An indexed universal life insurance policy is a type of investment policy that offers a guaranteed payout or return on the face value of your policy. It's a great way to save for retirement, but it can also be used to save for other goals. You can purchase this type of policy with a lump sum, or you can invest the money you put in at regular intervals. The benefit is that your payout will increase each year based on the agreed interest rate.
Despite how crucial auto insurance is for motorists, various instances could render you uninsurable. Most commonly, motorists that have committed numerous traffic violations, such as speeding, not using their safety belt, or not signaling when turning, in a relatively short period of time could make them high-risk motorists. On the other hand, if you have been charged with driving under the influence and, as a result, have had your driver's license revoked, you automatically become uninsurable.
When you own a vehicle, one of the expenses you have to deal with regularly is car insurance. You have to pay a monthly premium to keep your car insurance up, and you are required in most states to carry car insurance, so it is not an expense you can escape. Luckily, there are many things you can do to lower your car insurance bill.
Get a Multi-Car Discount
If you have more than one vehicle, get your insurance from the same provider.
If you're a young adult and you're in good health, you may be wondering if you even need to purchase health insurance. If you never need to see the doctor anyway, you may feel that purchasing insurance won't give you any benefit—you'll end up paying the monthly premiums and never using it. Even if you think you won't need it, it's still a very good idea for healthy young adults to carry health insurance, as it can help you maintain your health while providing coverage for any emergencies that arise.
With the increasing medical costs, health insurance can determine if you can access quality healthcare. Choosing a health insurance plan is not a straightforward process. You need to evaluate the components of specific health plans to ensure you get adequate coverage. This post highlights the critical consideration factors when selecting health insurance coverage.
Consider the Provider Network
Insurers provide health insurance coverage through an in-network of providers. An in-network provider is a contracted healthcare provider that offers medical care to policyholders enrolled in a plan.