Header Ads

Download This Video Mp4/Mp3

Download This Video Mp4/Mp3

Download This Video Mp4/Mp3

#car insurance
#life insurance
#car insurance quotes
# cheap car insurance
#home insurance

In insurance, the insurance policy is a contract (generally a standard form contract) between the insurer and the policyholder, which determines the claims which the insurer is legally required to pay. … The textbook also states that the policy must refer to all papers which are part of the policy.

Auto Insurance
Auto insurance is critical if you drive. Not only is it required in most states, but car accidents are expensive—over $10,000 even without any injuries, and more than $1.5 million if a crash is fatal. These costs come from medical expenses, vehicle damage, wage and productivity losses, and more.1

Most states require that you have basic auto liability insurance, which covers legal fees, bodily injury or death, and property damage to others in an incident where you are legally responsible.2 Some states also require you to carry personal injury protection (PIP) and/or uninsured motorist coverage. These coverages pay for medical expenses related to the incident for you and your passengers (regardless of who is at fault), hit-and-run accidents, and accidents with drivers who don’t have insurance.

Home Insurance
For many people, a home is their greatest asset. Home insurance protects you and your investment by extending a financial safety net when unpredictable damage occurs. If you have a mortgage, your lender probably requires a policy.5 But if you don’t buy your own policy, your lender can buy it for you—potentially at higher costs and with more limited coverage—and send you the bill.

Health Insurance
Health insurance is easily one of the most important types of insurance to have. Your good health is what allows you to work, earn money, and enjoy life. If you were to develop a serious illness or have an accident without being insured, you might find yourself unable to receive treatment or forced to pay large medical bills. A recent study published in the American Journal of Public Health showed nearly 67% of respondents felt their medical expenses contributed to their bankruptcy.

Life Insurance
Many financial experts consider life insurance to be an integral part of your financial plan. How crucial it is to include in your planning depends on your circumstances. “The need for life insurance varies, and it changes over time,” explained Stephen Caplan, CSLP™, a financial advisor at Neponset Valley Financial Partners, in an email to The Balance. “If someone is young and single, their need is minimal. If they are responsible for supporting a family, ensuring adequate protection is crucial.”

car insurance life insurance car insurance quotes cheap car insurance home insurance insurance,car insurance,life insurance,car insurance quotes,cheap car insurance,home insurance,insurance

No comments