When people think of RVs, traditional motor homes generally come to mind. However, travel trailers and medium duty tow vehicles may also be covered by RV insurance. Certain vehicles are obviously intended for limited use and may not be used for full-time dwelling while others can be used for travel and as a living space all year. People who wish [...]
It is a contract that is made between the insurance company and the person who is insured. The insurance policy states that the company will pay a specific amount of money to the person(s) listed as beneficiaries in the policy in the event of the insured person’s death. Until the insured person dies, premium payments must be made to the [...]
Many individuals believe because they work at a non-hazardous job they needn’t worry about disability insurance. Should an injury or a lengthy illness occur, they assume their employer’s disability insurance plan will cover their needs. Nothing may be further from the truth. 43 percent of workers over the age of 40 are likely to require disability coverage at some point [...]
Long-term care insurance pays for basic daily needs when they are needed for an extended period of time. It should be noted that health care insurance is different from long-term care insurance. A health care policy will usually pay for medical procedures, whereas a long-term care policy pays to help people carry out basic daily living tasks. From dressing to [...]
If available, group insurance is generally a better option, since it is usually more comprehensive. However, individual coverage is infinitely better than being uninsured in the event of illness or injury. Although you may think you can do without health insurance, you are taking a major risk if you choose not to get coverage. An unexpected illness or serious injury [...]
Disasters may strike at anytime. From fires to flood or hurricane damage, it is virtually impossible to predict when extreme weather will cause damage to a building or when an accident will happen. Building owners who have experienced the devastating effects of a natural disaster know the great expense that is involved with repairing damaged building structures and other personal [...]
For the most part, it is a type of property insurance. Many times, it is referred to as Course of Construction. The purpose behind the policy is that it provides coverage for a piece of construction while it is in the construction phase.