|Bank of America Insurance helps you give a protection cover to your life and treasured possessions besides helping you safeguards your investments in various BOA products. The bank offers most insurance products through one of its subsidiaries which are Bank of America National Association (BANA) and Banc of America Insurance Services, INC (BAISI). Though both these BOA subsidiaries are licensed insurance agencies, the services provided by them are not FDIC insured.
The product range for Bank of America Insurance includes Homeowners & Condo Insurance, Renters Insurance, Disaster Protection, Home Warranty and Mortgage Protection besides comprehensive plans on life and health issues. Other related products include Borrowers Protection Plan, Credit Protection Plus, Complete Home for home improvement and a Financial Protection Planner. To get a full list of the insurance products and overview visit the official site of Bank of America.
Bank of America Home Insurance
Bank of America Home Insurance is a guarantee for your financial security in case a calamity strikes the structure of your home or any of its contents. The homeowners insurance police provides you an extensive coverage against the damages done by fire, smoke, lighting, theft, wind, hail, water and frost to your home and/or the structure on it. With BOA homeowners insurance product, you can also make a claim for the medical or legal expenses if a person gets injured due to negligence on your property.
It is not only the homeowners who need an insurance protection but a renter too, and Bank of America Renters Insurance is exactly meant for this. The coverages provided by a renter policy includes personal property, loss of use, medical payments and personal liability. Another product known as Home Warranty helps you pay for the repairs of appliances and mechanical systems installed at your home. Moreover, mortgage protection plans and home loans insurance are designed to help you pay off the mortgage balance in case of a death or disability.
Bank of America Insurance Department
Bank of America Insurance Department can be approached for any queries regarding the policy terms, insurance rates, claim procedure and other details.