home owners insurance for dummies
One of the main points of this review is basically avoid spending on "Dinky insurance. Remember that small policies are cheap, because it really does not cover most losses. The following are insurance policies or programs (by Charles Myrick of American Consultants Inc) that are designed to get your money, but are really a waste, especially during this time and age when every dollar is essential.
Dental Insurance:
Take this insurance only if your employer is paying for it, basically, but forget to pay for himself. Dental insurance is basically a discount plan that basically expensive covers a few teeth cleaning than a year and offers a discount rate for the more expensive.
Credit life and disability policies Credit:
Credit life plans is to pay a small benefit if the insured person has an outstanding loan. A disability plan Credit pays a small monthly income if the insured becomes disabled. These plans are very expensive compared to the small amount of insurance being bought.
Plans for home warranty:
This is one that really gets my goat. Only take home warranty plans if offered and paid by the seller or real estate agent. Forget paying for this himself, because with particular rates, if a contractor is needed to look at a problem, home warranty plans usually limits how much to pay. Hey it's cheaper to pay an inspector to find potential problems even before buying the house.
Daily hospitalization insurance
This insurance pays a certain amount per day and are generally sold to older people. The money spent on these plans would be better with a large (major medical plan) in place. The day hospitalization plans do not cover for the end of big budget.
Insurance can be very useful in situations of extreme emergency, but not knowing or having adequate insurance can be very costly. They always have time to review or seek professional help trained and licensed independent agent or an insurance agent before buying.
About the Author:
Charles Myrick, President/CEO of American Consultants Inc, an Atlanta based insurance and marketing agency,offers many in depth reviews. Explore some of the sites reviewed at http://www.cheaptermquotes.com, http://www.spendlessforinsurance.com, http://www.cashsavingsonline.com ,and http://www.2spendless.com .
Article Source: ArticlesBase.com – Insurance Tips for Dummies 101
