Archive for the ‘Uncategorized’ Category
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Deductibles explained
Wednesday, August 13th, 2008
Insurance is a contract between you and the insurance company. Like all contracts, it’s give and take. That’s what makes a good bargain. In this case, we’re talking about an auto insurance policy. So, in return for the premium, you’re asking the insurer to pay whatever costs arise from the traffic accidents you get into. […]
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Homeowners — just what are you buying?
Wednesday, August 13th, 2008
The idea is so simple. You pay a premium and the insurance company protects you. Yeh, right! When you go out shopping, you read the labels before you buy, don’t you. Well, the same should be your habit when you’re buying a homeowners insurance policy. Never just use a site like this to get online […]
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A few tips about permanent life insurance
Tuesday, August 12th, 2008
One way of looking at the choice between term and permanent life insurance is as a lease and a purchase. When you take out a term policy, you lease the right to death benefits during the term. When the contract ends, you have no further interest. But when you buy a permanent policy, it stays […]
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How long-term is long-term?
Monday, May 5th, 2008
Because you can be caught in an accident or develop a disabling disease at any age, the question can be academic. A car accident could leave you partially paralysed but otherwise “healthy” for twenty years. A degenerating disease may also take years of slow decline before you finally die. These are not cheerful thoughts but […]