Author: Frank Addessi

The Homeowner’s Guide to Flood Insurance

It’s raining, it’s pouring… Water, water, everywhere… Raindrops keep fallin’ on my head… Water is so vital to our lives that it is celebrated in nursery rhymes, poems and popular music, but when water damages or destroys our homes, there is nothing romantic about it. Even less romantic is the fact that flood damage is …

Categories: Insurance

Home Insurance & Earthquake Safety Resource

Many people mistakenly believe that if they do not live along the West Coast – or more precisely, on a fault along the West Coast – they are immune to earthquakes and related disasters like tsunamis, fires, and mudslides. However, the majority of Americans live in an area  with significant risk of a magnitude 4 …

Categories: Insurance

Disability Insurance: Understanding Your Options

Compare Life Insurance by Visiting Our Life Insurance Resource Center.   The possibility of becoming disabled seems so remote to most Americans, that few of us have enough saved to cover three month’s worth of living expenses in the event of a major accident or illness; according to the Council for Disability Awareness (CDA), most …

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Military Service and Life Insurance

Compare Life Insurance by Visiting Our Life Insurance Resource Center. Over 1.3 million American men and women now serve in the U.S. armed forces. There are many well-known benefit programs offered to these military personnel – one of the most important (and possibly overlooked) of these is exclusive access to low cost life insurance policies. …

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Burglaries and Your Home Insurance: Advice and Prevention

For Free Online Home Insurance Quotes, Visit Our Home Insurance Resource Center. There are few things in life more traumatic than arriving home and discovering you’ve been burglarized. According to the FBI, more than 2.5 million reported burglaries occurred in the United States in 2012, or in roughly 1 in every 4.5 homes. As common …

Categories: Insurance

Home Insurance: Solar Panels & Other Environmental Add-Ons

For Free Online Home Insurance Quotes, Visit Our Home Insurance Resource Center. Eco-friendly home improvement projects are becoming ever more popular among homeowners eager to reduce their home’s carbon impact and save more on recurring energy or repair costs. According to the National Association of Home Builders, current trends indicate that up to 38 percent …

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Mistakes Happen, The Trick is to Learn From Them

I’m excited to introduce you to another Simple Dollar writer, Frank Addessi. Frank has written about funeral insurance, whole life insurance, fire insurance and more — be sure to take a look at all of his articles. Feel free to share your experiences in the comments, or reach out to the writers via their contact …

Categories: Insurance, Life

Cash Value and Life Insurance: How to Pull Money Out of Your Policy

Compare Life Insurance by Visiting Our Life Insurance Resource Center. At some point in our formative years we’ve had a parent or caregiver say to us “just because your friend jumps off a bridge doesn’t mean you should.” Of course they were trying to teach us that just because you can do something doesn’t make …

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Home Insurance: What You Need to Know About Fire Safety & Fire Insurance

For Free Online Home Insurance Quotes, Visit Our Home Insurance Resource Center. In 2011, fire departments in the United States responded to 370,000 fires in the home. These fires resulted in more than 2,500 civilian deaths and nearly 14,000 civilian injuries, with almost $7 billion in direct property damage and an incalculable amount of personal …

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Will Your Home’s Location Affect Your Home Insurance Rates?

For Free Online Home Insurance Quotes, Visit Our Home Insurance Resource Center. Yes it will. Thank you and goodnight. It should come as no surprise that the cost of homeowners insurance varies. The real secret lies in determining why that is and if there is anything you can do about it. Well, yes there is. …

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Life Insurance Loopholes To Avoid

Compare Life Insurance by Visiting Our Life Insurance Resource Center. Life insurance policies are contracts, and like all contracts, many of the important items are often found in the fine print. In the case of life insurance policies, the fine print refers to the body of the contract where exclusions are spelled out. Exclusions are …

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How to Build and Borrow Cash From Your Life Insurance Policy

Compare Life Insurance by Visiting Our Life Insurance Resource Center. Life insurance comes in two basic flavors: term and permanent. Term insurance is pure insurance, and as such, its only benefit is the death benefit. Permanent insurance includes whole life, universal life and variable life, and has living benefits — foremost of which is the …

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An Introduction to Earning Dividends with a Participating Policy Contract

Compare Life Insurance by Visiting Our Life Insurance Resource Center. Life insurance is like ice cream, it comes in lots of flavors, and like ice cream flavors, no form of life insurance is clearly better than the rest. It’s all about personal preference which, when it comes to life insurance, can have a great deal …

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Who Needs Whole Life Insurance Coverage?

Whole life insurance, like term insurance, will pay your beneficiaries a specific amount of money upon your death. The primary difference between term and whole life is that term insurance provides coverage for a set period (10 or 20 years, for instance), while whole life insurance pays its benefit as long as premiums have been …

Categories: Insurance

Term Life Insurance: How Convertibles and Guaranteed Renewals Work

Starting a family comes with questions you never had to consider before, such as the financial well-being of your loved ones following your death. Life insurance will provide for their needs later, but right now you just can’t afford permanent insurance; whole, universal or variable life. Like many first time life insurance buyers you’ve decided …

Categories: Insurance

Face and Offset Funeral Costs Early with Life Insurance

Compare Life Insurance by Visiting Our Life Insurance Resource Center. Planning our own funeral or making plans for our own post-mortem is uncomfortable. But, as Benjamin Franklin said, “In this world nothing can be said to be certain, except death and taxes.” It may be easier to avoid confronting mortality by leaving the funeral planning …

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