Insurance Basics 101

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Insurance Basics 101 – This is a place for the community to provide tips and advice on Insurance Basics 101. This topic was created by Dennis Kuwabara and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Tip 1 - Choosing the right life insurance

Published: 9 years, 5 month(s) ago | Submitted by rickbatappledual G 5 | permalink

Money's guide to life insurance: What you need to know about life insurance, including types of insurance policies, and deciding on how much coverage you need.
Tags: life insurance policy, policies, life, insurance, policy, types of policies, buying strategies, how much life insurance coverage, long term vs short term life insurance policies, health, online life insurance, shopping for life insurance policy, Money Magazine, CNNMoney

For further reading: http://money.cnn.com/magazines/moneymag/money101/lesson20/ ^[1]

Tip 2 - Insurance 101 - The Insurance Basics You Need Covered Now

Published: 9 years, 5 month(s) ago | Submitted by Elaine Ross | permalink

Just getting your first home and car insurance? Moving out on your own? Need to know just the facts to get yourself covered? Insurance 101 is the place! Scroll through the most popular insurance categories and find informative articles on affordable health insurance, gap insurance, umbrella insurance and car insurance along with the other insurance basics to get you adequately covered now.

For further reading: http://personalinsure.about.com/od/health/a/aa040505a.htm ^[2]

Tip 3 - What is Life Insurance? - Life Insurance Basics - Fidelity

Published: 9 years, 5 month(s) ago | Submitted by Fe Ribeiro | permalink

Life insurance pays a benefit to your survivors (known as beneficiaries) in the event of your passing. This benefit is typically income tax free and paid directly to the beneficiaries, bypassing the delays and expenses of the probate process.
Tags: life insurance, insurance, what is life insurance, life insurance basics, life insurance faq

For further reading: https://www.fidelity.com/life-insurance-planning/what-is-life-insurance ^[3]