A commercial general liability (CGL) policy will insure your business against general liability exposures, unless a possible liability is specifically excluded from coverage. Benefits are paid for actual damages and legal costs when the business is held legally responsible for bodily injury, property damage, or...

Professional liability coverage protects you if you're sued for the work or advice provided by your business. You may also hear this coverage referred to as errors and omissions insurance or malpractice insurance. In more legalistic terminology, professional liability insurance covers you for things like...

If you're a senior, the future may present more of a concern than it once did--you may wonder what you'll do if your health deteriorates. If you must enter a nursing home, for example, how will you pay for it? Fortunately, you may have several...

Your chances of requiring some sort of long-term care increase as you age, and long-term care insurance (LTCI) can help you cover your long-term care expenses. Although tax issues are probably not foremost in your mind when you buy LTCI, it still pays to consider...

At any age, health care is a priority. When you retire, however, you will probably focus more on health care than ever before. Staying healthy is your goal, and this can mean more visits to the doctor for preventive tests and routine checkups. There's also...

How will a divorce affect your health insurance coverage? During marriage, it's common for one spouse to maintain health coverage for the entire family through his or her group health insurance plan at work. After a divorce, coverage for the other spouse and the children...

It's a fact: People today are living longer. Although that's good news, the odds of requiring some sort of long-term care increase as you get older. And as the costs of home care, nursing homes, and assisted living escalate, you probably wonder how you're ever...

Recreational sports and fitness have become part of our lifestyle. Regular exercise will strengthen your muscles, improve joint function, keep bones strong, slow the aging process, and reduce your risk of heart attack and stroke. However, along with the enjoyment and health benefits, you can't...

One of the many things you can get insurance for is your eye care. Vision care insurance is relatively new and has become more common in recent years. Here's a crash course on the basics. What is vision care insurance? Vision care insurance is insurance...

If it's been a while since you've shopped around for health insurance, you may find that things have changed since the last time you tackled this chore. Not long ago, you could go to any doctor or hospital, and you and your insurance company would...

If you're like most Americans with health insurance, you probably belong to some type of managed care health plan. Managed care has grown rapidly in recent years and evolved in certain ways. You may be wondering where it's heading. Although patients are generally happy with...

With group health insurance, a single policy covers the medical expenses of many different people. Unlike individual insurance, where each person's risk potential is evaluated to determine insurability, group health insurance allows all eligible members of the group to be covered by one policy, regardless...

Disability insurance comes in many forms--individual policies, group policies sponsored by employers or associations, and government-sponsored programs such as Social Security and workers' compensation. Here are some of the benefits and drawbacks of each type of disability coverage. Individual disability insurance Individual disability insurance policies...

The amount of individual disability income insurance you should buy depends on three things: how much income you'll need if you become disabled, how much money you can afford to spend on premiums, and how much insurance you'll be able to purchase under the insurance...

Disability insurance pays benefits when you are unable to earn a living because you are sick or injured. Most disability policies pay you a benefit that replaces a percentage of your earned income when you can't work. Why would you need disability insurance? Your chances...

People ordinarily buy property and casualty insurance to protect their possessions (houses, cars, and furniture) and life insurance to provide income for their survivors. However, many people don't think about protecting their income with disability income insurance. But how well could you live if you...

In most states, insurance companies make payments based on each person's degree of fault in a particular motor vehicle accident. However, other states have adopted some form of a no-fault system of insurance. To find out whether your state operates under a no-fault system, read...

All states have financial responsibility laws that either explicitly or in effect require you to purchase at least some auto insurance. Although coverage requirements vary from state to state, you will typically need to buy some level of liability coverage. Other types of auto insurance...

"Deadly mold invades home!" While this may sound like something out of a horror movie, many homeowners are concerned about health risks associated with infestations of toxic mold. And the insurance industry isn't taking the mold issue lightly either. Some insurers are excluding or limiting...

Today, most states require car owners to purchase auto insurance coverage. Whether you already have auto insurance or are considering buying some, you may be wondering how much is enough and which types of coverage you need. Here are a few tips to get you...