Maybe yes, maybe no! First, let’s check out the meaning of insurance settlement: Insurance settlement happens when a defendant or an insurer pays to the injured person. Whenever you’re negotiating a personal injury claim or an auto insurance claim after an accident, an adjuster deals with the matter. Is insurance settlement taxable? Generally, settlements for […]

After a home, a car is probably the second-costliest purchase you make in your lifetime. Unfortunately, the costs associated don’t seem to stop when you drive off the dealer’s lot – whether it’s for after-sales maintenance, modifications, or for insurance. According to the Bureau of Labor Statistics, owning and driving a vehicle accounts for the […]

Both Health Savings Account (HSA) and Individual Retirement Account (IRA) have multiple benefits in your life. If you contribute steadily in these accounts, you can make a strong retirement portfolio. You’ll have a handful of advantages if you transfer funds from IRA to HSA. So, try to manage these two accounts tactfully to maximize your […]

Being a stay-at-home parent is undeniably one of the toughest jobs on earth. Apart from taking care of every step of your tiny tot day in and day out, you make sure the bills get paid, the laundry is done, the grocery is taken care of, dinner is on time, the house stays in order […]

Unforeseen accidents, illnesses, and other emergencies can befall your pet anytime. Insuring your pet is a beforehand is a viable option that makes sure it gets the necessary help or treatment from a vet when required. Just like ensuring your pet gets the best quality pet food available on the market and regularly checked up […]

When you are filing taxes, you try to maximize your federal income tax deductions as much as you can. One way to reduce your tax bill is to take advantage of insurance-based tax deductions. If you are an insurance policyholder, check out how you can deduct taxes on your insurance policies. Read on to know […]

Lack of sleep not only makes you grumpy and cranky, but also it affects your life insurance coverage. How it is possible – The underwriter will put your life insurance application under a scanner if you have sleep deficiency. In other words, you’ll be considered risky by the insurers if due to lack of sleep […]

Many insurance companies provide life insurance policy without taking out a medical examination. Is that a good way to proceed? Let’s look at what it is and the pros and cons related to it. What is a no exam life insurance? When you purchase a life insurance policy, usually, you’re required to undergo a medical […]

“A perfect marriage is just two imperfect people who refuse to give up on each other.” If you are planning to tie the knot soon and want to know about wedding insurance, you’re at the right place. 1. What is a wedding insurance policy? This policy will cover you economically if something unexpected happens on […]

If so, then check out how to save money on life insurance by defeating your body fat. Who doesn’t want to save on life insurance premiums? It holds true for all of us, right? Issues like tobacco use, driving record, high blood pressure, cancer, and so on can raise your life insurance costs. Among these […]