Term of the Day

Group Universal Life Insurance

A group universal life insurance policy is a universal life insurance policy that is purchased for more than one person. These policies are usually purchased by businesses who are looking for a way to (Read on)

Past Terms: Automatic Premium Loan ProvisionInsurance Information InstituteAssistive Technology

6 Reasons You Need Renter’s Insurance

You might think that renting your place and not owning much means that you don't need insurance. Think again! Here are six reasons you should get renter's insurance today.
An Introduction to Cyber Insurance for Businesses

If you own a business, there is no way to make the confidential information you store and process on your computers entirely safe from cyber attacks. Cyber insurance coverage provides protection in the event of a breach. Read this article to learn more.
Do You Need an Endowment Insurance Policy?

Investing in a product that combines savings and life insurance seems sensible, but it's not right for everyone. Read this article to learn more about endowment insurance policies and whether they suit your needs.
An Intro to Insurance Sublimits

Some items you own may not be covered for the full amount listed on your insurance policy. Find out how insurance sublimits affect your coverage.
A Look at Credit Insurance

Purchasing credit insurance helps you manage the risk of defaulting on loan payments. Find out about the main types of policies available.
Boat and Watercraft Insurance: The Basics

If you own a small boat, you likely need an insurance policy to cover it. Find out why you should get coverage for your boat and what you need to know when shopping for a policy.
An Overview of Commercial Group Life and Health Plans

Choosing the right commercial group life or health insurance plan can be a challenge for small business owners. This overview of the most common group benefit options will help you make the right choice for your business and your employees.
The Top Insurance Company Accounts Consumers Love to Follow

Insurance industry Twitter accounts aren't just informative; they can be fun and entertaining, too. Check out these top insurance company accounts consumers love to follow to see what we mean.
4 Signs You Need Long-term Care Insurance

Unlike many types of insurance, long-term care insurance is not a necessity. But that doesn't mean you should do without it. Find out what are the signs that you should consider purchasing a suitable policy.
Auto Liability Insurance: How Much Is Enough?

Auto liability insurance protects you in the event of injury in a car accident. Read this article to understand what is covered and how much insurance you need.
How to Collect a Life Insurance Payout

Life insurance payouts can be very important for stabilizing finances after the death of a loved one. This article goes over the key steps to collecting a life insurance payout quickly.
CLUE Yourself In: How Your Claims History Informs Your Insurance Future

Your claims history is a major factor in your insurability. Read this article to understand its importance and what you can do to ensure that your claims history is error-free.
9 Key Homeowners Insurance Terms You Should Know

With knowledge comes the power to properly insure your home. Learning these nine key terms will help you find the perfect policy to protect your home.
Life Insurance: Are Accidental Death Clauses Necessary?

Accidental death clauses increase premium costs as well as the death benefit for valid claims. Find out whether you should purchase one with your life insurance policy.
Do You Need an MRTA Policy?

Taking out a mortgage is a major milestone and financial burden. Though mortgage reducing term assurance may seem like a lifesaver, not everyone actually benefits from it. Find out whether you do.
Personal Property Floaters 101

Your homeowners' insurance protects your home and belongings, but it still may leave you at risk for substantial financial losses. Find out how personal property floaters can round out your risk management strategy.
Top Tips for Getting Full Protection from Your Auto Insurance Coverage

You need coverage for your vehicle, but what kind and how much? This overview of the types of automobile insurance options available will help you make the right decision and get the protection you need.
Why It's Not a Good Idea to Switch Insurance Companies Every Six Months

Insurance offers can be tempting, but there are good reasons to stick with your current provider instead of jumping ship for a better deal. Find out why in this article.
Condo Insurance 101

Condominium insurance provides specially designed protection when a homeowners or renters insurance policy wouldn't quite do. Learn more about it here.
Top Home Insurance Feeds to Follow on Twitter

Need news and information about the home insurance industry? Check out our list of top home insurance Twitter feeds to follow.
View All

An administration bond is the financial security that courts require from administrators of an estate before allowing them to distribute the assets of the deceased. Read more

Aircraft hull insurance provides coverage for the physical damage of an airplane, whether the damage occurs on the ground or in flight. The coverage includes all Read more

Asset valuation reserves (AVR) are financial resources kept by a company for future use, especially in relation to unforeseen financial difficulties. Insurance Read more

Collateral bond refers to the act of borrowing money with the borrower offering an asset or a property as a security measure for the lender. If the borrower fails Read more

A deferred compensation plan is a plan in which a portion of an employee's income is set aside for a later purpose, usually retirement. The accumulated income will Read more
View All

Connect with us