Auto
This covers you in the event another driver does damage to your car where that driver does not have an insurance policy.
What is Uninsured Motorist coverage?
Covers your owned dwelling, whether a house, townhouse or apartment.
What is Homeowners Insurance?
In order to be reimbursed by your healthcare plan, you must submit one. Many healthcare providers will submit it on your behalf. It includes the details of the services you received as well as their costs.
What is a Claim?
This is a type of insurance that will replace earnings when you can’t work due to illness or injury.
What is Disability Insurance?
What is a deductable?
The covers you in the event your car is damaged in an accident.
What is Collision coverage?
This insurance covers your personal property in your leased dwelling. It typically also covers liability if someone is hurt while in your home.
What is Renters Insurance?
What are an HMO and a PPO?
On the event of your death, this type of insurance will pay your beneficiaries a sum of money to help pay for their future living expenses.
What is Life Insurance?
The amount of money you need to pay on a monthly or annual basis for insurance coverage.
What is the premium?
This type of insurance is required to drive car. This type of insurance will pay another driver’s repair costs and medical bills in case of an accident.
What is Liability coverage?
This is a type of dwelling where you have homeowners insurance to cover property, fixtures and liability within you walls. Coverage for the outside and structure of the dwelling is the responsibility of of the association who owns the building.
What is a condominium?
It is a government program that provides those 65 and over with affordable coverage at much lower premium rates than those on the open market.
What is Medicare?
As people grow older, they may find themselves in need of help with their daily lives either at home or in a facility. This type of insurance helps to pay for some of that care.
What is Long-term Care Insurance?
A written agreement between and insurance company and an insured person. It includes details on what circumstances are covered and how much each party is responsible to pay.
What is a policy?
This type of insurance is meant to protect your car from damages and repairs not done by other cars. For example, if a tree falls on your car or theft.
What is Comprehensive coverage?
These will cover damage from events such as floods and earthquakes that are not typically not covered by homeowners insurance.
What are Riders?
It is a government program that provides health insurance coverage to low income families and individuals.
What is Medicaid?
It is a special type of life insurance that has both an insurance and investment component. While you are still alive, you may take a cash surrender value and cancel the policy. Or you may leave it in force throughout your entire life. And when you die, your beneficiaries will receive a payment known as a Death Benefit.
What is Whole Life?
The maximum amount an insurance company will pay for an insured person. It may have separate amounts for specific types of incidents as well as an overall amount.
What is the coverage limit?
Andy Reid, head coach of the Kansas City Chiefs, is famous for saying this phrase over and over again on an All State commercial.
What is Bundlerooski?
You need insurance for this form of dwelling where you own the building and well as the inside.
What is a home?
It is a law enacted during the Obama administration that helps to ensure that individuals can purchase health plans on the open market for a reasonable cost. Depending on income, you may receive a government subsidy.
What is the Affordable Car Act? (a.k.a., Obamacare)
It is a type of life insurance that is only in force for a pre-defined number of years, such as 10, 20 or 30. There is no investment component and thus, no cash surrender value.
What is Term Life?
It is the chance of something happening that would have a negative financial consequence. With an insurance policy, the insured person transfers it to the insurance company, often in part but sometimes in full.
What is a risk?