Master Your Personal Finances. Build True Wealth. Live A Better Life.
If you have been injured and someone else caused the accident then you may be able to claim compensation, not only for the injury you have suffered but also for additional losses that you have incurred. If you are not a legal or insurance expert, however, knowing how to get the best financial result is [...]
There are only a handful of ranking factors that determine your renters insurance rate, as opposed to car insurance where the are around a dozen. Nonetheless, it’s always a good idea to know exactly what the carriers are looking at behind the scenes when they come up with all those policy rate numbers. CoverHound has [...]
There are many ways to save money when shopping for home insurance. Before deciding on a homeowner’s policy, try to look at the amount of coverage provided as well as any discounts there may be. It’s important not to just choose the first one you come across. The rates between companies can differ a considerable [...]
What is Whole Life Insurance? Whole life insurance is a form of permanent insurance that also builds up a cash value. It provides permanent protection for the insured person’s entire life. There are 5 common types of permanent life insurance policies; whole life, variable life, universal life, and variable universal life. Whole life insurance contracts [...]
When I was younger, I believed that insurance was a scam. After my long journey learning about all aspects of personal finance, I realized I was wrong. You see, each and every person has an economic value for their life. Just think about how much money you will earn in a lifetime. This economic value [...]
Are you looking to purchase life insurance but are confused as to what product is right for your specific situation? If so, don’t fret! I will be writing a series of blog posts describing the different forms of life insurance products available. The topic of this blog is Return of Premium Term Life Insurance. What [...]
As you probably know, a structured settlement is a rather popular financial agreement implying a monetary compensation paid by an insurance company to an injured person over a certain period of time, rather than in a single lump sum. It typically results from personally injury cases, such as auto and moto accidents, medical malpractice, wrongful [...]
Do you know your net worth? If you are like most people, the answer is no. But it is very important for people to know their net worth because so much of your financial life is dependent on it. For example, how do you know how much auto insurance coverage or Homeowners/renters insurance coverage you [...]
Use it or lose it! A Flexible Spending Account also known as an FSA is a financial account that can be set up through a cafeteria plan from your employer in the United States. An FSA allows the employee to set aside pre-tax dollars that can be used for medical expenses, dental care, child care [...]
When purchasing and financing a home, mortgage companies require borrowers to buy home owners insurance to protect the lender as well as the home owner. In 2009 I purchased the home I live in now; so naturally, I called my insurance agent and added the Home Owners Insurance policy to my current auto, umbrella, and [...]
