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Published: Fri, 20 Apr 2018 04:52:01 -0500


What Is an Umbrella Policy?

Wed, 22 Nov 2017 14:09:47 -0600

I've recently had several clients ask me what an umbrella policy is and if they need one. If you have assets that you'd like to protect from an unexpected lawsuit, you probably need an umbrella!

For the Homeowner and Renter, Umbrella Insurance Also Makes Sense

Wed, 02 Aug 2017 13:56:40 -0500

While debating about this article's title, I toyed with a variation: "For the Homeowner and Renter, Umbrella Insurance Also Makes 'Cents'! You see, though you may be paying what you think is enough in your share of policy premiums, acquiring umbrella coverage will actually save you a bundle, should you find yourself embroiled in a lawsuit. Find out how one lawsuit sent its validated defendant to acquire a broad umbrella policy.

How Much Liability Insurance Do You Need?

Tue, 04 Oct 2016 07:51:11 -0500

When most people consider their insurance needs, certain types of coverage typically come to mind. Personal liability insurance, frequently called an "umbrella" policy, seldom makes this list. But when a rainy day - or an expensive lawsuit - turns up, sometimes nothing but an umbrella will do.

Why Everyone Should Have Umbrella Insurance

Tue, 12 Apr 2016 06:14:47 -0500

A basic rule of wealth building is to protect income and assets. We live in a litigious society and a civil lawsuit can wipe out years of wise financial planning. Umbrella liability insurance is a low-cost way of protecting your personal wealth.

When Insurance Coverage Is Right for Your Life-Stage

Thu, 10 Mar 2016 09:49:56 -0600

Life is ever-changing. That's why insurance needs are ever-changing. Follow these guidelines for insurance coverage and you will experience the peace of mind of knowing you have the right protection at the right time!

All You Need to Know About an Umbrella Insurance Policy

Mon, 15 Feb 2016 06:09:26 -0600

You may wonder why you need an umbrella insurance policy when you already have insurance for your home and car, but as you increase earnings and assets, you require more protection for them. Umbrella insurance is a form of coverage which supplements all other policies. The core objective of this policy is to safeguard your personal assets from any unforeseen event including a tragic accident caused by you.

Do You Need an Umbrella Insurance Policy?

Tue, 06 Oct 2015 10:49:11 -0500

Figuring out how much insurance you need and what kind can be a daunting prospect. If you've ever bought homeowners insurance, you may have been asked if you'd like an umbrella policy as part of your insurance coverage. In order to get the best possible coverage and to protect yourself from any unforeseen circumstances that may not be covered under an normal policy, it may be necessary to add extra liability coverage in the form of an umbrella insurance policy, to your auto and homeowners insurance policies to protect you and your family. Here's why.

Public Indemnity Insurance: What Makes It an Unavoidable Option

Wed, 15 Jul 2015 07:05:26 -0500

Public liability claims can a serious complexity faced by the companies when they need to incur massive costs and put reputation of the company at stake. To secure the business operations from such complexities, it is an essential to secure them by investing into a good public liability insurance policy.

Insurance and Subrogation

Wed, 29 Oct 2014 11:33:27 -0500

Subrogation refers to one person stepping into another person's shoes. In the context of insurance, it's when an insurer tries to recoup the expenses it paid out for a claim when a third party was responsible for causing at least some of the damage.

When Should a Retail Business That Sells Products to Consumers Consider PI Insurance?

Tue, 28 Oct 2014 15:22:04 -0500

A retail business is a business that sells products to consumers (excluding manufacturers, importers/exporters). In order to determine when a retail business needs to consider Professional Indemnity Insurance, it is important to firstly explain the coverage provided by other policies as these policies do not overlap or provide dual cover. We have summarized an overview of common policy feature - it is important to remember that each policy wording can vary depending on the insurer so remember to compare each policy or seek professional advice.

Asset Protection - What You Need to Know Now

Thu, 02 Oct 2014 15:58:04 -0500

You've worked hard for what you have! Protecting your assets is critically important to supporting your lifestyle and being able to retire at some time in the future. Having proper liability insurance coverage is critical to protecting what you have. Make sure you have at least these "bases" covered!

What's a PLUP Anyway?

Mon, 02 Jun 2014 10:28:57 -0500

If you visit your Property/Casualty agent with any regularity, you may have been approached a number of times about your need for a PLUP. What is a PLUP you ask? It is an acronym for a Personal Liability Umbrella Policy.

Umbrella Insurance for Businesses - Tips on Buying Coverage

Mon, 21 Apr 2014 06:45:33 -0500

While umbrella insurance is thought of in the context of individual liability, it is essential for the stability of a business. Some of the critical exposures a business faces can be offset by umbrella policy, only you may not even know it as such. This article explains the various types of coverages available to business to handle external risks and the risk of not have an umbrella insurance policy.

Rethinking Umbrella Insurance - For High Earners and High Net Worth Individuals

Thu, 10 Oct 2013 17:57:47 -0500

It used to be not too long ago that $1 million umbrella insurance policy was plenty. People who had it thought they could sleep like a baby, and even a catastrophic event would not cause any problems in their lives. A million may be enough for many people, but what about those with high incomes and assets to protect? With increasing jury awards, more people on the road, attorneys thinking not only about the assets they want to go after but also future incomes of the defendants, the $1 million policy looks inadequate. This article puts things in perspective on what and how much to cover.

If You Text Someone While They Are Driving You Could Be Liable - Umbrella Insurance Policy Needed?

Thu, 05 Sep 2013 07:09:46 -0500

There was a rather troubling case in NJ in which one person was text messaging another individual who was driving a car. The person sending the text knew they were driving but sent the text anyway - the individual receiving the text was looking at that text when they just happen to run over a pedestrian - whoops! There was a lawsuit and the person sending the text was considered at least partly at fault and was ordered to pay damages - ouch.

Umbrella Insurance - Understanding the Coverage

Thu, 29 Aug 2013 11:10:05 -0500

There are a vast amount insurance policies you may feel the need to look into when dealing with risks that life throws at you. You'll find that among the many different things that you can get yourself involved with, one option can be helpful to protect against issues that might not otherwise be covered with other policies. Understanding umbrella insurance is something that you should definitely look into if you have multiple liability policies that only cover a small amount.

Liability Insurance Helps Individuals and Businesses

Tue, 09 Jul 2013 07:24:13 -0500

Liability insurance can give broad protection against lawsuits for individuals, businesses and organizations. This article explains the basic types available.

Umbrella Insurance Offers Affordably Broad Liability Protection

Thu, 04 Jul 2013 07:02:39 -0500

Umbrella insurance plans offer a great deal of liability protection for a very low rate. Considered the best deal in insurance, umbrella policies offer $1 million or more in coverage for a tiny fraction of the amount of protection sought.

Explaining Personal Liability Insurance and Who Should Have It

Wed, 26 Jun 2013 07:27:59 -0500

Broad-based personal liability insurance plans also are called umbrella insurance due to their broad range of coverage. And people who have a great deal of assets to protect need to have some measure of protection against possible legal liability.

Have a Nonprofit - Consider an Umbrella Policy

Tue, 25 Jun 2013 07:08:17 -0500

Not long ago, I was checking on liability insurance for a nonprofit start-up, a local art, music and literature club. We were looking into real costs for running the group in order to prepare a business plan and the attached proformas. Insurance is a real cost, something the group really needs, and really any group or business must have in this litigious society of ours in the present period.

When Did You Last Review Your Insurance Coverage?

Mon, 29 Apr 2013 15:08:02 -0500

When is the last time you compared rates on your home and auto insurance policies? Unfortunately, a stellar safety record doesn't always translate into lower insurance rates. Even if you think you have a good rate, shopping around periodically is smart.

Protect Your Assets - Umbrella Insurance Policies Expand Auto and Home Liability

Wed, 20 Mar 2013 09:26:00 -0500

Without umbrella insurance coverage, you would be personally responsible for paying off any damages in the event of an awarded personal injury and other related costs included in a liability claim. Just one unfortunate event can result in a catastrophic financial outcome for you and your family.

Critical Coverage

Fri, 15 Feb 2013 16:27:56 -0600

READ THIS REPORT BEFORE YOU DECIDE ON YOUR COVERAGE LIMITS! Critical Coverage EVERY Family Should Have for Teen Drivers and Why Protect Your Family's Financial Future NOW! There are probably all kinds of thoughts going through your mind during this period of parenthood. Your innocent young child has reached a milestone in life that brings a new freedom they have never experienced before. Your child's dependence on you has just been reduced tremendously. You can only hope that all your guidance will be enough to help him or her go out into the world responsibly and remain safe.

Why Everyone Needs an Umbrella Liability Policy

Thu, 07 Feb 2013 13:57:37 -0600

You've carefully chosen the coverage levels on your home and auto policies so you should be protected against every possible risk correct? Unfortunately not. Your existing auto and homeowners insurance may not be enough to protect your nest egg from expensive lawsuits.

Umbrella Insurance - Do's and Don'ts

Thu, 24 Jan 2013 08:47:38 -0600

Umbrella liability insurance is often misunderstood and misquoted. This article clearly explains what it is and some pitfalls to avoid when considering it.

Do You Have Umbrella Insurance? Do You Need It?

Wed, 02 Jan 2013 12:39:09 -0600

Umbrella insurance policies are often very confusing. However for most of us whether we are working, retired or self employed, umbrella insurance is essential. This article explains what it is, what it costs and why it is necessary to have.

How an Umbrella Policy Works

Thu, 25 Oct 2012 11:26:01 -0500

You have an umbrella policy or thinking of getting one, but not sure how such coverage works? This article will explain in detail and will give you an example to understand this coverage better.

3 Reasons Why Your Need an Umbrella Policy

Tue, 23 Oct 2012 09:20:22 -0500

Do you know that is umbrella policy? Not sure do you need it? Here is an easy explanation that will give you a peace of mind.

Five Things You Should Know About Liability Insurance

Mon, 04 Jun 2012 13:51:41 -0500

This article covers five things you should know about liability insurance. From commercial general liability insurance for your business, to professional liability insurance for providers of professional services, learn about the different types of liability coverage and how an independent agent can help you find the best policy for your specific needs.

The Truth Behind Professional Indemnity Insurance Quotes

Mon, 07 May 2012 09:24:39 -0500

Professional indemnity insurance is a type of business insurance that protects professionals when they are threatened with legal action as a result of negligence, act of omission or error. There are various types of indemnity insurance plans for professionals and buyers who are interested in purchasing these plans can opt for a quote online or via the phone. However; before asking for a quote, buyers should be aware of a few things such as are professional indemnity insurance quotes accurate and is it safe to ask for quotes online.

Australians Are Notoriously Underinsured, a Serious Problem Facing the Entire Country

Thu, 02 Feb 2012 15:22:48 -0600

Few Australians have the financial resources to cover the expenses of life's unexpected hazards, and yet too many don't have a plan in place that will protect their financial security and lifestyle in the event that the income earner suddenly becomes unable to work due to illness, injury or death. Multicover insurance - that is, coverage that includes life insurance, income protection insurance, trauma insurance (also called critical illness insurance), and disability insurance - is not a priority for many Australian households, and yet having multicover insurance in place is fundamental to good financial planning.

Umbrellas, They're Not Just for Fruity Drinks

Wed, 16 Nov 2011 11:37:45 -0600

Do you have a Personal Umbrella Insurance Policy? Why not? If you own a home or rental property, have money in the bank (whether in cash, retirement accounts or trust), or have a decent paying job (or will in the future), then you should consider getting the added peace of mind that an umbrella can afford - and speaking of afford, it is the least expensive insurance policy you'll carry.

Thank Goodness I Have an Umbrella! So What Is It?

Tue, 27 Sep 2011 09:26:20 -0500

What is an Umbrella? We immediately envision a water proof canopy to hold over ourselves during a rainstorm. I like to picture those nice size ones that not only protect your head and shoulders, but maybe your clothes, briefcase, etc.

A Great Reason to Get a Personal Umbrella Policy - Your Car Is a Lethal Weapon!

Thu, 22 Sep 2011 11:47:40 -0500

A car can be a lethal weapon. In just a matter of seconds your life could go from feeling financially independent to being afraid of losing everything. In my 26 years of being in the insurance business, I've never had a client who said they expected to have a claim. So why even buy insurance if you're never going to have a claim?

The Benefits of Having an Umbrella Insurance Policy

Tue, 13 Sep 2011 13:49:55 -0500

Many people often think that their homeowners and auto insurance is enough to cover expenses as well as protect assets should an accident occur. What no one expects to happen, but very likely could, is an incident where they are sued for an extremely large amount of money that goes above their liability insurance limits.

Does Your Umbrella Policy Really Cover You For All Perils And All Risks?

Thu, 01 Sep 2011 08:02:32 -0500

Umbrella policies are an extra policy that covers over and above your homeowner and/or automobile insurance coverages. But some people think that they are all risk and all peril policies that cover any possible situation that you might run across. While they do cover many things, there are some situations that are not covered. So what is not covered? The answer may surprise you.

When Is Umbrella Insurance Necessary?

Thu, 21 Jul 2011 08:53:56 -0500

To begin understanding when is umbrella insurance necessary, you will want to examine how umbrella policies work and their benefits. There are some common misconceptions about this type of insurance to look at when determining the types of insurance that you need, as well. Umbrella insurance is highly affordable and provides ample coverage when other types of insurance fall short.

Self - Employed Liability Insurance

Tue, 19 Jul 2011 16:15:17 -0500

Are you self-employed and not currently covered with a liability insurance plan? Then you absolutely must read this article. Chances are really high that you're at serious risk of a professional lawsuit -- even if you work from home! Read on to find out more...

What Will Your Umbrella Policy Cover? What Doesn't It Cover?

Thu, 23 Jun 2011 08:04:04 -0500

Umbrella policies can be a great addition to your protection package, but make sure that you know what they will and will NOT cover. Just because you purchase the excess liability policy, doesn't mean that you are covered for every possible situation. It is better to know the limits and restrictions before you need them than to find out they aren't covered after the fact.

Five Reasons Why You May Need A Liability Umbrella Policy?

Fri, 03 Jun 2011 08:02:39 -0500

Have you ever wondered if you might need an umbrella policy? What is an umbrella policy designed to protect? What factors should I consider before buying one? The answers to these questions and more are waiting for you inside this article.

Umbrella Insurance - The Best Liability Insurance

Wed, 25 May 2011 14:11:24 -0500

What is an umbrella insurance policy? This insurance policy has proven itself as the best insurance policy and people are curious to know more about it, so that they can avail one of the best opportunity for securing their assets and liabilities. Umbrella insurance policy as the name suggests, is a full protection plan against the hard hitting crises.

Umbrella Insurance - Through the Looking Glass

Mon, 23 May 2011 13:41:04 -0500

How do umbrella insurance policies guard us against the unforeseen events and incidents? The answer to this question is unknown to most of the people. Let's find out the answer here.

The Basics of Umbrella Insurance Policy

Mon, 23 May 2011 11:41:14 -0500

The personal assets of an individual are the assets he has purchased with his hard-earned money and therefore it would be painful to part with them. Generally, personal assets of an individual are at risk when he is unfortunately involved in a law suit filed against him, due to say an accident that may have not occurred due to his fault. The legal expenses and the amount awarded to the injured person on the other side by the judge may exceed the liability insurance covered by your home, auto and other policies.

An Overview Of Umbrella Insurance Policy

Mon, 23 May 2011 10:01:25 -0500

Jack London had said that the objectionable must be eliminated and the unexpected is to be foreseen. However, often we find ourselves in objectionable and unforeseen events. Such events can cause great damages and personal injuries.

Get Yourself Protected Against Uncertainty - Get Umbrella Insurance

Mon, 23 May 2011 09:54:20 -0500

An Umbrella provides protection against rain or sun light. The term Umbrella Insurance has the same concept and thus it is self explanatory. Umbrella Insurance is a policy, which is a bit different from other regular insurance policies.

Excess Liability Insurance - Synonymous With Savings and Peace

Fri, 20 May 2011 11:36:03 -0500

Individuals and professionals often go long ways in protecting and fortifying their assets but often miss out on backing themselves with comprehensive insurance coverage in the event of a disaster. Often times, insurance for different components are opted for which is the right option at the epidermal layer. But these insurance policies cover a certain amount with respect to the various components of your assets and you might have to pay a considerable amount of money from your pocket in case of a lawsuit.

Facts Everyone Should Know About Umbrella Insurance

Thu, 19 May 2011 15:44:54 -0500

Umbrella Insurance - sounds familiar, doesn't it? Many of us may have heard of this at one point or the other though most of us may know not much or anything about it. As the name itself indicates, the umbrella insurance protects an individual in times of legal troubles similar to an umbrella which protects one during a downpour.

Umbrella Insurance - Go for It

Thu, 19 May 2011 14:07:27 -0500

Umbrella or excess liability insurance is a cover that protects your assets and any future income beyond a standard cover limit. If you have substantial assets and have a higher income, this is a cover that you should consider purchasing. You can get sued any time for third party damages, for example if someone slipped on the floor of your business or fell down the stair case of your house, they could sue you to pay for the medical bills incurred or if you caused damage to a luxury vehicle and have only a standard insurance cover, you would have...

A Full Insurance Package for Releasing Financial Stress

Mon, 16 May 2011 14:54:41 -0500

Umbrella policy insurance has proven its mettle as the best practice to help in the bad times, but there is a need to understand its advantages. Also one needs to know that why these policies are being preferred by a large number of people? This question is often asked by the people who have heard a lot about this policy and want to figure out the true scale of benefits that they can avail from the umbrella policy insurance.

Overview Of Umbrella Excess Insurance

Thu, 12 May 2011 16:23:09 -0500

We know by now that an umbrella insurance policy is so important for people all over the globe. Most experts would advise the individuals to purchase umbrella policies so as to secure themselves against any of those unforeseen events and incidental accidents. However, people often make the mistake of not purchasing the perfect umbrella cover, which would normally solve all of their problems and worries.

The Scope Of Umbrella Liability Coverage

Thu, 12 May 2011 16:08:26 -0500

It is extremely frustrating and disappointing, when in the midst of crippling and devastating situations, one is bothered by worries of cots and legal settlements. Sure, this hassle can happen with anyone and the problems and worries are of an unexpected nature. True, there are so many options of insurance against such damages and unforeseen events.

The Overview Of Umbrella Policies

Thu, 12 May 2011 15:12:31 -0500

There could be plenty of times, when you would be surrounded viciously by numerous problems and worries. Life in today's fast and furious times has become quite unexpected. To secure yourself against the threats of financial crises, or any harm to your life and health, you would arm yourself with a good insurance policy.

How to Compare Quotes of Umbrella Liability Coverage

Thu, 12 May 2011 11:50:14 -0500

Human life is filled with uncertainties. As the technology advances, the human life is becoming more and more uncertain; so, the duty of a prudent person is to try his level best to wipe out uncertainties from his life. Though, it is not possible to wipe out uncertainties completely; but, if one try then he can get success up to a great extent.

Get an Umbrella So You Don't Get Soaked

Fri, 25 Mar 2011 16:21:53 -0500

We have auto insurance to cover medical costs and liability if we were to be at fault in an auto accident. And we have home insurance to cover the home and personal property in case of damage. But do you really have enough liability coverage?

The Facts and Truth About Umbrella Insurance

Fri, 04 Mar 2011 09:53:10 -0600

Do you volunteer on a non-profit board? Do a lot of community service? Own some nice toys - boats, motorcycles, ATV, RV, snowmobile, camper or Skidoo?

Understanding Umbrella Insurance

Wed, 12 Jan 2011 17:36:36 -0600

This is a brief overview of the need for umbrella coverage. Umbrella coverage was once thought of as necessary only for the wealthy but in today's sue happy world, we all need to be protected.

Who Needs Umbrella Insurance? You Will Be Surprised!

Tue, 04 Jan 2011 15:33:01 -0600

Many of us do not even know exactly what "personal umbrella insurance" is or does. In today's society, ordinary insurance insuring your life and property are not sufficient. This article tells you what it is, its use, its value and how to go about getting it.

Insurance Umbrella Policy - A Complete Buyer's Guide

Fri, 10 Dec 2010 13:39:46 -0600

This article provides the readers with an insight into what is an insurance umbrella policy and it also gives a completely guide of the things which one should keep in mind before buying an insurance umbrella policy. The claims which are not covered by the property or vehicle insurance are also covered by this policy.

Coordinating an Umbrella With Your Other Insurance

Fri, 05 Nov 2010 11:15:17 -0500

The coverage under an umbrella policy can be triggered when you're sued for more than your primary liability limits. It also can be triggered when you're sued for something covered only by your umbrella and not by your primary policies (in other words, the gaps). When the latter happens, the umbrella "steps down" and defends and protects you as if it were primary coverage, subject only to a modest deductible, called a self-insured retention (SIR) - typically, $250 or $500.

Introducing the Personal Umbrella Policy

Fri, 05 Nov 2010 11:13:35 -0500

You don't have enough liability insurance. Period. No one does.

Understanding Personal Umbrella Policy

Tue, 21 Sep 2010 10:50:28 -0500

What is an umbrella policy? Do you need an umbrella policy? These are reasonable questions for everyone to ask. This article will go over the basics of an umbrella policy and what it can provide.

Features of Umbrella Insurance Quote For Homeowners

Tue, 31 Aug 2010 09:59:00 -0500

The umbrella insurance quote can help complete your basic homeowner's insurance. The coverage of your basic insurance may have some limits that is why the umbrella insurance policy is needed especially when paying for expenses due to events beyond your control like lawsuits and natural calamities.

Loan Protection Insurance - An Umbrella Cover in Times of Calamity

Mon, 02 Aug 2010 14:47:47 -0500

Loan protection Insurance may be provided along with your loan. If you apply for a secured loan you may have often come across an insurance plan which provides you security against missing out on your payments.

Can a Few Hundred Dollars Save Your Financial Future? Lawsuits Equal Financial Ruin Without This

Tue, 20 Jul 2010 13:20:59 -0500

Former President Bill Clinton had this which paid out millions of dollars on his behalf. Do you know what insurance policy pays millions without you having to die? Read this and find out.

Did You Know How This Famous Person Used Their Liability Umbrella Policy?

Tue, 20 Jul 2010 12:56:02 -0500

Who should have an umbrella policy? That is hard to answer because I would never want somebody to be over insured. Yet, in such a litigious society when people are getting sued at the drop of a hat it makes for a compelling reason to at least investigate having an umbrella policy.

Universal Life Insurance Planning For Your Future

Wed, 14 Jul 2010 11:51:27 -0500

Life can be an amazing experience at times. There are some instances where everything may be just fine and then our life can be on death's door.

Summer Fun Can Land You in Court

Tue, 29 Jun 2010 16:04:45 -0500

Summertime can mean lots of outdoor fun and excitement, but these activities can also lead to serious accidents and big lawsuits. While most Auto, Home and Power Sports policies typically help provide liability protection for bodily injury and property damage, sometimes the policy limits are not enough to cover the costs associated with of a large court settlement.

Insurance Gaps For Rented Recreational Toys

Mon, 28 Jun 2010 15:54:35 -0500

Please read and make sure you understand the best way to insure your recreational vehicles. Nobody wants to realize to late, that they were not covered under there regular insurance policy.

Do I Need an Umbrella?

Mon, 28 Jun 2010 13:56:27 -0500

Have you ever hosted a party? If a guest is injured on your property or causes an accident after being served drinks at your home, you could be held responsible. Think about this for moment... We've all hosted parties, right? Liability extends off the premises as well.

4 Factual Determinants of Insurance Premiums

Fri, 25 Jun 2010 13:38:35 -0500

Without any shadow of doubt, insurance is an important mechanism that succors the individuals, states and the nation at large. You ought to or might have been maintaining one or more policies because of the peace of mind, confidence and security against financial losses that insurance proffered.

3 Common Mistakes People Make When Purchasing a Personal Umbrella Policy

Tue, 22 Jun 2010 22:12:54 -0500

You may be considering buying a personal umbrella policy to cover any gaps not included in your insurance policy. There are three common mistakes that people make when buying these type of policies. A common mistake when buying a home and auto coverage first and then by default, automatically choosing the same company that insures their home and auto policies.

Personal Liability and Covering Your Assets

Tue, 15 Jun 2010 16:36:14 -0500

Umbrella insurance is a wonderful thing to consider in the world we live in. It will provide you with more money for your accidents that may happen in life.

5 Fundamental Principles of Insurance

Sat, 12 Jun 2010 15:03:57 -0500

Insurance is a contract, a risk transfer mechanism whereby a company (Underwriter) promised to compensate or indemnify another party (Policyholder) upon the payment of reasonable premium to the insurance company to cover the subject-matter of insurance. If you are well conversant with these principles, you will be in a better position in negotiating you insurance needs.

Avoid Financial Disaster, Make Sure You Are Insured

Wed, 17 Feb 2010 15:41:48 -0600

While you may not be a Hollywood star; if you own assets, you need to be financially protected. The news is riddled with celebrities who have gone bankrupt; MC Hammer, Evander Holyfield, Willie Nelson, Hulk Hogan, the list goes on and on. How could someone who earns more than 99% of the general public declare bankruptcy? Let's examine some financial no no's and how to avoid financial trouble.

ULIP & ELSS - Appetite Factor Rating

Thu, 04 Feb 2010 08:07:55 -0600

Do you have an appetite for adventure when it comes to investments, do you love taking risks? If yes! Then here is a news flash for you: Let's start with the good news - the higher the risk the higher the return!

The Need For Umbrella Insurance

Mon, 25 Jan 2010 15:07:49 -0600

Haven't you heard about the commonplace story where someone got sued for a large amount but the insurance company was able to pay only 60 percent of the amount or so? Let's say that you are sued by another person and the court awards him a far greater compensation than what you can afford. In other words, your insurance company is able to cough up an amount that is less than what the court directed you to give to the other guy. Now you, the policy holder, has to pay additional amount from his own pocket.

Is There a Protection Cover For Mortgages?

Fri, 13 Nov 2009 17:14:19 -0600

If you are planning to buy a house and make use of your house as a collateral, then you must apply for a mortgage loan. You must be aware that in case you are unable to repay your collateral will be confiscated. You will lose your house due to non payment of secured loan. Therefore, if you feel you may be unable to make your payments at some point of time, then, it is better you opt for mortgage protection cover! This will protect you from any loan defaults. Read on to find out how?

Top Tips For Buying Income Protection

Wed, 04 Nov 2009 13:56:26 -0600

How do you make sure the income protection policy you are selecting is right for you? Here are the key areas of income protection to think about when purchasing this cover.

Lottery Winners' Liability - Best Defense Against Frivolous Lawsuits is an Umbrella Insurance Policy

Tue, 29 Sep 2009 10:40:57 -0500

Picture this scenario - You win the lottery and you start to buy the things you've always dreamed of. You buy a big, beautiful house, a new luxury car, a shiny yacht. You might say to yourself, "Forget about insurance - If anything happens to my property, I have enough money to just replace it." This may be true, but you probably haven't considered liability, especially since you are rich and have just become a target for lawsuits, especially frivolous lawsuits. A good umbrella insurance policy would cover this.

Make Sure You Have Enough Insurance

Fri, 11 Sep 2009 10:14:46 -0500

Everyone buys insurance. You have to if you drive or own a home. It's a good idea even if you don't. But how do you know how much insurance to get? There's no sense in paying for insurance you don't need, but you want to make sure you're covered.

Do I Need Payment Protection Insurance?

Mon, 10 Aug 2009 21:10:03 -0500

Payment Protection Insurance (PPI) is a loan that is provided to cover a debt that is presently outstanding. It is an insurance product in the form of loan or an overdraft, and is commonly sold by banks, insurance companies and other credit providers as an add-on to the loan or overdraft.

How to Get Umbrella Insurance at the Best Price

Tue, 02 Jun 2009 15:31:31 -0500

Peace of mind could be worth a lot. That is why I suggest having an umbrella insurance policy. It shields you from liability from charges that go beyond what your traditional insurance covers. In this article I will tell you why and you should have an umbrella policy and how to obtain one.

Personal Umbrella Protection - Added Protection For Extraordinary Circumstances

Fri, 01 May 2009 11:22:58 -0500

You can buy all the coverage you want for home and auto insurance, but it doesn't mean that you will be completely covered. Though the odds of it happening are slim, perhaps you will be served several claims because you were the cause of a multi-car pile up on the freeway, or you will be sued for an unreal amount of money by a man or woman who fell on your property..

Who Needs an Umbrella?

Tue, 07 Apr 2009 09:19:11 -0500

Personal liability; taken too seriously or to lightly? Insurance is very risky business no pun intended. We will take a look at various forms of liability. How does liability arise? Kids are a good guess. Only one of the many possible pitfalls out there. We will discuss the spectrum of responsibility in relation to the different types of liability. And, last but not least, we will have a look at the various methods for covering these liabilities. In summation never let 'em tell ya self insuring is the way to go, unless you're Bill Gates.

You Need an Umbrella Policy to Become a Millionaire

Thu, 19 Mar 2009 11:40:43 -0500

Have you ever been caught out in the rain without an umbrella? If so, I'll bet that you felt really stupid, right? In addition, you got soaking wet and most likely caught a nasty head cold as well. Well, in these uncertain times, it's just as dumb to venture forth without the proper financial "umbrella" to protect your assets from those unexpected financial storms.

The 411 on Your Umbrella Policy

Fri, 27 Feb 2009 07:35:26 -0600

What is an umbrella used for, really? It keeps you dry, protects your hairstyle from the rain and makes a great conversation piece when you're getting together with your friends for coffee. An umbrella policy isn't quite as versatile as its nylon counterpart (hairspray may be a complete waste of time if it's raining) but it does serve a very vital purpose-protecting your finances from unforeseeable disasters that can bleed your bank account dry.

A Personal Liability Umbrella For a Rainy Day

Thu, 12 Feb 2009 08:26:31 -0600

There are so many "rainy days" that people can experience - a sick child, a broken-down car or a late mortgage payment. But what about a lawsuit?

The Importance of Personal Liability Insurance

Tue, 18 Nov 2008 14:58:20 -0600

Personal Liability Insurance. Learn why it's important to cover your assets with an umbrella policy.

Why You Need an Umbrella Insurance Policy

Wed, 08 Oct 2008 13:44:26 -0500

We have all heard stories where someone gets sued for a huge amount, but the insurance company only covers a certain amount. The Insurance Company goes to court for the policy holder, but the courts award more money than the face value of the policy. The Insurance company pays up to their limits and the lawsuit requires the policy holder to come up with the difference. The policy holder inevitably does not have that much in liquid assets and thus, they lose everything they have. Why did this have to happen?

Umbrella Companies

Mon, 29 Sep 2008 14:05:37 -0500

In the UK, an umbrella company acts as employer to independent contractors who work under temporary contract, usually through a specialist employment agency. Recruitment agencies will only issue contracts to a limited company. Since the introduction of the Managed Service Company legislation in the 2007 budget, the only way an independent contractor can comply with this requirement is to set up his or her own personal limited company or use an umbrella company.

So You Think You Are Prepared Financially?

Tue, 24 Jun 2008 11:49:14 -0500

What happens when you are sued for more than your basic homeowners or auto insurance policy covers and are found liable? Well, for most people, it would mean liquidating unprotected assets in order to satisfy the judgment. This may mean garnished wages, selling property, and possibly losing some of your investments. This is certainly a situation that could ruin your life, but there are ways to protect yourself.

An Umbrella Policy - How It Will Help You Pay Less For Superior Auto Insurance

Wed, 12 Mar 2008 14:54:02 -0500

Buy an umbrella policy and reduce your bodily injury liability coverage to the barest minimum stipulated by law. The more substantial your asset, they more this recommendation is true in your case.

Why You Need An Umbrella Insurance Policy?

Thu, 21 Feb 2008 08:43:54 -0600

You might have heard about Umbrella Insurance, but may be you do not exactly know what it means. It does not guarantee you to stay dry, while walking in the rain, but it provides an umbrella of almost everything that other traditional insurance policies do not.

Why You Should Consider Umbrella Insurance

Wed, 10 Oct 2007 16:03:12 -0500

Why do you carry an umbrella? The easy answer is so that you protect yourself from the rain, right? Well, not exactly.

Financial Protection - The Best One Can Expect To Get

Thu, 27 Sep 2007 15:44:07 -0500

The respite that services like financial protection bring to people is simply amazing and cannot be described in words. No matter how desperate the situation, with services like financial protection around, one need not fear about anything.

Income Protection - A Reliable Way To Protect Your Finance

Thu, 02 Aug 2007 16:11:47 -0500

Availing an income protection insurance is meant specially for those who are too able to go to carry on their regular work. Giving them a reliable source of financial protection, this insurance pays compensation to you which is equal to up to 60%-75% of your current salary.

Income Protection Insurance: A Boon for the Salaried Class

Tue, 17 Jul 2007 16:32:53 -0500

This article discusses that how the income protection insurance has proved to be a boon to people who are dependent on their fixed monthly salary in order to maintain a certain standard of dignified livelihood.

Health Insurance- an Umbrella for The Rainy Days

Tue, 03 Jul 2007 11:05:11 -0500

Health insurance ensures health and financial security. It supports a person financially during medical emergencies.

Insurance Phoenix - The Amazing Umbrella Policy

Fri, 13 Apr 2007 14:45:14 -0500

Umbrella insurance protection is usually one of the last insurance products a consumer buys. I understand the reasoning. A family budget is stretched thin and we often feel "insurance poor".

Umbrella Insurance Policies and Why You Need Them

Thu, 01 Mar 2007 08:48:32 -0600

If you are like me then you have lots of various insurance policies. Some are required by banks or lending institutions, others provide peace of mind from your worst fears. Unfortunately, even with all the coverage for all these various things, sometimes it is just not enough. This is why you need to discuss and umbrella insurance policy with your insurance agent, broker or independent insurance agent.