Purchasing life insurance can provide essential financial protection for your loved ones. And when it comes to buying coverage, you want to make sure you get the best policy for your needs. If your spouse is a life insurance agent, you may wonder if they can write a policy for you. The short answer is … Read more
Reinsurance is a critical risk management tool for insurance companies. It allows them to transfer a portion of policy risks to a reinsurer. There are three primary methods of reinsurance used – treaty, facultative, and hybrid. Each has advantages and disadvantages to consider. Overview of Reinsurance Methods Treaty reinsurance covers a predefined group or book … Read more
“To age 90 life insurance” refers to a permanent life insurance policy structured to provide lifetime coverage until the insured individual reaches 90 years of age. This type of policy is designed to offer lifelong protection instead of coverage for a defined term. To age 90 life insurance is a form of permanent life insurance … Read more
Many people are faced with the decision of choosing between a PPO (Preferred Provider Organization) and an FSA (Flexible Spending Account) when enrolling in employer-sponsored health insurance plans. The good news is that in most cases, you can have both a PPO health plan and an FSA. However, there are some limitations to be aware … Read more
Having valid car insurance is mandatory by law in India. As a vehicle owner in Kerala, it is important to regularly check your car insurance status to ensure continuous coverage. Thanks to digital platforms, you can now easily verify your car insurance validity online or offline through multiple channels. This comprehensive guide will walk you … Read more
When it comes to health insurance, you’ll often come across terms like HMO and MCO. While they sound similar, HMOs and MCOs are two distinct types of health plans. Understanding the key differences between a Health Maintenance Organization (HMO) and a Managed Care Organization (MCO) can help you choose the right plan for your needs. … Read more
Secure Horizons and UnitedHealthcare have a connected history. Secure Horizons was originally founded as a division of UnitedHealthcare, offering Medicare Advantage plans, Medicare Supplement plans, and Medicare Part D plans. In recent years, UnitedHealthcare has been rebranding Secure Horizons plans under the UnitedHealthcare name. A Brief History of Secure Horizons Secure Horizons was founded in … Read more
Casualty and liability insurance are two common types of insurance that protect against potential losses. While they sound similar and overlap in some areas, there are important differences between casualty and liability insurance in terms of the risks they cover. Understanding these differences is key for both individuals and businesses looking to properly insure themselves. … Read more
Driving a car that’s insured but as an uninsured driver can lead to complicated legal and financial consequences. Here’s a detailed look at what can happen in this situation. Overview In most states, auto insurance follows the car, not the driver. So if you drive someone else’s insured car, you’re typically covered under their policy. … Read more
If you own a home, coverage L on your homeowners insurance policy provides protection against liability claims. This covers legal costs and damages if someone is injured or their property is damaged on your property. Below is an in-depth look at what personal liability coverage is, what it protects against, coverage limits, and how it … Read more