Once your parents reach a certain age, you may want to find a life insurance policy that will accomplish two specific goals- cover your parents’ final expenses and provide for the surviving spouse if one of them passes away.
Protecting Your Parents
When your parents get older, it is up to you to protect their interests. With the right type of life insurance in place, you can ensure that your parents have the protection they need. If one of your parents passes away, the death benefit will allow you to provide your surviving parent […]
A standard homeowners insurance covers four primary areas that hold the most value and present the highest risk. This policy is used to secure your investment against most types of loss. If you experience a loss in one of these areas, you must file a claim to be adequately reimbursed. This prevents you from having to pay for any significant expenses out of your own pocket. With the right homeowners’ policy, you can rest easy that most of your expenses will be covered.
The following are the four most important areas covered by home insurance.
Termites can be very destructive. The damage they cause can be extensive if they are not stopped in time. Most basic homeowners insurance policies do not cover termite damage for several reasons. One of the most important factors that insurance providers consider is whether the damage was preventable. However, there may be times when you are not aware of damages that already exist in your new home. Even the most reputable inspectors may miss small signs of an infestation. This will not go against you if the damage is discovered after you purchase your home.
Can Termites Damage My […]
With so many types of life insurance policies to choose from, you need to look for one that can generate cash value quickly and efficiently. Whole and universal policies are the only types of insurance policies that will produce a cash value account that can be used by the owner of the policy. A cash value account is set aside from the actual death benefit. The money put into the account is often used for investments and can raise the overall value of a policy over a long period. The policy owner also has the option to tap into the […]