Most of us do not think about insurance during the hectic rush of the holidays, but now that 2013 is under way, it is a good idea to evaluate your insurance coverage. The National Association of Insurance Commissioners (NAIC) offers these tips and reminders to help with your review.
In 2011 alone, severe weather disasters across the country inflicted more than $43 billion in damage. But research suggests that more than half of consumers do not have an inventory of their possessions. Creating a simple home inventory helps you track what you own and what it is worth, making important insurance decisions easier.
Wildfires, flooding, tornadoes, hurricanes - disasters strike everywhere in the U.S. That's why it is improtant to make sure your insurance needs are in order, especially your homeowners' or renter's policies. The Department of Financial Regulation, Division of Insurance encourages you to take some time to refamilarize yourself with your policies and to address any questions with your insurance agent or company.
Would you like to have someone from the Department of Financial Regulation speak to your group or organization? The Department of Financial Regulation serves and protects Vermonters by providing education, information and consumers assistance. The Department offers free Consumer Outreach on a number of topics.
Please note: this guide is intended only as a general description of the most common kinds of Life insurance available and the features common to most types of life insurance.
There is no national or state registry of insurance policies issued by life insurance companies. If you believe someone was insured but you are unable to locate the policy and don’t know the full name of the company, the department suggests the following:
