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2

I am wondering that the rate will stay inside the same group until the end of the insurance (80 years old) Yes. For a term life insurance you lock in the premium at the start date and it stays fixed either until it expires or you die. That means no money back at the end? "Term Life Insurance" means no money back at the end. Money back insurances ...


2

I am reading AAA Term Life Insurance offer. I am wondering that the rate will stay inside the same group until the end of the insurance (80 years old) or will jump to a different group when you are older and older? Term life insurance has options, besides the amount of insurance. The most important is the length of the term. It isn't unusual to see terms of ...


0

As MichaelA answers, the only alternative to insurance is self-insurance. • This is not a whacky idea. Note that it is fairly common that corporations "don't like" insurance so they self-insure certain risks: i.e., they judge financially that it's better to self-insure. • A simple real-world example, I have never in my life bought "...


15

Your best option is to move somewhere that doesn't have an earthquake risk. If you don't trust insurance companies, then make life choices to avoid all risks that you can.


6

Self insurance is probably your best option here. Put a certain amount of money into a separate savings account every month and in case of a damaging earthquake, use that to recoup your losses. Yes, the "payout" won't be as high as that of a standard insurance policy, but by self insuring you're forgoing the risk pooling that comes with many ...


0

You are correct the basic insurance that an US customer has won't cover the act of moving your possessions between homes. The basic insurance that a moving company offers is based on weight, which makes it a terrible option for valuable items because if they lose/break a 5 lb antique, the amount they reimburse will be the same as if they lose 5 lbs of t-...


1

I assume that if you can take these antiques in your carry-on when you fly to Canada then they are reasonably small. If so, you can buy USPS insurance for up to $5,000 to protect against loss or damage. You can view the cost of the insurance here. There are also provisions for Special Handling for fragile shipments including unusual items like bees, animals, ...


2

Let us take the united states as an example. If you put 250K into a bank account then FDIC, which is the Federal Deposit Insurance Corporation, will make you whole if the bank fails. The premiums are paid into the FDIC by the bank, those fees come from the money they make lending your deposits. If you have more than 250K in the bank account then the excess ...


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