Disability Insurance Vs Social Security disability benefits

Do I Need Disability Insurance? Many people pay more attention on the possibility of early death forgetting that there may be injuries or illnesses that can make them unfit to work thereby making it practically impossible for them to work in order to earn income. The injury I am talking about here is different from work-related accidents or injuries that are covered by workers compensation plan. It is estimated that more than twenty five per cent of people who are 20 years and above will most likely suffer disability before they attain their retirement age. This figure is quite high Continue ReadingDisability Insurance Vs Social Security disability benefits

Flood Insurance: Guide for Homeowners and Renters

Flood insurance is more or less fast becoming a necessity. The earlier homeowners and renters recognise this fact the better. Before, people used to think that flood insurance is for homeowners whose buildings are located in flood prone areas. With what we are seeing all across the country today, it is obvious that flood can happen anywhere. It is important to know that homeowners or renter insurance does not cover flood. This means that if you want to enjoy coverage against flood, you need to buy the policy separately. One may say that people are not buying flood insurance because Continue ReadingFlood Insurance: Guide for Homeowners and Renters

Professional Liability Insurance and its Importance

What is professional liability insurance? Professional Liability Insurance is the type of insurance that provides coverage for specialists against liability claims arising as a result of errors, omission or negligence in the course of performing their duties to their respective clients. Professional liability insurance can also be referred to as Errors and Omissions Insurance. When you open your office for business as a professional, there is tendency that you will be all out to ensure that you get contracts as fast and as much as possible. You want to quickly finish one job or contract so that you can move Continue ReadingProfessional Liability Insurance and its Importance