Get answers about homeowners insurance. Mortgage protection insurance (MPI) provides a way for families to keep their home in case of an unexpected tragedy. MPI is basically a term life policy with a few differences. MPI is easier and quicker to get. It is decreasing term, meaning its benefit amount declines over time. Also, the […]
Get answers about life insurance. Life insurance is something that nearly all entrepreneurs should have. If you have a family, it will help ensure they are taken care of, but even if you don’t, a life insurance policy can help your business partners keep the business running in the event of your death. You can […]
There are significant pitfalls lurking in the world of income-generating annuities. In one especially sad case, the sister of a young man with Down’s Syndrome made the mistake of buying annuity products that her brother most likely wouldn’t live long enough to collect any money from. These kinds of annuities are a very poor match […]
Questions about homeowners coverage? Aaron Cole and his family lost $123,000 — their entire down payment for a $440,000 house — when Aaron fell for a scam email that purported to be from WFG National Title Insurance Company. The email, which included a lot of real information about the sale and looked authentic, gave Aaron […]
Questions about mold coverage? Mold can cause health hazards and it is often costly to remove. In general, your homeowner’s insurance will only cover the cost if it is the result of a peril that is covered under your current policy. For example, most policies cover damage from a burst pipe, so if this happens […]
Home flooding can be a disastrous occurrence. Even worse is the fact that while homeowners insurance covers minor flooding caused by things like frozen pipes or broken appliances, it is unhelpful for storm flooding. For that, you will have to purchase flood insurance. A similar situation occurs if your external sewer system backs up into […]
Universal design is a new type of architecture used to create homes that are suitable for all ages. Senior citizens often have to purchase new homes because stairs, narrow hallways, and crowded bathrooms become hazards. Universal design is focused on accessibility and features like waist-level appliances, walk-in showers and bathtubs, integrated ramps or lifts, and […]
When looking for insurance for your motorcycle, there are some things to consider. You need to consider how you and any passenger would be covered in case of an accident. How much coverage you can afford may depend on your bank account, but you should search for any discounts that you can apply. Another thing […]
There are five main things that homeowners need to do in order to maintain their houses. First is to clean your gutters every spring and fall. Second is to inspect your HVAC system. It is best to hire a professional for this. Third, maintain your plumbing system by cleaning out the build-up of gunk and […]
While reverse mortgages can sometimes provide seniors who cannot work with a steady income, they can also cause problems or even result in the eviction of family members following the main borrower’s death. If a borrower is forced to move out for medical reasons, they (or their families) must repay the amount borrowed or sell […]