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Smart Ways To Lower Your Life Insurance Rates

26 August 2021 Category: Life Insurance

Smart Ways to Lower Your Life Insurance Rates

The importance of taking out life insurance cannot be overemphasized, but without careful planning, you may end up with significantly higher premiums. The following are some ways in which you can lower your life insurance rates. 1. Focus on financially sound companies Look around for the best insurance companies by reading online reviews and checking their ratings. Top-rated providers tend to have positive reviews from existing or former clients. For the best coverage plans, settle for a financially capable insurance provider. 2. Shop around to get a sense of the […]
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What To Expect If Your Car Insurance Policy Lapses

12 August 2021 Category: Auto Insurance

What to Expect If Your Car Insurance Policy Lapses

A lapse in car insurance is the period when a registered car is without coverage. Like all types of insurance policies, car insurance requires the policyholder to pay premiums. Premiums are payments made in exchange for coverage of your vehicle, should any damages or losses occur. These payments are made periodically, usually monthly, to the insurance company. Failure to keep up with payments can lead to a policy cancellation, leaving you without coverage. Other reasons why your auto coverage could lapse include deployment, you no longer drive, etc. Most insurance […]
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