Can You Get Insurance for Your Investments?
There are many things we can get insurance for - our life and health, homes, cars, cell phones, the list could go on. These are all classed as investments and are perhaps the investments we're most likely to insure. Getting the correct insurance, however, is another game entirely. For example, 16% of people who participated in a study about auto insurance didn't realize that the entire policy is rendered void if the insurance company has the wrong job description documented. The same applies to homeowners insurance - only specific things like theft and fire are covered in general policies - they often require insurance riders (more on that to follow) to protect against weather-related damage, for example. Below, we'll look at the typical investments people insure, where they mig...
