Life Insurance A life insurance beneficiary is an individual or entity that receives the death benefit from a life insurance policy after the insured dies. Policies may have multiple beneficiaries, which commonly include spouses, children or charity organizations.
Life Insurance If you're seeking affordable coverage for a specific period of up to 30 years, term life insurance is probably your best bet. On the other hand, if you're looking for lifelong protection with an investment component, whole life insurance may be a better fit for you.
Insurance Insurance The key difference between an insurance claim payout for an item’s actual cash value vs. replacement cost value is whether there is a deduction for depreciation. Keep reading to learn more.
Commercial Insurance Commercial property insurance is vital for safeguarding your company’s assets if you experience a covered loss. Without this type of commercial insurance, you may have to pay for repairs or replacements to your commercial buildings, equipment and furniture out of pocket after a fire or burglary.
Health Insurance A health insurance copayment, or copay, is a flat fee paid each time you visit the doctor, pick up a prescription or receive some other type of healthcare service. The copay amount can vary based on the service and your healthcare plan and in some cases, no copay will apply at all.
Health Insurance Health insurance is an insurance product that covers hospital stays, doctor visits, prescription drugs and other related services, reducing health care costs for individuals and allowing them to access medical treatments that may otherwise be unaffordable. Several types of health insurance exist — including private, public and employer group plans — all of which may vary in terms of costs and coverage.
Auto Insurance Driving without car insurance is illegal in nearly every state — and if you’re caught, the penalties can be severe. You may face fines, license suspension or even jail time. Driving without car insurance can also lead to costly financial setbacks. If you’re at fault in a crash, you could be on the hook for repairs and medical bills out of pocket — and future car insurance premiums may increase substantially.
Auto Insurance You may want to buy guaranteed asset protection, more commonly known as gap insurance, if you plan on making a small down payment on your car or financing your car over a period of several years.
Auto Insurance Do you know what to do after a car accident? We’ve outlined each step necessary to help you stay safe and compile the right information for your insurance claim.
