What is an Insurance "Floater"?
Posted: October 12, 2015
Do You Need a Policy to Insure Your Special 'Floater'? Are you a musician? Do you collect art? Is your jewelry of the diamond and pearl variety? If so, you might consider a floater policy to protect your prized electric guitar or great-grandmother's earrings. Often there are limits to your homeowners insurance policy that will make the coverage insufficient for these types of items. They...
Annuities Can Play a Role in a Well-Planned Retirement
Posted: August 29, 2015
Save and Generate Income with Annuities Recently, the Insured Retirement Institute (IRI) asked baby boomers (individuals born between 1946 and 1964) what trait they most value in an investment product. The answer? Guaranteed income each month (with rate of return coming in second). Interestingly, other than your pension and Social Security benefits, no currently available investment vehicle-besides an annuity-can guarantee lifetime income during retirement. Annuities...
Does Car Insurance Cover Other Drivers?
Posted: July 15, 2015
Extra Coverage Can Help 'Float Your Boat' This Summer Many boat owners assume their boats are covered under homeowners insurance policies. Homeowners insurance typically offers up to $1,000 in coverage for boats, boat trailers, motors, and related equipment-perhaps sufficient for small craft owners. However, the following exclusions exist: Losses in the water, including damage from sinking and collision, including hitting rocks or other debris. Wind...
The Truth on Employers Life Insurance
Posted: May 28, 2015
Employer Life Insurance Many of us receive our life insurance through our employers, and it's often cheaper that way. But there may be reasons to buy supplemental life insurance. Here are three: It may not be sufficient First, your employer may not offer enough life insurance to meet your needs. If your death would be a financial burden on your loved ones, experts often recommend...
Does Car Insurance Cover Other Drivers?
Posted: May 11, 2015
Extra Coverage Can Help 'Float Your Boat' This Summer Many boat owners assume their boats are covered under homeowners insurance policies. Homeowners insurance typically offers up to $1,000 in coverage for boats, boat trailers, motors, and related equipment-perhaps sufficient for small craft owners. However, the following exclusions exist: Losses in the water, including damage from sinking and collision, including hitting rocks or other debris. Wind...
