Does Long-Term Care Insurance Cover Assisted Living?
Medicare doesn’t cover assisted living and they are pretty upfront about that. If you have a long-term care policy, though, will that cover it? Luckily, the answer is ‘yes.’ But, no two ...
Understanding the 80 Percent Rule for Homeowners Insurance
If you are unaware of the 80 percent rule in homeowner’s insurance, you may find yourself underinsured when it comes time to file a claim. The 80 percent rule requires homeowners to have replacement ...
What Does Homeowner’s Insurance not Cover?
You probably think if you take out a homeowner’s insurance policy that it covers everything to do with your home, right? Unfortunately, that’s not the case. Homeowner’s insurance does provide ...
How Are Annuities Taxed?
Annuities provide you with income for the rest of your life or your general life expectancy. They are attractive because they offer tax-free growth until you withdraw the funds. You can also re-invest ...
Homeownership 101: Homeowners Insurance vs Mortgage Insurance
These two will likely crop up when you buy a home. It’s true, both homeowners insurance and mortgage insurance protect your home. But they are two separate policies set to affect you ...
5 Types of Insurance Coverage Every Homeowner Should Know About
Buying a home is one of the biggest financial investments a person can make. And just like any investment, it needs to be protected. This is where insurance comes in. There are a number of factors ...