Researchers recently conducted a survey about senior citizens and life insurance ownership. Their survey concluded that about 55 percent of seniors had let their coverage lapse and saw it as a liability instead of an essential asset. In addition to this, about 80 percent of the seniors surveyed who were over the age of 66 did not know they could sell their existing coverage in exchange for a cash payout.

Winter storage, dock fees and general maintenance are just a few examples of expenses associated with boat ownership. While most people do not think about these costs before buying a boat, they quickly learn after making a purchase that they are necessary. One of the most important costs associated with boat ownership that should not be trimmed or skipped is insurance.

The bill that would lead to the Occupational Safety and Health Act went into effect on April 28, 1971. When Congress passed the bill, they made it clear that their intention was to ensure that every working individual in the nation would have healthful and safe working conditions. OSHA was then formed as a division of the Department of Labor.

"It can't happen to me." That's what a lot of people think when they think about wildfires. Their town, their street, their home must be immune. But according to the National Interagency Fire Center, there have been 15,576 new wildfires that have affected 318,949 acres of land in 2015 so far. Those who have homes built in dry climates and in heavily mountainous areas are especially susceptible to damage from wildfires.

After purchasing any valuable jewelry, homeowners should contact their insurance agents quickly to update their policies. There is only limited coverage for expensive jewelry on a typical home insurance policy, so the owner may not receive the full value of the item if it is stolen or destroyed. Most home insurance policies allow coverage of possessions up to 50 percent of the amount of insurance chosen.

October is Crime Prevention Month, and experts recently shared some helpful information about four of the most common crime schemes criminals use. In addition to this, they offered some helpful suggestions for implementing best practices in the workplace to prevent the occurrence of these crimes. To protect their companies from risks, business owners must invest plenty of money and time.

Business partners share many burdens and the task of making difficult decisions. They are assets to a company, so it is important to protect the business in the event a business partner dies. Both partners should plan ahead for this possibility. A death will affect multiple aspects of the business, and its effects span wider than most people assume. 

The two most common days for home fires in the United States are Christmas and Christmas Eve. Fire officials encourage all Americans to make safety a top priority during the holidays. One of the most important steps is to ensure smoke alarms and carbon monoxide detectors are installed in the home. The main cause of home fires during the winter holiday season is cooking, and heating comes in at second place.

Business owners: Which of the following poses the greater risk that your organization will unintentionally give up confidential data?

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• An anonymous hacker in a foreign country, snooping for network vulnerabilities.
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• One of your mid-level managers who receives three phone calls while trying to write a single email. According to a recent study by breach
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Damaged property is the typical result when there are construction accidents. Faulty wires scorch the walls, collisions damage equipment and the list goes on. If anything bad happens, contractors must look at their general liability insurance policies to see what is covered. The policy will typically cover the replacement or repair of damaged items. However, these policies do not necessarily cover every single incident.

Researchers found that today's auto thieves are using new methods for stealing vehicles.New anti-theft technologies being used in newer automobiles make it more difficult for thieves to steal them, but they are still finding ways to take vehicles with stolen identification. Experts and law enforcement officials say that these cases are examples of financial fraud and not auto theft, which is why there

Most insurance policies will provide some level of indemnity if you are financially harmed by something covered by the policy.That's the whole point of having insurance, right? But financial pain isn't the only kind of damage you may suffer. What about the damage to your reputation if you are the victim of a false claim or frivolous lawsuit? Your insurance company may want to jump at

Being an employer is a tricky endeavor. Yes, you need them to expand your business and serve your clients. And the good ones are truly invaluable. But when you become an employer, you take on a lot of additional potential liability as well. First of all, even where claims are unfounded, the mere cost of defending

There are two financial hazards for a surviving loved one when a spouse passes away: the burial expenses are one issue and the other is a reduced income due to the loss of a spouse.

When the surviving spouse finds there is not an insurance policy that can help with the expenses that come with losing a life partner, they only have a few options left.