Type of Small Business Insurance
If you are starting a small business, you have probably put some thought into business insurance to protect your assets. We found a good article on types of small business insurance that owners may consider. You will not find a one size fits all plan, but some policies are designed to simplify the process for small enterprises, and to come with affordable price tags.
You need to consider your property, like your building and your business car. You also need to consider different types of liability coverage in this lawsuit prone society. Some companies need professional liability insurance, while some will need insurance to protect themselves from damage claims that people make against their products.
Categories: Business Insurance Tags: Business Insurance, commercial insurance
Term Life Insurance For Mid Life and Beyond
Most financial experts will advise clients to choose term life insurance, rather than whole or universal life insurance. Since term is pure life coverage, it is cheaper than whole life, and the rest of the money can be deposited into other investments that will provide a sort of self insurance later.
For 30 year olds, this choice may be a no brainer. But older people find it harder to qualify for term policies, and of course, find that rates are creeping up. If your old term policy has expired, or if you lost coverage from your workplace, you can look into term life insurance for older people. Middle aged people can find some good information on life insurance for over 50. You can still find coverage at age 60 or 65, but are unlikely to find a 30 year term.
Categories: Life Insurance Tags: Life Insurance, seniors, term life
Credit Scores and Insurance
You may, or may not, realize that your credit can affect the amount you pay for some types of insurance! For instance, many major car insurers will not give their best rates to applicants with poor credit, and some will actually refuse coverage for very poor credit! So you can be a great driver with no recent tickets or accidents on your record, but not get the best rates if you have a low credit score.
This article explains credit score, because understanding your credit is the first step to take to improve it. And even though you can do some things to improve your score quickly, it usually takes awhile.
Categories: Car Insurance Tags: credit
Unemployment Payment Protection
Have you given a thought to how you would prepare for a job loss these days? Unemployment figures are still pretty dismal. Freddie Mac, who should know about mortgages in default, reports that the most common reason for a home loan in default is a loss of income too. So with so much at stake, depending upon your income, a little preperation is in order.
Categories: Finance Tags:
