The purpose of collision coverage in a motor vehicle insurance policy is to shift the financial cost of repairing or replacing a vehicle from the owner or lessee of a car to an insurance company. Like other forms of insurance, it is a method of shifting risk that would otherwise be on the owner or [...]
I’m writing this and other articles about automobile insurance for readers who, for some reason, have not previously dealt with car insurance. This may include recent graduates who have been insured on family cars while living at home. I’m also writing it for people who have auto insurance but are still confused about it. And [...]
[fusion_builder_container hundred_percent="yes" overflow="visible"][fusion_builder_row][fusion_builder_column type="1_1" background_position="left top" background_color="" border_size="" border_color="" border_style="solid" spacing="yes" background_image="" background_repeat="no-repeat" padding="" margin_top="0px" margin_bottom="0px" class="" id="" animation_type="" animation_speed="0.3" animation_direction="left" hide_on_mobile="no" center_content="no" min_height="none"] Senior Couple Sitting On Sofa Using Digital Tablet In several other articles, we talked about pros and cons of life insurance for kids. But there is another demographic that should [...]
The Institute of Risk Management defines “cyber risk” as any risk of financial loss, disruption or damage to the reputation of an organization from some sort of failure of its information technology systems. As the National Association of Insurance Commissioners has pointed out, problems have grown as individuals have become more reliant on electronic communications. [...]
The main purpose of life insurance is to provide financial protection or economic security for the survivors of the individual insured by the life insurance policy. However, the need for that protection varies based upon circumstances. A simple example is that a single person with no dependents may think that life insurance is an unnecessary [...]
In previous articles, I wrote about life insurance for children. In planning those articles, I assumed that everybody knew what life insurance was, what life insurance was for, what kinds of life insurance existed, who needs life insurance and when, how it was priced, how to buy it, and related issues. Boy, was I wrong. [...]
I might be biased, but I really think everybody needs life insurance at some point in life. But I also try to be realistic and recognize that not everyone shares my bias, at least to the same degree. There may also be real or perceived financial constraints preventing the buying life insurance; however, ultimately, the [...]