Mortgage protection insurance is designed to cover yourhome loan repaymentsif you cannot work. Like otherinsurance products, the mortgage holder pays a premium at the start of the mortgage and makes regular payments over its full term. For example, if you are made redundant, have unforeseen heal...
Parties considered responsible for the crisis include banks, investment banking firms, insurance companies, lenders and credit rating agencies. Before the CFPB existed, consumer protection responsibilities fell under seven different federal agencies. The CFPB brings all aspects under a single director who ...
Mortgage protection insurance (MPI)is a type of life insurance that pays off your mortgage when you die; some policies do the same if you become unemployed or disabled. How much does PMI cost? The average monthly cost of PMI is 0.46 percent to 1.5 percent of the loan amount, according to...
economy – is an important topic for a potential consumer protection attorney to study. Numerous federal and state laws in the U.S. are designed to protect consumers from unscrupulous companies, ensure that customers get the products or services they pay for and punish false ad...
Gap insurance is an optional auto insurance coverage that helps pay your car loan if your car is lost or stolen and you owe more than the vehicle is worth.
Protect Advantage Insurance is the flexibility it provides. You can choose the level of coverage and the duration of the policy based on your specific needs and circumstances. This allows you to tailor the insurance to your unique situation, ensuring you have the right protection at the right ...
A life insurance policy is only as good as the financial strength of the life insurance company that issues it. Investopedia / Theresa Chiechi Types of Life Insurance Many different types of life insurance are available to meet all sorts of consumer needs and preferences. Depending on the short...
Medical payment (MedPay): In Maine, New Hampshire and Pennsylvania, drivers must have MedPay, which is similar to PIP but considerably more limited. Property Protection Insurance (PPI): Michigan requires drivers to have $1 million of PPI coverage to pay for damage to "tangible property," such...
In the realm of insurance, exposure refers to the potential risk that a policyholder or insurer faces, which could result in financial loss or liability. It is the extent to which an individual or organization is vulnerable to adverse events or circumstances that may result in a claim against ...
You likely know that the Federal Deposit Insurance Corporation (FDIC) insures bank deposits, but what if you use a credit union? Don’t worry—your money is still insured by the National Credit Union Administration (NCUA), an independent federal agency regulating credit unions. And the best ne...