As soon as you discover that you and your partner are expecting, you have to know what to expect as far as health insurance goes. When you know how your insurance is going to work for you during your pregnancy, you can get through it with a bit more peace of mind. Here are four specific things to talk to your health insurance about:
Adding Your Newborn to the Plan: Your health insurance should provide you with details about how to add your newborn to your health insurance plan.
Most, if not all, car owners are aware that they are required to carry auto insurance to drive legally. But when it's time to select a policy, the number of additional items available to you besides the required ones can be overwhelming. To that end, here are three types of coverage that are optional in most states that you might want to make sure you have on your policy.
Auto insurance is incredibly important to carry. You should never drive a car without auto insurance. Even if you don't own a car, you still should have some kind of insurance just in case you rent or borrow a car. Although, just because you need to carry auto insurance doesn't mean you that you need to get all of the different options offered to you. Here are some of the different options that you should know about available to you so you can decide what kind of coverage you need.
After careful research, you've made the decision to purchase term life insurance. Purchasing term life insurance is a wise decision that ensures your family is financially secure after your death. When buying your policy, make sure you don't make these common mistakes.
1. Purchasing Too Little Life Insurance
The proper amount of term life insurance varies greatly based on your circumstances. A general rule is to purchase enough life insurance to replace 10 to 12 years of your current income.
As a newly self-employed business owner, it's vitally important that you make sure you have sufficient insurance coverages. One claim against your business could otherwise cause you to go bankrupt. The following are a few different types of insurance that you should consider purchasing before your grand opening.
Property and equipment insurance
This insurance protects the tangible property that you have for your business. If you are operating out of a separate location, the policy will cover damages if you own the property, as well as providing coverage for all of your business equipment inside the property.