Casualty Insurance is a type of insurance that covers losses and liabilities that is the direct result of an accident. Although this type is quite broad in coverage, it generally excludes life, health and property insurance policies.
Read Full Entry
Thinking of buying a new car? Are you looking at the red convertible or that big van where you can ride with your family in? If you have chosen which one to buy and the auto loan deal is set, what will happen if your car gets into an accident especially in the first few months off the lot? Not everyone knows that once you drive your car off the dealer, the market value of your car could be 20-30% lower than its actual price. Say for example you got a $30,000 vehicle. After a month, you got into an accident and your car is a total wrecked. The most you have paid for your car loan is one month and the amount you still have to pay is near the actual value. Your auto insurance even with a full coverage will only pay you the current market value of the vehicle which has already depreciated to about 20-30%. You will now be stuck in paying the rest of your loan amount.
Read Full Entry
There are different types of insurance policy that a person can choose from to cover almost anything imaginable. Protecting your assets is of utmost importance and choosing the right kind that would benefit you the most will go a long way. Here are five insurance policies that you must have at least at one point in your life.
Read Full Entry
Malpractice is defined as an improper or negligent treatment of a patient by a healthcare professional, resulting in damage, injury or loss. However, malpractice is not confined only to healthcare professionals like doctors, nurses, and surgeons. Lawyers, architects, engineers and even accountants are also prone to malpractice. For these professionals, getting malpractice insurance is one way for them to protect themselves from liability claims by patients or clients.
Read Full Entry
The financial crisis in the United States today and the news that one of the biggest insurance company is on the brink of financial ruin, policyholders are now wondering what would happen to their insurance needs.
Read Full Entry
