Search Results for: invest

Which Statement Is Correct Regarding Mutual Life Insurance Companies?

NerdWallet writers are subject matter experts who use primary, reliable sources to produce content for our website. All content is reviewed for accuracy and timeliness before being approved for publication. Mutual insurance companies exist all around the globe and aim to provide coverage at or close to cost, returning any profits back to members in […]

Disability Insurance COLA Riders – What Does Cola Stand For in Insurance?

COLA riders allow your primary insurance amount (PIA) to increase each year based on inflation; however, they come at an extra cost. Before making a decision to add a COLA rider, it is important to take into account all costs involved, including going through underwriting again, answering health questions and receiving medical exam results. Being […]