Insurance

Travel Insurance

Travel Insurance: What It Is and When You Need It

Travel companies are quick to offer optional travel insurance as you’re making your purchase. This insurance provides protection against losses you may experience while traveling or due to trip cancellation or interruption. However, you should not rush into purchasing travel insurance without evaluating how its coverages affect your specific travel situation. To do this, you Read more

Rental Car Insurance

Rental Car Insurance: Do You Really Need It?

When you’re renting a car, the agent will probably ask if you’d like the optional rental car insurance. This insurance is designed to protect you against any financial or other risks should you get into an accident. You don’t have to purchase it from the car rental agency. Other sources include a third-party company, your Read more

Home Insurance

Homeowners Insurance: What It Is and How It Works

Last Updated: April 27, 2020 Homeowners insurance has suffered from the unfortunate misconception that it is a luxury reserved for the rich. The truth is it’s a necessity that we should all make space for in our budget. Should your home be damaged, home insurance can restore it. If your possessions are stolen or destroyed, Read more

Car Insurance

Auto Insurance: How It Works

Auto insurance is one of those things you always have to get but hope that you never need. For most states, it’s a mandatory cost of operating your car; but that doesn’t mean that you buy it and forget it. Your insurance policy must have a minimum amount of coverage based on the state you Read more

How to Get Health Insurance

How Health Insurance Works

Health insurance is a type of coverage that offsets the cost of surgical and other medical expenses you may incur. Medical bills can be pricey. The average cost of a heart bypass surgery is more than $78,000. Over 2 million people are negatively affected by medical bankruptcies. Two-thirds of bankruptcy filers state that medical-related debt Read more

What Is Life Insurance?

What Is Life Insurance and How Does It Work?

A life insurance policy is a financial instrument that pays money to beneficiaries (people you designate to receive the payout) in case of your death. Your beneficiaries are often your spouse, children, or other family members. A life insurance policy may be a financial cushion, especially if your family relied on your income. Selecting the Read more