Contrary to what the industry wants you to believe, we do not consider insurance products as investment — instead they are expenses with the specific purpose of managing your risk and that is why we group this together with the broader topic of risk management under expense management. Additionally, check out these related sections: budgeting, smart spending, and taxes.
Insurance and Risk Management is a subsection of expense management.
In an increasingly litigious society, it can be scary to think what might happen if you are responsible for an accident, and then are sued. It’s true that your insurance policy probably has liability coverage, but […]
Are you about to lose your job and access to health insurance? Are you unsure of when your insurance runs out? Or has the Human Resources department handed out a pamphlet on COBRA? Understanding how you […]
If you want to ensure that your family is protected when you pass on, life insurance is essential. Life insurance provides your beneficiaries with money that can be used to supply the loss of your ability […]
Soon after you purchase a home using mortgage financing you will start to receive unsolicited letters in the mail from your financing company’s “partners”. Somewhere in that fine print of your mortgage paperwork you agreed to […]
Health insurance cost have been on the rise for decades and there is no sign that will stop anytime soon. The Federal government is worried about how to fund programs like Medicare and Medicaid, and employers […]
There is a constant battle within the financial community between permanent life insurance and term life insurance. Most individuals are best served by inexpensive term life insurance policies that are straightforward: pay a premium, receive a […]
Insurance is great financial product to spend money on. In an ideal situation you have insurance on your car, your home, your life, your health, and over your risk of disability. You are wise to invest […]
When you talk with a lender about getting a mortgage on a home, one of the requirements you will discover is the need for homeowners insurance. This insurance covers your home in the event it is […]
Homeowners have their home insurance, but what about renters? Just because you are a renter, it doesn’t mean you should not have the same kind of protection that homeowners enjoy. Renters insurance is an inexpensive yet […]
The insurance industry permeates all manner of media: television, radio, magazines, mailers to your house, and outdoor billboards are covered in advertisements convincing you that switching to the next company will save you hundreds of dollars […]