providers, like GEICO, recommend reporting immediately so they can begin taking steps on your case immediately. Damages Many people fail to […]
05
May
May
If a burst pipe occurs in your home, you should contact your insurance agent as soon as possible. Homeowners insurance often covers cleaning costs associated with burst pipes as well as required repairs caused by them. However, repairs for actual pipe damage might not be covered under your homeowners policy; adding a home warranty from […]
05
May
May
People often view vision insurance like any other health coverage. In reality, however, most plans like those offered by industry leaders VSP and EyeMed primarily act as discount programs designed to boost sales of frames and lenses associated with each company. That includes LensCrafters, Pearle Vision, Sears Optical, Target Optical and Sunglass Hut. Furthermore, VSP […]
03
May
May
UAVs (unmanned aerial vehicles), also known as drones, can be used for a variety of purposes. Many entrepreneurs have discovered ways to make drones work for them. As this is still a new industry, many people don’t know much about it. It is important that drone owners who are already in the drone business get insurance. This seems like […]
03
May
May
If you’ve ever watched a movie set in New York City or walked the streets of Boston, chances are you’ve seen it – that iconic tower rising high above the skyline. But what many people don’t know is that this landmark is actually associated with one of America’s oldest and most well-known insurance companies: The […]
03
May
May
You may have tried to purchase a term plan in many situations. However, the availability of so many options might have made it difficult for you to choose the right one. You would have put it off to purchase it later when you can compare and review the different features. But remember that mishaps can happen […]
03
May
May
Are you about to turn 65 or already enrolled in Medicare? If so, you may have heard of Medigap supplemental insurance. Many people are confused about what it is and how it differs from regular health insurance. In this blog post, we will explore everything you need to know about Medigap, including its benefits, costs, […]