Term, health, and why we keep insurance separate from investing.
Ask most sailing officers if they have health insurance, and the honest answer is usually “the company covers me” — which is true, for exactly as long as the contract runs. Health insurance for mariners needs to be thought about…
Most mariners end up with a term insurance policy the same way: it got bought during sign-off — a bank RM’s call right after a lump sum landed in the account, or a relative’s suggestion — and a number got…
We ended our last post on a tease: insurance premium upfront vs annually isn’t the simple win it sounds like. Here’s the actual math behind that. The pitch: pay 3 years now, get a discount Insurers, within terms approved by…
If you’ve spent any time on a ship, you’ve probably had a ULIP pitched to you at some point — often described as “the smart option” because it combines insurance and investing in one product. It’s a genuinely appealing pitch.…