A common formula for calculating how much life insurance someone needs is to multiply their annual income by 7 to 10 times. This number can give the policyholder a target amount for the life insurance ...

Learn all about insurance premiums, including their definition, factors affecting them, types, & calculation methods. Learn about discounts & surcharges, too.

Discover how net premiums are calculated and differ from gross premiums in insurance. Learn essential tax implications and expense considerations for better financial planning.

How much life cover is enough? Should it be ₹50 lakh? ₹1 crore? Or something more like ₹5 crore? Most of us struggle to figure out the adequate life cover after deciding to buy term insurance plan and ...

What Is Aggregate Stop-Loss Insurance? Aggregate stop-loss insurance is a policy designed to limit claim coverage (losses) to a specific amount. This coverage ensures that a catastrophic claim ...

You can't take it with you, but the right life insurance policy will make sure you leave enough behind. This valuable financial tool lets you support your dependents in the event of your death, but ...

Twenty days may seem like a year in some situations. For life insurance purposes, 20 days actually can be a year. Mary Kessler recently discovered her birth date was wrong on a policy she took out ...

BATON ROUGE, La. (WAFB) - Leaders are hoping to get change and transparency when it comes to flood insurance in Louisiana. Sen. Bill Cassidy introduced a bill on Tuesday, July 11, to reform the ...