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Life Insurance

Life insurance is an insurance policy that is written on the life of the policyholder. There are two forms of life insurance – whole life insurance and term life insurance. With a whole life insurance policy, the policyholder pays monthly insurance premiums of a set amount for a specific length of time. When the person dies – even if it is before the life insurance policy has been paid off – a set amount of money is given to the pe... : Life Insurance

Yacht Insurance

Yacht insurance is just like dinghy insurance, but for a higher class of people. For one thing, yachts are a lot more expensive than dinghies, and yacht insurance would have to take that into account. If a dinghy sinks, you have a few slats of wood at the bottom of the lake – perhaps with an outboard motor. Dinghy... : Yacht Insurance

Income Protection Insurance

Income protection insurance protects the policyholder if his income is lost due to illness, accident, or unemployment. Not only can lost wages be protected under income protection insurance, but mortgage and other payments can be made to protect the policyholder’s credit rating if he finds himself without work. Income protection insurance is not designed to provide income to the policyholder for the rest of his life. Indeed, there is usually a six-month or twelve-month limit on benefits r... : Income Protection Insurance

Liability Insurance

Liability insurance is any insurance policy that pays expenses you may incur through accidental injury to the person or property of others. Real or alleged incidents of negligence or other irresponsible action on your part are the claims that are covered under liability insurance policies. Most people carry liability insurance as part of their automobile insurance or homeowners insurance. If a policyholder is involved in a car acci... : Liability Insurance
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