Life insurance is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money (the benefit) in ...

Common law jurisdictions in former members of the British empire, including the United States, Canada, India, South Africa, and Australia ultimately originate with the law of England ...

While premiums for permanent life insurance may be higher compared to a term life policy, you are paying for the opportunity to accumulate cash value and have a lifetime of coverage. When ...

Group life insurance is a type of life insurance in which a single contract covers an entire group of people. Typically, the policyowner is an employer or an entity such as a labor ...

A group health insurance plan is an insurance plan that provides healthcare coverage to a select group of people. Group health insurance plans are one of the major benefits offered ...

The specific uses of the terms “insurance” and “assurance” are sometimes confused. In general, in jurisdictions where both terms are used, “insurance” ...

Universal life insurance (ULl) is a relatively new insurance product, intended to combine permanent insurance coverage with greater flexibility in premium payments, along with the potential ...

The guy who borrowed your car may get the ticket and the driver’s license points, but it’s your insurance that will pay if he caused the accident. (adsbygoogle ...

If you let your best friend borrow your car and he speeds through a red light and crashes, whose car insurance policy pays for damage done to your car and others harmed in the accident? ...