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Insurance Coverage You May Not Know You Have
Excerpted from the book It’s More
Than Money – It’s
Your Life! by Candace
Bahr, CEA,
CDS and
Ginita Wall,
CPA, CFP®
 Here are some insurance coverages
you may not even know you have!
- Your homeowner’s
policy may cover lost luggage,
as well as items stolen from
your car and other locations,
such as your purse. It also
may cover items you have borrowed,
property damaged by vandalism,
or property damaged in a move.
- Your
credit card may provide
accidental death insurance
for you if your airline tickets
were purchased with the card.
- Some credit cards offer $1,000
in life insurance for cardholders,
free for the asking.
- The American Automobile Association
(AAA) insures its members for
hospital and death benefits
if they are in an auto accident.
- Your auto policy includes
medical coverage, so if you
are in an auto accident, your
costs may be fully covered
regardless of the co-pay and
deductible provisions of your
health insurance policy.
- Your health insurance may
cover children who are away
at college—check before
you buy separate insurance
for your college-age kids.
- Clubs, fraternal organizations,
credit unions, and other groups
may have free life insurance
benefits with their memberships.
- Your auto policy or credit
card may cover damage to rental
cars, saving you money on expensive
rental car insurance.
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