[ad_1] Accidental death and dismemberment (AD&D) insurance provides additional coverage in the event of accidental death or dismemberment, and is often purchased as a rider on a life insurance policy. The policy includes exclusions and pays varying amounts for dismemberment. It can be useful for those with dependents or outstanding debts, but may not be […]
[ad_1] Young driver insurance provides coverage for inexperienced drivers, who are considered high-risk by insurance companies. Premiums can be reduced by meeting certain criteria, such as maintaining good grades or completing a driver training course. Parents can also reduce premiums by insuring their teenagers on less expensive cars or increasing their deductible. Young drivers insurance, […]
[ad_1] Professional malpractice insurance for nurses provides financial protection against lawsuits and is recommended by industry experts. It can be purchased from private brokers or nursing organizations and is often required for nursing students. Even specialist nurses should have some level of coverage. Professional malpractice insurance for nurses offers financial protection against lawsuits naming a […]
[ad_1] Creditors insurance can protect lenders if borrowers die or become disabled before paying off a loan. It can be mandatory or voluntary and includes life and disability insurance. Group policies are generally less expensive, and declining term life insurance can cover mortgage loans. The proceeds go to the lender, not the insured’s family. A […]
[ad_1] Social worker negligence insurance protects professionals from financial loss in the event of a lawsuit. It can be purchased in varying amounts and covers claims related to malpractice, including missed diagnoses and wrongful removal of a child. Most professional organizations recommend a minimum coverage of $1 million USD. Social workers must obtain a social […]
[ad_1] High-risk pools are established by insurers to provide coverage for individuals who would normally be denied insurance due to their high risk. These groups exist in various categories of insurance, including auto, life, and health insurance. While proponents argue that these groups lower premiums for “normal risk” policyholders, opponents claim that they increase premiums […]
[ad_1] Choosing dental and vision insurance involves considering cost, coverage, and claims process. Consumers should compare plans and pay attention to deductibles and filing policies to find the best option. Business owners seek to offer the best options to employees. Choosing the best dental and vision insurance is a task that many people, as well […]
[ad_1] Individual health insurance costs are influenced by occupation, age, location, health history, and plan benefits, exclusions, and deductibles. Insurance companies use risk assessors and algorithms to determine premiums based on these factors, as well as external factors like medical costs and regulations. The level of coverage and deductible also affect the cost. Many factors […]
[ad_1] Business owners need to insure their assets with a policy that matches their needs and budget. Identifying assets to insure, speaking with an insurance agent, and evaluating finances are key steps in choosing the best commercial insurance policy. Business owners are responsible for insuring business assets with a business policy for each asset. Business […]
[ad_1] Home flood insurance is a separate coverage from homeowner’s insurance, available in designated flood zones or areas with a history of flooding. It can be purchased through government agencies or private insurance companies, with prices based on the amount of coverage and type of insurance. Excess insurance is also an option. Flood insurance is […]
[ad_1] Credit insurance protects policyholders from being unable to pay outstanding debt due to covered incidents. It benefits both debtors and lenders, and can provide protection for businesses against issues with accounts receivable. Coverage is generally limited to current unpaid debt and may be offered by lenders or purchased independently. Credit insurance is a form […]
[ad_1] Jewelry insurance covers the replacement costs of lost, stolen, or destroyed jewelry, but policies vary and often require appraisals. Homeowners insurance may not cover jewelry, and policies should be read carefully to determine coverage. Some companies offer gem insurance for loose stones or specific types of jewelry. Jewelry insurance is insurance designed to cover […]
[ad_1] Nuclear insurance protects companies that work with nuclear reactors from liability claims in the event of a nuclear incident. In the US, it is provided under the Price-Anderson Act of 1957, and is only available from certain insurance companies. It is a no-fault insurance, and utilities pay the bills, not the government or taxpayers. […]
[ad_1] Gap insurance protects leased vehicles in the event of theft or damage before the lease is fulfilled. It covers the difference between the outstanding balance of the lease and the current value of the vehicle. The policy may be provided by the lessor or a third party, but the lessee must keep payments current […]
[ad_1] Key man insurance provides coverage for businesses in the event of sudden loss of an essential employee due to death or disability. The employee must meet certain criteria, and coverage may include disability insurance. The purpose is to help the business recover and find a suitable replacement. Key man insurance is a form of […]
[ad_1] BOLI is a life insurance policy owned by a bank for its employees, offering benefits for pension programs and tax credits. Regulations have been put in place to prevent abuse, but it can still be used as a loan guarantee or to finance profits. Some companies specialize in BOLI policies and can help banks […]
[ad_1] HUD offers different types of 203k rehab loan insurance for mortgages, including a simplified option for minor repairs and a larger option for more expensive repairs. These products promote energy efficiency and home ownership, and are intended for low-income individuals and families. FHA officials evaluate the value of construction work or product replacements before […]
[ad_1] FHA mortgage insurance protects lenders against loan defaults and encourages them to lend to low- and middle-income homebuyers. Buyers pay an initial premium and monthly fee based on loan amount and balance. After five years, buyers can cancel insurance if they owe 78% or less of the loan. Federal Housing Administration (FHA) mortgage insurance […]
[ad_1] Mobile estheticians need liability insurance, with four main types of coverage: professional indemnity, public liability, employee liability, and company car insurance. Specialties should match coverage. A slip of the shears or problems resulting from a facial or pedicure could leave estheticians and salon owners on the wrong side of a lawsuit, for which liability […]
[ad_1] Intellectual property insurance protects owners of patents, trademarks, and copyrights by covering legal costs and sending letters to infringing parties. Insurers require proof of ownership and prohibit knowingly infringing on others’ rights. Intellectual property insurance is available to any business or individual that owns rights to intellectual property and helps defend those rights. This […]
