Smart Ways To Utilize Whole Life Insurance
Whole life insurance is designed to both be a protection against unexpected death and a way to save for senior-year expenses. If you're purchasing a whole life insurance policy, here are some smart ways to utilize a policy so that you can take advantage of each of these features. Save For Retirement Through Multiple Accounts As helpful as a whole life insurance policy can be when you're saving for retirement, you shouldn't put all your savings into a whole life policy.
Less Common Types Of Commercial Insurance
Commercial insurance is used to insure all sorts of businesses, and some of those businesses are less common ones that have particular needs. In order to meet these businesses' particular needs, insurers offer a variety of commercial insurance policies that aren't necessarily common but are extremely useful in certain situations. CBD Commercial Insurance CBD commercial insurance policies are a relatively new form of commercial insurance, and the broad category itself encompasses an array of different insurance policies that various businesses in the CBD industry might need.
3 Questions To Ask When Purchasing Homeowner's Insurance
Are you buying a home? If so, you will have to purchase home insurance before you can close on the house and take possession of it. Home insurance is required by lenders, and it is a necessity for homeowners. If you don't know a lot about it, though, you might not get enough coverage on your policy. Therefore, it's essential to ask questions when buying a plan, and here are three good questions you should ask the agent.
Uninsured And Underinsured Motorist Coverage: What They Are And Why You Need Them
Statistics from 2015 reveal that approximately 13% of all people driving on the roads do not have car insurance. While some drivers may have some protection, many do not have enough coverage. If you drive a car, this means that there is a good chance that you could get into a collision with one of these individuals. According to the statistics, if you get in an accident, you have a one in eight chance that the other driver will not have any or enough insurance.
An Overview Of Named Driver Auto Insurance
For a standard auto insurance policy, the coverage applies to the owner of the policy plus permissive drivers. The permissive drivers are those who drive the car occasionally with the owner's permission. For example, the coverage would apply if your cousin causes an accident while running an errand in your car. For named auto insurance policies, however, the coverage only applies to the person whose name is on the policy. The coverage doesn't apply if anyone else causes an accident with the car.
