Homeowners insurance is necessary for every house. It provides financial protection if your property gets destroyed due to fire, theft, smoke, or even weather incidents like lightning or a storm.

Reverse mortgages are a financial tool that allows elders (62 years or older) to tap home equity to improve their cash flow. Reverse mortgages are given only for primary residences.

VA or Veterans Affairs loans are a military benefit extended to veterans, enabling them to pay less for mortgage loans. These loans do not require down payment or mortgage insurance.

General liability insurance (GLI), also called business liability insurance or commercial general liability insurance, helps protect businesses from property damage claims and bodily injury claims. These unexpected accidents can happen in the course of business operations, and without coverage, you might end up paying the financial cost of damages out of your pocket.

Home warranties cover the service, repair, as well as replacement of major household appliances and systems. Signing such a contract is an excellent option to protect your home investments once their warranties have expired.

As they are famously called, junk bonds are bonds that pay higher interest rates as they have lower credit ratings as compared to investment-grade bonds. High-yield bonds are not as secure as investment-grade bonds, so they pay higher interest rates to compensate the investor.

Checking accounts form an important part of the banking system. These accounts give consumers a place to deposit their money, write checks, pay bills, make transfers, and withdraw money from ATMs.

A recent study showed that only 1/3rd of credit card holders are completely aware of their card’s full potential. Credit cards can help you redeem points for multiple expenses like airfare, hotel, fuel charges, etc.