Why It Is Important to Have Life Insurance

Life insurance is important because it provides financial security and peace of mind for you and your loved ones in the event of your death. By having a life insurance policy in place, you can ensure that your family will be financially taken care of after you pass away, regardless of the cause of death. Life insurance can help pay for expenses such as funeral costs, outstanding debts, and living expenses, as well as provide a source of income for your loved ones. Life insurance can also be used to create a legacy or help fund future expenses, such as your children’s education. Having life insurance is a responsible and caring way to ensure that your family is protected, even … Read more

Why Every Renter Needs Renters Insurance Before They Move In

Save Money and Time with Your Short-Term Rentals

When you’re renting an apartment, condo, or single-family home, your landlord may or may not require renter’s insurance before signing the lease. Even if your landlord doesn’t require it, however, you may still want to take out this insurance as a precaution against the potentially devastating consequences associated with personal property loss/damage and even the unlikely (yet possible) circumstance in which the residence becomes uninhabitable. Renter’s insurance can be a financial lifesaver in some cases, yet only one-third of renters actually take out a renter’s insurance policy (and many could be doing it solely because their landlord required it). Whereas a vast majority of homeowners have homeowner’s insurance – likely because mortgage lenders require it and some states even have … Read more

Do You Need Travel Insurance for Your Summer Vacation?

quitting job to travel

When booking flights, hotels, and other vacation-related expenses, you may stumble upon an option to purchase “trip protection insurance” or something similar to cover the costs of your transportation and/or accommodations in case your trip is canceled or delayed for a “covered” reason. For airline tickets, this insurance typically ranges from $20-50 per ticket and covers instances related to illness, injury, natural disasters, or other major reasons for canceling or delaying a trip. The problem with travel insurance is that you may already be covered by your credit card company, depending on your card’s unique travel benefits and the fine print in your cardholder’s agreement. So why would anyone purchase the trip protection insurance promoted by airlines during checkout or … Read more

Do You Need Renters Insurance? Here’s What You Need to Know

Save Money and Time with Your Short-Term Rentals

When you’re renting an apartment, condo or single-family home, your landlord may or may not require renter’s insurance before signing the lease. Even if your landlord doesn’t require it however, you may still want to take out this insurance as a precaution against the potentially devastating consequences associated with personal property loss/damage and even the unlikely (yet possible) circumstance in which the residence becomes uninhabitable. Renter’s insurance can be a financial lifesaver in some cases, yet only one-third of renters actually take out a renter’s insurance policy (and many could be doing it solely because their landlord required it). Whereas a vast majority of homeowners have homeowner’s insurance – likely because mortgage lenders require it and some states even have … Read more

Why You Need Disability Insurance

Why you need disability insurance

At some point in your career, you are going to get hurt. It is almost inevitable. Over a third of all Americans will eventually find that they disabled at some point during their careers and unable to work for an extended period of time according to the Social Security Administration. How will you pay your bills? How will you support your family while you are disabled? How long will your emergency fund last you and your family? It is estimated that over 70% of American employees are not covered by some type of private long-term disability insurance plan. That is why you need disability insurance. Why You Need Disability Insurance Becoming disabled either through illness or an accident and being … Read more

Home Insurance Explained to Help Protect Your Largest Asset

Home insurance is an essential expense, given the exorbitant cost of living in this present world. After having to invest heavily in a new house, it is important for homeowners to plan for any unexpected repairs that may be required to ensure the structural stability and usability of the house. It is also equally important to secure personal possessions at all times. There are several types and levels of home insurance spanning coverage for the structure, contents, utilities, natural disasters and so on. The value of the policy varies and is usually based on the nature and extent of cover opted for. While the responsibility of insuring the building or structure largely lies with the owner of the property, insurance … Read more