A landlord shield or insurance is designed to cover unique risks associated with renting your property for a long period. It includes things like property damage, liability cost, along with the loss of rental income, for landlords renting out their property. Whether you are renting out a vocational home or an investment property, in the form of landlord insurance holds extreme importance. It is essential to protect your property against the financial risks associated with the renters living there. Landlord shield policies generally cover the dwellings or structures of your…
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Most Expensive Insurance in Australia
Insurance is perhaps one of those expenses you wished you could avoid. Sometimes premiums go up, and it can be painful to dish out the money without a quantifiable product given at the time. It can seem like one of those expensive necessities. Talk to your insurance broker Perth for information on insurance premiums and coverage. But is your insurance premium actually expensive? What about compared to the rest of Australia? Better yet, where in Australia is insurance – on average – the most expensive? The answer is… Northern Australia…
Read MoreCitibank hit with $18 million flood insurance penalty
A U.S. banking regulator requires the bank to pay the fine for failure to comply with coverage requirements. The Office of the Comptroller of the Currency announced this week that it was issuing a flood insurance penalty to Citibank. The bank was reprimanded for having failed to comply with mandatory flooding coverage regulations. The fine is reported to be $18 million as a result of mandatory flood coverage purchase delays. The U.S. banking regulator hit Citibank with the flood insurance penalty in response to mandatory coverage purchasing for properties where…
Read MoreHow to Host a Debt Intervention
When you hear the word “intervention,” what comes to mind? These events as portrayed on TV tend to depict a room full of family and friends waiting anxiously for an individual to enter so they can implore them to make a change. This type of scenario tends to be high pressure, perhaps even surprising the entrant so much they turn around and leave rather than face the onslaught of commentary likely to be perceived as criticism about various life choices. But did you know that financial interventions can actually be…
Read MoreA New Year and a Happy Financial Plan!
January is a peak time for most Americans to take time to reflect on their previous year and what they were able to accomplish. Sometimes it’s a good review, and sometimes it isn’t so pleasant. Care to share what things jump off the page from your 2013? If you’re like most others, the New Year also brings out the willpower for a New You! Goals are set and new habits are formed, from diets and personal life changes to maybe a career change in your professional life. In either case,…
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