Unum Critical Illness Insurance can help employees offset direct and indirect expenses incurred from a serious illness. Learn more about how this coverage works, how it can strengthen your benefits package or contact a Unum representative to request more information.
2. The most common flood insurance is offered through the federally regulated program known as the National Flood Insurance Program (NFIP). It has two policies: One that covers your actual home (building property) up to $250,000; One that covers your personal property up to $100,000; You can buy one or both.
General insurance helps us protect ourselves and the things we value, such as our homes, our cars and our valuables, from the financial impact of risks, big and small – from fire, flood, storm and earthquake, to theft, car accidents, travel mishaps – and even from the costs of legal action against us.
In health insurance terminology, a clinic, hospital, doctor, laboratory, healthcare practitioner, or pharmacy that treats an individual is known as the "provider." The "insured" is the owner of the health insurance policy or the person with the health insurance coverage.
As a homeowner, you can typically purchase three different types of home insurance policies. They are: Homeowners 1 (HO1): With this policy, your property is covered against 11 basic perils. Homeowners 2 (HO2): This policy protects your property against 18 perils (including 11 perils from Homeowners 1).
Auto liability insurance is a type of car insurance coverage that's required by law in most states. If you cause an accident, liability coverage helps pay for the other person's expenses. There are two types of auto liability coverage that drivers in each state must have: bodily injury liability coverage and property damage liability coverage.
Multiple peril insurance is a policy meant to cover more damage and loss than regular property insurance. It often combines the feature of a comprehensive property insurance that covers several risks and a policy covering a particular peril such as flood or earthquake.
Pet insurance – or veterinary health insurance for your cat or dog - is about being prepared for the unexpected. Having a plan with a top-tier company gives you financial protection; in the event you’re faced with an expensive $2,000-6,000 surgery for your pet, a good insurance policy will pay up to 90% of that vet bill.
Treaty Reinsurance means that the ceding company and the reinsurer negotiate and execute a reinsurance contract under which the reinsurer covers the specified share of all the insurance policies issued by the ceding company which come within the scope of that contract.
A renters insurance policy is a group of coverages designed to help protect you and your belongings. A typical renters insurance policy includes liability coverage, protection for your belongings and coverage for additional living expenses, should the home you're renting become temporarily uninhabitable.
What is travel insurance? Many different people loosely understand travel insurance to mean many different things. However, travel insurance primarily falls into two broad categories: Package plan that includes trip cancellation insurance. Package plan that does not include trip cancellation insurance but primarily focuses on travel medical insurance.
Auto insurance is a contract between you and the insurance company that protects you against financial loss in the event of an accident or theft. In exchange for your paying a premium, the insurance company agrees to pay your losses as outlined in your policy.