Financial advisors often network with centers of influence, or COI, which include insurance professionals, certified public accountants, estate and tax attorneys, business valuation specialists and others who can answer technical questions about client issues. They may also have a close circle of these...
Once you have been cited for not having auto insurance, you may also find that thecost of car insurance— which you’ll have to buy to get your license reinstated or your car out of the impound lot — is higher than if you had a policy all along, because insurance companies may view...
you can do so starting 30 days before the maturity date and your CD will be renewed on the maturity date. Please note that if you contact Discover via phone or through the Secure Message Center to renew your CD for the same amount and term, the agent will simply allow the CD to auto-...
“Maybe you’ve got a mortgage that you’re trying to make sure is covered in the event of your untimely death. Or maybe it comes down to cash flow and the death benefit,” says Jolly. “If you can’t afford the premium on permanent life insurance, then I think term insurance solves...
In some rare cases, a policy may benon-renewed, which means your insurance company is canceling your coverage after your current policy ends. You'll need to look for a new insurance carrier before your current policy is over—whether you want to or not. Most drivers won’t have to worry...
The total amount paid can be more expensive:Leases typically include administrative fees, interest, and title insurance premiums paid to the leasing business. As a result, the expense can be higher than for purchasing the product. No ownership rights even if used for a long period:A customer ...
unemploymentthat takes place during a recession. At the same time, the renewed vigor in the marketplace helps to restore consumer confidence, making it more likely for consumers to buy moregoods and services. When monitored closely, a carefully crafted plan will restore a measure of stability to...
Term life insurance is attractive toyoung people with children. Parents can obtain substantial coverage for a low cost, and if the insured dies while the policy is in effect, the family can rely on the death benefit to replace lost income. ...
Judgments can remain valid for many years and be renewed if they expire. If the person's financial situation improves in the meantime, they may have to pay their debt. Understanding Judgment Proof While the law can vary from state to state, in general, a person must meet two criteria to ...
No, cyclical unemployment is not usually a long-term phenomenon. However, if a recession is particularly severe, cyclical unemployment can last for a few years. Typically, once fiscal and monetary stimulus have been injected into an economy, cyclical unemployment tends to decrease....