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What Is Final Expenses Insurance?

Final expenses insurance is a kind of insurance policy that is meant to cover the expenses associated with the passing away of the insured. The term final expenses obviously refer to the costs that have to be paid at the end of one’s life. The fees that a funeral home charges are included in the...

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What Is Assigned Risk?

Insurance companies often have a certain criteria or requirements that people must fulfill before they can avail of insurance. However, some people do not meet the requirements and fail to obtain insurance through the usual means. When this occurs, the person is referred to as an assigned risk,...

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What Is Casualty Insurance?

There are many kinds of insurance policies, and casualty insurance is a category that deals with loss associated with events that are unforeseen. For example, loss due to burglary and fraud can be covered by casualty insurance. However, injury or loss due to health issues and fire are not included...

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What Is Comprehensive Coverage?

Comprehensive coverage refers to a kind of insurance that offers the possibility of repairing or replacing the item that is insured. Comprehensive coverage is usually used in the context of car insurance policies, although it can also be used for other specific kinds of insurance policies. For...

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How Do I Choose the Best Travel Insurance Policies?

Traveling is one of the best experiences that one can ever have, especially if the trip takes you to a whole different world. There are, of course, a lot of practical things that you need to take into consideration when traveling. One of these is travel insurance. In many cases, you will be...

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Is Life Insurance a Necessity?

Life insurance is a type of insurance policy wherein the insurer agrees to pay a certain amount to the beneficiary in case the policy holder passes away or becomes critically ill or physically disabled. The beneficiary is designated by the policy holder upon taking out the life insurance policy....

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What Is an Underwriter?

An underwriter is an individual or an entity that takes on a financial risk for another person or entity. The term underwriter is used in the financial sector, in a wide variety of businesses. Perhaps the industry that is most often associated with underwriting and underwriters is the insurance...

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Prudential of Britain to Buy U.S. AIG

Prudential P.L.C. of Britain will buy American Internation Group's life insurance business in Asia. The agreement will cost Prudential $35.5 billion dollars. It will be the biggest repayment of the $!80 billion dollars the United States government used to bail out the failing A.I.G. The Federal...

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What Are Domestic Partner Benefits?

The term domestic partnership refers to the situation of two people who are living together and are in a romantic relationship. While the two people may live together as man and wife, their relationship has not been legalized via the institution of marriage. In rare cases, domestic partnership...

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Should I Get Dog Liability Insurance?

Owning a dog can be a wonderful thing. There are people, of course, who prefer cats (or other pets for that matter) to dogs. However, dog lovers will tell you that the cliche that dogs are man’s best friend cannot be any truer. Dogs are perfect companions and can be a lot of fun. As much as...