Isn’t it easy to fall for insurance ads that claim, ‘Protect yourself with a few dollars’?This seems like a feasible and affordable deal, right? But is it the perfect policy option for you? Let’s find out.
We have prepared a list of questions that you need to ask before getting life insurance. Simply go through these typical life insurance questions and assess your requirements.
Who Are My Dependents?
It is necessary to consider all your dependents before purchasing a life insurance policy. If you have children, grandparents, elderly parents, or family members with […]
It is a known fact that the insurance rates of different residential properties vary. This is because there are a number of factors that affect homeowners’ insurance premiums in a specific and unique way. These factors generally range from personal credit history and home liability limits to structural remodeling needs and house construction type.
However, there is another highly significant factor that directly influences the rate that is charged from homeowners for their home insurance – location.
Here are a few reasons why homeowners insurance rate keeps changing across various cities, localities, and neighborhoods.
Nearly 63% of Americans above the age of 65 require long-term care. If your savings were to bear its costs, you would have to shell out an average of $140,000 per annum. Such an expense can cause a significant financial drain.
Long-term care(LTC) insurance can help you prepare for all such future needs, like assisted living, in-home care, or nursing home costs. However, only a small number of Americans are covered because there are many myths about the coverage.
Let’s bust a few myths about long-term care insurance to understand it better: