Les Masterson is a deputy editor and insurance analyst at Forbes Advisor. He has been a journalist, reporter, editor and content creator for more than 25 years. He has covered insurance for a ...

As one’s savings increase and debts decrease, there is less need for life insurance. Consider stacking three $1 million dollar policies: a 10-year term, a 20-year term, and a 30-year term policy ...

Most people who build investment portfolios for their financial objectives concentrate on stocks alongside bonds, real estate ...

Depending on the provider, the policyholder wanting to add umbrella coverage is required to have a base level of $150,000 to $250,000 for auto insurance and $250,000 to $300,000 for homeowners ...

One type of insurance that continues to be a must, however, is umbrella liability, or UL, coverage. This insurance adds excess liability coverage on top of your homeowner's, automobile, and other ...

The umbrella is the emblem of the Travelers Insurance ... company got into in 1866 when it wrote a policy covering every member of the Baltimore fire department with $1,000 in life insurance.

Lee McWhirter, an independent insurance broker in Chevy Chase, Md., recently had a client who wanted to increase his umbrella policy to $10 million from $5 million.

Standalone umbrella insurance is likely to be more expensive, but it may be your best option if for some reason you can’t get a policy through an existing carrier.

Nippon Life Insurance Company, a global life insurance and asset manager provider, has announced the acquisition of 100% of the shares of Resolution Life, which will see it merge with MLC Life ...

Under section 36 of the Insurance Act, all risks underwritten in PNG must be insured by PNG-licensed insurers, and the OIC holds Life insurance policyholders benefit from a statutory fund that gives ...