Insurance Archive

 Life insurance is not designed to cover suicide, but on specific occasions, insurers would distribute death benefits in cases where the insured commits suicide. With the suicide exclusion clause an insurer would not be obligated …

Permanent insurance or term which is better? Well let’s look at both first and discuss the pros and cons Permanent life insuranceLife insurance coverage for which the policyholder pays an annual premium, generally for the …

Want to save money on your home insurance premiums without making any sacrifices in your coverage? If your current deductible is less than $500, you can lower your premium rate by raising it to an …

Everyone should know what a “pre-existing condition” is and how it will affect them when it comes to obtaining health insurance. The definition of a “pre-existing condition” is exactly what it sounds like. A health …

Insurance for your home can cost a little or a lot depending on a variety of factors. These can include the type of home being insured, the amount of coverage selected and the types of …

Renter’s insurance is often totally overlooked as tenants make the totally wrong assumption that the home they rent will be insured by the landlord.  The actual coverage provided by renter’s insurance is surprising, covering the theft of …

The only way to get peace of mind is to get insurance. That’s renters insurance if you’re renting, to protect yourself against many unexpected accidents that are impossible to plan for. Insurance is the one …

One of the benefits of getting a cheap car insurance is that it can help the car owner minimize expenses when it comes to his/her vehicle. Nowadays, the demand for affordable auto insurance rates is …

INSURANCE AND TIME PASSAGES Time passagesThere’s something back there that you left behindAl Stewart in Time Passages’ Harmonizing insurance coverage to life’s time passages means working with the clientthroughout the life cycle. What we are …

It’s your responsibility as a homeowner to maintain safe conditions in and around your property. If someone is injured due to a hazardous situation in your house, you will be held accountable and could face …

Lord Cairns, In Simpson VS Thompson, defined subrogation as :”A right founded on the well-known principle of law that where one person has agreed to indemnify another he will, on making good the indemnity, be …

Cancellation and non-renewal of insurance policies have both similar and dissimilar consequences. The application of these concepts also differs according to the type of life insurance considered. A policy is cancelled when coverage ceases due …

Whole life insurance is one aspect of permanent life insurance. ‘Whole life’ is derived from its duration until the death of the insured once it remains in force. In most cases, a whole life policy …

It makes sound financial sense to take out life insurance, especially if you have a family. You may be young and healthy, but nobody knows what’s around the corner, and you have a duty to …

The purpose of most short term insurance is to provide protection against a loss. Life insurance provides cover for parties that have a direct interest in you against death. Medical insurance provides finance to allow …

Coming from a family of modern nomads, one of the first adages I remember my mother coming out with was “If you cannot afford travel insurance, you cannot afford to travel”. I’m very thankful I’ve …

Your insurance company does not expect you to know all of your coverage all of the time. That is why they employ professional adjusters to review coverage, make a determination, and then explain the coverage …

Online sites have afforded consumers a much simpler way of shopping for auto insurance. In- stead of going from office to office collecting information, a person can access an online site. In many cases, providing …

Funeral insurance is marketed as a way to pre-pay your funeral expenses in order to “save your loved ones” from the cost of your funeral. From a money perspective, buying funeral insurance makes no sense. …

Buying insurance is something most people do in the process of buying a home. Many people tend to shop by price rather than coverage. While some might be satisfied with the least expensive coverage they …

Insurance can be defined as prudent when the financial harm caused by a particular event would be more damaging to you than the regular cost of the premiums. This harm may be to the person …

Simply coming to terms with the necessity of having a life insurance policy may be the toughest part of acquiring the coverage. Especially during a recession, it’s easy to dismiss the idea as too expensive …

The difficulty with insurance is that people really don’t understand their own coverage. So many travellers feel that their health insurance policy at home will cover them while they are abroad. Alternatively, people sometimes believe …

When it comes to planning for unexpected health care costs, most people have three options: Flexible Spending Accounts (FSAs), Health Savings Accounts (HSAs) and garden-variety health insurance. Some families opt for one over the other, …

The answer depends on who you are. Thanks genius, real helpful advice. But wait, before you click the “Back” button on your browser, take a moment to recognize that buying or not buying catastrophic health …

People that own their own home pay for a homeowners insurance policy and may need to make a change during the policy term. Requesting a change to a homeowners policy can be done over the …

Variable life insurance annuities are investment vehicles that offer owners the flexibility to protect their loved ones in the event of their death, and at the same time, make a long-term investment for their future. …

Insurance is something we all carry “in case of”. For example, in case of an accident, drivers car insurance, incase of damage homeowners carry homeowners insurance, and in case of disaster, theft or neglect all …

Sometimes there are things we do for our family that we don’t necessarily enjoy doing, but we do so anyway because we love our family members dearly. None of us enjoy writing a will because …

Detroit, Michigan, known as the car capital of the world, has the distinction of being the most expensive city for car insurance. Following is a list of the top five cities where car insurance is …