Uninsured/Underinsured Motorist Coverage Uninsured motorist insurance covers you in an accident with an uninsured driver, while underinsured motorist insurance reimburses you if the at-fault driver's policy is inadequate to cover your injuries or vehicle damages. UM and UIM usually pay for your medica...
Although it looks similar to a bill, an explanation of benefits comes directly from your insurance company and is not a request for payment. Instead, the EOB helps explain recent claims made through your policy, shows you how much was paid by your plan, and confirms how much you still owe...
When you need to file a claim on your policy, you will need to write a claims request letter to the insurer. The letter will explain the circumstances of your claim and how you complied with the terms outlined in the policy. The request letter should contain as many details about the inc...
Disclaimer:The information contained in this article serves as a general overview of benefits and should only be used for informational purposes. Refer to your individual certificate of insurance for specific coverages, exclusions and benefits. When in doubt, please contact one of our licensed agents...
An insurance agent’s job is to show you that their policy holds up to the one you’re asking them to match. They should explain the reasoning behind any price differences regarding your premiums, differences in coverage limits between their policy and another policy, and all of the...
How to Fix Disability InsuranceScott Winship Spring 2015 In late 2016, right around the time we elect the 45th president of the United States, we are due for our first entitlement crisis in two decades. That's when the actuaries in the Social Security Administration project that the ...
Click here to start selling with Shopify Whether you host occasional pop-up shops or run a thriving ecommerce store, the right retail insurance helps your business run smoothly. Here, we’ll demystify retail store insurance, outline its key components, and explain why it’s essential for ever...
The probability of accidents during international transportation is very high. That’s where the importance of cargo insurance comes in. Today’s post will explain detailed information about cargo insurance. Let’s take a look. What is cargo insurance?
We explain what matters most to consumers, experts and professional reviewers when it comes to homeowners insurance. Then we provide an unbiased evaluation of homeowners insurance products. Our goal is to empower consumers with the information and tools they need to make informed decisions. More info...
4. Dividends: Some whole life insurance policies are eligible for dividends, which are a portion of the insurance company’s profits. Dividends can be used to increase the cash value or provide additional death benefit coverage. 5. Policy Loans and Withdrawals: Borrowing against the cash value ...