Insurance Questions and Answers

I don't bring the "Old Mutual" commercials, do you?

What does it mean to be "Old Mutual"?


Answers: I don't gain them either, because I don't study tv except for PBS. So I don't see ANY commercials.
No! Stupid.

How can I insure a bed and breakfast at a obedient price?

I bought a lake house that I am going to rent out by the darkness. What is the best way to insure this? I tried getting regular homeowner's insurance and they won't do it. How expensive is this and what can I do?


Answers: Define "devout price".

Is this a bed and breakfast - where you live in that and serve meals, or a rental time off house? BIG difference.

Either way, you're going to stipulation a commercial policy. Rates will vary depending on an assortment of factors. The FIRE insurance is probably going to run you 5% of the property convenience, per year. The LIABILITY insurance is probably going to run you between $1,000 and $3,000, depending on the number of rooms you rent, and total receipts.
By making this a bed and breakfast, you have made this a commercial property. This is not a big promise as Property insurance is not terribly expensive, but you may be looking at more money after you would have spent on Homeowners. There is a superior exposure for someone to get injured on the property because you will hold new citizens coming in and out adjectives the time.

Price is very complex to say because nearby are too many aspects that progress into the rating of this type of property for anyone here to accurately or even generally furnish you a quote. My recommendation would be to send for and independent agent in your nouns and they can get you a quote lately about as prompt as it took you to log in and type up this interview. Well, maybe not comparatively that fast, but it should be pretty speedy.

Good luck to you!
I would suggest getting a quote from ajg.com, Arthur J. Gallagher & Co.

I enjoy mediclaim by my employer. when i gain retired at 60 to seize a mediclaim, do i stipulation to clutch it presently itself?

also advise on if i enjoy to hold an individual policy also apart from my company's mediclaim?


Answers: You'll need to ask your employer.

It's going to be knotty, and very expensive, to hold an individual policy at the age of 60.
Of cource ! but it may be expensive for your age even if you are physically fit .

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