These complex financial products combine investment growth and life insurance in one package. These products were popular among homebuyers in the eighties, nineties and nineties as a way to repay a mortgage. Many people purchased them because they were able to get large commissions from home loan companies and middlemen like estate agents. These charges are often […]
Search Results for: insurance
03
May
May
The (ACV)Actual Cash Value Policy does not insure the property, but only the VALUE. Let’s suppose that the insurance company decides to “Repair” insureds damaged property as per their contract. However, this does not relieve them from their contractual obligation to restore the Pre-Loss value of the motor vehicle. In cash, policyholders should present the motor […]
03
May
May
Insurance companies strive to earn customers’ trust. Imagine a situation where the right people aren’t rewarded, and the wrong ones get rewarded. This can lead to chaos and loss of faith in the system. The question now is, “What breaches the trust utmost?” It is the return on the customer’s investment in a product or service that matters […]
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
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
The Internal Revenue Service defines funeral trusts as “a ‘pooled Income Fund’ that is established by a funeral home/cemetery and to which a person transfers assets to cover future funeral or burial costs.” This can save survivors a lot and help them make difficult decisions. As a condition for admission, some nursing homes require that a funeral trust […]
03
May
May
Before teens can drive safely, they need to be trained. Experience helps teens to become more confident and have safer driving habits. State Farm Steer Clear allows teens and young adults to learn the rules of driving while also qualifying for a d discount on their car insurance. You may not be aware of the cost to add a young driver onto […]
02
May
May
Are you aware that Utah requires SR-22 insurance? If you’re looking for “SR-22 insurance”, it is important to understand that SR-22s do not constitute insurance. They are just proof of insurance forms submitted to the DMV from your insurance provider. There are many forms that are used in the country. Some are very similar and some […]
02
May
May
Most teens consider getting their driver’s license a major accomplishment. Other teenage rites are not as exciting, but the feeling of pride, freedom, and excitement that comes with owning a car is unmatched. Parents may not find the excitement of a teenage driver as exciting. Parents must deal with the financial burden of purchasing and insuring a vehicle […]
02
May
May
Legal Reform Now predicts that over 15 million lawsuits in the United States will be filed this year. This is roughly 1 lawsuit for every 20 Americans. It is a massive understatement to say that we live in a litigious nation, where companies view consumers as potential plaintiffs and consumers as “deep pockets”. Despite being ridiculous on the […]