BUSINESS

7 Important Terms to Know About Your Insurance Policy The fine print of your policy will include a few key terms. Knowing what they mean is beneficial.

In the event of a claim, you will be responsible for paying the deductible. You take on more risk with a higher deductible, but your payments will be lower. As a means of cutting costs, a high deductible may be chosen by some. Your insurance does not cover exclusions. In order to avoid being caught […]

BUSINESS

What is covered by a residential policy?

Your property’s buildings are covered by homeowner’s insurance. This includes both your primary residence and any other structures in the area. In addition, it provides liability protection, covers your home’s contents, movable property, and living expenses in the event of a loss. In the event of a loss, renters insurance covers your rental unit’s possessions […]

BUSINESS

Getting a Good Deal on Insurance.

The premium is the amount that an insurance company will charge you in exchange for your policy’s financial protection. You can pay once a year, every six months, or every month. Try a few different companies or a broker who can shop for you to get a lower premium. Get at least three estimates to […]

BUSINESS

Power outages affect businesses

Rangoon’s small and medium-sized businesses have been forced to relocate to factories and factories as a result of the power outage. There are problems for many businesses, including factories. Since the beginning of March, there have been power outages in Rangoon, according to business owners. These outages have severely harmed many businesses that depend on […]

BUSINESS

Why is insurance required by the bank?

Legally, some insurance is not required. If you have borrowed money from them to make a large purchase, such as a house or car, lenders, banks, and mortgage companies will need it. You will need to have insurance on your loan in order to buy a car or a house. If you have a car […]

BUSINESS

How Does Protection Function?

The insurance agency has numerous clients. They all pay charges. There will not be a loss for every client at the same time. They might be able to get insurance money to cover losses. Insurance isn’t required for everyone, but it’s a good idea if you have a lot of financial risk or investments at […]

BUSINESS

“Self-Insuring to Avoid High Insurance Costs”

Emily Ernsberger and Eric Estevez checked the article for accuracy. Check out all Self-Insurance: What is this? When should a person buy their own insurance? Self-Insurance: How does one pay for their own insurance? Examples of Self-Insurance Uses Before deciding whether or not to use self-insurance, understanding what insurance is all about is helpful. Utilizing […]