Understanding Exclusion Clauses in your Life Insurance Policy

All life insurance policies have exclusion clauses that can lead to revocation of coverage. It is important to understand these clauses so that your heirs are not denied the insurance amount.

Material misrepresentation

Material misrepresentation, including intentional falsehoods or omission of important information, would lead to your policy being revoked. This includes factors that the company takes into account while deciding your premium or your eligibility for the policy. In most states, there is an incontestability clause, because of which the company [Read more…]

Apply for Part Time Insurance for Cars Not in Use

Has the recession forced you to start using public transport and avoid driving your car? If yes, then you are one of the many people who have cut down on using their private vehicles in order to save costs on fuel and maintenance. Many families who have multiple vehicles have also stopped using some of their vehicles. [Read more…]

Questions You’ll Be Asked when Buying Auto Insurance

When you are getting motor vehicle insurance, the insurance company would ask you many questions. These questions are not just the basis for refusing insurance cover, but they also determine the premium you have to pay on your insurance policy. Here are some of the common questions asked by motor vehicle insurers and their potential impact on insurance costs. [Read more…]

Think About Insurance Costs when Buying a Car

Most of us think about a lot of factors like engine capacity, horsepower, looks, safety aspects, and most importantly the price, when buying a car. But what we often forget to account for is the insurance cost that we’ll have to pay year after year on the vehicle. [Read more…]

Factors that Affect Your Auto Insurance Cost

Everyone wants to get a low premium on insurance, but it isn’t always possible. Although there are some things that are in your control and can help you reduce your premium, there are many other things, which you can’t do anything about. Either way, it helps to understand which factors are going to impact your premiums so that you can shop smartly around those factors. [Read more…]