Lloyd’s of London has played a major role in the history and development of the insurance industry. As one of the oldest insurance markets in the world, Lloyd’s pioneered many innovations in insuring risks that helped shape the coverages we have today. The Origins of Lloyd’s in Marine Insurance The origins of Lloyd’s date back … Read more
When applying for various types of insurance, you may wonder – do insurance companies ask for proof of your occupation? The answer is, it depends on the type of insurance and the specific provider. For certain policies like disability or business insurance, verification of your occupation is often required. For other policies like auto or … Read more
Arthritis is a term that describes over 100 medical conditions that affect the joints and surrounding tissues. It results in pain, swelling, and stiffness in the joints that can limit mobility and reduce quality of life. But what is the most common type of arthritis that affects people? Keep reading to learn more. Osteoarthritis is … Read more
Health Savings Accounts (HSAs) allow individuals enrolled in high-deductible health plans (HDHPs) to set aside pre-tax dollars to pay for qualified medical expenses. Many people contribute to HSAs in order to save money for health care costs in retirement. However, your eligibility to contribute to an HSA changes once you enroll in Medicare. This article … Read more
Paying your insurance premiums on time is crucial to keep your policy active and maintain coverage. Insurance companies provide policyholders several options when it comes to how and when you pay your premiums. Below are the main methods of payment for insurance premiums. Modes of Premium Payment The mode of payment refers to the frequency … Read more
If you’ve been injured in an accident that was caused by someone else’s negligence, one of the first steps in seeking compensation is to determine who was at fault. This establishes liability – meaning who is legally responsible for the accident and your resulting damages. When the at-fault party’s insurance company accepts liability, it can … Read more
Hitting a deer can be a scary and dangerous experience for any driver. These unpredictable animals can dart out in front of your vehicle unexpectedly, leaving you with little time to react. The resulting collision often causes extensive damage to your car. After such an incident, one of the first questions on your mind is … Read more
The policy number is one of the most important pieces of information on a Kaiser Permanente insurance card. This number uniquely identifies the member’s health plan coverage. Knowing how to find and use the policy number is critical for accessing care and managing healthcare benefits. What Exactly is a Policy Number? The policy number, also … Read more
When an insurance company decides not to renew your policy upon expiration, this is known as a non-renewal. Non-renewals are different than cancellations, which terminate coverage mid-policy. Fortunately, insurers typically cannot penalize you simply for having a non-renewed policy. However, your rates may still increase with another insurer if the non-renewal was due to high … Read more
You’ve likely had a friend or family member ask to borrow your car at some point. It’s a common favor among people who know and trust each other. But before handing over your keys, an important question arises: Will your car insurance cover the other driver if they aren’t listed on your policy? The answer … Read more