Tag: Insurance
Commercial Package Policy
A Commercial Package Policy (CPP) is very similar to a personalized toolkit for businesses, offering a different range of insurance coverages in just one...
What Is a Collision Deductible Waiver
Sometimes, accidents that occur are not our fault. When accidents happen, we get covered by our collision coverage to make the payments for repairs...
What is a Disappearing Deductible
A disappearing deductible is a reward drivers often get from car insurance companies. It is usually offered as a benefit to safe drivers. Disappearing...
What Is an Irrevocable Beneficiary
Life insurance policies offer payouts generally known as death benefits, which are offered to your beneficiaries, usually your loved ones, after you pass away....
What Is a Reciprocal Insurance Exchange
Reciprocal insurance exchange is a form of insurance organization where businesses and individuals exchange insurance contracts and share the risks connected with those contracts...
What Is A Pet Insurance Waiting Period
Pet insurance is made to cover pets in times of unforeseen expenses such as illness and accidents. When you purchase a policy for your...
What is a Hammer Clause
A hammer clause, also known as a blackmail clause. This is a component of a life insurance policy that gives insurance companies the right...
What Is a Named Perils Policy
When you want to purchase homeowners insurance or commercial property insurance, you will have to choose between a named perils policy or an all-risk...
What is a Lapse In Insurance Coverage
You may have come across the phrase “a lapse in insurance coverage” while changing insurers or when you miss payments on your continuous car...
Self-Employed Insurance – What You Should Know
Whether you work as a freelancer, 1099 worker, or entrepreneur, it’s very difficult to be your boss and enjoy the freedom that comes with...