For the small business owner, choosing the right insurance is vital. Not having enough coverage can bankrupt you. Here are five essential types of insurance that should keep you covered.
Life insurance, health insurance, car insurance…everything about insurance.
Natural disasters are exactly that: disasters. And they can be devastating financially. These unexpected events are terrible, but we can take some of the hardship away by preparing up front.
Let’s get this out of the way: it’s only called life insurance to make you feel better. It’s death insurance, folks.
Now that we understand what it’s actually for, what exactly does it do?
And who needs life insurance anyways? Just employees? Stay-at-home spouses? Children?
Let’s go over everyone who may need it, and those unique situations.
If you’ve had the unfortunate experience of a DUI conviction, you might be wondering if there’s anything you can do to lessen the impact it has on your auto insurance rates. There are some steps that you can take if you’d like to make an honest attempt to appeal to your insurance agent, but first, it’s important to educate yourself on the reality and magnitude of the situation you are in.
The importance of insurance for young drivers cannot be stressed enough. However, automotive insurance companies are not very keen on insuring young drivers because they do not wish to take on the high level of risk associated with them. If we look at past insurance trends, we find that young drivers tend to make up the biggest chunk of claims. They tend to get into accidents more often than old or experienced drivers as a result of over-speeding and reckless driving. This explains the reluctance of insurance agencies towards covering young drivers.
However, since automotive insurance is extremely important, it is not wise for young drivers to stay uninsured. Young drivers are typically charged very high premium rates, but there are certain ways that this cost could be brought down.
NOTE: This article is direct towards UK readers, so much of the information may not apply to US readers.
There are many good reasons to take out life assurance to ensure the financial security of your loved ones after your death. Most of these reasons centre around the provision of a lump sum that can be used by your surviving family for:
The moral of this infographic is this: don’t commit insurance fraud. Even when it’s not this extreme, you will still get caught.
It’s never a good idea to try to profit from “gaming” huge corporations.
Plus, it’s illegal.
So just for fun, here are the reason why you shouldn’t commit insurance fraud…
No matter whether you are looking for health insurance or income protection, effective insurance planning is a must.
There are, unfortunately, so many individuals that are forking out their hard earned cash on a policy that is simply not right for them and their financial situation.
With that being said, read on to discover five of the top general insurance buying mistakes you need to avoid.