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 […]

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 […]

Homeowners today must consider a range of factors when shopping for their home’s insurance. Not only should coverage be considered, but the cost for such coverage should also be taken into account. Of all these items, appliance insurance is typically one of the least talked about, yet it is an important piece of the puzzle […]

Health insurance can be a tricky subject to understand, especially when it comes to the specific details of an individual policy. In this article, we will focus on one such detail: the annual deductible. What is an annual deductible? How does it work? And why is it important to know about it? This guide will […]

When it comes to making the largest financial decision of your life—buying a home—it’s important to make sure your investment is protected. Mortgage title insurance is one way that you can do this. It’s a form of insurance that covers an owner against any unexpected problems with their title. But what is mortgage title insurance […]

Teeth whitening and microneedling are two of the most popular cosmetic treatments out there for those looking to improve their smile and/or skin. But what most people don’t know is that, if you have the right insurance plan, you may be able to get some or all of these treatments covered. So if you were […]

Are you considering getting an Alaska Airlines credit card, but want to know if it covers rental car insurance? If so, you’ve come to the right place. Rental car insurance can be a great perk of having a credit card, and many airlines offer it as part of their rewards program. In this blog post, […]

Deciding on the right auto insurance limits can often be a confusing and intimidating task. After all, you want to make sure that you have enough coverage to protect your car and finances in case of an accident, but you don’t want to overpay for more coverage than you need. So how do you determine […]

If you’ve been convicted of a DUI or DWI in Missouri, you’ll need to obtain sr22 insurance coverage. This is also known as financial responsibility insurance and it provides proof to the state that you are financially capable of covering any potential damages from an auto accident. But how long do you have to keep […]

Floods can be some of the most destructive natural disasters, leaving behind not only property damage but also financial strain. When it comes to auto insurance, knowing what is and isn’t covered when it comes to flooding can mean the difference between getting a full reimbursement or being left on your own. So, does auto […]