Insurance Savings
No, not the typical auto and homeowners insurance (although you can save on these by shopping and comparing). There are a policies out there that you shouldn’t even waste time considering.
Cancer Insurance - Low premiums but typically covers only hospital care while most treatments are out-patient.
Car Rentals - Policies run $7 – $15/day, but most auto policies cover rentals, and many premium credit cards to as well.
Flight - These policies are sold based completely on fear. Life and health policies cover you if a plance crashes, and litigation will likely add to settlements.
Mortgage - Your payment will be made if you become disabled or die. Premiums are expensive. Better to buy more term life or disability insurance.
Involuntary Unemployment - If you’re laid off, payments are made on credit cards, mortgages and other loans. These plans are expensive and typically only make a limited number of payments. Better to build an emergency fund.
Don’t open your wallet for these types of insurance policies and you’ll be money ahead.