In our previous post we explained what Riders and Endorsements are and gave some examples of these on a P&C policy. Today we’ll talk about riders on Life Insurance products.
Remember, a ‘rider’ is a temporary addition to an insurance policy that can be added or removed that does not change the original benefits stated in a policy and an ‘endorsement’ is a permanent change to increase benefits to an existing policy and both result in additional premiums.
If you’ve ever needed to make a change to your insurance policy or done research into adding coverage, you may have heard the terms Rider and/or Endorsement and wondered, What is the Difference?
In this post we’ll explain and hopefully you’ll feel better informed when it comes to your insurance policies.
Whether you think of moving as a grand adventure or one of the most stress-filled undertakings you ever endure, changing locations is something many of us do at least once in our lifetime. We’ve compiled a few tips to help you transition a little more smoothly.
We’ve shared with you the importance of understanding your home owner insurance policy as well as different types of deductions you may be entitled to under said policy. We’ve also given some advice on travelling smart, fire safety tips and vacation preparedness to help protect your home, especially when you’re away.
Today let’s talk about the importance of insuring a vacant home.
First though, we’ll look at some instances when you may have a vacant home to insure…..
Last year we talked a couple of times about safety and travelling. We gave you some Hurricane Evacuation Tips and Vacation Preparedness Tips. We also shared Holiday Safety Tips, Fun in the Sun Safety Tips and Tips for staying safe at Festivals.
As all of these tips revolve around travelling – even though that may not be far from home – I thought it would be great to condense the above-mentioned tips into one, easy-to-find article.
While scrolling around on social media, (depending on your audience) you may have come across the phrase “Insure Your Love” or hashtag, #insureyourlove and wondered what that was all about.
I know I did!
“When you change the way you look at things, the things you look at change.” This quote was made famous by Dr. Wayne Dyer, PHD and it is true in so many ways.
Of course, Dr. Dyer was talking about people, places, things and circumstances in your life, but let’s examine this advice in light of insurance.
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