Are you tired of paying high premiums for car insurance that includes someone who no longer needs to be on your policy? Maybe they’ve gotten their own vehicle or moved out of state. Whatever the reason, it’s time to take action and remove them from your plan. But where do you begin? In this blog […]
Category Archives: Finance Guide
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Apr
This article has been divided into four sections. Each section outlines its heading. This will make it easier to find the information you need. Auto Insurance in Alaska Alaska’s law requires that all motor vehicles registered in the state must have minimum liability auto insurance. This State law requires that all motor vehicle owners and/or drivers must […]
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Apr
Apr
“Accidents happen when we least expect it, and sometimes they require immediate medical attention. But what if you don’t have insurance? A trip to urgent care can be a costly affair, leaving many wondering if their financial health will take a hit along with their physical one. In this blog post, we’ll break down the […]
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Apr
Apr
What is Bancassurance? Bancassurance refers to the marketing of insurance products by Banks. Apart from the regular products they offer in deposits, advances and investments, banks also sell insurance products. This is done to increase their fee-based income and to take advantage of their strengths as financial supermarkets. Benefits of Bancassurance Banks have many advantages over insurance […]
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Apr
Apr
Eugene, Oregon homeowners are facing rising property values and higher than normal home insurance rates. Home values have risen sharply 25% from $342K to $430K between May 2020 and May 2021. Quadrant Information Services was used by Bankrate to determine that Eugene’s home insurance premiums were $1,433 annually for $250,000 of dwelling coverage. The area’s vulnerability for wildfires and […]
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Apr
Apr
The Federal Emergency Management Agency (FEMA) states that flooding has affected 99% of U.S. county between 1996 and 2019. South Carolina was no exception. Floods from hurricanes and tropical storms can affect homeowners in South Carolina’s coastal and inland areas. In 2016, $654 Million was paid by insurers for losses resulting from Hurricane Matthew. The following year, Hurricane Irma left […]
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Apr
Below is a brief introduction to each one. You don’t have to know what they are. Just skip the section after the line with asterisks. The amount shown is in SGD dollars. (You’ll see that I use many terms such as “usually” due to the different standards of each insurer. I refer to the majority of Singapore’s insurers. […]
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Apr
Apr
Des Moines residents pay on average $1,267 per year for a $250K house, which is lower than the Iowa average $1,502. Although the area has experienced tornadoes in the past, there are not many natural catastrophes. This keeps the rates low. Des Moines homeowners may pay less for home insurance depending on their situation and the insurance company. Bankrate […]
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Apr
Apr
A representative from your insurance company reviews your claim. Based on the damage, they estimate your payout. Unfortunately, sometimes claim payouts are lower than you expected and you might feel entitled to more. A public adjuster may be the best way to get a fair and accurate payment for your home insurance claim. Continue reading to find […]
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Apr
Apr
The current hot topic in the financial sector is “Insurance vs. Investment”. If I were to be honest, and having been in the industry for a while, insurance is not an investment. They are two completely different things. It is amazing to me that my peers in the industry go out and sell Investment Products to clients. This […]