When planning a trip, the last thing most people want to think about is what could go wrong. But if something does go wrong, travel insurance can be a lifesaver. From lost luggage to cancelled flights and even medical emergencies, travel insurance can help protect you from financial losses incurred due to unforeseen circumstances. And …
What is long-term care insurance? Long-term care insurance is a type of insurance that helps cover the costs of extended medical and personal care. It can be used to help pay for in-home care, assisted living, and nursing home expenses. Long-term care insurance is not health insurance, but it can complement your health coverage by …
Disability insurance is a type of insurance that provides financial assistance to people who are unable to work because of an injury or illness. The purpose of disability insurance is to replace a portion of your income if you are unable to work due to a covered disability. Most private employers do not offer any …
Health insurance is a type of insurance that covers the cost of medical and surgical expenses incurred by the insured. Health insurance can reimburse the insured for expenses incurred from illness or injury, or pay the care provider directly. It is often included in employer benefit packages as a way to attract and retain employees. …
Most people know that life insurance is important, but they don’t really understand how it works. Life insurance is a contract between you and an insurance company. You pay premiums, and the company agrees to pay a death benefit to your beneficiaries if you die while the policy is in force. There are two main …
An umbrella insurance policy is an insurance policy that provides additional liability coverage above and beyond the limits of your homeowner’s, auto, or watercraft insurance policies. An umbrella policy kicks in when you have exhausted the liability coverage on your other policies and can help protect your assets and income in the event that you …
Renters insurance is a type of insurance that helps protect your belongings in the event of damage or theft. It can also provide liability coverage if someone is injured while on your property. Renters insurance is not required by law, but it is a good idea to have if you rent an apartment, house, or …
Home insurance, also commonly called homeowner’s insurance (often abbreviated in the US as HOI), is a type of property insurance that covers a private residence. It is an insurance policy that combines various personal insurance protections, which can include losses occurring to one’s home, its contents, loss of use of the home, or loss of …
Auto insurance is a contract between you and an insurance company that protects you against financial loss in the event of an accident or theft. Your premium, or the amount you pay for your auto insurance coverage, is based on many factors including your driving record, the type of car you drive and where you …
