Association Master Policy There are two main areas to focus on. First, like all insurance policies, your Association’s Master Policy will contain a deductible (which varies depending on the Association). When a loss occurs, the Association can pass that deductible on to impacted unit owners, ...
Therefore, the understanding of medical malpractice liability coverage is lacking among most new physicians. New otolaryngologists recognize the importance of malpractice insurance because the cost of defending a single medical malpractice claim would likely far exceed the annual premium for liability ...
Understanding the four primary types of car rental insurance can help you make an informed decision and ensure you’re adequately covered during your rental period. Collision Damage Waiver (CDW) Often referred to as a Loss Damage Waiver (LDW), this isn’t exactly an insurance policy but rather...
With agreed-value insurance, you're guaranteed to receive the value listed on your insurance policy. If you own a classic or collector car, this could mean a big difference in your total payout. Written by humans. Edited by humans.
The thought of reading an insurance policy is unlikely to excite most homeowners. Understanding an insurance policy is probably even farther off the…
When it comes to being able to recognize and handle difficult life events, insurance is crucial to your success. Learn about the intricacies of insurance.
Life insurance comes in two basic forms: term & permanent. Term insurance provides basic affordable coverage for a set period, while permanent plans provide greater flexibility and a cash value option.
Life insurance provides peace of mind, but it can also provide more. Learn about life insurance policy benefits beyond the death benefit. Accelerated or “Living” Benefits1─The primary purpose of life insurance is to provide death benefit protection. But many policies allow you to tap into the...
You Can’t Afford Your Policy’s Annual Premium Don’t let a life insurance policy lapsebecause you can’t afford the payment. With apremium loan, the policy can stay in effect as long as thedeath benefitis greater than the amount of the loan. This is because the value of the death ...
If you are in a car accident, an insurance company may suggest that the auto mechanic use aftermarket parts rather than OEM parts to repair the vehicle. Depending on the language of the auto policy, allowing the repair shop to use aftermarket parts instead of OEM parts may allow the insurer...