The idea of insurance is straightforward to grasp. You pay an insurance company a monthly or annual charge to insure your life, health, vehicle, property, etc., for a specified period. In exchange, the insurer pays the insured’s financial losses in the event of a covered loss. 1. Insurance Reduces Stress During Hard Times There will […]

How Insurance Works

Insurance is offered by insurance companies to protect you and/or your possessions against the possibility of theft, loss, or damage (such as flooding, burglary or an accident). Some insurance policies are required by law, such as auto insurance if you drive, while others may be necessary as a term of a contract, such as a […]