Is it true that red car owners have more speeding tickets than people whose cars are colored differently? Does your insurance company set rates according to the color of your car’s body? Have colors have anything to do with the likelihood of car accident occurrence? These are questions you have asked yourself at least once. [...]
Many people have heard of mortgage protection through insurance policies but it may sound quite complicated to some. To answer the question right away: mortgage protection through insuring ones life is a form of personal insurance that pays off mortgage loans for people who were unable to pay it off in full due to death, [...]
Life is never fair. Just when you think you have hit rock bottom and things cannot get any worse, they get worse. You would have thought that a recession would mean premium rates would stay the same. In your dreams, you might have hoped for the rates to fall. After all, there’s massive unemployment – [...]
The magic letters stand for a Health Savings Account and this represents a different way of solving the health plan problem. In effect, the HSA is self-insurance with tax advantages, allowing you to pay immediate medical bills, save for the future and provide protection for when you retire. You start off with a High Deductible [...]
Obtaining health coverage after getting retired is the largest issue that workers, which have saved enough funds for early retirement, are facing nowadays. In case you’ve got enough health, or in case you already possess an individual or family insurance policy, consider yourself lucky. I doesn’t really matter how many clinical matters you’ve had, if [...]
Sometimes life seems to be totally unfair. Let’s assume a situation where you became a victim of a car-related insurance fraud … you are down, what else can possibly happen to you? You pay! It is not only high premiums that you will have to pay, but also with your life, putting yourself and your [...]
With the price of gas constantly rising, more people driving hummers are finding visits to fill the tank an expensive business. It’s tempting to think of trading in the guzzler and buying a hybrid. A Toyota Prius, for example, will give you not less than 45 miles per gallon – drive it carefully and you’ll [...]
Term life insurance is a simple way of protecting your dependents when you die. You pay a premium. If you die within the nominated term, the insurance company pays out. So what do you need to think about? Well, life policies are offered everywhere as part of your credit card or loan packages, through membership [...]
Whenever you start talking to your broker or to a company direct, it’s easy to assume you know exactly what insurance is. You pay a premium and, when you get into trouble, the policy pays out. Except, sometimes, it does not pay as much as you were expecting. So let’s have a quick look at [...]
When life is going along well, there are rarely temptations. You have everything under control and there’s no need to cut corners. But as the household budget comes under pressure, you have to keep the cost of essentials like auto insurance under control. No-one wants to risk driving out on the public roads without insurance. [...]
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