When a person gets into a car accident, lots of things happen – problems arise, legal conversations are needed, and bills accumulate. When a person is insured, these problems become much smaller and much easier to solve. However, if a person is uninsured, things can get out of hand.
When Whole Life Insurance is a Better Choice Than Term...
In most cases, people buy term life insurance because they anticipate that their need for life insurance will be temporary. For example, they may need it only until their children reach adulthood or the mortgage on a house is paid off. There may also be the expectation that once the original term policy expires, they will simply take out a new term policy. Term life works brilliantly in any of those situations and many more.
To keep your bottom line in check, understand policy pricing variables
The price you pay for your homeowners insurance can vary by hundreds of dollars, depending on the size of your house and your insurance company. From shopping around to making home improvements, here are some ways to save money while you adequately protect your home and assets.