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Ezekiel

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Bank Owned Life Insurance (BOLI)

Bank Owned Life Insurance (BOLI)

Bank-Owned Life Insurance (BOLI) is a different form of life insurance obtained by banks for the lives of specific employees, like main executives and...
Annual Renewable Term Insurance

Annual Renewable Term Insurance: Meaning and How It Works

In the world of life insurance, finding a plan that combines flexibility with financial protection can be a game-changer for a lot of people....
What is an Insurance Endorsement?

What is an Insurance Endorsement?

An insurance endorsement, sometimes referred to as a rider or an addendum, is a legal modification to an existing insurance policy that changes its...
Decreasing Term Insurance: Meaning and How It Works

Decreasing Term Insurance: Meaning and How It Works

In the manifold world of life insurance, where its purpose is to provide financial security and serenity to policyholders as well as their beneficiaries,...
World Nomads Travel Insurance

World Nomads Travel Insurance

You get to go on adventures and have new experiences and cultures when you travel. However, there are risks and uncertainties when you travel...
Secured vs. Unsecured Loan: What's the Difference?

Secured vs. Unsecured Loan: What’s the Difference?

In the financial landscape, navigating the countless loan options can be complicated and daunting for borrowers. One of them is the important difference between...
What is Watercraft Insurance?

What is Watercraft Insurance?

Watercraft insurance is a crucial aspect of owning and operating any type of water vessel, whether it be a boat, yacht, jet ski, or...
What is Variable Survivorship Life Insurance?

What is Variable Survivorship Life Insurance?

Variable survivorship life insurance, also known as second-to-die or last-to-die life insurance, is a type of insurance policy that covers two individuals and pays...
Backdating a Life Insurance Policy

Backdating a Life Insurance Policy

Backdating a life insurance policy involves setting the coverage start date to a date in the past, thereby altering the policy's effective date. This...
Does Car Insurance Cover Me If I Hit a Pole?

Does Car Insurance Cover Me If I Hit a Pole?

When it comes to car insurance and hitting a pole, understanding your coverage is crucial. If you find yourself in the unfortunate situation of...