You might research the cost of hiring a nanny and a housekeeper or using commercial child care and cleaning services, then perhaps add money for education. Include any outstanding mortgage and retirement needs for your spouse in your life insurance calculation—especially if the spouse earns signific...
Commercial insuranceis a form of insurance for businesses, offering liability and general business risk coverage. Commercial insurance is meant to cover the business and its employees against certain risks. There are several types of commercial insurance, such as business interruption, cyber, property, ...
Sometimes referred to as business credit or commercial lending, commercial credit has to do with the ability of a business to obtain goods and services from a supplier. Business credit is extended with the understanding that the business promises to pay the supplier according to the terms and ...
Life insuranceis a contract made between an individual and an insurance company. The insured person pays a premium in exchange for the promise of a lump-sum payment, called “a death benefit”, to a designated beneficiary when the insured person dies. The term ‘beneficiary’ means the person...
What is a variable universal life insurance policy? (a) Describe the different types of whole life policies. (b) What are the advantages and disadvantages of whole life insurance? What are the four forms of whole life insurance? a. Explain the basic characteristics ...
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Buying life insurance is one way you can help protect your loved ones in case of the unexpected. For many, life insurance can provide peace of mind and a sense of financial security. Talking about life insurance can bring up difficult subjects, but choosing a policy doesn’t have to be a...
property and casualty insurance (i.e., homeowners, car, boat, renters, etc.); life insurance; health insurance; and commercial business insurance.
This is also called as CGL of commercial general liability. This may be the type of liability insurance that your business may need.The professional liability insurance however protects the business against errors, malpractice, negligence, as well as omissions. For instance, doctors need coverage to...
Is Alex Trebek a Life Insurance Shill? You might have heard about guaranteed issue life insurance from a 2018 television commercial. One from insurer Colonial Penn has "Jeopardy"host Alex Trebek advertising the company's guaranteed issue life insurance. Who doesn’t love and trust Trebek? He was...