Your Guide to Personal Financial Freedom: Finance Glide

Category Insurance

Insurance is an idea that is as old as humanity. The concept has remained mostly unchanged over time, which is amazing considering how many things have changed, from the first caveman who had his club broken by a wild boar to the present day when we depend on insurance plans to keep us from having to go around in fear.

An individual or institution receives financial protection or payment against losses through an insurance contract (policy) from an insurance firm.

In order to make payments to the insured more manageable, the corporation pools the risks of many different people. If you want to purchase insurance for your home and vehicle, for instance, you might choose for a policy that covers both at once and only pays out when one event occurs (as opposed to having different policies). As part of this risk pooling, you must also determine the kind of damage you are willing to accept. For example, will your insurance cover damage to a car that is parked in front of your home?


Life Insurance: What you need to know

This guide provides information about life insurance, including the different types of policies available and how life insurance works. It also provides tools to help compare policies and find the best one for any situation, making it a useful reference for both beginners and experienced policyholders.

Insurance for small business 

You're a small business owner, and you're probably always looking for ways to save money. While insurance for small business may seem like an added expense that you can do without, it's actually something that can protect you and your business in the event of an emergency.