Health insurance portability is a policy where one can port a current health insurance policy to a different insurance company. Porting can be done when one faces poor services, needs extra cover, or any other reason. The concept of health insurance portability was introduced by Insurance Regulatory and Development Authority in 2011. Here, an individual … Read more
Auto manufacturers are developing new and innovative solutions and we are now seeing mass adoption of a sharing economy, providing more options for consumers than ever before. Consumers are opting for convenient and cost-effective transportation options such as ride-sharing and autonomous functionality. Car owners are subscribing to transportation networking companies to derive income from the … Read more
Employers are legally obligated to take reasonable care to assure that their workplaces are safe. Nevertheless, accidents happen. When they do, workers’ compensation insurance provides coverage. Workers compensation insurance serves two purposes: It assures that injured workers get medical care and compensation for a portion of the income they lose while they are unable to … Read more
Disability insurance is the type of insurance protecting against loss of income due to disability. Disability insurance is available through both the private and public sectors. Often, insurance products will protect against a specific loss, such as when a property and casualty insurance plan compensates the policyholder for the stolen property’s value. In case of … Read more
1. Amica Amica has the second-highest J.D. Power satisfaction rating. What’s more, the company doesn’t have any restrictions on which auto body shop you can use for repairs. It also offers the largest array of coverage options which includes GAP insurance and interior vehicle coverage which isn’t offered by most insurers. 2. The Hartford Hartford … Read more
Introduction The heartbeat of a nation lies in its economy, and the United States is no exception. As we navigate a rapidly changing global landscape, understanding the current state of the US economy is paramount. In this blog, we’ll embark on a journey to decipher the economic indicators, trends, and factors that collectively shape the … Read more
Introduction Life insurance is a crucial component of financial planning, offering peace of mind and security for you and your loved ones. But with a plethora of options available, choosing the right type of life insurance can be overwhelming. In this comprehensive guide, we’ll break down the various types of life insurance policies, helping you … Read more
Introduction In the ever-evolving landscape of finance and investing, staying updated with the latest strategies, trends, and insights is paramount. As we dive into 2023, a treasure trove of investment books has emerged, ready to equip both seasoned investors and newcomers with the tools they need to thrive. Get ready to embark on a literary … Read more
Introduction Insurance companies are often perceived as the silent guardians that provide financial security during life’s unexpected twists and turns. But have you ever wondered how they manage to fulfill their promises while staying financially viable? In this captivating blog, we’ll delve into the intriguing world of insurance economics, uncovering the mechanisms that allow insurance … Read more
Introduction Insurance policies are the foundational blueprints that provide individuals, families, and businesses with the protection and peace of mind they need in the face of uncertainties. Within these documents lie the key components that outline the terms, coverage, and obligations of both the insurer and the insured. Join us as we dive into the … Read more