Captive Insurance Company
An insurer established and owned by a non-insurance parent company (or group of companies) to insure the risks of its owner(s). Captives are a form of self-insurance …
Captive Insurance Company Read MoreAuthor: Naing
Long-Term Care (LTC) Insurance
A policy designed to cover the costs of services required when an individual can no longer perform a certain number of Activities of Daily Living (ADLs), such as …
Long-Term Care (LTC) Insurance Read MoreLegal Insurance: The Safety Net Everyone Should Have
What Is Legal Insurance? Legal insurance is a plan that helps you pay for legal advice, services, and representation when you need it.Think of it as health insurance for your …
Legal Insurance: The Safety Net Everyone Should Have Read MoreLegal Insurance: Protect Your Future Before Problems Arise
What Does Legal Insurance Mean? Legal insurance — sometimes called legal protection coverage — is a type of insurance that helps cover the cost of legal services.Instead of paying a …
Legal Insurance: Protect Your Future Before Problems Arise Read MoreLegal Insurance: The Affordable Way to Access Justice
What Is Legal Insurance? Legal insurance is a simple yet powerful tool that gives you access to professional legal help — without the fear of high costs.For a small monthly …
Legal Insurance: The Affordable Way to Access Justice Read MoreIndemnity and Contribution (Advanced Application
These two principles apply together when multiple policies cover the same property (e.g., two property insurance policies). The principle of indemnity ensures the total payout does not …
Indemnity and Contribution (Advanced Application Read MorePeril vs. Hazard:
Peril: The cause of loss (e.g., fire). Hazard: A condition that increases the probability or severity of a loss from a peril. Physical Hazard (e.g., oily …
Peril vs. Hazard: Read MoreLegal Insurance: The Smart Way to Stay Protected Every Day
What Is Legal Insurance? Legal insurance — sometimes called legal protection insurance — is a plan that helps cover the cost of legal services.Instead of paying expensive lawyer fees when …
Legal Insurance: The Smart Way to Stay Protected Every Day Read MoreLegal Insurance Explained: Turning Legal Confusion Into Confidence
Understanding the Basics Legal insurance is a membership-based protection plan that gives you access to lawyers and legal advice whenever you need it — without paying high hourly fees.It works …
Legal Insurance Explained: Turning Legal Confusion Into Confidence Read MoreWhy Everyone Needs Legal Insurance — Even If You Think You Don’t
The Myth: “I’ll Never Need a Lawyer” Most people believe legal help is only for serious problems like lawsuits or arrests. In reality, everyday life is full of legal situations …
Why Everyone Needs Legal Insurance — Even If You Think You Don’t Read More