What are the advantages of whole life insurance?
The primary advantages of whole life insurance are: Protection for life – It doesn’t expire or go down in value. Level Premiums – The rate you pay for you...
Knowledge Base
Latest insights and tutorials from the The Daily Horizon team.
Are you liable if a roofer falls off your roof?
Technically, no, the building owner can’t be liable for a contractor’s actions – unless it can be proved that the incident occurred due to the building ow...
Read More →What is a notice of claim in insurance?
Notice of Claim Provision — a provision in a liability insurance policy requiring the insured to promptly notify the insurer in the event that a claim is ...
Read More →Does title insurance run with the land?
Title insurance does not run with the land. Coverage is thus limited to the tenure of the named insured, or as long as the insured has liability because o...
Read More →What is flat extra in life insurance?
A flat extra rating is simple – the insurance company charges an extra dollar amount for every thousand dollars of coverage you purchase. … What is extra ...
Read More →Can my insurance cover my parents?
A: No, you cannot include your parents on your plan. They must enroll in their own health plan through their job, an individual insurance plan or Medicare...
Read More →How easy is it to cancel a life insurance policy?
Canceling your term policy couldn’t be easier: just stop paying your premium and write a letter or call your insurer to let them know you are canceling th...
Read More →How many people switch insurance every year?
Car insurance saw an increase in people switching, albeit by just one per cent, from 27 per cent in the year to December 2017 to 28 per cent in the year t...
Read More →Will my car insurance go down when my daughter turns 18?
The cost of car insurance typically goes down the most between the ages of 18 and 19, when rates drop by about 25% on average. Car insurance premiums gene...
Read More →Who is to blame in a 3 car pile-up?
Three-car collisions Generally, the vehicle in front will get less blame, but the driver could be found partially liable if it’s proved that they were dri...
Read More →