The benefits of health insurance are numerous. With the increasing cost of medical care, many people are finding it a challenge to pay for medical expenses out-of-pocket. Health insurance can help cover these costs, allowing you to take better care of yourself and your family.
Health insurance is a form of coverage that covers medical costs that arise because of a physical illness. These costs can include hospitalization fees, cost of medication or physician consultation fees and more!
Having health insurance is important for your peace of mind and your ability to receive medical care if you need it
A mortgage is an agreement between you (the borrower) and a mortgage lender to buy or refinance a home without having all the cash upfront. This agreement gives lenders the legal rights to repossess a property if you fail to meet the terms of your mortgage, most commonly by not repaying the money you've borrowed plus interest.
When you're sick and in need of care, the last thing you should have to worry about is how you're going to pay for it.
Car insurance is a type of insurance policy that protects your vehicle—and your bank account—from the costs of accidents, theft, and other damages. If you get into an accident, depending on the severity of the claims and the circumstances that led to it, your car insurance company can cover at least some of the expenses involved.
Your age - The younger you are when you get your policy, the less you’ll pay. That’s because your chance of death is smaller. Your sex - Females generally live longer than men, which means they tend to pay less for life insurance. Your health - Your past and current medical conditions will all affect your rates. Your lifestyle - Your driving history (like a DUI conviction), criminal record, and hobbies/occupations can all result in higher life insurance rates.
When you get a mortgage, your lender gives you a set amount of money to buy the home. You agree to pay back your loan – with interest – over a period of several years. The lender's rights to the home continue until the mortgage is fully paid off. Fully amortized loans have a set payment schedule so that the loan is paid off at the end of your term. The difference between a mortgage and other loans is that if you fail to repay the loan, your lender can sell your home to recoup its losses. Contrast that to what happens if you fail to make credit card payments: You don’t have to return the things you bought with the credit card, though