A life insurance incontestability clause limits the amount of time an insurer has to contest a policyholder’s coverage because of a misstatement on the policyholder’s application. When a policy takes ...

Learn how a waiver of coinsurance clause in insurance policies can eliminate part of your claim payment obligation under some conditions, and understand its implications.

We don't usually think of Santa when we shop for life insurance, but may find ourselves confronted with myriad clauses included in the applications' finer print. Historically, these clauses have ...

You'll likely find a coinsurance clause in your commercial property insurance policy. This clause outlines how much insurance coverage you must carry in relation to the replacement cost of your ...

Pooja Dave began her writing career in fiction before turning to financial journalism with an interest in personal finance and insurance topics. Eric's career includes extensive work in both public ...

Insurance policies are filled with clauses that can significantly impact your finances, often without you realizing it. Understanding these clauses can help you make informed decisions and potentially ...

January 7, 2022 - Some policyholders might be surprised to learn that more than one insurance policy can apply to the same claim or injury. Having a second policy involved might seem like a luxury at ...

A new insurance clause is being touted by the coal seam gas industry as a solution to uncertainty about risk and liability, but landholders and lawyers say farmers are still worse off. GasFields ...

Some cyber insurance policies will pay only a small fraction of damages if an attacker used social engineering. Here's how to estimate the risk. Cybersecurity insurance is quickly becoming a must-have ...