Many auto accidents that occur in the United States could easily be prevented. Following are some tips for avoiding accidents and thus reducing your insurance claims:Distracted driving is happening at epidemic levels every day. Not a day goes by that you don’t see someone on his or her cell phone, talking or trying to text while [...]

The beginning of the year is a good time to review your insurance policies to make sure you have adequate limits and coverage.Values may have depreciated with the economy. If there were a total loss of your home, it may not cost as much to replace today as it would’ve this time last year.Insurance companies [...]

General liability is an essential type of coverage for a business owner.If you run a bakery, manufacture a product or have clients come to your office, there is a liability exposure.Commercial general liability insurance comes with six different components of coverage.Following is a sample of how the liability coverage page would read for someone with [...]

As the economy continues to struggle, many Americans are cutting back.And for some, that means going without life insurance coverage.In fact, about 35 million U.S. households currently do not have life insurance.That’s the highest percentage in more than four decades, according to insurance industry research group LIMRA.Can going without life insurance be justified?Of course, only [...]

Although being your own boss has many benefits, one of the necessary evils is that of securing your own health insurance. But never fear - there are options available, and they may not be as costly as you may think.Self-employed individuals - including those who are contractors, freelancers and sole proprietors - are eligible for [...]

There has been much talk over the years as to how the new health care reform will affect health insurance policies. With the many changes that will soon be coming through, insured individuals should be aware of how this new legislation may change the way they are currently insured.For those who own individual health insurance [...]

With the holiday season upon us, thousands of people across the nation will take to the air or the roads to visit family, celebrate good tidings or simply take some much-needed vacation time.For most people, travel sparks good times and relaxation. But those who travel outside of the U.S. could find themselves without medical coverage. [...]

It is estimated that roughly one in every eight women in the U.S. will get breast cancer, making this disease the second-leading cause of cancer death for women in the nation.With this in mind, having a good solid health insurance plan is imperative to receiving the necessary treatment should this diagnosis occur.In fact, having access [...]

o one wants to think about his or her own mortality, especially the young and healthy.However, individuals in their 20s may want to consider it.That’s because the best way to get the right kind of life insurance coverage when you need it is to buy it when you don’t.Following are three good reasons to consider [...]

A personal umbrella insurance policy can give you added protection and peace of mind.Property insurance and liability coverage are important, but a personal umbrella policy provides the extra coverage you might need.With property insurance, you are insuring a tangible item. That tangible item could be a boat or diamond ring, and it will have a [...]

Proper insurance coverage for directors and officers is needed by organizations both large and small.People don’t want to take on these types of positions if they know their personal assets could be at stake if they were to be sued.Directors’ and officers’ coverage provides that protection. Such a policy ensures that the personal assets of [...]

What You Need to Know About Workers’ CompBefore the federal government stepped in during the early 1900s, the only recourse an injured employee or their family had was to launch a lawsuit against an employer.At that time, employers felt they did not have an obligation to continue to pay employees who’d been injured on the [...]

So you’re going on that dream vacation. The trip is booked, the bags are packed and you’re ready to go. But have you purchased your trip cancellation insurance?In all the excitement of the new trip, you might think such insurance is like a used car warranty where you end up paying too much for something [...]

When people think of long-term care, they often have images of drab nursing homes where the patients are unable to do any type of activity or have social interaction. And while this may have been the case many years ago, long-term care has come a long way today.At present, there are roughly 10 million Americans [...]

Inflation - who needs it?You just end up paying more dough for the same loot.When inflation is to our disadvantage, we feel it everywhere.It hits our pocketbooks at the grocery store and gas pump, and we may not take as many vacations or have as many toys.But there is one place where you don’t have [...]

Condominium owners have some unique insurance policy needs.What they require in the way of coverage is very different than what renters and homeowners need to look for in an insurance policy.A condominium complex is often operated by an association, which is governed by a set of bylaws.These bylaws determine who will cover what.They can be [...]

Advisors often suggest that investors build things such as bond ladders, portfolios and estate plans.But you can also build your own annuity.An annuity is a contract between an investor and a life insurance company.You make a payment to the life insurance company, either in a lump sum or in a series of transactions, and in [...]

The summer of 2011 brought plenty of drama, with the debt-ceiling debate, the downgrade of U.S. debt and concerns about European debt all sending the stock market significantly lower.It wouldn’t be surprising, given the market mayhem, to hear that financial advisors are juggling calls from worried clients. But many aren’t, because their clients invested in [...]

Around 35 million U.S. households have no life insurance coverage, according to a 2010 study by industry research group Limra, and more than half of American households say they need more.But life insurance policies can be complicated.Terms and riders make the purchase of even the most straightforward policy a challenge to many.Following are ways to [...]

Business owners get different types of coverage under a commercial as opposed to a personal insurance auto policy. Following are two types of commercial auto policy coverage:Hired and Nonowned Auto: For any business with employees, this coverage is a must. It provides auto liability to a business when a vehicle must be hired or borrowed [...]