The correct way Senior citizens Can find the very best Insurance Policy While selecting the most appropriate life insurance product is important at any age, it is particularly important for seniors. Term life will come with lower premiums, but not with a cash-building feature. A permanent life policy will be in effect for the lifetime of the insured, but the premiums may well be more expensive.The key to senior term life is to make sure...more
Information About Insurance in Califon, NJ Residents of Califon, NJ are required by the law to have three different kinds of auto insurance to legally operate a vehicle. All residents of New Jersey must have liability insurance. In addition, they must have personal injury coverage as well as coverage fro uninsured motorists. Failure to carry this insurance can cause you to have fines that can range up to 15,000 dollars. In addition, your...more
Find The Best Trip Cancellation Insurance For You - 5 Tips Traveling is always safer and more fun when you are backed by travel insurance. Insurance is and always has been mostly about buying peace of mind before engaging in certain activities, like driving or traveling.Typical insurance policies cover all of the expected things that can happen . . . well . . . unexpectedly while you are away, including: trip cancellations (by the carrier or tour agency), lost baggage, and medical expenses.However, there is another type of coverage that is less commonly-purchased than all of these, and yet that some types of travelers prefer to buy: trip cancellation insurance that allows the traveler (rather than the carrier/agency) to cancel the trip for any reason before they embark.If you are looking for the best trip cancellation insurance for you, here are 5 tips for landing yourself the best policy:1. Determine what type of standard insurance coverage you will need:Before buying your cancel-for-any-reason insurance policy, decide what other types of standard coverage you will need. For example, if you are going by plane, consider lost luggage insurance. If you are going to be in risky...more
The Basics of Motorcycle Insurance For millions of riders, the motorcycle represents a means to freedom. The open road and the feel of wind on one's face is as close as modern man can get to a truly individual mode of transportation. Unfortunately the modern world imposes restrictions on almost everything we do. Among those...more
All about Bodily Injury on Insurance Rates In order to operate a vehicle on a public road, you are required by law to have at the very least liability insurance. Much of a premium's cost comes from this coverage. By having a higher deductible, you can reduce your premiums, but you risk paying a lot more should you ever be at fault in an...more
Everything to Know about Insurance Premiums Almost everyone has heard the term "insurance premium" and the vast majority of Americans make regular premium payments to one insurance company or another. But many people have no real understanding of what exactly a premium entails. Here is a brief explanation of the process.An insurance premium is basically the amount a person pays for a certain level of insurance coverage. Insurance companies base their premium calculations on several factors that make up a business model. This model takes into consideration all of the factors that affect the likelihood of a claim being filed on a specific type of insurance. The end goal is a determination that protects the company while providing the lowest rates possible in order to attract clients.Underwriting ProcessThe underwriting process is what determines the majority of a premiums cost. It is also the most complicated step. Specialized professionals called actuaries, who are trained in determining risk, analyze a great number of factors that are likely to play a role in claims. Depending on the type of insurance, factors such as location, age, health, education,...more
Apartment Building Insurance-NCAIG The National Condo & Apartment Insurance Group is here to provide you with the best possible insurance products for your Real Estate Insurance needs and specialize in products that protect your investments in...more
Small Business Insurance:"Policies For This, Policies For That. As If I Haven't Got Enough To Think About." It's there somewhere on your master check list. You know you need to do something about it. But somehow, with all the...more
Professional Indemnity Insurance:Yes, you can cut costs without cutting corners You know what they say - if it sounds too good to be true, it probably is. A sound maxim most of the time. But not necessarily when it comes to professional...more
Professional Indemnity Insurance: Can You Explain It To Me Without The Jargon? Imagine that you make a mistake, you get something wrong, or you forget to do something you should have done (and however conscientious you might be, you can't...more
How Much Tuition Insurance Do I Need? The hefty costs and responsibilities a college career brings from tuition and student loans to textbooks and that midnight pizza habit are widely known by parents and students alike. Parents searching for...more
Generally, medical practitioners are encouraged to purchase malpractice insurance to protect them against liability in case a client decides to sue them for malpractice. Medical professionals while carrying out their professional tasks may have...more