What You Need To Know About Insurance

What do you need to know about health insurance?

What You Need to Know About Health InsurancePremium: A premium is a fixed amount you pay to your insurance plan, usually every month. ...Deductible: If you need medical care, a deductible is the amount you pay for care before the insurance company starts to pay its share. ...Co-payment: A co-payment is a fixed amount you'll pay for a medical service after you've met your deductible. ... More items...

What you should know about life insurance?

Typically, life insurance is chosen based on the needs and goals of the owner. Term life insurance generally provides protection for a set period of time, while permanent insurance, such as whole and universal life, provides lifetime coverage. It's important to note that death benefits from all types...

What should you know about title insurance?

Title Insurance is a form of indemnity insurance, which protects owners and mortgage lenders against financial loss resulting from challenges or defects in the title to real estate. Prior to the transfer of ownership, a satisfactory title examination is required to issue the policy.

What you should know about auto insurance?

Auto insurance companies use many different criteria when evaluating an insurance application during a process called underwriting. Each car insurance company has many guidelines regarding which groups of drivers they want to accept and how much they will charge those groups they consider a greater risk.