Cybersecurity Awareness Month Description
Cybersecurity Awareness Month This Cybersecurity Awareness Month, the need for cyber coverage continues to rise as cybercrime incidents increase and become more costly. Therefore, due to this high demand for cyber coverage, insurance premiums have increased. Computers, smartphones, tablets, smart home devices, and all other technology connected to the internet serve as essential components in […]
What Is Cyber Extortion Insurance? Coverage, Case Study, and Costs,
What Is Cyber Extortion Insurance? Coverage, Costs, Case Study In the modern digital landscape, businesses face a variety of cyber threats that can disrupt operations, compromise sensitive data, and damage reputations. One of the most alarming threats is cyber extortion, where criminals demand payment—often through ransomware attacks—in exchange for not carrying out their malicious intentions. […]
Ian Update: P&C Rates
Ian Update: P&C Rates Ian Update: P&C Rates. Property and casualty rates will rise for coastal states as a result of hurricane Ian, according to market research firm MarketScout. The storm is expected to cause widespread damage to infrastructure, homes, and businesses. “Companies are going to be reevaluating their rates in the wake of this […]
What is Buy Sell Life Insurance?
Buy Sell Life Insurance What is a Buy-Sell Life Insurance Agreement? A buy-sell agreement, also known as a buyout agreement, is a legally binding contract between business partners that stipulates what will happen to the business if a partner dies. A buy-sell agreement backed by life insurance is often used to fund a buyout of […]
Life Insurance Annuities
What are Life Insurance Annuities? Introducing Life Insurance Annuities What are Life Insurance Annuities? You may have heard of annuities before, but what exactly are they? An annuity is a contract between you and an insurance company in which you make a lump sum payment or series of payments. In return, the insurance company agrees […]
Long-Term Care (LTC)
What is Long-Term Care? When it comes to planning for our later years, long-term care is an important topic that deserves our attention. After all, none of us wants to burden our loved ones with the responsibility of taking care of us if we can no longer take care of ourselves. But what exactly is […]
Disability Life Insurance
Disability Life Insurance Life insurance is one of those things that you don’t really think about until you need it. Disability insurance is a type of life insurance that provides you with financial protection in the event that an injury or sickness puts you out of work. If you’re the breadwinner for your family, then […]
What is Premium Financing?
What is Premium Financing? If you’ve ever shopped for insurance, you’ve probably heard the term “premium financing .” But what is it? In short, it’s a way to pay for your insurance premiums over time, rather than all at once. There are a few different ways to finance your premiums. The most common is through […]
What is Whole Life Insurance?
What is Whole Life Insurance? Whole life insurance (WLI) is a type of permanent life insurance that offers life (WLI) ong protection. That means as long as you pay your premiums, your loved ones will receive the death benefit if something happens to you. (WLI) also has a cash value component, which grows over time […]
What is Universal Life Insurance?
What is Universal Life Insurance? You’ve probably heard of term life insurance and whole life insurance, but what is universal life insurance? Universal life insurance or (ULI) is a type of permanent life insurance that offers coverage for your entire life. Read on to learn more about how (ULI) works and whether it might be […]