Many people didn't realize that they purchase insurances with same kind of coverage. Most of them didn't read the policies thoroughly so they end up having similar coverage. This similar coverage can be eliminated to save more money for savings. Here is the example coverage that have similar type. By reading your existed policy thoroughly, you can avoid waste money for similar coverage. Individual and Group Life Insurance Purchasing life insurance means protection for the...

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People may think health insurance is not that important for them who have good health record. However, for others, having no health insurance is quite risky and medical bills can be burdensome. There are several reason why people opt to not covered in health insurance. The biggest reason is health insurance is not cheap. Insurance company acknowledge this, therefore they provide some alternative health coverage in certain area like prescription drug or hospital bills. You...

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Some people say this, the others say that. "Don't do that!" but the someone else says that's fine. It's kind of frustrating to understanding all the rule in car insurance, in addition there are tons buzz about car insurers. Make sure you read this. My car's color affect my premium The fact is insurance company do care about your car model and type, year, body, engine and how you take care your car. Well, they...

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Insurance is a quite easy target of scams. Many insurance company become fraud victims with total amount up to billions dollars per year. With this condition, they make a preventive step by increasing premiums to cover "fraud cost". Increasing premium is not ultimate solution to prevent scams. Therefore, they have fraud detection departments which is in charge for preventing fraud and calculate money paid out for false claims. False claim and excessive risk which is...

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Employers usually offer group term life insurance for their employee. The employers are required by law (while some state might not require) to provide a basic amount of life insurance in group without burdening their employees financial. They also offer their employee to purchase additional coverage for their spouse and/or children by reducing their salaries to pay the premium.  The amount in group life insurance coverage plan varies and differ depends on employee's position. Managerial...

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If you are a college fresh graduate, unemployed, self employed, retired and so on, you might need a private health insurance. The reasons are: As a college fresh graduate, you are already ineligible to be covered by your college's health insurance plan. You are also not qualify to be covered by your parents' policy anymore because your age.  As an employer, you may or not required to provide a health insurance plan, if not at...

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Health insurance is one of the most important insurance type a person should have. It is really important decision since it involves health issues and money saving, possibly. Enough said, these are things you should avoid when you are about to purchase health insurance. Give Too Much Attention to Premium And Deductible If you are planning to purchase health insurance, please pay attention to additional coverage and cost. Do not stuck on premium and deductible...

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Not everyone has health insurance, especially in the United States. Although the number of uninsured has dropped since the implementation of Affordable Care Act (ACA) which giving subsidies on healthcare plan, many Americans still choose not to apply or having healthcare plan. Many citizens are not qualified for healthcare subsidies, although many others are qualified, they opt to not participate in government healthcare plan. Moreover, some employers change their benefit program which cause financial difficulties...

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When your insured car is damaged from an accident, the insurance company will pay the car's value, in other words the will pay their own "estimated value". Although you are free to use the money, whether using it purchase a new one or paid the car's installment, most people find it frustrating that insurance company usually underestimate your car value. They often lower the car's value than you expected, moreover the amount is not enough...

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