noun
1.
An Appraisal happens just before an insurance Policy is put into effect and is undertaken by the insurance company. The objective of an Appraisal is to determine property’s current replacement cost in the event of a loss. This step is helps ensure that a policyholder is not over- or under-insured.
If you just recently married, then it may be time to take another look at your insurance policies to see where you can save money.
In good times and bad, consistently saving a percentage of your income is a sound financial practice.
This article is perfect for those looking to maintain their life insurance or explore alternate options during retirement.