Income protection insurance is one of the most difficult products to understand. It’s not surprising that so many people don’t understand what income protection insurance is. There are so many key facts and stories about context-specific consumer-insurer battles. Here are eight myths about income protection that have been debunked. Myth 1 – It doesn’t pay Claims […]
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Recent bank failures by Silicon Valley Bank and Signature Bank have raised concerns among some consumers regarding their retirement funds. However, safeguards exist which can help prevent losing your hard-earned savings. The Federal Deposit Insurance Corporation provides coverage for bank deposits like savings accounts and certificates of deposit; it does not cover investments such as […]
There are two things you might have noticed if you’re looking for a car: a high-quality used market and buyers and sellers flooding Facebook Marketplace to find deals. Studies show that 78% of people use social media when making a car purchase; with 53% of buyers making their choice of new or new-to-them car entirely online. Avoiding scams while […]
The Insurance Institute for Highway Safety states that young drivers are more likely to speed and cause serious accidents than their older counterparts. Young drivers tend to be more dangerous than older drivers around the age of 25, so auto insurance companies often offer lower rates for those 25-plus. These rates drop until 65 when senior drivers […]
The pandemic changed our focus to health. It not only focused on protecting our physical health but also highlighted the importance of financial well-being. Over 70% Americans reviewed their financial plans in the past year. One third made changes to that plan. You are not the only one who feels the need to have your finances in order […]
Last week, I was playing golf and something caught my eye that inspired me to write this article. The ninth tee was my destination. There was a bench that you could use to rest your tired bones and help you analyze your game. It was simply turning up at the course. On this bench, however, was a […]
We often say that timing is everything as we move through our lives and navigate life’s many events. We are all so busy that we have learned to master the art of procrastination. However, filing a claim can have negative consequences. A policy of insurance is like any other legal document in that both the insured […]
There are many things to remember if you have been in a car crash, regardless of whether it was head-on, rear-ended or t-boned. Many people get panicked or flustered after a car accident. This can lead to missing important details later on when they have to deal with their insurance company or lawyer. These key points will […]
Are you looking to insure a car in Florida that is registered to someone else? It may seem like a tricky prospect, but it can be done. In this blog post, we will take a look at the ins and outs of insuring a vehicle that you do not own in the Sunshine State. We […]
As with bank deposits, credit union savings are federally insured by the National Credit Union Share Insurance Fund (NCUSIF). NCUA coverage typically extends up to $250,000 for single ownership accounts in each category of checking, savings and money market accounts. All federally and most state-chartered credit unions offer this protection free to consumers. FDIC The […]