The Property Insurance Law Observer

AUGUST 22, 2024

2024), the District Court of Massachusetts found that “collapse” provisions within a commercial property policy were ambiguous where a floor merely sagged without completely falling to the ground. During the policy period, the insured’s floor “sunk” between eight to 12 inches.

Building 130

Building Commercial Property Damage Policy 130

Protect Commercial Insurance

MAY 24, 2024

While you may have the basic insurance policies in place, such as property and general liability insurance, there are several other essential insurance policies that you might be overlooking. That’s why it’s crucial to consider other insurance policies to protect your business comprehensively.

Insurance Policy 52

Insurance Policy Protection Policy Business Interruption 52

Protect Commercial Insurance

OCTOBER 11, 2024

Introduction Climate change isn’t just an environmental buzzword; it’s rapidly becoming a pivotal factor in the world of insurance, especially for commercial properties. As we face more frequent and intense extreme weather events, insurers are re-evaluating their policies to better manage these growing risks.

Commercial Property 52

Commercial Property Commercial Insurance Policy Policy 52

P&L Financial Services

AUGUST 29, 2024

Myth 1: Senior Benefits Agents Are Just Salespeople One of the biggest misconceptions about senior benefits agents is that their job is solely about selling insurance policies. This training covers everything from the basics of Medicare to the nuances of various plans and policies.

Insurance Policy 52

Insurance Policy Policy Agents Insurer 52

Final Expense Brokerage

JUNE 30, 2024

Establishing Credibility and Connection One of the keys to handling objections as an insurance agent is establishing credibility and connection with your potential customers. By building trust and rapport, you can overcome objections more effectively. Emphasize the peace of mind and protection that the insurance can provide.

Insurance Agent 130

Insurance Agent Insurance Agents Agents Insurer 130

P&L Financial Services

AUGUST 29, 2024

Myth 1: Senior Benefits Agents Are Just Salespeople One of the biggest misconceptions about senior benefits agents is that their job is solely about selling insurance policies. This training covers everything from the basics of Medicare to the nuances of various plans and policies.

Insurance Policy 52

Insurance Policy Policy Life Insurance Agents 52

Property Insurance Centre

SEPTEMBER 25, 2024

Top Building Insurance Pitfalls Here are some common pitfalls to avoid when getting building insurance in the UK: – Underinsuring. Insure your building at the amount that it will cost to rebuild it and not at the current market value when securing block of flats insurance.

Building 52

Building Insured Insurer Insurance 52

The Property Insurance Law Observer

SEPTEMBER 16, 2024

Background In November 2019, West American [1] issued an insurance policy providing coverage for the Insured’s commercial shop buildings. In 2021, the Insured, through its public adjuster, filed a claim under the property policy, alleging that a May 2020 hailstorm caused significant damage to the roofs of two buildings.

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Insurance Companies Damage Insurer Insured 130

The Property Insurance Law Observer

AUGUST 1, 2024

23, 2024), the Supreme Judicial Court of Massachusetts held that the term “surface waters,” as used in a limitation contained in commercial property insurance policies, was ambiguous in the context of rainwater accumulating on roofs, thereby finding coverage for the insured.

Commercial Property 130

Commercial Property Damage Policy Commercial 130

Final Expense Brokerage

MAY 10, 2024

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. Once you pass the exam, you can apply for your life insurance agent license.

Life Insurance 100

Life Insurance Insurance Agent Insurance Agents Agents 100

The Property Insurance Law Observer

MAY 21, 2024

The New York Supreme Court recently weighed in on what constitutes “reasonable care” to maintain heat in the context of a first-party insurance policy exclusion requiring such reasonable care. The house was insured under a homeowners policy issued by Leatherstocking Cooperative Insurance Company.

Policy 130

Policy Damage Insurance Companies Insurance Carrier 130

Final Expense Brokerage

OCTOBER 23, 2024

Oct 24, 2024 1:53:43 PM Contact Us Share: Gain valuable insights for building trust with senior clientele. Establishing a strong connection with older clients is essential for excelling in final expense insurance sales. As an insurance agent, your role goes beyond just making a sale.

Building 130

Building Insurer Insured Insurance 130

Final Expense Brokerage

JUNE 23, 2024

Whether you want a policy that covers only funeral expenses or one that also includes outstanding debts or other end-of-life costs, you have the flexibility to tailor the coverage to your specific requirements. Final expense insurance helps alleviate this burden, allowing your family to focus on healing.

Life Insurance 130

Life Insurance Premium Insured Insurer 130

American Senior Benefits

AUGUST 14, 2024

#IndustryExpert/#LeadershipExpert/ August 13, 2024 Self-awareness is indeed a powerful tool that influences various aspects of our lives, from decision-making to relationship-building, and even to our overall happiness. For leaders, this quality is particularly crucial.

Insurance Policy 52

Insurance Policy Policy Insurer Insured 52

Redbird Agents

SEPTEMBER 13, 2024

Understanding Insurance Marketing and Its Importance At its core, insurance marketing involves using various techniques and tools to promote insurance products and services to potential clients. A successful insurance marketing plan will allow you to: Drive consistent lead generation.

Insurance Agency 130

Insurance Agency Insurer Insured Insurance 130

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. Navigating these questions with empathy and understanding is crucial, as it helps build trust and reassures clients during an emotionally charged process.

Agents 130

Agents Life Insurance Policy Insurer 130

Mark Jackson Insurance Agency

AUGUST 6, 2024

Evaluate your existing life insurance policies and consider whether your coverage needs adjustment to reflect your new marital status. You may find that increasing your coverage or purchasing additional policies ensures both partners are adequately protected. Contact us today to review your coverage.

Policy 52

Policy Auto Insurance Life Insurance Insurance Policy 52

Final Expense Brokerage

AUGUST 5, 2024

This could be in the form of weekly emails or calls to update them on the progress of their policy applications and any additional information required. Example: “Just a quick update: your policy application is currently being processed, and we expect to have everything finalized by next week. Example: “Your policy has been approved!

Policy 130

Policy Building Agents Insurance Industry 130

Final Expense Brokerage

MARCH 29, 2024

Clients who place trust in their insurance agents are more likely to renew their policies, acquire coverage, and recommend the agent's services to friends and family. Clearly explain policy details, coverage choices, and pricing while addressing any inquiries or concerns honestly.

Insurance Agent 130

Insurance Agent Insurance Agents Agents Insurer 130

HBW Leads

JUNE 6, 2024

However, have you considered expanding your offerings to include home insurance policies? You can tap into a new market and increase your revenue stream by implementing the right home insurance lead management strategies. This article will explore valuable tips to help you manage your home insurance leads and sell more policies.

Home Insurance 52

Home Insurance Policy Insurer Insured 52

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. This is not just administrative data; it provides a strong foundation for building a relationship.

Insurance Agent 130

Insurance Agent Insurance Agents Agents Life Insurance 130

Final Expense Brokerage

MAY 15, 2024

These commissions are the earnings that insurance agents receive for selling insurance policies to clients. As an insurance agent, understanding the basics of how commissions work is essential for maximizing your earnings. Agents who excel in these areas are rewarded with higher commission rates.

Insurance Agent 100

Insurance Agent Insurance Agents Agents Insurer 100

Final Expense Brokerage

SEPTEMBER 30, 2024

Keeping Up with Industry Regulations Insurance regulations can shift unexpectedly, impacting the way you do business. For example, states may introduce new guidelines around how final expense insurance policies are structured or sold. Mentorship is another powerful way to continue your education.

Agents 130

Agents Insurance Agent Insurance Agents Policy 130

P&L Financial Services

AUGUST 29, 2024

Myth 1: Senior Benefits Agents Are Just Salespeople One of the biggest misconceptions about senior benefits agents is that their job is solely about selling insurance policies. This training covers everything from the basics of Medicare to the nuances of various plans and policies.

Building 52

Building Agents Insurer Insured 52

P&L Financial Services

AUGUST 29, 2024

Myth 1: Senior Benefits Agents Are Just Salespeople One of the biggest misconceptions about senior benefits agents is that their job is solely about selling insurance policies. This training covers everything from the basics of Medicare to the nuances of various plans and policies.

Building 52

Building Agents Insurer Insured 52

Wren Insurance Agency

SEPTEMBER 3, 2024

Overflow of inland or tidal waters, heavy runoff from significant rainfall, collapse or destabilization of land along a body of water due to erosion, or unexpected wave activity can all cause flooding events in your home that aren't covered by your typical HO3 policy. Regardless, it's much better to have coverage than to be without.

Insurer 86

Insurer Insured Insurance Policy 86

P&L Financial Services

AUGUST 29, 2024

Myth 1: Senior Benefits Agents Are Just Salespeople One of the biggest misconceptions about senior benefits agents is that their job is solely about selling insurance policies. This training covers everything from the basics of Medicare to the nuances of various plans and policies.

Agents 52

Agents Building Life Insurance Insurance Agent 52

Final Expense Brokerage

SEPTEMBER 30, 2024

For example, if data shows that a large segment of your client base is concerned about leaving enough money behind to cover funeral expenses, you can focus your sales conversations around providing peace of mind through final expense insurance policies.

Life Insurance 130

Life Insurance Agents Insurance Policy Policy 130

Property Insurance Centre

MAY 20, 2024

Importance of Accurate Declared Value It is vital that the block management company ensures the flats are insured for the correct rebuilding cost , as this value can increase each year depending on rising costs of materials and labour, as well as new building regulations.

Building 52

Building Liability Insured Insurer 52

P&L Financial Services

AUGUST 29, 2024

Myth 1: Senior Benefits Agents Are Just Salespeople One of the biggest misconceptions about senior benefits agents is that their job is solely about selling insurance policies. This training covers everything from the basics of Medicare to the nuances of various plans and policies.

Policy 52

Policy Agents Insurance Policy Compensation 52

Friendly Agent

SEPTEMBER 21, 2020

Deciding which product to sell On your way to becoming the full-fledged insurance agent, among the things you will have to do is to decide which products you will sell. You may find various types of personal insurance and commercial insurance policies. There are Property and Casualty, Life/health insurance, and more.

Insurance Agent 130

Insurance Agent Insurance Agents Agents Broker-Agent 130

The Insurance Pro

FEBRUARY 16, 2024

Building a substantial wealth portfolio involves strategic planning and understanding of various financial instruments. By employing tactics focusing on tax-exempt securities such as municipal bonds and considering life insurance policies with cash value components, you can enhance. Keep Reading

Life Insurance 52

Life Insurance Insurance Policy Insured Insurer 52

Property Insurance Centre

JANUARY 30, 2024

Freehold Block of Flats Insurance: Top Cover Tips If you own a freehold block of flats , it’s crucial to have the right insurance coverage to protect your investment. Standard home insurance policies may not provide adequate protection for the unique risks associated with a block of flats.

Insurer 52

Insurer Insured Insurance Building 52

Redbird Agents

JULY 9, 2024

I spoken with thousands of insurance agents, many of whom are venturing out on their own for the first time. They’ve been misled by friends claiming that selling insurance policies as an independent insurance agent is straightforward and profitable. Why do so many insurance agents quit?

Insurance Agent 130

Insurance Agent Insurance Agents Agents Broker-Agent 130

P&L Financial Services

DECEMBER 20, 2024

Life insurance often feels like a topic best tackled earlier in life, but its far from being too late for seniors to secure a meaningful policy. As an insurance agent, understanding the needs and concerns of senior clients can open the door to building trust and creating solutions tailored to their unique situations.

Life Insurance 52

Life Insurance Agents Policy Insurer 52

Neilson Marketing Services

SEPTEMBER 11, 2024

Email marketing remains one of the most powerful tools for converting insurance leads into clients. For insurance professionals, it offers a direct way to communicate with potential customers, build relationships, and ultimately drive conversions. FAQ How can email marketing help convert insurance leads into clients?

Insurance Agent 90

Insurance Agent Insurance Agents Insurer Insured 90

Cover4LetProperty

OCTOBER 1, 2024

Buy to let insurance is a specialised type of insurance that covers the unique risks faced by landlords. While it shares some similarities with standard home insurance, it includes additional protection tailored to rental properties and tenants. Why do you need landlord insurance? What does landlord insurance cover?

Insurer 60

Insurer Insured Insurance Injury 60