It is rightly said that necessity is the mother of invention. This also applies to health insurance. Deteriorating lifestyle patterns and rising cost of health care in India have paved the way for health insurance services. This need is further exacerbated by the fact that unlike in the West, social security systems are non-existent in … Read more
In this recessionary world where everything is going up, one has to wonder if there really are any simple strategies that can be used to reduce the cost of car insurance. After all, we all know that insurance is a spiteful purchase, if it were possible, we would prefer to do without it! In this … Read more
While gains from a life insurance policy are not treated as income for tax purposes, if the life insurance policy was held by the decedent within three years of his or her death, any amount of insurance income on the decedent’s estate is taxed. will be imposed. above the property tax limit. OK, now in … Read more
Stay up-to-date with the latest Health Care Reform News. Learn about the changes, updates, and impact of Health Care Reform on your health, insurance, and finances. Introduction Health care reform has been a topic of discussion for many years. The Affordable Care Act (ACA), also known as Obamacare, was signed into law in 2010, and … Read more
Any property can become empty at any time under many different circumstances. When a property is unoccupied a standard house insurance policy will only usually provide cover for up to 30 days. This is when one must obtain an empty property insurance policy to keep their asset properly insured against risks such as fire, storm … Read more
Insurance for water damage in your home is often part of your general homeowners policy. Your insurance may cover losses that are due to a pipe that burst or an appliance that leaks, but may not if you are exposed to a flood, tornado or hurricane. For this kind of coverage you will need a … Read more
When you are considering health insurance it is essential that you ask a number of specific questions regarding a health insurance plan quote to ensure that you get the right cover at the right price. Here we look at 10 questions you need to ask: Question 1. How much out-of-pocket expenses and deductible will you … Read more
The true nature of insurance is often confused. The term “insurance” is sometimes used for a fund that is accumulated to meet uncertain losses. For example, a specialty store dealing in seasonal goods should add to its price at the beginning of the season to create a fund to cover the possibility of losses at … Read more
Insurance is risk management. Therefore, for each type, you need to identify the risk to cover and the best way to do it. Mortgage life insurance, like other types of insurance, can be expensive, so you need to understand that the inherent risk is the same as that of general life insurance. Moreover, there are … Read more
Many people do not realize that the proceeds of a South Florida life insurance policy are added to your estate for estate tax purposes if the policy was held by the decedent during the last 3 years of their life. This is the case with more than 90 percent of all life insurance policies. While … Read more