Details about Apparent insurance

Apparent insurance

Apparent insurance is a type of insurance that pays claims based on the insured’s apparent behavior and their associated data. The concept is similar to credit scores, although it is not strictly a score. It does not work in all legal jurisdictions. An example of apparent insurance is the risk modeling for Allstate. This would … Read more

Parachute insurance: Pros and con of this insurance

Parachute insurance

Parachute insurance (also known as personal accident insurance) is an extension of traditional life insurance that offers a sum of money to beneficiaries when the insured dies due to a non-medical reason. This article will go through parachute benefits, how it works, who should get it, and other factors to take into account. An example … Read more