Renters insurance is property insurance that protects the insured against liability claims and pays losses to personal items. It is also known as tenant’s insurance. Under this insurance, your landlord is liable for any injuries brought on by structural issues. This insurance covers anything from a studio apartment to an entire home. Purchasing tenant insurance could be a wise investment, even if you're only moving in or staying in a home for a year. It's likely the cheapest and most Read More
Temporary Life Insurance 101: What You Need to Know?
Posted on: August 24, 2022
Life Insurance underwriting is when your insurer analyzes if you are eligible for a life insurance policy. During this process, your insurer will evaluate your application to determine your risk class and life insurance premiums. During this underwriting period, your insurance provider may offer you a short-term life insurance plan, known as temporary life insurance. However, every insurance seeker may not be eligible for temporary life insurance. This article discusses in detail Read More
Surprising Facts About Life Insurance You Need to Know
Posted on: August 10, 2022
Purchasing adequate life insurance coverage is usually a smart decision if you have loved ones or family members dependent on your earnings. People mostly buy a life insurance plan to financially protect their loved ones in case of their untimely demise. To help you understand life insurance policies, this article provides some essential facts about how these policies work. 1. Getting the Death Benefits During Your Read More
What Is Workers’ Compensation, and How Do I Apply for It?
Posted on: July 27, 2022
Worker's compensation is an insurance policy that provides medical care and benefits to any employee who experiences an injury or illness as a direct result of their employment. It pays an employee's medical expenditures and a percentage of their wages, among other things. Its "no-fault" aspect is a mutual agreement between employee and employer in which the company agrees to pay, and the employee usually cannot sue for damages. How Does Workers' Compensation Work? Workers are Read More
Picking the Right Health Insurance: A Guide
Posted on: July 13, 2022
It's no secret that navigating the complexities of health insurance, particularly in the United States, can be challenging. To comply as an employer providing health insurance, you must follow a complex set of laws and regulations. Similarly, if you're looking for health insurance for yourself or as an employee, there are several key factors to consider. You're not alone if you're feeling a little overwhelmed by the process. However, following a few basic steps may help you make a more Read More
How Do Insurance Deductibles Actually Work?
Posted on: June 29, 2022
If you've ever bought insurance or filed a claim, you've certainly heard the term "deductible," but you might not know what it means or how it works. A deductible is an amount you need to pay out of pocket before your insurance coverage is triggered and starts paying for the peril. The type of deductible you choose depends on the coverage you have. Auto insurance deductibles are often grouped into two types: collision and comprehensive. A collision deductible is a set dollar amount that you Read More
Insurance for House Flip Project: When Do You Need It?
Posted on: June 15, 2022
If you don't want to deal with the inconvenience of owning a house and renting it out, buying a fixer-upper and reselling it for a profit is the next best thing. While the process appears to be straightforward, one critical aspect should never be overlooked: the requirement for home insurance You may believe you don't need insurance because no one lives in your investment property. That, however, is not the case. Believe it or not, several things that may go wrong during renovation Read More
What You Need to Understand About Temporary Life Insurance
Posted on: May 25, 2022
Temporary life insurance is short-term insurance. It applies to both term life and whole life insurance policies. It protects the policy's beneficiary for the time frame during which the underwriting process is in progress. In the event of the policyholder's death, the insurance company will pay out the death benefit to the beneficiaries attached to the policy. The amount paid as a death benefit is equivalent to the insurance coverage. Here’s a detailed analysis of temporary insurance Read More
What Happens When You Go Through a Bank for Car Insurance?
Posted on: May 11, 2022
You can get auto insurance from an insurance company or an insurance agent as a car owner. However, what about through a bank? Do banks offer auto insurance? Read on to find out more! When to Get Auto Insurance Through a Bank You can get auto insurance through a bank when the bank is financing your car. In other words, you get auto insurance from the bank when you apply for a car loan with them. When you finance a car, the bank buys the car on your behalf while you make payment to them Read More
5 Simple Tips to Prevent Common Fire Hazards in Your Home
Posted on: April 28, 2022
Fire safety is extremely important when you are trying to keep your home and family secure. While most home fires are accidental, they can easily be prevented by being more vigilant and taking precautions that would greatly reduce the risk of a fire. Here are a few simple tips to help you prevent fires within your home. Don't Overload Your Outlets Overloading your outlets can spell disaster if one gets too hot and begins to short out. Therefore, avoid using extension cords if Read More