“Premium” is the price of an insurance policy, typically paid monthly. “Deductible” is the amount an insurance client pays ...

Discover what consequential losses are, how they differ from direct losses, and why business interruption insurance is ...

The IRS continues its war on captive insurance through its annual announcement that microcaptive insurance companies remain on the Dirty Dozen list. Yet, the IRS declines to adhere to a coherent ...

Joint life insurance is a policy that covers two people rather than one. It may be a permanent policy ( whole, universal, or variable ), or a term policy, though most are permanent policies. Married ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Doretha Clemons, Ph.D., MBA, PMP, has been a corporate IT executive and professor for 34 ...

Coinsurance is a split cost between you and your insurer after meeting your deductible. Copays are fixed upfront charges that apply before meeting your deductible. Property insurance coinsurance ...

Find out whether you need to get PIP and if you can benefit from it.