Archives: March 2016

3 Myths About Life Insurance

3 Myths About Life Insurance It may seem simple on the surface, but there are many misconceptions about life insurance, and some people still believe them. Here are several we can debunk: Myth 1: You're better off investing your money than buying life insurance. This is the "self-insurance" myth. It holds that by investing your money and letting it grow, you'll ultimately accumulate so much...

Learn the ABCs of Asbestos

Learn the ABCs of Asbestos Contrary to popular opinion, asbestos is still around: asbestos liability remains one of the biggest threats to U.S. businesses, and the insurance industry estimates that asbestos-related losses could go as high as $85 billion. Here are the ABCs of asbestos - something you may not have thought you'd need to know about: Asbestos: Naturally occurring in the environment, asbestos is...

Driverless Cars & Insurance?

Driverless Cars and Insurance Issues... For those eager to try an autonomous vehicle, the future is now. Earlier this year, the Canadian province of Ontario announced it will take applications for driverless test car licenses, providing there is a licensed driver to take over if necessary. This raises a question: How will the insurance industry handle automated vehicle coverage? Underwriting: Currently, an insured's accident history,...