Talking About Insurance

  Home insurance , also known as homeowner’s insurance, is a type of insurance that provides coverage for your home and personal belongings. It is designed to protect you financially in the event of a loss or damage to your home due to unforeseen events such as fire, theft, or natural disasters. What Does Home Insurance Cover? Here are the two main coverage; Property coverage: This type of coverage pays for damage to your home and personal belongings caused by a covered event. This includes damage from fire, theft, vandalism, and certain types of natural disasters. Liability coverage: This type of coverage protects you financially in case someone is injured on your property and sues you for damages. It can also cover damage caused by you or a member of your household to someone else’s property. What Are Home Insurance Policies? Basic or standard policies: These policies provide coverage for the most common types of damage, such as fire, theft, and certain types of natural disasters...

  What is Auto Insurance?  Auto insurance is a type of insurance that provides financial protection for drivers and their vehicles in the event of an accident, theft, or other types of damage. It is a legal requirement in most countries to have some form of auto insurance coverage in order to legally operate a vehicle on public roads. Auto insurance typically provides coverage for a variety of risks, including liability for any damage or injury caused to other people or their property, as well as coverage for damage or loss to the insured vehicle. Auto insurance policies can vary in terms of the types and levels of coverage provided, as well as the cost of premiums, which is often determined by factors such as the driver’s age, driving record, and the type of vehicle being insured. Shopping Your Car insurance? What Should Be The Question To As Ask The Agent Or Broker? From my experience as an insurance broker. Nine out of ten, the number one question client always ask when sho...

  What is Travel Insurance? Travel insurance is a type of insurance that is designed to protect travelers from financial losses and risks that may arise during their trip. It typically covers unforeseen events such as trip cancellation or interruption, medical emergencies, lost or stolen baggage, and other related incidents. Travel insurance can be purchased either as a standalone policy or as part of a package that includes other travel-related services. The cost of travel insurance varies depending on the coverage and the length of the trip. Some policies may also have exclusions or limitations, so it is important to carefully read and understand the terms and conditions before purchasing. Having travel insurance can give travelers peace of mind and financial protection in case of unexpected events that may disrupt their trip. It is particularly recommended for international travel where medical treatment and other expenses can be much higher than in one’s home country. Why BUY...

  Life insurance is a type of insurance policy that provides a lump sum payment or regular income to beneficiaries upon the death of the insured person. The purpose of life insurance is to provide financial security for the insured person's loved ones, particularly in the event of their unexpected death. The policyholder typically pays a regular premium to the insurance company, and in return, the company promises to pay out a death benefit to the beneficiaries named in the policy. The amount of the death benefit can vary depending on the type of policy and the amount of coverage purchased. There are several types of life insurance policies, including term life insurance, whole life insurance, and universal life insurance. 1. Term life insurance Term life insurance is a type of life insurance policy that provides coverage for a specified period of time, such as 10, 20, or 30 years etc. If the insured person dies during the term of the policy, a death benefit is paid to the bene...