What is Underinsurance and why does it occur?

What is Underinsurance and why does it occur?

What is Underinsurance and why does it occur?   Underinsurance occurs when the level of insurance cover, or sum insured, is less than the value of the items or property being protected. In simpler terms, it means you don’t have enough insurance to fully cover the...
Range of mortgage and protection services

Range of mortgage and protection services

French etymologists may tell you that the word ‘mortgage’ comes from the old French term ‘mort gage’ literally translated as a ‘death pledge’. That doesn’t sound so much like a legal loan agreement, but rather the title of a substandard horror film. Still, even today...
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