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An idea that a party that is protected in some way from risk will act differently than if they didn't have that protection. We encounter moral hazard every day - tenured professors becoming indifferent lecturers, people with theft insurance being less vigilant about where they park, salaried salespeople ...
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If you're looking to get your first mortgage, there are many financing options available.
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Find out everything you need to know to tackle this major purchase without fear.
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From car insurance to concert tickets, be sure to take advantage of whatever your card has to offer.
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Activities of daily living (ADL) refer to daily activities that individuals normally do, unassisted, to take care of themselves. These activities include: bathing, eating, cooking, walking, dressing, house chores, personal hygiene and walking. Usually, healthcare professionals (nurses, nurse's aides, ...
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Starting a new job is stressful but you don't need to sweat about setting up a benefits package.
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The Glass-Steagall Act of 1933 would reform the banking indusry, and attempt to protect the average investor.
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The next time portfolio losses have you down, just be glad that you can blame some of your woes on the market, rather than your own poor judgment.
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Americans are increasingly turning home equity to cash - but this transaction is not as simple as it sounds.
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Feeling stressed out? Your health could suffer and your budget might not be far behind.
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With a little pre-trip planning, you can avoid being stranded without adequate funds.
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Home buyers with low down payments may get stuck with higher mortgage payments. Find out what you get for the extra money.
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Investment companies and brokers want to sell. Unfortunately, this can result in promotional material that is not entirely frank, or far worse, truly misleading.
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The months leading up to your retirement can be the most crucial in terms of planning. Review your insurance, make a budget and plan your estate so the transition to retirement is as easy as possible.
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Job loss can be devastating. Learn how to anticipate it and quickly get back on your feet.
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It's the biggest purchase of your life - find out what can go wrong before you even close the deal.
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Working nine months a year and earning a six-digit salary might seem like the high life, but these jobs are not easy to come by.
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Follow these steps to give your partner a clear picture of your household's financial situation and the confidence to take over.
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A force majeure is derived from the French term meaning "greater force" and refers to any natural and unavoidable catastrophe. A force majeure clause is included in contracts to remove liability when such events restrict participants from fulfilling their obligations.
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Joblessness is temporary, but neglecting your retirement savings has permanent consequences.
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How did America's strong economy tumble so quickly? Find out here.
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If a dip in the economy has you worried about retirement, you still have options.
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This thriving country was brought to its knees by the rapid growth - and subsequent decline - of its banking industry.
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Guru Warren Buffett is making this sector popular. Learn more here.
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Find out how to use and compare policy options to get the best coverage at the best price.
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Find out how different types of coverages can protect you and which policy is right for you.
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Calculate how much your property will need to appreciate to cover the costs of owning it.
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Find out how these additional benefits can help you customize your policy.
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Standard liability coverage may not be enough. Special needs call for specialized policies.
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Learn how much - if any - insurance you really need.
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This practical product can protect you from the rising cost of care and provide for your beneficiaries at the same time.
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Find out if this policy coverage will add money to your pocket, or cost you in the long run.
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Learn how to protect your money from lawsuits, creditors and other judgment proceedings.
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Term life insurance is the most basic of insurance policies. It is nothing more than an insurance policy that provides protection for accidental death and possibly debilitating injuries for a specified period of time. If you or your beneficiaries do not make any claims during the term of such a policy, ...
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Learn how a foray into CDOs and other exotic products ruined an industry's image.
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First things first, it's only partially correct to think that a portion of your bank deposits is protected. The Federal Deposit Insurance Corporation (FDIC) will insure deposits up to $250,000 in participating institutions. The key here is that the insurance only applies to participating institutions.
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Understanding your contract can help you protect our family's financial security.
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The 80% rule refers to the fact that most insurance companies will not fully cover the cost of damage to a house due to the occurrence of an insured event (e.g. fire or flood), unless the homeowner has purchased insurance coverage that is equal to at least 80% of the house's total replacement value.
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How can you save the recommended 10% of your income? We'll show you how to get there.
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Don't go to work without this policy in place - especially if your work is in your home.
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Find out how to get the upper hand when dealing with this payout challenge.
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Overfunded variable universal life insurance policies can be an all-in-one financial solution.
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A gatekeeper is a health insurance term used to describe the person in charge of a patient's treatment. Anyone who receives health insurance coverage in the form of a managed care plan, specifically a Health Maintenance Organization (HMO) plan, is assigned a gatekeeper or allowed to choose one.
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Protect your financial interests from earthquakes, floods, tsunamis, hail, hurricanes, tornadoes and lightning strikes.
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Casualty insurance is often called "property casualty insurance", and it provides insurance protection for your property in the event of a covered loss. Property that is commonly covered with casualty insurance includes houses, condominiums, cars, motorcycles, boats, yachts and personal sports and recreation ...
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Find out how to protect those you love the most with specialized policies.
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Any amounts withdrawn from your 401(k) plan must be treated as ordinary income for the year the amount is distributed from your 401(k) account. Consider the following:
If any portion of the withdrawal is rollover eligible, the plan administrator must withhold 20% for federal taxes if the amount ...
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Variable life insurance is a permanent life insurance policy with an investment component. The policy has a cash value account, which is invested in a number of sub-accounts available in the policy. A sub-account acts similar to a mutual fund, except it's only available within a variable life insurance ...
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Before jumping into a policy, check out these tips on how to score the best plan for you.
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Some companies offer a "multi-policy" discount to people who buy auto and home insurance together, in which case it may save you a lot of money to get your house and car insurance through the same provider.While a discount can be a great incentive, it's important to make sure you're buying the policies ...