Finsurlog 
Level-premium insurance refers to a type of life insurance, whether permanent or term, where the premium stays consistent throughout the life of the policy. This means that the premiums are locked in and will not change during the duration of the contract. In the case of permanent insurance, such as whole life, the coverage amount
Whole life insurance offers lifelong coverage for the insured individual. Besides delivering a tax-free death benefit, it also includes a savings element where cash value can build up over time. The interest on this cash value grows on a tax-deferred basis. It is a type of permanent life insurance that provides coverage for your entire
Self-insurance is a strategy for managing risk where a person or business reserves a certain amount of money to cover unexpected losses. In theory, you can self-insure for any kind of damage, such as from floods or fires. However, in reality, most individuals opt to buy insurance to protect themselves from large, rare losses. Learn
It’s among the most hectic shopping days in the retail sector. It marks the occasion when numerous shoppers hurry to buy last-minute holiday presents and snag great deals. This event takes place on the second Monday of December each year. The phrase “Green Monday” is said to have been coined by eBay as a way
An “emergency fund” is essentially a reserve of money set aside for unexpected financial challenges. Its main goal is to enhance financial stability by providing a cushion for unforeseen costs, like medical emergencies or significant home repairs. You can learn more about Emergency Fund below. Typically, the assets in an emergency fund are cash or
Financial Independence, Retire Early (FIRE) is a community of individuals committed to a strategy of significant saving and investing, aiming to retire much sooner than what conventional financial plans typically allow. The 1992 bestseller Your Money or Your Life by Vicki Robin and Joe Dominguez played a key role in bringing many ideas associated with
Donald Trump is an American businessman, TV star, and politician who was the 45th president of the United States from 2017 to 2021. He was born on June 14, 1946, in Queens, New York, and grew up in a wealthy family. He went to the Wharton School of the University of Pennsylvania and got a
As the 2024 U.S. Presidential election draws near, folks are wondering how Donald Trump’s policies might affect their personal finances if he’s back in the White House. With a history of tax cuts, deregulation, and an eye on economic growth, Trump has his fans who think he can make their money work harder. But is
Oh no! You just got into a little fender bender and now you’re curious if that accident forgiveness perk you added to your car insurance will come in handy. Accident forgiveness is an option you can include in your auto policy with certain insurers, and it basically means they’ll overlook the accident if it’s your
A car insurance premium is what you shell out to your auto insurance company to keep you and your vehicle covered. The insurer figures out this cost based on their assessment of how likely you are to file a claim or have someone else claim against you if you cause an accident. How Much Is