Life Insurance Corporation (LIC) of India is the country’s largest life insurer. Most Indians invest in LIC policies as they offer guaranteed returns along with life cover. One of the key benefits of LIC policies is the bonuses they accrue over time. But can policyholders withdraw these bonuses anytime they want? Let’s find out. What … Read more

CoreSource is a subsidiary of Trustmark, a large insurance and benefits company based in Illinois. CoreSource offers a range of health insurance administration services and products focused on employers. Below is an overview of the types of insurance and services that CoreSource provides. About CoreSource CoreSource is a benefits administration and healthcare management company headquartered … Read more

UnitedHealthcare and Freedom Life Insurance Company have an affiliation through their parent organization USHEALTH Group. Freedom Life Insurance operates as a subsidiary of USHEALTH Group, which is a UnitedHealthcare company. While this relationship exists, it’s important to understand the structure and operations of each company. This article will explain the connection between UnitedHealthcare, USHEALTH Group, … Read more

PAC stands for Premium Allocation Charge. It is an important term to understand when purchasing a life insurance policy, as it can impact your premium amount and the allocation of your funds within the policy. In this comprehensive guide, we will explain what exactly PAC is, how it works, and things to keep in mind … Read more

Cal COBRA (California Continuation Benefits Replacement Act) allows you to continue your group health coverage after experiencing a qualifying event like job loss. But does this continuation coverage include dental and vision benefits? The answer depends on your specific situation. An Overview of Cal COBRA Cal COBRA is a California law that provides continuation coverage … Read more

Having an LIC policy that is nearing maturity? Want to check the maturity amount online without visiting an LIC branch? With LIC’s online facilities, you can easily find out your policy’s maturity details from the comfort of your home. This comprehensive guide will explain the step-by-step process to check your LIC policy’s maturity amount online. … Read more

Mold can be a headache for homeowners. If left unchecked, it can cause extensive damage to your home. So does your USAA homeowners insurance policy cover mold? The short answer is yes, USAA homeowners insurance can provide coverage for mold damage under certain conditions. In this article, we’ll explain exactly how USAA covers mold, key … Read more

A matured endowment is an endowment life insurance policy that has reached the end of its predetermined coverage period. When an endowment policy matures, the policyholder receives the guaranteed lump sum payout from the insurance company. What is an Endowment Policy? An endowment policy is a type of life insurance that provides both a death … Read more

Property and casualty insurance provides protection against loss or damage to property as well as legal liability. Homeowners insurance, auto insurance, and business insurance are all common types of property and casualty coverage. The process of evaluating risks and determining appropriate premiums for property and casualty policies is known as underwriting. Below we’ll explain exactly … Read more

Insured Declared Value (IDV) is a key component of car insurance that represents the insurer’s maximum liability in case of total loss or theft. As a car ages, its IDV decreases due to depreciation. This article provides a detailed overview of how IDV decreases annually based on IRDAI’s depreciation schedule. What is IDV in Car … Read more