Are you interested in getting an indexed universal life insurance policy (IUL), but want to know more about it? Here are questions you likely have about this life insurance product that can also act as an investment. What Exactly Is an Indexed Universal Life Insurance Policy? An IUL policy is also known as a cash value form of life insurance, and it also provides a death benefit to family members. What it means to have a cash value policy is that the policy will increase in value as you continue to pay your premiums over the years, and you can access that money during your lifetime by taking withdrawals.
16 December 2021
The state expects every car owner to have auto insurance with set minimal protection. However, purchasing the right auto insurance requires research and analysis. The following tips can ease the process of buying auto insurance coverage. Understand Auto Insurance Components There are different components of auto insurance coverage. Thus, one has to familiarize themselves with each type of coverage and its protection. The following are the core types of auto insurance policies:
3 December 2021
If you're on Medicare for health insurance, you may benefit from a Medicare Advantage plan to cover you rather than keeping original Medicare. Many Medicare Advantage plans offer additional coverage and benefits that original Medicare doesn't offer. Part A and Part B Original Medicare includes Part A, which is hospital insurance, and Part B, which is the medical insurance portion of the plan. If you have original Medicare, you can purchase supplemental coverage, such as Medigap insurance, or use other insurance, such as Medicaid or insurance through a former employer, to help cover out-of-pocket costs that Part A and Part B don't cover.
8 November 2021
Car insurance endorsements are additional coverages that you add to your base policy. These are modifications that personalize your auto insurance coverage to fit your specific needs and fill in gaps in your base policy. Modified Car Coverage If you take your vehicle and modify it outside of normal repairs, you will likely need to purchase modified car coverage. For example, if you add an expensive stereo to your vehicle or add performance updates to it, you will want to get this coverage.
6 October 2021
If you have finally bought your own home, the next critical step now is to protect your home by purchasing homeowners' insurance. But if this is your first time, chances are you have multiple questions about the amount of insurance you need. Here are four important questions to guide you before buying home insurance. How Much Would You Pay to Rebuild Your Home If It Was Completely Damaged? While this isn't the most pleasant question to ask yourself after you have just bought a new house, it's absolutely necessary.
27 August 2021
