If the COVID- 19 pandemic has severely impacted your business, you may consider cancelling your business insurance to cope with the expenses. However, business insurance provides you with a lot of benefits, whether your business is open or closed.
Cancelling your business insurance may seem to be a cost-effective option, but you need to understand the risks before moving ahead.
Risks of Cancelling Business Insurance
By cancelling your business insurance, you expose yourself to certain risks, which include:
You will have some losses when you cancel your business insurance […]
The coronavirus pandemic has impacted everyone’s physical and mental health. As a result, many of us are getting anxious about our health due to the rising uncertainty. Buying life insurance in the coronavirus pandemic is important to stay healthy and protected.
Here are the different ways of getting life insurance during these difficult times:
Your Current Life Insurance Does Cover COVID- 19
People who already have life insurance coverage should know whether their current policy covers death due to COVID- 19. There is a list of exceptional cases that […]
Buying renters insurance is important to stay protected. However, many people think that buying renters insurance is a complicated process, and some people have misconceptions about coverage, which is why so many avoid or delay buying a policy. Once you understand the importance of buying renters insurance, you may be eager to take out a policy of your own.
Here are some myths about renters insurance you should be aware of:
“Coverage is Retroactive”
No, it is not. You can’t buy insurance to seek damages for incidents in the past. For example, if your house […]
As a woman, if you are the primary earning member of your family, you might often worry about how they will be cared for after your death. Having an insurance policy ensures that your family remains financially secure even in your absence. Whether you’re the only earning member of your family, a stay-at-home mom, or a single woman, the need for life insurance becomes paramount.
Life Insurance for Financial Security
If you are a single woman, you may think it is unnecessary to buy life insurance, as you have no dependents. However, a life […]