Financial literacy activity where students play a game where they do an action to match common types of insurance with the risks they cover.
You should contact the consumer reporting agencies that specialize in medical records or payments. These agencies may supply reports on your prescription drug purchase histories, medical conditions, data from your insurance applications, and data from other sources. Life insurance companies, for example, commonly use these reports to evaluate policy applications from potential customers.
Credit insurance is optional insurance that is designed to make payments to your lender if you die, lose your job, or become disabled. This insurance is optional.
Financial literacy activity where students play a game to explore types of insurance and how they help protect people.
Financial literacy activity where students read about how insurance works and then review a case study to see how insurance choices can affect personal finances for a young adult in a rural area.
You should shop and compare insurance options before buying a car or vehicle. You may encounter a variety of insurance and credit protection products when financing a vehicle.
GAP is an optional product that is intended to cover the difference between the amount you owe on your auto loan and the amount the insurance company pays if your car is stolen or totaled. Standard auto insurance only pays an amount up to the value of your vehicle. GAP is supposed to cover the loss you would suffer if your loan balance is higher than the value of the vehicle.
Homeowner’s insurance pays for losses and damage to your property if something unexpected happens, like a fire or burglary. When you have a mortgage, your lender wants to make sure your property is protected by insurance. That’s why lenders generally require proof that you have homeowner’s insurance.
Collects and reports motor vehicle records, including traffic violation data to insurance providers and prospective employers. The company also provides employment and education verification services, government sanctions searches, and criminal background checks. Insurance Information Exchange is a subsidiary of Verisk Analytics, Inc. and is listed on Verisk’s website as “Transportation Employment Screening.”
Lender’s title insurance protects your lender against problems with the title to your property-such as someone with a legal claim against the home. Lender’s title insurance only protects the lender against problems with the title. To protect yourself, you may want to purchase owner’s title insurance.
After a disaster, your priority is your own safety. Organizations in your community can provide help and services.
Generally you cannot be required to buy an extended warranty, GAP insurance, or credit insurance. In most situations, they are optional.
In order to get a loan to buy a vehicle, you must have insurance to cover the vehicle itself.
Private mortgage insurance (PMI) is a type of mortgage insurance you might be required to buy if you take out a conventional loan with a down payment of less than 20 percent of the purchase price.
The CFPB filed complaints and proposed consent orders against four national mortgage insurance companies in order to stop improper kickbacks paid by...
The Consumer Financial Protection Bureau (CFPB) released an enforcement memorandum today that addresses prohibited practices on claims about Federal Deposit Insurance Corporation (FDIC) insurance. Specifically, firms cannot misuse the name or logo of the FDIC or make deceptive representations about deposit insurance.
The CFPB filed complaints and proposed consent orders against four national mortgage insurance companies in order to stop improper kickbacks paid by...
Republic Mortgage Insurance Corporation to Pay $100,000 Fine and Halt Illegal Activity The Bureau today took action against Republic Mortgage Insurance...
Owner’s title insurance protects the homeowner if someone sues and says they have a claim against the home from before the homeowner purchased it.
CFPB Director and FDIC Board Member Rohit Chopra’s statement on the amended Deposit Insurance Fund restoration plan and notice of proposed rulemaking regarding revised deposit insurance assessment rates.
