In most cases, having insurance is a requirement rather than being optional. It’s difficult to shell out the cash for insurance premiums and something that you might never use. However, when you do have it and the unthinkable does happen to you, you’ll be relieved (hopefully) that you did have the insurance.
Insurance is a great way to protect yourself and the family. Not everything has to be insured, though. There are certain insurance policies that just might not be necessary. Before you get swindled into one of these types of policies, here’s what you should reconsider purchasing.1. Accidental death and dismemberment insurance - This is something that can be covered by a term life insurance policy or a long-term disability policy. There’s probably little need to purchase a separate policy like this. If you still think you really need it, be sure to read all of the fine print and weigh [...]
When purchasing auto insurance, you are usually doing it because it’s required by your state in order to register a vehicle. It’s also great coverage to have in order to protect you, though. Everyone makes mistakes, even you. Of course you always hope to be the one not at fault in an accident because then it’s on the other person’s insurance or the other person has to pay for your damages, but mistakes do happen.
When you buy a home, you want to make sure it’s protected along with everything in it. Since it will probably be the most expensive thing you’ll ever purchase, it’s imperative that you have homeowners insurance. But how do you make sure you are protected for everything that should happen to your home throughout the years you’ll own it?You need to shop around and be sure to ask a lot of questions about what the policy has to offer, to make sure you get just what you need to keep your investment safe. Here are the questions you should ask [...]
Being a grown-up means you have to think about things like life insurance. No one wants to think about the fact that someday they will die, but it’s a fact of life so to speak. And you want to leave as little burden on your family as you possibly can in the event of your unexpected death...