Your driving record may be flawless. Your car may be one of the safest on the road. But, in most states, you might pay more for car insurance than an all-but-identical driver, simply because of your gender.
Bestow sells term life insurance policies online, offering nearly instant coverage to those who qualify. Applicants answer questions on Bestow’s mobile-enabled website, and the company uses data and algorithms to make decisions and set prices. The Dallas-based company launched in 2017 and began selling policies in 2018. It now does business in all states except Georgia and New York. Bestow says it plans to offer coverage in Georgia soon and anticipates expanding to New York later in 2019 or 2020.
Chubb specializes in auto and home insurance for well-to-do customers. The company’s suite of products features generous coverage options and perks that aren’t usually available from other insurers.
If you pay extra for accident forgiveness with your car insurance, you might think your premium won’t go up if you cause a crash. But don’t bet on it — it’s not quite that simple.
You need life insurance if your death would hurt anyone financially. For many people, one policy is enough.
Nobody likes shelling out for auto insurance. But given the greater financial burden of a car wreck, most of us simply grin and bear it, minus the grin. After all, mistakes happen and drivers are only human — for now.
Life insurance provides a financial safety net for families. Sounds simple, but decisions over whether and how much to buy can get complicated, and mistakes can be costly.
RiverSource is a brand of Ameriprise Financial, which offers financial planning, investments and other financial products. RiverSource products include term life insurance and a broad selection of universal and variable universal life insurance, which are sold through Ameriprise advisors. The company does not offer whole life insurance.
If your employer offers free life insurance during open enrollment this fall, grab it. But if your workplace lets you buy additional coverage on top of that, ask some questions before spending any money.
Founded as Dakota Mutual Life Insurance Co. in 1906, the insurer became Midland National in 1925. It’s now a member of Sammons Financial Group Inc., a group of financial companies that also includes the North American Company for Life and Health Insurance. Midland National is licensed to do business in every state except New York.