noun
1.
A Deductible is the amount of money a policyholder must pay out of pocket before any insurance payments are made. For example, if repairs to a personal vehicle cost $1,000, but the Deductible on that Policy is $500, the policyholder must pay $500 toward the repairs before the insurance company covers the other $500.
If your teen is approaching driving age, you may be preparing to add them to your car insurance. It’s important to be aware of these four things before you do so.
Here’s a list of 8 questions to ask that may help you better understand the costs and benefits of extended-care insurance.
The chances of needing long-term care, its cost, and strategies for covering that cost.