Term Life Insurance: What It Costs and Who Actually Needs It
Term life is the default recommendation for most households with dependants, and the reason is arithmetic: you are buying pure coverage with nothing bolted on.
Category: Insurance
Life, health, auto, home and disability cover — what each policy does and whether it earns its premium.
How Much Life Insurance Do You Need?
Rules of thumb get you to the right order of magnitude. Your balance sheet gets you to the right number.
Health Insurance Basics: Deductibles, Copays and Out-of-Pocket Maximums
Four numbers decide what a health plan costs you in a bad year. Premium is only one of them, and it is rarely the one that…
HDHP vs PPO: Which Plan Type Costs You Less?
The HSA is the real argument for a high-deductible plan, and it is a strong one — if you can fund it.
Auto Insurance Coverage: What Each Line on Your Policy Does
State minimum liability limits were set decades ago and have not kept up with the cost of a serious crash.
Homeowners Insurance: Replacement Cost, Exclusions and Getting the Limits Right
The most expensive mistake in a homeowners policy is insuring the market value of the house instead of the cost to rebuild it.
Disability Insurance: Protecting the Asset That Funds Everything Else
Your ability to earn is the asset every other plan depends on. It is also the one most people leave uninsured.
Umbrella Insurance: A Million Dollars of Liability for About $200 a Year
There is no other place in personal finance where a few hundred dollars buys a million dollars of protection.