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What Are Compensatory Damages?

DEFINITION: Compensatory damages are monetary awards awarded to a plaintiff that are …

How To Get Paid To Take Care of a Family Member With a Disability

Are you taking care of a family member with a handicap who’s struggling to handle their dai…

What Is Insurance Underwriting?

DEFINITION: Insurance underwriting is how an insurance firm analyzes its risk. It helps…

What Are Insurance Premiums?

DEFINITION : An insurance premium is the amount of money the insurance company charges you …

What Is an Insurance Guaranty Fund?

You have just received a letter from your state's insurance commissioner, and your…

Why Insurance Price Optimization Makes Shopping Around Crucial

Insurers have long utilized risk assessments as part of establishing the price of a house i…

What Is a Flexible Spending Account?

DEFINITION: A flexible spending account (FSA) is an employer-sponsored savings account tha…

What Is an Insurance Deductible?

DEFINITION: An insurance deductible is the amount of money you will pay on an insurance cl…

What Are the 5 Parts of an Insurance Policy?

Insurance policy documentation provide the nuts and bolts of your coverage. They explain ou…

What Is Insurance?

DEFINITION: Insurance may help you pay the cost of unforeseen life occurrences, including a…

How Do I Start Investing When I'm Afraid To Lose Money?

Dear Kristin, When should I start investing my money? I'm hesitant to put money somepla…

The Power of Compound Interest

It is said that Albert Einstein once joked that the most powerful force in the cosmos …
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