Whether you already have a life insurance policy in place, or you're looking for a life insurance policy that's right for you, there are a few things you should consider when it comes to naming your policy's beneficiary. Below is a helpful list, which contains dos and don'ts when it comes to naming a beneficiary and how following the proper procedures can decrease the stress for you and your family.
Given that the majority of lenders today will usually require full-coverage insurance when you have financed your vehicle with them, it can be shocking the first month to find out how much extra money you have when your vehicle is paid off. When that happens, it is tempting to lower your insurance to the amount of coverage required by your state. However, before doing so, it is best to assess your current and immediate circumstances before making any major changes.
Many factors in a life-insurance quote, such as your age and gender, may not be under your control. However, there are some steps that you can take before signing up for life insurance to make sure that you're getting the best deal possible.
Make Sure You Don't Have Health Risk Factors
Your insurers will look at your overall health habits when determining a rate. Do you smoke or overindulge on alcohol?
When purchasing an auto insurance policy, there are many features that you must include, such as liability coverage that will protect another vehicle, property, or person injured or damaged when you were the cause of an auto accident. However, aside from the basic coverages, you should also double check that your insurance covers the following four things:
Windshield Damage Coverage: At any point, your windshield can easily become damaged. Small rocks can easily chip the windshield and it is illegal to drive with any kind of crack or chip in the windshield.
With ride sharing becoming more popular recently with companies like Lyft and Uber, people are looking to make extra income by taking to the roads on nights and weekends to pick up passengers for extra cash. Unfortunately, an important thing to consider in your new side business is how it can impact your car insurance. Make sure you find out the answer to these things before you start driving.
When Does The Ride Share Company Start Offering Insurance Coverage?