BEEVAKAY

NAZNET The cyber bad boys are always there looking for digital fault lines which they can  exploit. This is why digital assets like data should be insured at all times. Given the speed at which technology and data are spreading , insuring digital assets is not a bad idea and should always be done without failure. What if  fire burns down your office?☺ You should be thinking about this if you own an office. You  won't be able to run your business for weeks or months. Property damage risks like fires or burglary threaten your servers, backups, and other physical data storage devices. Such losses could bring about a slump in productivity, raise data-recovery costs or could harm a long-standing customer relationship. That is why most Insurance Companies have come up with this policy. Cyber insurance policies can  give businesses access to qualified recovery specialists who can help them bounce back from an incident. So what are the requirements to get this ...

NAZNET A single person with no dependents Incase you're a single person with no dependents, you probably don't need life insurance. That's not to say buying life insurance is a bad idea if you are single and have no dependents your designated beneficiary, whoever it may be, will still get a cash payout. However, there may a better use for the money you would use to pay the premiums. **Check on MARANDA SCHOOL, BENDANISH Retirees Life insurance premiums tend to increase with age as health declines, a person's life becomes more expensive to insure so buying a policy later in life is typically not cost-effective. If you have heirs, there are often better ways to make sure they are taken care of financially in your absence than buying a last-minute life insurance policy. Kids and college students Children and college students don't need their own life insurance policy. In that case, it's possible to purchase a policy for the child, although the adul...

NAZNET When people have sufficient life insurance coverage, they can rest assured that their family and their home will be taken care of well into the future. 1 . Funeral Expenses Funerals, even cremations, are expensive affairs. Having to pay final expenses out-of-pocket while you are grieving over a loved one’s death is a terrible situation. By opening a burial insurance policy, you can make sure your loved ones are not burdened financially after your passing. 2 . Debt Cover Death does not cause debts to go away. Your heirs will be left holding the bill if you die without life insurance. This could cause financial ruin to a young family with few resources. Life insurance that covers all of your debts can be an important investment in your family’s future. 3 . Business Cover If you own a business, it is wise to carry a large enough insurance policy to cover at least a year’s worth of your budget. This will keep your business afloat in the event that you pass on. Many small bus...

NAZNET What is wedding insurance? Wedding insurance, which is also billed as special event insurance, is an insurance policy that covers cancellation of a major event due to bad weather or  death, illness, or serious injury of a key participant. What happens if the photographer or DJ gets sick?  What is the backup plan if the caterer drops the cake?   Is the company insured?  What are the penalties if the company fails to deliver on the promised goods or services?  What happens if you need to cancel the contract?  Fire, flood, or act of God Many couples assume that purchasing wedding insurance will take care of them in case of a major weather event or other forces outside of their control. Unfortunately, that's not necessarily the case.  While cancellation or postponement coverage on a wedding policy could pay out in the event of an extreme weather phenomenon, it's generally only honored in the case of a statewide emergency. A ...

Here are  some of the  reasons you should buy a travel insurance plan 1. Loss or misplaced baggage cover If your luggage is lost or misplaced, you don’t need to  worry as it would be recompensed by the travel insurance provider. Your travel insurance policy will cover the cost of daily essentials that you lost with your luggage. Your travel insurance policy will include the cost of clothing, toiletries, medicines etc. that you would need until you get your luggage back.  2. Cover for misplaced or lost of passport and travel documents In case your passport is lost or stolen, you can get compensation for the amount paid in getting travel documents and a duplicate passport. The travel insurance provider will offer you assistance in the replacement process. The insurer will help in coordinating with nearby Consulate Office or the local authorities. 3. Cancellation of trip   If you have a travel insurance policy you can get compensation for an...

This is the money charged by insurance companies for coverage. Insurance premiums for services differ from company to company, so it is advisable that individuals shop around for insurance premiums. However, it is important to note that, sometimes, insurance premiums quoted are slightly different from the premiums charged.  The level of insurance premium charged to a customer depends on statistical data that exists about life history, age and health. For example, a 25-year-old man who drives a sports car is more likely to pay a higher insurance premium than a 50-year-old man who drives a four-door sedan. Every customer that applies for insurance goes through the underwriting process. The underwriting process involves investigation into familial diseases, analysis of reports like medical information bureau and motor vehicle reports. After analyzing the data, the actuary tries to predict how likely the insurance applicant will make a claim on their policy. The higher the probabil...

Gap Insurance  is optional add-on car insurance coverage that can help you cover the  gap between the amount you owe on your car and its actual cash value  in the event it is totally destroyed in a car accident.It may be optional but also important in some cases. Gap insurance may be a good idea for leased cars which you do not own fully.leased vehicles depreciate quickly. Therefore, if you didn’t put much money down and you still owe a sizable amount on your total lease payment, you’ll likely owe more than the car is worth if you get into an accident. That’s especially true if the accident occurs soon after you drive off the dealer’s lot and the car hasn’t suffered as much depreciation. Keep in mind, however, that the gap is constantly fluctuating. The difference between what you owe and what the car’s worth shrinks as you make monthly payments and as the car depreciates. So, you definitely won’t need the coverage for your ent...