If you’re shopping for business insurance, you’ll likely come across both insurance carriers and insurance brokers. But what exactly is the difference between an insurance carrier and a broker? While they both play important roles in the insurance industry, carriers and brokers serve very different functions. Understanding how they differ is key to determining the … Read more

Life insurance and death insurance are often used interchangeably, but there are some key differences between the two. While both provide financial protection for loved ones after someone passes away, they have different policy structures, benefits, and limitations. Understanding the distinctions can help you choose the right type of coverage for your needs and budget. … Read more

Purchasing life insurance is an important part of financial planning. It helps protect your loved ones in case of your unexpected death. Many people get by with just one life insurance policy. But there are situations where having more than one policy can be advantageous. Is It Possible to Have Multiple Life Insurance Policies? Yes, … Read more

Sun Life is one of the largest and most trusted insurance providers in the Philippines and worldwide. As a policyholder, it’s important to understand your responsibilities, including paying your premiums on time. This article will provide an in-depth look at late payments with Sun Life and the potential impacts. Overview of Sun Life Sun Life … Read more

Adverse selection is a significant risk for insurance companies. It occurs when high-risk applicants are able to obtain insurance coverage at rates that do not match their level of risk. This results in the insurance company taking on more risk than they anticipated. Fortunately, insurance companies have strategies to protect themselves from adverse selection. What … Read more

Having a bright, white smile can give you a big confidence boost. Teeth whitening strips are a popular over-the-counter option for whitening your teeth at home. But can these strips be paid for with a health savings account (HSA)? Let’s take a closer look at whether teeth whitening qualifies as an HSA-eligible expense and specifically … Read more

LPPO and RPPO are two types of Preferred Provider Organization (PPO) health insurance plans. PPO plans allow members flexibility in choosing healthcare providers while still having access to discounted in-network rates. LPPO and RPPO plans offer regional or local provider networks respectively. PPO Health Insurance Overview Before diving into LPPO and RPPO specifically, let’s first … Read more

Federal Insurance Company has a long and storied history that is indeed intertwined with Chubb, one of the world’s leading property and casualty insurance companies. While they operate as separate entities today, their origins reveal an undeniable connection. The Beginnings of Federal Insurance Company Federal Insurance Company was founded in 1901 in Jersey City, New … Read more

Health insurance can be confusing, with many different plan types using terms that all sound similar. Two options you may come across are PPO and Choice Plus plans. Although they have some overlap, there are key differences between PPO and Choice Plus that impact costs, provider choice, and how you access care. This comprehensive guide … Read more

Finding home insurance can be a frustrating experience if you own a high-risk property that insurers consider too risky to cover. If you are struggling to find basic homeowners insurance for your house, there are still several options you can explore. In this comprehensive guide, we will cover: Why Insurers May Decline Home Insurance Tips … Read more