Understanding The Main Life Insurance Classifications
Posted: February 7, 2020
Understanding The Main Life Insurance ClassificationsLife insurance companies use a system of classification to determine an individual’s state of health, based on a series of factors pertaining to that person. Your classification can affect how much life insurance coverage you can get at each price point. Healthy people get more favorable classifications and lower rates. If you have health issues, that will be reflected in your life insurance premiums. The...
Understanding The Difference: Standard Auto Insurance Vs. ATV Insurance
Posted: February 1, 2020
Understanding The Difference: Standard Auto Insurance Vs. ATV InsuranceAll-terrain vehicles come with risks, and they can be expensive to replace when damaged in a crash. If you have an ATV, you won’t be able to rely on your car insurance to protect you. ATVs are not covered by standard auto insurance policies. Also, ATV insurance may be required by law if you ride in certain areas, such as state parks. On the upside,...
Is Graded Death Benefit Life Insurance Worth The Cost?
Posted: January 22, 2020
Is Graded Death Benefit Life Insurance Worth The Cost?Graded death benefit insurance has important advantages for certain people. It may be worth the cost if you want the protection of permanent life insurance coverage, but may not qualify for another permanent life insurance plan because of health issues. What Is Graded Death Benefit Insurance? Graded death benefit insurance is permanent, as opposed to term life insurance. What makes it different from standard permanent...
How Is Condo Insurance Different From Homeowners Insurance?
Posted: January 16, 2020
How Is Condo Insurance Different From Homeowners Insurance?Whether the space you live in is a condo or a house, if you own your own home, you need insurance. Property owners are responsible not only for what happens to their property, but also for what happens to visitors on the premises. However, a condo is not the same type of structure as a house, and there are key differences between homeowners insurance and...
Do I Need To Update My Life Insurance Policy If I Get A More Dangerous Job?
Posted: January 7, 2020
Do I Need To Update My Life Insurance Policy If I Get A More Dangerous Job?On-the-job injuries happen in every industry. Even office workers can be hurt in trip or slip and fall or other types of work-related accidents. But some occupations are more hazardous than others. If you have recently begun a more dangerous job, you probably need to update your life insurance policy. What Makes A Job More Dangerous? Occupations are generally considered to be more hazardous when...