When researching business insurance policies, you may come across terms like “general aggregate” and “umbrella coverage” used in relation to liability protection. But what do these terms actually mean, and are general aggregate and umbrella coverage referring to the same thing? The short answer is no – general aggregate and umbrella are two distinct concepts … Read more

Preferred provider organizations (PPOs) have become a popular type of health insurance plan in the United States. PPOs give members flexibility in choosing healthcare providers while still receiving coverage from their insurance. But not all PPOs are created equal. If you’re looking for a large, established PPO network, then MultiPlan is the one you need … Read more

Getting notice that your insurance policy is being canceled can be stressful and disruptive. But policyholders have certain rights when it comes to cancellation notices. States regulate the minimum notice periods that insurance companies must provide before terminating coverage. Understanding how much advance warning your insurer is required to give can help you avoid surprises … Read more

When it comes to Medicare, you have choices beyond basic Original Medicare. Two popular options are Medicare Supplement (Medigap) plans and Medicare Advantage plans. But what exactly is the difference between these supplemental coverage choices? Read on for a detailed overview comparing Medicare Supplement vs. Medicare Advantage plans. What are Medicare Supplement and Medicare Advantage … Read more

Life insurance plays an important role in financial planning for many individuals and families. It provides a tax-advantaged way to leave an inheritance, fund estate taxes, support dependents and more. A common strategy is transferring ownership of an existing life insurance policy to an irrevocable life insurance trust or another party. But does transferring a … Read more

Insurance policies can be purchased either online or offline. While the core coverage is the same, there are some key differences between online and offline policies that consumers should understand. This article will provide an in-depth look at how online and offline policies differ in terms of: How they are purchased Available support Policy customization … Read more

Term life insurance is a popular option for many people looking to get life insurance coverage at an affordable price. However, term life insurance does have some notable limitations that consumers should be aware of before purchasing a policy. This article will examine the key drawbacks and restrictions of term life policies so you can … Read more

Medicare Part B covers medical services like doctor visits, outpatient care, home health services, and durable medical equipment. Most people eligible for Medicare are automatically enrolled in Part B. The standard monthly premium that enrollees pay for Part B coverage is set annually by the Centers for Medicare & Medicaid Services (CMS). So what will … Read more

Buying motor insurance for your vehicle is mandatory by law in India. When purchasing motor insurance, you will come across two common terms – TP and OD. These refer to the two basic components of any motor insurance policy – third party liability cover and own damage cover. Understanding what TP and OD in motor … Read more

The claim amount is one of the most important aspects of an insurance policy. But what exactly does it mean? This comprehensive guide will explain everything you need to know about insurance claim amounts. What is a Claim Amount? The claim amount refers to the money paid out by an insurance company to the policyholder … Read more