Dealing with insurance companies after an accident, injury, or loss can be frustrating and confusing. You likely just want to get your claim settled and move on with your life. But often the insurance company says they need to do an “investigation” first. What exactly does this entail? Here’s an in-depth look at what an … Read more
Paying off your insurance premium can seem like a great milestone. You no longer have a recurring payment to worry about every month or quarter. But what actually happens when you pay off your insurance early? Does your coverage stop? Do you still need insurance? Overview of Paying Off Insurance Early Let’s start with a … Read more
Health insurance is commonly offered as an employee benefit by many companies. But in some cases, employees may want to opt out and decline coverage through their employer. So can you actually decline health insurance offered by your employer? The short answer is yes – employees can refuse employer health insurance coverage and waive participation … Read more
Social Security provides an essential source of income for millions of retired and disabled Americans. According to the Social Security Administration (SSA), over 66 million people currently receive monthly Social Security benefits. As living costs and inflation rise, Social Security recipients depend on annual cost-of-living adjustments (COLAs) to maintain their standard of living. So how … Read more
Seeing your car insurance premium double can be an alarming and frustrating experience. While rate hikes are common, a doubling of your cost seems excessive. But there are a number of reasons why your auto insurance may surge dramatically. Understanding what’s behind the increase can help you determine if the price spike is justified or … Read more
As an insurance agent, maintaining proper records for your clients is a crucial part of running an ethical and compliant business. But with boxes of old files and documents piling up, you may wonder just how long you’re legally obligated to hold onto all that paperwork before hitting delete or taking it to the shredder. … Read more
Life Insurance Corporation (LIC) of India is the country’s largest life insurer, providing coverage to millions of policyholders. If you have an LIC policy, it’s crucial to pay premiums on time to keep your valuable coverage active. But what happens if you miss payments or stop paying LIC premiums altogether? There can be serious consequences, … Read more
Seeing a series of numbers like 100,000/300,000/100,000 on your auto insurance documents can be confusing. These numbers actually refer to your liability coverage limits – one of the most important parts of your car insurance policy. Understanding what those policy limits mean is key to ensuring you have adequate protection in the event of an … Read more
Getting into an accident while driving someone else’s car can be a stressful and confusing situation. You likely have many questions running through your mind in the moment – Is the car I’m driving insured? Will the insurance cover me even though I’m not the policyholder? What will happen if I file a claim? These … Read more
Health savings accounts (HSAs) are a powerful savings tool and provide valuable tax benefits when paired with a high deductible health plan (HDHP). However, life circumstances may lead you to switch from an HDHP/HSA combo to a more traditional preferred provider organization (PPO) health plan. If this happens, you may be wondering – what happens … Read more