Search Results for: insurance

Annuitization refers to the equitable distribution of principal and interest over a set period. Annuitization has a distinct advantage because the tax-favored disbursements offer a tax-favored benefit. The tax-favorable status is not applicable to situations in which funds are scarce. Nearly all annuity contracts allow for annuitization. The contract owner decides how the funds will be received when […]

Can America save money for a rainy-day? Every day in this new economy has the potential for being a rainy one. With cutbacks, layoffs, and the mortgage crisis, we all are on the edge. It is now a fact that Americans cannot live as they used to. We must learn to spend less and save more. There are […]

Do you need home insurance? Yes, if you have a mortgage lender. There are many ways to save money on homeowners insurance and still protect your investment. It is a smart financial decision to insure the home as well as any valuables inside it. This is even after your mortgage has been paid off. If you don’t have insurance, losing […]

What is Section 125? Section 125 Plans are one type of group insurance benefits an employer may offer. These Section 125 plans are also called cafeteria plans and flexible benefit plans. These plans were first described in the Internal Revenue Code Section 125 in 1978. However, they didn’t become popular until 1986 when tax laws changed and […]

Like in many states, car coverage is mandatory for Pennsylvania drivers. Pennsylvania saw 125,267 fatalities and 1,059 injuries in 2019. These high numbers make Pennsylvania insurance laws very strict. It is important that you understand both your minimum requirements and any optional coverages that may be available to provide better coverage. Pennsylvania has laws regarding car insurance Minimum insurance […]

Nearly everyone has an insurance product, as I explained in the first article of this series, Corporate Body Snatching and Customer Rustling – How Insurance and Investment Companies Steal Customers For Huge Profits. Here I’m going to focus on Property and Casualty Insurance. Also known as Auto and Homeowner’s, this is how people can be tricked […]

All Michigan drivers must have car insurance. To comply with state laws, drivers must have minimum car insurance coverage and certain types of insurance. Insufficient insurance coverage can be illegal, and it can lead to severe consequences for even first-time offenders. It doesn’t matter if you’re a Michigander for a long time or a new driver in […]

In 2017, there were 1.88 cars per household in America. You will need to insure the additional vehicle if you own a car. You can usually add a second car to an existing auto insurance policy. Although some companies insure vehicles on a one-vehicle-per-policy basis, many allow policyholders to insure a number of vehicles on one policy. You can add your […]

You don’t want your vehicle to be caught without insurance in Arizona. All Arizona vehicle owners must have insurance. No insurance can result in a ticket, a fine, suspension of your license, and other consequences. It’s important to be aware of the penalties for driving without insurance in Arizona, especially since Arizona recently increased its liability limits. Let’s […]

You must have minimum coverage if you own a Georgia-registered car. Georgia’s law makes it illegal to drive without insurance. If you are caught, there will be severe consequences. Drivers need to be familiar with Georgia’s car insurance laws. Also, the penalties for driving without insurance are severe. Georgia car insurance laws Georgia car insurance laws require that […]