Is insurance an expense or asset?

Insurance is a topic that often sparks debate among individuals and businesses alike. The question of whether insurance is an expense or an asset has been the subject of much discussion, with proponen

How long does a credit card stay active if not used?

Credit cards are a convenient way to make purchases and manage finances. However, many cardholders wonder how long their credit card stays active if they do not use it. The answer depends on several f

Can someone drive my car if they are not on my insurance in Alberta?

In Alberta, Canada, driving without insurance is illegal and can result in severe penalties. However, if you are in a situation where someone needs to drive your car temporarily but is not on your ins

Is prepaid insurance a cash equivalent?

Prepaid insurance is a type of insurance policy that allows the insured to pay for their coverage in advance. This payment typically comes in the form of a lump sum or regular installments, and it can

What happens to a credit card if you never use it?

If you've ever wondered what happens to a credit card if you never use it, you're not alone. Many people have credit cards but don't use them regularly, and they may wonder about the implications of t

Can I drive someone else's car with my insurance in Canada?

In Canada, driving someone else's car with your insurance is a common practice. However, it's essential to understand the implications and potential risks involved in doing so. This article will delve

What is the opposite of prepaid insurance?

Prepaid insurance is a type of insurance policy that allows the insured to pay for the premium in advance and receive coverage immediately. However, there is no direct opposite term for prepaid insura

How often should you use a credit card to keep it active?

Credit cards are a convenient way to make purchases and build credit history. However, many cardholders wonder how often they should use their credit cards to keep it active. The answer isn't straight

Do I need different car insurance to drive to Canada?

Driving to Canada with your car can be an exciting adventure, but it also comes with a set of legal and financial considerations. One of the most important questions you might ask is whether you need

What is the longest term insurance policy?

When it comes to financial planning and securing one's future, insurance policies are an essential tool. Among the various types of insurance available, term life insurance is a popular choice for man

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