Understanding the Basics: Types of Life Insurance and How They Work
Posted: August 5, 2025
Life insurance is a cornerstone of a sound financial plan. It helps protect the people you care about by providing financial support in the event of an unexpected occurrence. Beyond that, some policies offer additional benefits you can use during your lifetime. Whether you’re just starting a family, buying a home, or preparing for retirement, understanding how life insurance works can help you make confident...
Exclusions in Business Insurance Policies: What’s Not Covered?
Posted: August 4, 2025
When purchasing business insurance, many policyholders focus on what is covered. But just as important is understanding what is not. These uncovered situations, known as exclusions, can leave your business vulnerable if you’re not careful. Knowing how exclusions work can help you choose smarter coverage and avoid costly surprises. What “Exclusion” Actually Means An exclusion is any situation, condition, or type of damage your insurance...
Managing Premiums: Tips for Getting Lower Personal Insurance Rates
Posted: August 1, 2025
Insurance is vital to protecting the value of your home, car, and other personal assets. That doesn’t mean that the premiums should break the bank! Whether you’re trying to lower your monthly expenses or want to ensure good value, understanding what drives the cost of your premiums is the first step. Let’s take a closer look at how personal insurance rates are calculated and what...
Choosing Your Life Insurance Beneficiary
Posted: July 22, 2025
Selecting a beneficiary for your life insurance policy is a decision that demands careful consideration. As your choice determines who will receive the funds when you pass away, it is a critical factor in financial planning. The following information can help you make an informed decision. What Is a Beneficiary? A beneficiary is the person or entity you designate to receive the death benefit from...
Will My Homeowners Insurance Cover My Home Business?
Posted: July 19, 2025
Running a business from the comfort of your home is incredibly convenient, but it also raises questions about insurance coverage. While homeowners' insurance can offer some protection, it may not fully cover home-based business activities. Understanding the limitations of your policy and exploring additional coverage options to help protect your business from unexpected losses. What Are the Limitations of Homeowners Insurance? A homeowners' insurance policy...