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  2. 7 ways to give money as a gift - AOL

    www.aol.com/finance/7-ways-money-gift-170121968.html

    Monetary gifts, including cash, gift cards, and money orders are a convenient option. These gifts can be personalized to suit a recipient's preferences or needs. Understand the tax implications of ...

  3. What is a gift letter for a mortgage? - AOL

    www.aol.com/finance/gift-letter-mortgage...

    A gift letter for a mortgage verifies the source of a homebuyer’s gifted down payment funds. The gift letter proves that the funds are in fact a gift and don’t have to be repaid, and that the ...

  4. Vehicle insurance - Wikipedia

    en.wikipedia.org/wiki/Vehicle_insurance

    Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a ...

  5. 5 car insurance myths — debunked: Red cars, rate negotiations ...

    www.aol.com/finance/car-insurance-myth-212820623...

    Myth #2: Your red car will cost more to insure. One of the most persistent myths about auto insurance is that insurance companies charge more to insure red cars.

  6. Guaranteed asset protection insurance - Wikipedia

    en.wikipedia.org/wiki/Guaranteed_asset...

    Guaranteed asset protection insurance (or GAP Insurance) is an insurance coverage offered as a supplement to automobile insurance policies or auto loans. A GAP policy covers the difference between the value of a car (i.e., what the insurance company will typically pay), and what the borrower owes on the loan if the car is totaled or stolen.

  7. Third-party beneficiary - Wikipedia

    en.wikipedia.org/wiki/Third-party_beneficiary

    A donee beneficiary is when a contract is made expressly for giving a gift to a third party, the third party is known as the donee beneficiary. The most common donee beneficiary contract is a life insurance policy. In the United States, the Restatement (Second) of Contracts, Chapter 6, Sections 133-147, covers third-party beneficiaries. [5]

  8. Ex gratia - Wikipedia

    en.wikipedia.org/wiki/Ex_gratia

    An insurance company may make an ex gratia payment to customers if a claim does not meet the terms and conditions but the company chooses to make a voluntary payment out of kindness or compassion, without recognizing any obligation to make such a payment. [citation needed]

  9. What happens to car insurance when the policyholder dies?

    www.aol.com/finance/happens-car-insurance...

    Bankrate’s insurance editorial team created this guide to answer these and other questions about car insurance so that this is one task that is fairly simple after the loss of your loved one.

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