The nation’s biggest flood insurance provider, the National Flood Insurance Program, defines flooding as “an excess of water on land that is normally dry.” [1] Flood insurance covers scenarios such as: A river, lake or bay that overflows its banks. A hurricane storm surge. A heavy ...
Stop loss insurance, also known as excess loss insurance, is a specialized form of coverage that protects businesses, particularly self-insured employers, from large and catastrophic healthcare claims. It provides a crucial layer of financial protection by limiting the amount that a business has to ...
Invasion of privacy Malicious prosecution Wrongful eviction or entry What is the difference between umbrella insurance and excess liability insurance? Both umbrella insurance and excess liability insurance aim to provide additional insurance coverage over your base policies, but they do so in different way...
A pet insurance deductible is the amount of vet expenses you need to pay before you’re eligible for reimbursement. So if you have a $500 deductible and your dog needs only $200 worth of treatment in a given year, your insurer wouldn’t reimburse you for any of it. Most companies charg...
The realized short-term capital loss of your Beta stock can be used first to offset the short-term capital gains realized on the sale of your Acme stock. Then, any excess can be used to offset up to $3,000 of your ordinary taxable income ($1,500 for those who are married filing sep...
Loss ratio is the losses an insurer incurs due to paid claims as a percentage of premiums earned. A high loss ratio can be an indicator of financial distress, especially for a property or casualty insurance company. Insurers will calculate their combined ratios, which include the loss ratio and...
Home Insurance How Homeowners Insurance Works Ahomeowners insurance policyusually covers four kinds of incidents on the insured property: interior damage, exterior damage, loss or damage of personal assets/belongings, and injury that occurs while on the property. When a claim is made on any of the...
Rapidly dropping pounds is associated with a loss of muscle mass and other undesirable effects—including looking older.
Small business insurance can help protect small-business owners against any potential claims against their company.
A tax-free savings account, or TFSA, is a government-registered account that you can use to save a certain amount of money each year without paying taxes on any earnings, such as interest. To open a TFSA, you must have a valid Social Insurance Number (SIN) and be at least 18 years ...