Orsa

Act Of God.



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An “act of God” is defined as a natural disaster that is beyond human control, such as a tornado, hurricane, or earthquake. This type of event is not covered by home insurance policies, as it is considered to be an unforeseeable and unpreventable circumstance. What are the common terms of property insurance? There are a … Read more

What is disposable income?



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Disposable income, also known as disposable personal income or disposable income, is the amount of money we have left when we subtract taxes and Social Security payments from our total household income. This type of income is considered the engine of demand and the private consumption, since it refers to the money we have to … Read more