Property Insurance Coverage Law

FEBRUARY 1, 2025

With six sailboats and a motorboat, I consider myself an enthusiast, though my insurance agent probably sees me as a … The post Boatowners Beware! Buy a Marine Policy Rather Than Relying Upon a Homeowners Policy For Coverage appeared first on Property Insurance Coverage Law Blog.

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Policy Marine Insurance Agents Insurance Agent 100

Insurance Journal

NOVEMBER 6, 2024

the largest insurer in the state, has suspended binding on policies, statewide, as yet another hurricane approaches from the Carribbean Sea and Gulf of Mexico. 4, “Agents may not bind … Florida’s state-created Citizens Property Insurance Corp., As of Monday, Nov.

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Policy Property Insurance Agents Insured 246

Insurance Journal

OCTOBER 30, 2024

Being an insurance agent isn’t just about selling policies; it requires a combination of knowledge, dedication, and skills that help you succeed in a highly competitive industry. This post is part of a series sponsored by Darkhorse Insurance. Whether you’re …

Insurance Agent 243

Insurance Agent Insurance Agents Agents Insured 243

Final Expense Brokerage

JANUARY 29, 2025

Jan 29, 2024 3:23:31 PM Contact Us Share: Final expense insurance is a niche that offers tremendous potential for agents looking to serve seniors and their families. The Key to Success: Quality Leads One of the most common struggles insurance agents face is finding high-quality leads.

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Insurance Agent Insurance Agents Agents Building 130

PSM Brokerage

FEBRUARY 14, 2025

Introduction: Hiring the right licensed-only agents (LOAs) is a critical step in scaling your agency or call center. Whether you're looking to expand your Medicare, ACA, Life Insurance, or Ancillary product offerings, finding top-tier agents can help you increase sales and streamline operations.

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License Agents Insurance Agent Insurance Agents 89

Insurance Journal

OCTOBER 9, 2024

An insurance broker who collected nearly $137,000 in sales commissions by submitting fabricated insurance applications for end-of-life insurance policies in clients’ names without their knowledge, and used those clients’ personal and banking information to pay for those policies, was sentenced …

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Insurance Broker Broker Policy Life Insurance 260

Insurance Journal

MARCH 26, 2025

The Michigan Department of Insurance and Financial Services (DIFS) is encouraging Michiganders to carefully review and understand their existing insurance policies with a licensed insurance agent or trusted advisor, and to shop around to ensure the best coverage to protect …

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Insurance Policy Policy License Insurance Agent 162

Property Insurance Coverage Law

SEPTEMBER 4, 2024

The duties of an insurance agent to the policyholder will differ depending on state law. Yesterday’s post about a Michigan coverage case, Order and Bind Insurance Before the Loss—Commercial Policy Covers Water Damage Under Drain Backup Endorsement, noted that there was also an issue with insurance agent negligence.

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Policyholder Insurance Agent Insurance Agents Agents 203

Insurance Journal

FEBRUARY 19, 2025

A former Ohio insurance agent was sentenced this month to five years of probation for thefts exceeding $1.4 Rhonda Chandler, of the Columbus area, stole and misappropriated funds, including premiums for pre-need life insurance policies, commonly known as burial …

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Theft Insurance Agent Insurance Agents Agents 191

PSM Brokerage

JANUARY 27, 2025

With a diverse product portfolio and a suite of powerful agent programs and services, we provide everything you need to grow your business, serve your clients, and reach your goals. Heres how our Product Portfolio and Agent Programs and Services Guide can help you thrive. Agent Methods Build a professional online presence with ease.

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Agents Insurance Agent Insurance Agents Building 104

Redbird Agents

FEBRUARY 4, 2025

For insurance agents, managing chargebacks and financial obligations responsibly is a crucial part of building a successful career. Many agents dont realize how Vector One can impact their ability to sell insurance final expense , or any type of insurance in the future. Sell to qualified clients who can afford their policies long-term.

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Agents Insurance Agent Insurance Agents Insurance Companies 130

Redbird Agents

FEBRUARY 4, 2025

For insurance agents selling final expense policies , staying informed about the funeral industry and consumer trends is essential. Consumer behaviors and industry trends shape the size and structure of policies people are purchasing. For example, one major trend is the declining face amounts of final expense policies.

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Agents Policy Insurance Agent Insurance Agents 130

Redbird Agents

FEBRUARY 3, 2025

They act as intermediaries between insurance carriers and independent agents, helping agents get contracted with top final expense insurance companies like Mutual of Omaha, Royal Neighbors, Transamerica, and others. Some simply provide carrier contracts, while others actively support agents in building and growing their business.

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Agents Insurance Carrier Life Insurance Building 130

Insurance Journal

JULY 31, 2024

The New York personal lines carrier Adirondack Insurance Exchange (AIE) is facing financial difficulties and has told its agents and customers that it is working on a transition plan for all existing policies. The insurer urged agents and customers to …

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Agents Insured Insurer Insurance 264

Redbird Agents

FEBRUARY 3, 2025

One of the most common mistakes I see in the final expense insurance industry is agents trying to diversify too soon, before they have developed real competence in final expense sales. If you look at successful agents in final expense, the vast majority are 100% focused on this market. Does that mean you cant sell other products?

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Agents Building Insurance Agent Insurance Agents 130

Insurance Journal

JULY 19, 2024

Independent agents play a critical role in helping clients find the right home insurance policies for them. They are also instrumental in sharing information about general safety considerations for homeowners, which is especially essential during the summer when risks tend …

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Home Insurance Insurance Policy Agents Insured 255

Property Insurance Coverage Law

OCTOBER 10, 2024

When your home is damaged, it’s natural for most homeowners to call their insurance agent. Your agent is usually the first person who comes to mind because they sold you the policy. But insurance agents don’t handle claims. That job belongs to an adjuster.

Insurance Agent 130

Insurance Agent Insurance Agents Agents Insured 130

Final Expense Brokerage

JUNE 30, 2024

Jun 30, 2024 5:13:42 PM Contact Us Share: Learn how to effectively address objections as an insurance agent and increase your sales success. Understanding Common Objections As an insurance agent, it is important to understand the common objections that consumers may have when it comes to buying final expense. Learn More

Insurance Agent 130

Insurance Agent Insurance Agents Agents Insured 130

Redbird Agents

FEBRUARY 3, 2025

I always tell agents that if they want to make a real career out of final expense sales, they should aim to spend at least $1,000 per week on leads. Cost: roughly $35 per month for a $1,000,000 / $2,000,000 policy Why it matters: Some final expense carriers dont require E&O, but thats a red flag.

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Agents Policy Protection Insured 130

Insurance Journal

AUGUST 4, 2024

I’m seeing more cases of carriers rescinding policies for application errors, fraud or outright lies (call it what you will) than I’ve ever seen, and these are situations when there is an errors and omission (E&O) claim against the agent.

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Agents Claim Policy 246

Insurance Journal

FEBRUARY 5, 2025

An independent insurance agent represents multiple insurance carriers, offering a diverse array of policies to meet the distinct needs of their clients. This post is part of a series sponsored by Darkhorse Insurance. The freedom to choose from various carriers …

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Insurance Agent Insurance Agents Agents Insurance Carrier 130

Redbird Agents

JULY 9, 2024

If selling insurance was so easy, then why is it that roughly 10 percent of the independent insurance agents generate the vast majority of the sales? Are all independent agents good salespeople? Why Do Insurance Agents Fail? It’s a common misconception that becoming an insurance agent is an easy path to success.

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Insurance Agent Insurance Agents Agents Broker-Agent 130

Friendly Agent

SEPTEMBER 21, 2020

The movie tackles the lives of stockbrokers and also talks about the life of their partners, insurance agents. When you think you would be able to find valuable satisfaction in life when you help protect the security and well-being of people dear to you, the career as an insurance agent is very fulfilling. Here we go.

Insurance Agent 130

Insurance Agent Insurance Agents Agents Broker-Agent 130

Final Expense Brokerage

MAY 15, 2024

May 15, 2024 11:34:08 AM Contact Us Uncover the secrets behind insurance agent commissions and learn how to maximize your earnings in this competitive field. Share: Exploring the Basics of Insurance Agent Commissions Insurance agent commissions are part of the reasons people are interested in becoming agents.

Insurance Agent 100

Insurance Agent Insurance Agents Agents Insured 100

Final Expense Brokerage

APRIL 11, 2024

IMOs play a pivotal role in supporting agents, providing resources, and creating growth opportunities to help them achieve their objectives. With a multitude of IMOs out there, it's crucial for agents to thoroughly assess their choices and pick a partner that matches their requirements and goals.

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Life Insurance Insurance Agent Insurance Agents Agents 130

Redbird Agents

APRIL 15, 2024

It looks like you’re here to learn how to become a Medicare insurance agent? This article breaks down the 8 steps required to start and maintain a successful career in Medicare sales and build a residual six-figure income in five years or less (I’ve coached many agents who have accomplished this in 24 months or less).

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Insurance Agents Insurance Agent Agents License 130

Final Expense Brokerage

APRIL 25, 2024

This guide delves into tools, methods, and tactics that can help you advance your career from being a decent agent to truly excelling. Utilizing the Benefits of CRM Software: A crucial tool for a life insurance agent is a Customer Relationship Management (CRM) software. This often led to delays and missed opportunities.

Insurance Agent 130

Insurance Agent Insurance Agents Agents Life Insurance 130

Redbird Agents

SEPTEMBER 10, 2024

A well-crafted fact finder is one of the most powerful tools an insurance agent can use to build relationships, close sales, and set the stage for future sales opportunities. A fact finder is a structured document or questionnaire that insurance agents use to gather essential details about their clients. What is a Fact Finder?

Insurance Agent 130

Insurance Agent Insurance Agents Agents Life Insurance 130

Final Expense Brokerage

JULY 3, 2024

In today's digital age, social media has become an invaluable tool for insurance agents looking to expand their client base. Here’s how to effectively use social media ads to find clients as an insurance agent. New parents are often considering their family's future and are more likely to be interested in life insurance policies.

Insurance Agents 130

Insurance Agents Insurance Agent Agents Life Insurance 130

Final Expense Brokerage

JULY 19, 2024

A well-crafted personal brand not only sets you apart from other agents but also builds trust and credibility with your clients. Define Your Unique Value Proposition Identify Your Strengths: Determine what sets you apart from other agents. Linda, an insurance agent, features client testimonials prominently on her website.

Insurance Agents 130

Insurance Agents Insurance Agent Agents Building 130

Final Expense Brokerage

NOVEMBER 30, 2024

When discussing final expense insurance with clients, agents often encounter misconceptions that can prevent clients from seeing the value of these policies. This blog breaks down common myths and misconceptions surrounding final expense insurance, offering agents clear strategies and examples to educate and reassure clients.

Agents 130

Agents Out-Of-Pocket Life Insurance Insured 130

Redbird Agents

JULY 10, 2024

This is for existing P&C insurance agents who want to learn how to get started selling life insurance. Your unique advantage is that you bring a client base to the table; one that knows you (or one of your agents or CSRs) and is loyal. Prospect, this is (Agent Name) from (XYZ Agency Name). Did I catch you at a bad time?

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Life Insurance Agents Insured Insurer 130

Final Expense Brokerage

MAY 10, 2024

May 11, 2024 10:44:08 AM Contact Us Are you interested in becoming a life insurance agent? Share: Understanding the Role of a Life Insurance Agent As a life insurance agent, your primary role is to help individuals and families protect their financial future by providing them with suitable life insurance policies.

Life Insurance 100

Life Insurance Insurance Agent Insurance Agents Agents 100

Distinguished

JANUARY 22, 2025

Distinguished offers a Renewal Certificate Endorsement , now available for eligible Contractor’s Pollution Legal Liability Plus (CPL) and Contractor’s Pollution & Professional Legal Liability Plus (CPPL) policies. Property and Liability products are distributed through a national network of agents and brokers.

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Policy Broker-Agent Inland Marine Liability 52

Final Expense Brokerage

NOVEMBER 30, 2024

In final expense insurance, agents often deal with sensitive questions that touch on the client’s financial worries, family security, and end-of-life concerns. Explain how the policy is designed to protect their family from substantial funeral expenses. Break down the benefits. What if I pass away sooner than expected?”

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Agents Life Insurance Policy Insured 130

Shield Insurance Agency

MARCH 27, 2025

Trusting your insurance agent is crucial, as they play a vital role in protecting your assets. Upon review, it was clear that while an error occurred on the agents part, there were also steps the client had not taken to ensure their desired coverage was in place. This can be an email, a letter, or an updated policy document.

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Agents Insured Insurer Insurance 52

Redbird Agents

FEBRUARY 4, 2025

Here are a few real-world examples of what final expense agents often encounter: Rural Adventures You have an appointment in a rural area, and the only thing between you and your clients front door is a 2,000-pound bull. Many will show their gratitude in ways that go far beyond just buying a policy.

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Agents Life Insurance Underwriter Underwriting 130