education insights
Is permanent and whole life insurance the same?
Permanent life insurance is an umbrella term for life insurance policies that do not expire. Typically, permanent life insurance combines a death benefit ...
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Does a 17 year old need car insurance?
Yes, the quick answer is that a 17-year-old can almost always get car insurance, but since they are minors, a parent or guardian typically will be require...
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What is meaning of utmost good faith?
The doctrine of utmost good faith, also known by its Latin name uberrimae fidei, is a minimum standard, legally obliging all parties entering a contract t...
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Who calls their insurance after accident?
After a car accident, you may receive a call from the other driver’s insurance company, regardless of how clear it may be that the other driver was at fau...
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Can you work if you have a brain tumor?
Tiredness is a common symptom after receiving treatment for a brain tumour. This often restricts your ability to return to work. Although you may want to ...
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How does driving record affect life insurance?
As long as your driving record isn’t filled with speeding tickets and accidents, then it isn’t going to impact your premiums too drastically. You’ll still...
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Can I get buildings insurance for a flat?
It isn’t a legal requirement to have buildings insurance if you live in a flat but your mortgage provider might require you to have it. It isn’t a legal r...
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What does the term to indemnify means in insurance?
Indemnity Indemnity means making compensation payments to one party by the other for the loss occurred. Description: Indemnity is based on a mutual contra...
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Should I contact the person who hit my car?
It is recommended that you only contact your attorney if you or your passengers sustained any injuries due to the accident. An attorney can help your case...
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Who is the insurance regulator?
Difference Between IRDA and SEBI on Their Functions: IRDA SEBI Regulates the insurance industry Regulates the securities and commodity industry Establishe...
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