Category: INSURANCE

How Much Should I Pay For Travel Insurance?

How much should you realistically pay for travel insurance? There is no easy answer, as the price of insurance can vary based on a variety of factors, including your age and destination. However, by understanding what goes into calculating premiums and what coverage is available, you can make an informed …

Which Travel Insurance is Best?

There are many travel insurance options on the market, but not all of them offer quality coverage. It’s important to know what you’re buying before you buy it. In this blog post, we discuss travel insurance and how to make sure that your travel plans won’t be disrupted by purchasing …

How Much Car Insurance Per Month Should You Pay?

Choosing the right car insurance policy is not easy. There are so many factors to consider and most people will need help from a professional to make an informed decision. But if you want to know what your monthly premium should be, then there are some things that you can …

Which Auto Insurance Is The Best?

Which auto insurance is the best for you? It depends on your needs and budget. You’ll want to compare rates and coverage to find the best option for you. Some people prefer to go with a large, national company, while others might feel more comfortable with a smaller, regional insurer. …

Mortgage Insurance: What It Is, Pros and Cons

Mortgage insurance is a mortgage protection plan that helps pay your mortgage in the event of an unforeseen event such as death, disability, or involuntary unemployment. Mortgage insurance provides coverage for mortgage payments and ensures that homeowners are able to keep their homes if they suffer from one of these …

Is Insurance Liability or Asset?

What is Insurance? The term insurance represents a contract between two parties to protect an underlying asset. The first party is the insured party, which receives the protection. This party owns the underlying asset. Insured entities may include individuals, businesses, organizations, etc. In contrast, the second party is the insurer. …

How Does Property Insurance Work

Insurance is a term used to describe any form of protection against financial losses. In the modern day, companies, organizations, and individuals use insurance to mitigate the risks associated with their assets. Based on the type of asset they use, there are several types of insurance they can get. One …

Why Life Insurance Is Necessary

For most individuals, putting money into a life insurance policy comprises a significant financial decision. However, it also allows them to reduce the risks that the future holds for them or their families. While some individuals may consider life insurance as an unnecessary investment, there are some benefits to it. …

Risk Transfer in Insurance

When companies or businesses come across risks, they use various risk management techniques. For every type of risk that a company identifies, it must assess its probability, importance, and frequency. Based on that, it must evaluate what strategy to use to manage it. Among the various risk management techniques, companies …