When people first encounter an insurance company they almost always come in contact with an entity called an agent. According to the definition of agent in any glossary, an agent is someone who represents a company’s product, a middle man if you will. In this case the agent represents an insurance carrier. Read More…
Accelerated death benefits may sound like a newly created government program but in fact it is nothing more than a life insurance policy option. This option kicks in when a person becomes terminally ill, needs extreme medical care or must move into a nursing facility. The policy proceeds are paid to insured individuals over their lifetimes. Read More…
The FDIC protects depositors of insured banks located in the United States against the loss of their deposits if an insured bank fails. If you have deposits in a U.S. bank and whether or not you are a U.S. citizen, your deposits are insured by the FDIC. Since the FDIC began operation in 1934, no depositor has ever lost a penny of FDIC-insured deposits. Read More…
It is no secret all states require motorists to carry auto insurance. However, the state falls far short when it comes to explaining all those terms that make up an auto insurance policy. Read More…
Travel insurance is one of those items you don’t need until you need it. Not all of us travel great distances in the country or leave the country at all. Hence, the need for travel insurance is non-existent or minimal. Read More…
Insurance saves your money if you are willing to follow one simple rule. That rule is so simple that all high schools students should have to take a one day course in insurance in order to graduate. Read More…
There are always the “What ifs”. Things like – “What if I get sick, how do I pay my bills” or “What if I have a fire, how do I keep my business running”. Simply put, the one thing you do not want is to have the business you have labored so tirelessly to build to hit a financial snag. Read More…
Obtaining insurance quotes can be quick and easy or a laborious all day job. The laborious job comes into play when you call every insurance agency in the phone book. However, this method has quite a benefit. Read More…
The common misconception about an insurance claim settlement is that they happen after the fact. The truth is insurance settlements are structured at the time the policy is purchased. Read More…