Tag: Insurance
What is Automatic Proportional Reinsurance?
Automatic proportional reinsurance is typically based on the agreement between the primary insurer and the reinsurer to split the premiums, expenses, and losses in...
What is Universal Life Insurance?
Universal life (UL) insurance is like every other permanent insurance that offers a cash value element and lifetime coverage, provided you keep up with...
Broad Form Insurance: What It Is and What It Covers
Broad form insurance is sought after by business owners, organizations, and individuals who seek robust protection against a wide range of potential risks and...
Bodily Injury Liability Insurance: What It Is and What It Covers
Having substantial knowledge about bodily injury liability insurance is essential for every driver. If you find yourself in a situation whereby you’re at fault...
What is Medical Payments Coverage (MedPay)?
Medical payments coverage, also known as MedPay, is a type of coverage that helps to cover medical expenses and funeral costs in an accident,...
Can Married Couples Have Separate Car Insurance?
While it is not necessary for married couples to have separate car insurance, there are situations that may warrant couples having separate car insurance....
Does Renters Insurance Cover Pet Damage?
It is no longer news that animal-related accidents are part of the common occurrences we experience globally, especially accidents caused by pets in the...
Does Car Insurance Cover Snow & Ice Damage?
If you’ve been wondering whether car insurance cover snow and ice damage, you’re not alone. A lot of people ask if car insurance is...
Schengen Travel Insurance: What It Is and What It Covers
Securing Schengen Travel Insurance is one of the gateways to exploring the beautiful scenery in Europe. When we mention Schengen travel insurance, what comes...
Income Protection Insurance
Income protection insurance:Let’s say you are the only source of income in your family. When working at full capacity, your life and family are...