What is a Peril on Homeowners Insurance?
Posted: August 26, 2024
While you may be familiar with the obvious need for homeowners' insurance, the finer details and definitions of your coverage may be less clear. Take insurance peril, for example. Even long-time policyholders may be unfamiliar with the term or confused with other concepts. So, what are perils, how are they related to risks or hazards, and why are they important to understand? What Does Peril...
Know Your Health Insurance Coverage Options as a Young Adult
Posted: August 25, 2024
Health insurance is a significant consideration for young adults transitioning from their parent’s plan. It provides financial protection against unexpected medical expenses. Common misconceptions include thinking they’re healthy enough not to need coverage or underestimating potential costs without insurance. It is advisable to shop for coverage based on individual needs and budgets and compare plans for premiums, deductibles, and coverage limits. With a solid understanding...
5 Common Reasons People Are Denied Life Insurance
Posted: August 22, 2024
Life insurance offers financial security, covering expenses and providing for loved ones after one’s passing. However, not everyone is approved for life insurance. Common reasons for denial include pre-existing medical conditions, high-risk occupations, and hazardous hobbies. Additionally, a history of substance abuse or severe health issues can also lead to denial. Understanding these factors can help applicants address potential problems and improve their chances of...
5 Ways to Avoid Parking Lot Accidents
Posted: August 22, 2024
Parking lots can be treacherous territory. In fact, tens of thousands of crashes and hundreds of deaths occur each year in parking lots, according to the National Safety Council. The good news is that your auto policy extends to parking lots. Just check in with your local agent to make sure your coverage limits provide you with optimal protection for the range of potential parking lot...
Quiz: How Do You Know if a Long-Term Care Policy is Right for You?
Posted: August 21, 2024
Even though it’s not something we like to think about, long-term care may be necessary at some point in your life. Maybe you have a heart attack, stroke, or bad accident and need care suddenly, or maybe you develop a chronic illness as you get older. Private health insurance or Medicare may not pay for the long-term services you or your loved ones require. That’s...