When it comes to insurance for your car, it’s important to be truthful about any modifications you’ve made. This includes alloy wheels. While they don’t necessarily affect the safety of your vehicle, they can be more expensive to replace than steel wheels. As a result, your insurance company may charge you a higher premium if … Read more
When a life insurance policy reaches its endowment period, it has matured and is ready to pay out. The policyholder or beneficiary will receive a lump sum payment, known as the endowment value. This value is typically comprised of the total premiums paid into the policy, plus any accumulated interest or dividends. Endowment policies are … Read more
Flood insurance is specifically designed to protect against financial losses caused by flooding. However, there are certain types of damages and losses that are not covered by standard flood insurance policies. These include damage caused by sewage or drain backups, wear and tear, mechanical breakdowns, and flooding caused by earthquakes or other earth movements. Additionally, … Read more