What Is Loan/Lease Payoff Insurance?

Key Takeaways Loan/lease payoff insurance will pay up to 25% of your vehicle's current cash value after your insurance company has paid you if the vehicle is stolen or totaled.…

What Is an Enhanced Life Estate Deed?

Key Takeaways An enhanced life estate deed transfers ownership of property after the owner's death without the necessity for probate.The owner retains control of the property after the deed is…

Best Ways To Use a HELOC

If you're looking for flexible funding, you can tap into your home equity with a home equity line of credit (HELOC). A HELOC is a revolving line of credit that…

5 Types of Mortgage Loans

If you're like most people, you'll need to take out a mortgage to buy a home. According to the US Census Bureau, 94% of people who bought a home in…

Which Is Best for You?

Starter home Forever home Definition A home you plan to own for a short period before buying another one The only home you plan to buy Home features May have…

Types of Whole Life Insurance

Whole life insurance is a type of permanent coverage that's offered in a range of “styles” to suit different needs. Since permanent coverage, including whole life, is more expensive than…

What Is an Insurance Declaration Page?

Key Takeaways An insurance declaration page sums up what is in an insurance policy.It comes at the start of policy paperwork and contains information such as your deductible, coverage, discounts,…