Personal Finance

Insurance premium WHAT IT IS

Insurance premium WHAT IT IS

The premium is the amount you pay the insurance company for coverage. This is essentially the amount you pay for the policy and failure to pay the specified premium can result in gaps in coverage and cancellation of the policy. Premiums are determined, among other things, by the amount of …

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What Is Full Coverage Car Insurance?

What Is Full Coverage Car Insurance?

Full coverage car insurance is a type of car insurance that includes different kinds of coverages that can protect your vehicle in case of an accident or other events that may damage it. Usually, full coverage car insurance includes liability coverage, which is mandatory by law in most states, and …

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What is personal finance?

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 Personal finance is a term that includes money management as well as saving and investing. Covers budgeting, banking, insurance, mortgages, investing and retirement planning, taxes and real estate. The term often refers to the entire sector that provides financial services to individuals and households and advises them on financial and …

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Things you need to know about health insurance

Things you need to know about health insurance

Health insurance is a protection that will take care of your financial condition in case of a medical emergency. Health insurance covers medical expenses you may incur due to accident, illness or injury. Technically, this is a contract between you and your insurance company. This means that the insurance company …

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compulsory insurance

compulsory insurance

Compulsory insurance, also called mandatory insurance, refers to any coverage required by national law before a person or business can perform certain activities, such as driving a vehicle or providing a certain type of service. This type of insurance is designed to ensure that all parties are insured or financially …

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