Jackson & Jackson

APRIL 29, 2024

This article outlines practical tips and strategies to help commercial property owners in California minimize their insurance expenses while maintaining adequate protection for their investments. Increase Your Deductible Increasing your deductible is one of the simplest ways to lower your insurance premiums.

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Protect Commercial Insurance

JULY 26, 2024

In this article, we will provide you with four essential tips to help you understand your coverage needs, find the best rates, review and update your policy regularly, and work with an experienced insurance broker. Insurers often provide discounts for bundling multiple policies, which can help you save on premiums.

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ProWriters

NOVEMBER 13, 2024

The CrowdStrike attack underscores your need, as a Cyber Insurance broker, to have discussions with your clients about safely and effectively navigating today’s digital security landscape. Knowing policy limits, deductibles, and exclusions is critical. What Is the CrowdStrike Attack?

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Ease

FEBRUARY 21, 2023

21, 2023 – Ease®, a leading HR and benefits software solution for small- and medium-sized businesses (SMBs), insurance brokers, and insurance carriers, today released the 2023 SMB Benefits and Employee Insights Report. Panning out, HDHPs typically combine with a health savings account (HSA). million+ employees.

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AMAXX

JULY 30, 2024

And these losses, which I should reference, is this is in a high deductible or a loss sensitive any loss sensitive program and this could be high deductible, it could be a retro plan, it could be some captive plans where you’re participating in some of the losses. All rights reserved under International Copyright Law.

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Smart Insurance Agents

SEPTEMBER 28, 2024

In this article, we’ll explain the benefits of using a broker, how to find a reliable one, and key questions you should ask. Key Takeaways Medical insurance brokers serve as intermediaries, helping clients navigate the insurance market and find suitable health plans tailored to their unique needs.

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AMAXX

JANUARY 14, 2025

Employers bear the cost of premiums and may also pay retained losses, such as deductibles, depending on their coverage structure. You should consult with your insurance broker, attorney, or qualified professional. Premiums Reflect Risk While workers’ compensation provides predictability, it is not free.

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Risk Management Monitor

AUGUST 30, 2021

When it comes to your insurance policies, it is critical to verify that your coverage includes appropriate, up-to-date limits and deductibles. This includes determining if you have adequate insurance based on your location and its respective risk for floods or windstorms. Read the Fine Print.

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Jackson & Jackson

MAY 22, 2024

Insurers often provide discounts or more favorable terms to properties with proactive risk mitigation strategies in place. Additionally, investors can explore the option of higher deductibles to reduce premiums. By assuming a higher portion of the risk, investors may be able to negotiate lower insurance costs.

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Bankers Insurance

SEPTEMBER 12, 2023

In this scenario, you file a claim using your collision coverage and receive a check from your insurer to cover the repair costs, minus your deductible. After this, your carrier has the right to seek compensation from the insurance carrier of the at-fault party. HOW LONG DOES SUBROGATION TAKE?

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Smart Insurance Agents

AUGUST 29, 2024

The primary types include Health Maintenance Organization (HMO), Preferred Provider Organization (PPO), Exclusive Provider Organization (EPO), Point of Service (POS), and High-Deductible Health Plans (HDHP). These plans typically offer lower costs due to the risk being spread across a larger group of insured individuals.

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Smart Insurance Agents

DECEMBER 9, 2024

Cost: Evaluate the premiums, deductibles, copayments, and out-of-pocket maximums associated with each plan. Look for customer reviews and ratings to gauge customer satisfaction and the overall reliability of the insurance provider. List of Short Term Health Insurance Illinois 1.

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Healthinsurance.org

JANUARY 2, 2024

PPOs will cover out-of-network care, but the deductible and other out-of-pocket expenses are typically higher (often significantly so) for out-of-network care. But those provisions are only required to apply to in-network care, so they don’t reduce out-of-network deductibles.)

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Word & Brown

SEPTEMBER 25, 2024

For those that were, insurers upheld the denial in 59% of cases. Nevertheless, as a health insurance broker, you may be called upon by an Individual & Family Plan (IFP) customer, an employee enrolled in an employer-sponsored health plan, or an employer client acting on behalf of themselves or an employee concerning a claims appeal.

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Jackson & Jackson

APRIL 28, 2024

Cheaper policies can come with higher deductibles, more exclusions, and lower coverage limits, which could cost more in the long run. Work with a reputable insurance broker who understands the unique needs of property investors. How to Avoid It: Shop around and compare policies based on price and coverage.

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Word & Brown

OCTOBER 18, 2024

That’s why we suggest every broker adopt and implement a good Customer Relationship Management (CRM) platform. Check out our prior post, Ranking the Best CRM Options for Insurance Brokers. Some plans may have changed deductibles – or added new ones to certain types of treatment.

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Healthinsurance.org

OCTOBER 16, 2024

For 2025, there are some changes to these subsidies: California : A state program that debuted in 2024 eliminated deductibles and other out-of-pocket costs for applicants with household incomes up to 250% of the federal poverty level (FPL). 4 For 2025, the program is expanding.

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Word & Brown

SEPTEMBER 13, 2024

That includes understanding what plans offer the lowest and highest out-of-pocket costs, including deductible, copays, and coinsurance. The post 5 Health Insurance Essentials Brokers Should Know appeared first on The Insurance Broker Blog.

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Smart Insurance Agents

AUGUST 19, 2024

Standalone dental plans usually offer different levels of coverage with varying costs like premiums, deductibles, and yearly limits. You can use online comparison tools and talk to insurance brokers who focus on Medicare dental insurance to find the best plan for you. Be sure to look closely at the coverage details.

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Word & Brown

FEBRUARY 18, 2025

automated deductible and Rx updates (so you know when they apply before benefits kick in). The post Understanding the Agent, General Agency, and Carrier Relationship: A Guide for New Brokers appeared first on The Insurance Broker Blog. side-by-side plan comparisons with highlighted plan differences.

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Word & Brown

SEPTEMBER 30, 2024

6: Explain Policy Features: Be sure your prospects and clients understand plan deductible(s), copayments, waiting periods, creditable coverage (from a prior/existing group plan), and coverage limits. The post 9 Tips on How to Sell Group Dental Insurance appeared first on The Insurance Broker Blog.

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Smart Insurance Agents

JANUARY 11, 2025

Small businesses can explore plans through the Health Insurance Marketplace, where they can find a variety of coverage levels and premium costs. Analyze the premiums, deductibles, co-pays, and out-of-pocket maximums to determine the plan’s affordability for both the business and its employees.

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Word & Brown

AUGUST 23, 2024

Remember, too, that your workspace may be a deductible expense on your taxes. Ask your Word & Brown rep whether they know brokers with stellar home office set-ups or further suggestions. The post 10 Tips for Optimizing Your Office Setup; Don’t Skimp – You’re Worth It appeared first on The Insurance Broker Blog.

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Cover4LetProperty

OCTOBER 10, 2022

As with any security deposit, it needs to be returned – less any deductions that are agreed upon – to the tenant when the tenancy ends. What are let property insurance brokers? There is rarely any alternative but to read and compare the policy details to be clear – and when in doubt, to ask your insurance broker.

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Property Insurance Centre

SEPTEMBER 25, 2024

If you have a low credit score, you may be considered a higher risk and could face higher insurance premiums as a result. By understanding these factors, you can take steps to reduce your insurance costs, such as choosing a higher deductible or improving the condition of your property. Looking for a quote now?

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Healthinsurance.org

APRIL 25, 2024

9 You’ll want to find out how much your spouse’s payroll deduction for the health plan will increase once you’re added to the plan. You’ll be starting over at $0 in out-of-pocket spending, so you’ll want to make sure you know how much the deductible and other out-of-pocket exposure is on your spouse’s plan.

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Healthinsurance.org

JUNE 20, 2024

One of the benefits of employer-sponsored health insurance is that the premiums are typically paid on a pre-tax basis for the employee, their spouse, and their tax dependents. Louise Norris is an individual health insurance broker who has been writing about health insurance and health reform since 2006. 30, 2022

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Word & Brown

JANUARY 23, 2025

The ACA requires marketplace plans to cover at least one drug in each drug class and to include out-of-pocket Rx expenses in an insured persons or familys deductible. The post 9 Things I Wish I Knew About Health Insurance Years Ago appeared first on The Insurance Broker Blog.

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