Ryan Newman

Insurance discounts reduce premium costs for auto, home, and health insurance by rewarding safe practices, multi-policy bundling, and customer loyalty, resulting in significant savings.

Disability insurance provides income during periods of illness or injury, with short-term coverage lasting up to six months and long-term coverage extending until retirement age.

Catastrophe bonds transfer financial risk from natural disasters to investors, offering high yields but also significant risks tied to specific catastrophic events.

Dependent status in health insurance allows coverage for individuals who rely on a primary policyholder, typically including children and sometimes spouses or partners.

Retrospective rating adjusts insurance premiums based on actual losses during the policy period, enabling more accurate risk assessment and incentivizing loss control measures.