Though most often thought of with regard to weddings, special event insurance can be used to cover any occasion that might requires a significant financial outlay. If you're hosting a big party, here's how to protect yourself against circumstances outside of your control.
Identity theft victims often spend months or years recovering from the frauds perpetrated on their bank accounts and getting their credit rating corrected. Protect yourself against identity theft with this advice.
A vacation travel break can revitalize you and can open you up to new experiences. It can also be expensive—and just because you're off from work doesn't mean the universe cooperates. Travel insurance can protect against trip cancellation and other vacation losses—here's what you need to know.
Personal watercraft are lots of fun to use but like any moving vehicles, they are subject to accidents. If you own or are planning to own a jet ski or other personal watercraft, consider purchasing a policy specifically designed to cover it and follow safety rules.
Boats afford recreation and adventure to their owners, but they come with risks, as well. Don’t let an accident or disaster sink you—understand how to insure your prized vessel.
Most employers offer some kind of disability insurance, but you should find out exactly what your employer offers before you have to file a claim. Most allow some short-term sick leave, which might last from a few days to as long as six months.
Five states and Puerto Rico have Temporary Disability Insurance (TDI) programs to provide income support to individuals who are out of work because of a non-work-related illness or injury.
Disability insurance is critical protection against loss of income, but if your employer doesn't provide it, it can be an expense. Learn how to save on your policy.
Disability premiums are based on your age, sex, occupation and the amount of potential lost income you are trying to protect.
In general, the lower the chance that your occupation puts you in harm’s way, the lower the premium. The higher the chance of injury, the bigger the premium. So, for instance, an accountant working in an office would have much lower disability premiums than a construction worker.
There are two types of disability policies: Short-Term Disability (STD) and Long-Term Disability (LTD):
Short-Term Disability policies - have a waiting period of 0 to 14 days with a maximum benefit period of no longer than two years.
Long-Term Disability policies - have a waiting period of several weeks to several months with a maximum benefit period ranging from a few years to the rest of your life.
Disability policies have two different protection features that are important to understand:
Forty-three percent of all people age 40 will have a long-term disability event by age 65. Learn how you can replace lost income and help protect you and your family from an otherwise financially catastrophic illness or injury.