BOSTON (CBS) - When we buy insurance, we are buying financial protection in case an incident occurs that we cannot afford. We need insurance, even the wealthiest among us protect their families and ...

This is required by law in most states and is the foundation of car insurance policies. It's designed to protect you financially if you're found at fault in an accident and cause injury or property ...

Comprehensive coverage will reimburse the policyholder in the following situations: The car is damaged by natural disasters or animals - This policy was designed to cover damage not related to a ...

A business needs specialty insurance for items not covered by ordinary homeowners or automobile insurance. Learn if your ...

Life insurance is one of the most important, least understood, and frequently neglected aspects of our overall family financial plan. Like anything, the more one understands about a subject, the more ...

Thinking about investing in an insurance company? Then you need to know one number: the combined ratio. What is it?In short, the combined ratio is the measure of the premiums an insurer earns -- i.e, ...

Many health industry experts have warned that consumers don't understand the health reform law's provisions, and a new study says that's because consumers don't even understand how insurance works.

Insurance is a very special industry. Its whole value is a very simple promise: To pay a potentially large benefit in the event of a claim. But this claim may occur many years in the future, sometimes ...

BOSTON (CBS) - When we buy insurance we are buying financial protection in case an incident occurs that we cannot afford. We need insurance, even the wealthiest among us protect their families and ...