Whether it's safeguarding your health, home, car or personal belongings, having the right insurance coverage can offer you peace of mind and financial protection against unforeseeable events. Learn about different types of insurance and how they can protect you and your assets from unexpected risks....
Tax deduction is one of thebenefits of health insurance. Familiarise yourself with how your reimbursement may impact your taxes. Understand that certain reimbursements may be taxable while others may not. Hence, it’s important to make informed financial decisions by considering tax considerations. Man...
the loss would not generally be covered by fire insurance. The same would be true of something accidentally thrown into a fireplace. Similarly, courts generally do not provide coverage for damage caused by the soot or smoke of fire which comes from a friendly confine. ...
Term life is the most common type of life insurance, but it can only last for a specific number of years, particularly 10-30 years. However, rates are low. Other types of life insurance, known as whole or permanent life, will last an entire lifetime but generally cost more. Read on ...
With an HO-5 policy, your home and your personal items are both covered on an open perils basis. Some common exclusions include: Earth movement Government actions or laws Infestation of birds, rodents or insects Intentional loss Mechanical breakdown ...
Before you buy, read the fine print. Many plans require a three-month waiting period before the coverage kicks in, provide a maximum of three years' worth of coverage, and have significant policy exclusions. 4. Auto Insurance Despite years of improvements in auto safety, an estimated 31,785...
Your policy is subjected to terms and conditions & inclusions and exclusions mentioned in your policy wording. Please go through the documents carefully. Other Topics Marine Insurance Clauses Warranties in Marine Insurance Types of Marine Losses Principles of Marine Insurance Endorsement Meani...
A discount or referral dental plan offers you a discount on dental services from a select group of dentists. Unlike health insurance, this type of plan doesn’t pay anything for your care. Rather, the dentists who participate agree to give you a discount for the care you receive. These pla...
These policies generally have specific terms describing the limitations of the insured events. Thistype of insurance is different from general insurance, where the amount paid is proportional to the damage or losses incurred. For example, some specific exclusions that limit the liability of the insure...
Health Savings Accounts (HSAs) An HSA is a triple-tax-advantaged savings account, with roots in medical insurance. It also may act as a useful long-term savings account. Since many of the benefits of an HSA are wrapped up in taxes, you’ll want to check with your personal tax advisor...