Category Archives: Insurance

The Best Mortgage Lenders in New York June 2023

If you are in the market for the best mortgage lenders in New York? you’ve probably heard of some of the best mortgage lenders in the city. Bank of America, Chase, Guaranteed Rate, and Funding Depot Inc. all offer mortgage loans in New York, but which ones are the best? If you’re still unsure, keep… Read More »

Buying a Life Insurance Plan June 2023

Life insurance is an agreement between an insurance policyholder and an insurance agency, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person. Depending on the contract, other events such as terminal illness or critical illness can also trigger payment. There are many aspects to… Read More »

How to Find a Good Mortgage Broker June 2023

A good broker can help you find a mortgage that fits your needs. Some brokers specialize in helping borrowers who have a difficult credit situation or are on the edge of FHA loan eligibility. Brokers are also helpful if you have sparse credit or are borderline for an FHA loan. Banks and mortgage brokers have… Read More »

All about Travel Insurance June 2023

Before leaving for your trip, you should make sure that you have the right type of insurance to cover any possible expenses. For example, French Polynesia requires that COVID-19 (a type of disease) carriers have travel insurance. Moreover, certain Schengen countries require specific insurance requirements for their citizens. To avoid any confusion, this article provides… Read More »

The Basic Principles of Insurance June 2023

In the insurance world, there are six Principles of Insurance that must be met, ie insurable interest, Utmost good faith, proximate cause, indemnity, subrogation, and contribution. The right to ensure arises out of a financial relationship, between the insured to the insured and is legally recognized. This principle stresses the mutual faith between an insured party… Read More »

How Do Insurance Companies Make Money? June 2023

How do insurance companies make money? Here’s a look at the four main ways they earn profits: Investment profits, Premiums, Underwriting, and Cash value payouts. All of these components help the companies earn investment income. But how does the average insurer make money? What is the role of marketing and advertising in the insurance business?… Read More »

Life Insurance Tips June 2023

If you are thinking of purchasing a life insurance policy, you have probably encountered questions about cash value, Terms, and health factors. You may also want to learn more about Retained Asset Accounts (RAAs) and how they work. In this article, we’ll discuss these questions and more. Hopefully, the information in this article will help… Read More »

Various Limits in a Commercial General Liability Insurance Policy June 2023

Commercial General Liability insurance policies have different limits that can help you determine the extent of your insurance coverage. For instance, the per-occurrence limits may differ from the general aggregate limit, depending on your policy. You should also check the limits for products-completed operations and medical expenses. Those limits are set by the Insurance Services… Read More »