Definitions are important It is essential to understand the different types of life insurance available to you and their differences. Permanent life insurance refers to a category of insurance policies that never expire. Typically permanent life insurance includes a savings component as part of the policy on top of the death benefit. Two main types of permanent life insurance are universal life insurance and whole life insurance. Let’s dissect these to clearly understand the differences between them. Universal life insurance Universal life insurance falls under permanent life insurance in that…
Read MoreCategory: Specialty Insurance
Special lines insurance covers everything from supplemental health insurance to cell phone insurance. When researching these markets many find this as a great source of information.
7 Important Things Delivery Drivers Should Know About Insurance
In the last few months, online delivery businesses have taken off in a major way. The Coronavirus pandemic has unleashed the Ecommerce beast in almost all industry niches. If data is to be believed, Americans spent more than $11 billion in Pizza deliveries alone in 202-2021. With groceries, medicines, food items, take outs, pets supplies and other essential and non-essentials getting delivered online, the same has fueled growing and profitable delivery businesses. This means vehicles and drivers that are doing last mile deliveries and delivering to the doorsteps of the…
Read MoreState Farm and Hagerty join together for classic vehicle insurance
The collaboration is set to start providing this special form of coverage starting in early 2022. State farm, the largest private passenger vehicle insurer in the United States, and Hagerty Insurance have agreed to collaborate to introduce a new classic vehicle insurance coverage plan starting in 2022. This new policy will be called the State Farm Classic+ and will launch early next year. The collaboration will add the entirely new classic vehicle insurance policy to the market so that owners of these cars and trucks will be able to purchase…
Read MoreWhy the Country Still Needs the Affordable Care Act
The Affordable Care Act, ACA or “Obama care,” was enacted in 2010 and has had extreme proponents and detractors ever since. The Act was a reaction to the soaring costs of healthcare and health insurance, leaving millions uninsured and going into medical bill debt. So, what is the ACA, exactly, and what are its benefits? Read on to find out. Affordable Health Insurance The central pillar of the ACA is Obama care plans that provide affordable insurance to millions of people who previously had no coverage. Over 20 million Americans…
Read MoreUseful Things to Know as a Motorhome Owner
There are lots of perks to being a motorhome owner, and if you’re someone who loves to spend your holidays in areas of natural beauty, then purchasing one might be something you are considering. Not only are they great for extended trips, but they are ideal for weekend excursions as well. You can go to places that are a bit more remote, provided there is a decent road to get there, or park up at a campsite on the coast or in the countryside and enjoy the company of other…
Read MoreLooking to Buy a Select Home Warranty – What Should You Look For?
A home is more than a building; people require several amenities to make a house inhabitable. Everything from air conditioners to refrigerators is an essential appliance in a home, which improves the quality of life. But like all machines and electronic devices, these appliances are subject to malfunctioning or breaking down. Some of these appliances are integral to the home like the intercom, garbage disposal, etc. All electronic home appliances come with a warranty period, but most warranties expire after ten years. People moving into fully-furnished buildings that are older…
Read MoreThe Importance of Event Insurance: What the Pandemic Has Taught Us
The pandemic has completely disrupted the lives of people across the planet. It has destroyed lives and businesses and forced the rest of us to adapt to a new way of life. The situation we are in has been a wake-up call for many of us on a wide variety of issues and have changed the way most people view event insurance. Many have been fundamentally changed by their experiences during this period. Among the many lessons have been things like appreciating the small freedoms that have temporarily been lost…
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