Almost a third of Americans are obese, according to the Centers for Disease Control and Prevention. Obesity not only affects quality of life, but it also increases your risk of experiencing heart disease and diabetes, along with some types of cancers, and ultimately, early death. Besides these things, obesity also costs you more. All the...
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4 Ways To Use Life Insurance for Charitable Giving
Life insurance does more than protect families from the financial costs of a breadwinner’s untimely death. It can also help individuals make a substantial bequest to a favorite charitable organization and possibly enjoy a tax break as well. There are several ways life insurance can help you make a donation to a cause you believe...
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Critical Illness Insurance Insures More than Just Your Health!
Dr. Marius Barnard, brother of pioneering heart surgeon Christiaan Barnard, introduced critical illness insurance in South Africa in 1983 after seeing the financial hardships costly medical treatments caused his patients. He reportedly said that, as a doctor, he could repair man’s body but only an insurer could repair his finances. Since its introduction in 1983,...
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How To Protect Yourself from Dog Bite Liability Claims
The Insurance Information Institute (III) reported that dog bite liability claims cost an average of $27,862 in 2013. If you own one or more dogs, do you have the insurance coverage to protect you from dog bite liability? He may be man’s best friend, but dog bites account for one-third of all homeowners insurance liability...
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End-of-Life Planning
Nobody likes to think of their eventual demise and end-of-life planning, but having the proper arrangements and finances in place can be a final act of love for your family. The need to plan and pay for a funeral can come up suddenly, while settling an estate can take many months. Ensuring you have the...
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Nine Ways to Save on Homeowners Insurance
For most Americans, their home represents security, as well as their biggest financial asset. The cost of insuring a home averaged $1000 in 2013, reported the Insurance Information Institute. What you pay could vary greatly from the average, depending on the value of your home and its contents and various risk factors. However, no matter...
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How Are Your Auto Rates Calculated?
Most people know that having a car accident can affect the price of their auto insurance. However, insurance companies use many factors to determine what they charge, and some of those factors may surprise you. Knowing what determines your premium could help you save money. Auto insurance premiums are determined by two factors: underwriting and...
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Insurance For Your Property in Storage
Too much stuff? Almost 9 percent of American households rented a self-storage unit in 2012, up from 6 percent in 1995. Before joining them, be aware that you, as the lessee, remain responsible for loss or damage to everything in your unit, unless your rental agreement specifies otherwise. The contents coverage section (Coverage C) of...
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Beware “Zero Premium” or “Stranger Originated” Life Insurance
State insurance departments are warning citizens to beware so-called “zero premium” or “stranger originated” life insurance arrangements. If you receive such an offer and it sounds too good to be true, it could be. Sellers of zero-premium life insurance might refer to it by other names, such as investor-owned life insurance or stranger-owned life insurance....
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Do You Need Travel Insurance?
Foreign travel checklist: Passport – check. Visa – check. Airline tickets – check. Hotel reservations – check. Health insurance coverage – ??? Any foreign travel requires some planning. Since nothing can ruin a trip faster than an accident or unexpected illness, don’t forget to check how your health insurance coverage applies outside the U.S.! Generally,...
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