Replacement cost vs. market value: What homeowners insurance really covers

Need to switch life insurance providers? It’s possible. But the replacement of a policy from one company with a policy from a different company is regulated, so you’ll want to work with an insurance agent to make sure the process goes smoothly and according to the rules. This article describes the steps involved.

Some people worry that life insurance might not always come through for them. If life insurance pays out at the death of the policyholder, and if all policyholders eventually die, how can the insurance company make money? Do they do it by denying claims? The answer is no—there are other ways insurance companies make money while still paying benefits to the people who need them. Knowing how that works may help you feel more confident about getting a policy.

Generally speaking, you pay your life insurance premiums with after-tax dollars. So, you can't deduct life insurance premiums because it's considered a personal expense.

It can be easy to lose track of an insurance policy, but if you need to find your missing life insurance policy or help a loved one do the same, there are steps you can take. These steps also apply if your loved one recently passed away and you believe you are a beneficiary of their life insurance but aren’t sure where the policy is stored.

You might see your home’s value rise and wonder if your insurance will match it. Home value and insurance coverage don’t always move together — and knowing the difference can save you stress. Here's a quick breakdown of what really matters.

Many of us realize that our credit scores can impact our lives. They might even affect whether or not we get a loan or even a new job. But did you know that the price of your car insurance can also be related to your credit score?

If you own a car, you may wonder, "Does car insurance cover repairs?”. That’s a common question, especially if your vehicle is older and requires more frequent trips to the mechanic. In general, car insurance is designed to help with unexpected events such as accidents, not routine upkeep. There are some types of policies or policy add-ons, however, that could offer financial assistance related to maintenance. Those are known as car repair insurance or car maintenance insurance.

When you lease a car, leasing companies usually require you to carry your own insurance. Knowing you have options can help you be ready for the unexpected with the right protection for your leased car.

A cancer diagnosis changes many things - but it doesn’t always mean life insurance is out of reach. Whether you’ve had cancer yourself or it runs in your family, there are still options to help you protect your loved ones. In this video, we’ll explain how cancer can impact your life insurance application, what insurers look for and the types of coverage that may still be available. You’ll learn how factors like health history, treatment stage and risk ratings can influence your options - and why it’s worth exploring coverage even after a diagnosis.

If you smoke, you might assume life insurance is out of reach - but the truth is, you still have options. Whether you use tobacco, vape, or cannabis products, there are coverage types that may work for your situation and your budget. In this video, we’ll walk through what to consider when applying for life insurance as someone who smokes - from understanding coverage types to knowing when and how to apply. You’ll also learn why it’s important to be honest during the process and how quitting down the line could help reduce your rates.

You were prepared to take the next step to help protect your family with life insurance. Then you found out your application was rejected. Now what? There may be options for people who are declined for a life insurance policy. Don’t give up!

Is your employer’s life insurance program right for you and your family? Learn how basic life insurance through your employer works, how much they may provide, if it meets your needs and an option that can help.

Each February, Black History Month is celebrated around the world. Learn about one way you can celebrate while investing in your family’s financial future.

Interest rates influence the cost of taking out loans and the amount you could earn on investments, including savings accounts. Understanding how rates work can help you make the right decisions for your money.

You may have heard some financial professionals talk about life insurance as an investment. In other cases, you may have been told that life insurance should be used for no other purpose than to help protect your loved ones. What’s the real story with life insurance and investing?

Curious about annuities and how they fit into retirement planning? Let's break down the different types of annuities, their benefits, how they work and other considerations to keep in mind.

What’s the difference between life insurance and accidental death & dismemberment insurance? While both options can help protect your family’s financial future, there are some key differences you should know. Watch this video to learn what makes AD&D and life insurance unique, and understand which options could be the right fit for you and your loved ones.

Are you wondering what Accidental Death and Dismemberment (AD&D) insurance is and how it could help protect you and your family’s financial future? Find out how this type of coverage is different than life insurance and could make a big difference if there’s a loss of income in certain accidental scenarios.

Most people know at least a little bit about what life insurance is, but what’s the big deal about Accidental Death and Dismemberment Insurance? What is it? Why is its name so long? Does anybody even have it?

Accidental Death & Dismemberment (AD&D) insurance is designed specifically to cover certain accidents. It provides a payout in the event of death or permanent physical injury due to a covered accident. AD&D insurance is very different from traditional life insurance. Depending on your needs, you may want both kinds of coverage.