Category: Insurance

The Insurance Claim Process
- Jan 03, 2022
Filing a claim for your insurance policy is essential if you want to receive the money you deserve. While the process may seem easy, you need to know that filing a claim will cause your rate to go up. Even if you later switch insurance companies, the rate hike will follow you. This is because […]
Read More
Understanding Your Insurance Policy
- Dec 01, 2021
An insurance policy is a contract between you and an insurer. In exchange for an initial payment called a premium, an insurer promises to pay out claims for losses caused by perils covered in the policy language. This is a legal contract and must be followed closely to avoid any misunderstandings or complications. Here are […]
Read More
Types of Insurance Policies
- Nov 04, 2021
Insurance is the best way of protection from potential financial loss in case of some disaster. It’s also a good type of risk management, mainly utilized to offset the danger of an unforeseeable or contingent monetary loss. Insurance companies are highly regulated by government authority to provide protection to both insurance owners and policyholders. Insurance […]
Read More
A Brief Guide to Insurance Terms
- Jul 28, 2021
Insurance is basically a way of protection against financial loss. It’s a sort of risk management, mostly utilized to mitigate the inherent risk of some future or contingent liability. For instance, if you own a home and there’s a chance of a fire, your insurance can protect your assets, while your homeowners insurance can assist […]
Read More
How Does Insurance Work?
- Jun 12, 2021
Insurance is simply a way of protection against financial loss. It’s a type of risk management, mostly utilized to mitigate the threat of an uncertain or contingent income. It is useful for individuals and businesses alike, as it serves as a method to compensate for possible losses that may occur in certain situations. Insurance policies […]
Read More
Auto Insurance Comparison Tips
- Jun 02, 2021
Insurance is a way of protection from potential financial loss due to unexpected events. In simple terms, it is a sort of financial risk management, mainly utilized to mitigate the danger of an uncertain or unforeseeable future event. Almost all people can benefit from having some kind of insurance policy, since accidents and damages do […]
Read More
Types of Insurance
- Jan 05, 2021
Insurance is simply a way of protection against potential financial loss. It’s a type of risk management, mostly used to offset the risk of an unpredictable or contingent monetary loss. Insurance comes in several forms including life insurance, health insurance, disability insurance, annuities, merchant shipping, and many others. Since there are a wide variety of […]
Read More
An Introduction To Insurance
- Dec 25, 2020
Insurance is simply a way of protection against financial loss through a process of investment. It’s a kind of pure risk management, mostly used to offset the risk of an uncertain or contingent future financial obligation. The various types of insurance are life insurance, automobile insurance, health insurance, renters insurance and many others. Insurance, when […]
Read More
What a Marine Insurance Policy Covers
- Dec 18, 2020
Insurance is basically a way of protection against financial loss. It’s a form of asset management, mostly utilized to mitigate the risk of an uncertain or non-recovered future expense. It basically deals with insurance policies that are designed to reimburse you for expenses that happen as a result of acts of God, war, terrorism, flood, […]
Read More
Understand Your Auto Insurance Coverage
- Oct 01, 2020
Auto insurance is basically a contract with the insurance provider that pays you for financial protection in case of a loss or damage to your car. Understanding the ins and outs of auto insurance can save you money in the long run. Auto insurance is usually a required service from most car owners, but there […]
Read More