Brokers leverage their expertise to understand their clients’ needs, and help them select the right insurance solutions at the best possible price. Unlike agents, their duty is to act in the buyer’s best interests, rather than the insurance companies’.
Mortgage life insurance is a form of insurance specifically designed to protect a repayment mortgage. If the policyholder were to die while the mortgage life insurance was in force, the policy would pay out a capital sum that will be just sufficient to repay the outstanding mortgage.
Group life insurance is a type of life insurance in which a single contract covers an entire group of people. Typically, the policy owner is an employer or an entity such as a labor organization, and the policy covers the employees or members of the group. Group life insurance is often provided as part of a complete employee benefit package. In most cases, the cost of group coverage is far less than what the employees or members would pay for a similar amount of individual protection.
Cyber liability insurance is when a data breach or cyber attack affects your tech company or your clients, cyber liability insurance can pay for legal expenses, credit monitoring services, and other recovery costs.
We should start with a final expense life insurance definition. Only then will we have an idea it’s the type of policy you’re looking for or if another type is better. Final Expense life insurance is a kind permanent life insurance policy that used to pay for your funeral and burial expenses. In other words, it’s life insurance for final expenses. Final expenses may also include medical costs or any other expenses that you need covered.
Dental and vision care are not seen as medically necessary. Original Medicare doesn’t cover dental exams, eye exams, eyeglasses or other related services. You have options if you have Medicare and want some help with the cost of dental and vision care.
Medigap is Medicare Supplement Insurance that helps fill “gaps” in Original Medicare and is sold by private companies. Original Medicare pays for much, but not all, of the cost for covered health care services and supplies. A Medicare Supplement Insurance (Medigap) policy can help pay some of the remaining health care costs, like Co-payments, Coinsurance, Deductibles.
A Business Owners Policy packages together several policies to offer small and mid-sized business owners one convenient policy to protect themselves. It simplifies coverage needs by combining two policies that most businesses need – property and liability – while offering savings over purchasing each policy separately. Business Interruption Insurance is also frequently included in a BOP.
| July, 17 2020 | Ty Taylor | What is Term life Insurance? Term life Insurance is a contract between you and an insurance company that lasts for a specific period of time, such as 10, 15, 20, 30 years or until you reach the age 65. In exchange for your premium payments, the insurer […]
Discovering the best international health insurance plan should be at the top of your list of priorities if you’re planning on traveling abroad. Thankfully, there’s a multifarious amount of options from which to choose from. More importantly, the majority of these health insurance plans are affordable, especially when compared to health insurance premiums and deductibles here in […]