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The Importance of Accurate Valuation in Commercial Property Insurance

Bankers Insurance

Specifically, they may lack sufficient coverage following property losses, forcing them to pay out-of-pocket expenses to fully rebuild. Depending on the severity of property losses and rebuilding operations, these out-of-pocket costs could lead to major financial setbacks or even bankruptcy.

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Low-Deductible Health Insurance: Pros and Con

Freeway Insurance

A low deductible health plan means the policyholder will pay less upfront and out of pocket for certain healthcare items, such as surgery. Most policies outline certain services the insured may access whether their deductible is met or not, such as a visit to the primary care doctor. What are Out-of-Pocket Costs?