Insurance Analysis
Highly qualified and experienced insurance industry consultants
Term Life – Advantages And Disadvantages Of Term Life Insurance
There are advantages to buying term life insurance as well as disadvantages. Let us look at both sides of the coin and see whether this policy is good for you or not. You make the decision.
- Advantages
When you buy a term policy you are buying death benefit. Think of this as a purchase of money. Money for your loved ones after you are dead. This money will pay the funeral expenses. It will make the mortgage payments when you are no longer there to take care of it yourself…
In addition your term life policy will guarantee that food is always on the table for your spouse and children, it will guarantee that they will continue to wear nice clothing.
Business Life Insurance – About Business Types And Their Life Insurance Needs
Business Life Insurance. As a small business owner you had a dream to own and successfully operate your own business. After the ups and downs and a tough learning process you experience these dreams develop into an extremely profitable enterprise. Your desire is to see the success continue. How do you guarantee this? What actions do you need to take to assure this reality? What key aspects of your business do you need to take a serious look at? It all boils down to proper planning. Success Planning
It takes a unique type of person to make a business successful and to effectively assure its continuation. Planning for death, retirement or disability are things we just must take the time to do.
The History of Mercury Insurance and Its Controversies
Mercury Insurance has been the center of controversy over the past few years for its connection with a California auto insurance measure that could force a surge for customers who allow their coverage to lapse.
It may seem like Mercury came out of nowhere and suddenly began having a huge impact on California auto insurance. In truth, however, Mercury Insurance and its owner have been around for some time.
The History of Mercury Insurance
Mercury Insurance was founded by George Joseph in 1961.
Know Your Commercial Business Insurance
Business insurance can be a tricky road to drive when it comes to choosing the coverage that your business will need to stay protected and healthy. This is where knowledge of commercial business insurance is needed in order to protect your business. One of the things that may not be understood is how this would affect the small business. Small businesses need the same protection that bigger business does. However there is a separation of legality in regards to the fundamentally different types of insurance. One would be required by law while the other may not be.
This is where it pays to know the difference between the . Read more…
Informed consumers can save money on home insurance
Asking the right questions can go a long way toward obtaining the best home insurance coverage and the best price, the Insurance Information Institute (I.I.I.) said in a recent report.
According to the I.I.I., being an informed insurance consumer involved both scrutinizing your current home insurance policy and also seeking out answers after a thorough examination.
Besides knowing the basics of what a standard homeowners insurance policy covers, consumers should ask a series of questions, and receive satisfactory answers to each of them, before buying a new policy, or renewing an existing one, Michael Barry, Vice President of Media Relations at the I.I.I., said in a statement.
In the report, the I.I.I.
30 Year Term Life Insurance
If you like term life insurance and desire to keep it for a long time 30 year term life insurance affords your family financial security for a guaranteed period of 30 years or, in some cases, more than that period of time. I will explain this later on this page. Surprisingly…the premiums are considerably lower than those of most life insurance policies.
When an insured dies the full face amount of the policy, or an income derived from the face amount of this policy, is paid out to the beneficiaries. If you have ever seen the devastation which overcomes a family when the breadwinner dies you will appreciate the value of a life insurance policy like the 30 year term life insurance policy we are discussing.
Hurricane Irene puts home insurance under the magnifying glass
The aftermath of Hurricane Irene brings wide-ranging implications, and damages to the home caused by hurricane-fueled storms – and the home insurance considerations that go along with it – are some of the most major concerns (other than the most serious of concerns) for homeowners across the U.S.
When it comes to natural disasters and home insurance, knowing the proverbial fine print of an individual insurance policy can be of the utmost importance.
Some homeowners in coastal states may opt to purchase separate hurricane insurance policies, but for those who don’t it’s important to understand the details of a given home insurance policy.
What is covered, what isn’t
According to the Insurance Information Institute (I.I.I.), standard home insurance policies typically do offer protection against wind damage sustained by severe storms such as hurricanes. Standard
Different Types of Rental Car Insurance
Ive written about car insurance for rental cars before, but it seems to be all over the headlines today so I thought I would revisit this topic. Whether or not to add the car rental companys car insurance is one of the biggest stressors you will face at the car rental counter. The best advice, according to Fox News Jonathan Weinberg, is to do your research before standing at that rental counter. It is very possible that your personal car insurance policy or even the credit card with which you rented your car will cover you in the case of an accident. Weinbergs article, Secrets to unraveling car rental insurance, offers some pointers.
The first thing you should do is check with your own car insurance company and see if the coverage you already pay for includes rental car insurance. Keep in mind that you may have added expenses with your own company if you do actually need to use their car insurance. Youll have to go through the claims process, pay your deductible, and your car insurance rates could increase. Many credit card companies offer the perk of car insurance coverage for your rental cars. This is another case where you really need to do your research up front and see what they cover. Some exclude SUVs and vans, others only offer secondary coverage meaning that they only pay for what your primary coverage does not. You may even be charged a deductible.
Its important to make sure that you have liability coverage as well, especially in case you get into a bad car accident with another vehicle. Credit card car insurance does not cover liability in the United States. Car insurance through your rental car company offers basic liability coverage, but you have to pay more for supplemental coverage which youd need in the case of a major accident. Your personal car insurance policy will likely cover liability as long as that is part of your overall policy. While you will not be getting cheap car insurance if you purchase through the rental car company, you can rest assured that you will be covered and wont have to worry about extra paperwork filing claims and paying for deductibles. Weigh the benefits and see what coverage is best for you when renting a car.