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7 reasons why you could end up with multiple life insurance policies

 Summary List PlacementLife insurance needs change as you age, and starting a family triggers the need for more coverage.A divorce can also require additional life insurance as security for child or...

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We got an exclusive look at the pitch deck dental insurance startup Beam used...

Summary List PlacementDigital first dental insurance startup Beam has raised an $80 million Series E funding round. Founded in 2012, Beam Dental offers a digital platform to manage users' insurance...

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Watching my friends lose their apartment to a flood showed me that paying $24...

Summary List PlacementWhen I look back on the amount of time I spent in New York City without renters insurance, I really don't know what to think. On the one hand, I was lucky enough never to need it....

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Homeowners insurance usually covers water damage, but there are some exceptions

 Summary List PlacementDepending on your homeowners policy, you could be covered for water damage.Water damage is generally covered with named peril insurance.You need separate coverage for flood or...

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SPACs are taking over the stock market. Here's an easy guide to the journey...

Summary List PlacementSPACs were once a little-known way for private companies to go public without having to IPO.But in 2020, the number of SPACs on the market quadrupled from the year before,...

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Renters insurance usually covers water damage — see how to file a claim

Summary List PlacementIf you have renters insurance, water damage is generally covered..Mold will only be covered if it's the result of a covered event, like an AC unit that breaks.If water damage...

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Homeowners insurance usually covers pipe bursts and plumbing leaks, but not...

Summary List PlacementPlumbing and pipe leaks are usually covered by homeowners insurance.However, damage due to lack of proper maintenance will not be covered.Mold damage isn't covered if it developed...

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The CEO of Hippo was skeptical at first of doing a SPAC deal. Here's why the...

Summary List PlacementWhen Hippo cofounder and CEO Assaf Wand considered taking his insurtech public, he didn't know whether to pursue a traditional IPO or explore a merger with a special purpose...

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Apollo is taking full ownership of Athene. Here's how the mega insurance deal...

Summary List PlacementApollo Global Management's proposed acquisition of longtime affiliate Athene Holding Ltd. will create a $29 billion conglomerate — and put to rest conflict-of-interest questions,...

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How an unusual graduation gift helped one mother teach her daughter the...

 Summary List PlacementEbony Ruffin's mother gave her whole life insurance as a high school graduation gift.She learned that life insurance can build wealth through its cash value component.To build...

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Assurant just inked a $1.3 billion deal to sell its prearranged funeral...

Summary List PlacementMutual insurance company CUNA Mutual Group has agreed to buy Assurant's prearranged funeral insurance business for $1.3 billion, marking an expansion deeper into the middle-market...

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Why online insurance comparison tools aren't always the best option, even...

 Summary List PlacementOnline insurance marketplaces allow you to compare quotes from multiple companies.If you're just looking for the cheapest auto or renters insurance, marketplace providers are...

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Zego is Europe's newest unicorn, valued at $1.1 billion after a $150 million...

Summary List PlacementGig economy insurance startup Zego has raised $150 million in funding led by DST Global and General Catalyst. The funding, previously exclusively reported by Insider in February,...

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Does homeowners insurance cover damage to sewer lines?

Summary List PlacementHomeowners insurance will only cover damage to sewer lines in select circumstances.Most sewer damage is due to lack of maintenance, and this won't be covered.You can get...

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Rhino lets renters avoid a security deposit in exchange for a monthly fee

 Summary List PlacementRhino Insurance lets you avoid putting down a security deposit when you rent an apartment. If your landlord accepts Rhino, you can skip the security deposit and pay a low monthly...

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Homeowners insurance can cover mold — but not if it's related to improper...

 Summary List PlacementHomeowners insurance will cover mold, but only if it's the result of a covered event such as a burst pipe.Mold damage from negligence or lack of maintenance is not covered.You...

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Whether you're making $50,000 or $50 million, financial planners say the...

 Summary List PlacementNo matter how much money you make, you need a financial plan and a budget.According to financial advisor Richard Murray, life insurance should be part of your plan.Your life...

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Blackstone struck a secret deal to lock in a $100 million-a-year client, an...

Summary List PlacementManaging money for wealthy clients and institutional investors can be a cutthroat business, with competitors vying to steal accounts and undercut their rivals' fees. And yet the...

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The best cheap car insurance in New Jersey

 Summary List PlacementNew Jersey is the fourth-most expensive state in the US for car insurance.GEICO, USAA, and Travelers generally offer the best affordable car insurance for drivers with good or...

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The best cheap car insurance in New York

 Summary List PlacementNew York is the fifth-most expensive state in the US for car insurance.Within New York, State Farm is the highest-ranked company for customer satisfaction.By shopping around, you...

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