Healthinsurance.org

SEPTEMBER 17, 2024

But there will also be the same sort of changes that enrollees see every year, in terms of adjustments to plan designs, provider networks, and premiums – including changes to subsidy amounts that can affect net premiums. Premium tax credit eligibility is governed by IRS rules that are applicable nationwide.

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Healthinsurance.org

OCTOBER 16, 2024

State-funded health insurance subsidies change in several states In addition to the ACA’s federal premium subsidies and cost-sharing reductions, several states offer additional state-funded subsidies that further offset enrollees’ premiums, out-of-pocket costs, or both. 4 For 2025, the program is expanding.

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Premium Out-Of-Pocket Broker-Agent Broker 111

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. Obtain quotes from at least three different insurers to compare coverage options and premiums.

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Commercial Insurance Broker General Liability Business Interruption 52

Jackson & Jackson

APRIL 29, 2024

Increase Your Deductible Increasing your deductible is one of the simplest ways to lower your insurance premiums. This means you will pay more out of pocket in case of a claim, but your monthly or annual insurance costs will be lower. However, taking specific protective measures against these risks can help reduce premiums.

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Commercial Property Property Insurance Commercial Broker-Agent 52

Cowbell

AUGUST 20, 2024

where he orchestrated strategic roadmaps, oversaw the integration of API products, and launched and oversaw a new division focused on building a portfolio of specialty insurance products. He expanded API premium across multiple business lines through key partnerships within the insurance ecosystem.

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Cyber Insurance Broker Underwriter Underwriting 105

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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Broker Broker-Agent Insurance Broker Insurer 52

Property Insurance Centre

NOVEMBER 11, 2024

These are just some of the excuses we hear of from the question of, “ Why can’t I get insurance ?” ” or can’t get the insurance you deserve for that matter – insurance with reasonable premiums and without unnecessary restrictions.

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Property Insurance Centre

OCTOBER 18, 2024

The insurance industry has had to adjust premiums to reflect this growing risk. By mid-2024, the average cost of home insurance had risen by 19% compared to 2023, with flood-prone areas facing even steeper increases​ CityAM.

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Property Insurance Premium Insurer Insured 52

Ease

FEBRUARY 21, 2023

Annual benchmarking and trend report shows smallest businesses see biggest medical premium increases SAN FRANCISCO, Feb. 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.

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Protect Commercial Insurance

SEPTEMBER 13, 2024

Here is where brokers come in, not merely as middlemen, but as invaluable partners in the quest for the best commercial insurance deals. Let’s delve into the multifaceted roles brokers play and understand the irreplaceable value they bring to the table.

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Commercial Insurance Broker Commercial Broker-Agent 52

AMAXX

JULY 30, 2024

So this is your premium adjustments, and these are discretionary adjustments that can be given by your underwriter based on how well they perceive you managing your risk, how well they perceive you managing your risk. You’re gonna have to some of these premium adjustments. We’ve got things under control based on your mod.

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Workers Comp Risk Workers Compensation Injury 52

Word & Brown

AUGUST 6, 2024

. – Benefit brokers — those who primarily sell core or employer-funded products but also sell voluntary benefits — beat the industry average with 7% sales growth in 2023 -These brokers produced total sales of $6.3 jump, which pushed total sales premium to $9.34 billion, or 68% of the total market.

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Broker Injury Insurance Broker Life Insurance 52

Property Insurance Centre

JANUARY 4, 2024

Get a Quote Insurance under one roof We are specialists in many types of insurance GET YOUR QUOTE GET YOUR QUOTE Key Takeaways Consistent rate increases have been experienced in the property insurance market since 2017. Inflation drives up property valuations , construction costs , and insurance premiums.

Property Insurance 52

Property Insurance Commercial Property Liability Premium 52

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. Rate changes may vary by coverage selected and insurer. That is only slightly above the 6% increase in 2024 premiums.

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Broker Insurance Broker Premium Deductible 52

Word & Brown

SEPTEMBER 30, 2024

It’s key to review and compare options by carrier, not just premium. 5: Discuss Cost Savings: Explain to your clients how they can save on Dental care, and how adding coverage for major services will affect their plan premium. The post 9 Tips on How to Sell Group Dental Insurance appeared first on The Insurance Broker Blog.

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Premium Broker-Agent Insurer Insured 52

Property Insurance Centre

AUGUST 28, 2024

Corner Shop Insurance and BT Redcare Alarm changes Business Owners who have corner shop insurance are all to aware of the benefits an appropriate intruder alarm system will have, both in relation to their insurance premiums (or in being given an insurance policy at all in some cases) and to the physical security of their goods.

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Insurer Insured Insurance Property Insurance 52

Protect Commercial Insurance

FEBRUARY 10, 2022

Whilst we’re predominantly a commercial insurance broker, the new ruling affects our high-value household policies. Key changes The new rules have brought some key changes to the way General Insurance works: Equivalent policy premiums should not be higher for existing customers than for new customers. Premium reductions?

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Premium Commercial Insurance Broker Commercial 52

Jackson & Jackson

MAY 22, 2024

From the bustling urban centers of Los Angeles and San Francisco to the scenic coastal towns and sprawling agricultural regions, each location presents its own set of challenges and opportunities for investors seeking insurance coverage. Investors should also consider the impact of climate change on the insurance landscape in California.

Property Insurance 52

Property Insurance Commercial Property Commercial Broker-Agent 52

Property Insurance Centre

AUGUST 8, 2024

However, if it goes more long term the insurers can at worst pull cover entirely leaving you to search the market for an alternative, or perhaps apply more stringent conditions and charge a rather large additional premium – usually refundable on a pro-rata basis, assuming you are able to let the property out again!

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Insurer Insured Insurance Premium 52

Healthinsurance.org

JANUARY 23, 2024

For individual/family major medical policies with effective dates of 2014 or later, the insurer cannot take the applicant’s medical history into consideration. So pre-existing conditions will not affect the premium or the person’s eligibility for coverage. In 2023, the average full-price Marketplace premium in Texas was $578/month.

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Premium Insurance Broker Policy Underwriter 52

Word & Brown

NOVEMBER 12, 2024

For independent insurance agents, Quotit pricing starts at $99 a month, with standard and premium options at $149 and $199 per month, respectively. An FMO provides insurance brokers with support and connects them with a roster of insurance carriers – offering a range of products and services.

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Broker Broker-Agent Insurer Insured 52

Property Insurance Centre

AUGUST 12, 2024

We work closely with our Insurers to get the best rates and our experience and excellent relationships with them mean that we can provide cover for even the most difficult to place risks. Established in 1976, we are not a call centre but a specialist insurance broker with a traditional office mentality, where the client comes first.

Commercial Property 52

Commercial Property Commercial Property Insurance Building 52

Property Insurance Centre

SEPTEMBER 11, 2024

We work closely with our Insurers to get the best rates and our experience and excellent relationships with them mean that we can provide cover for even the most difficult to place risks. Established in 1976, we are not a call centre but a specialist insurance broker with a traditional office mentality, where the client comes first.

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Insurance Policy Policy Boiler and Machinery Insurer 52

Healthinsurance.org

APRIL 25, 2024

2 And thanks to federal legislation, the American Rescue Plan (ARP), that enhanced ACA premium subsidy eligibility for millions of consumers, you’re more likely than ever to find Marketplace coverage that’s subsidized – and you won’t have to wait for the next annual open enrollment period to enroll if you’re eligible for a SEP.

Out-Of-Pocket 52

Out-Of-Pocket Premium Insurer Insured 52

Property Insurance Centre

JULY 21, 2024

We work closely with our Insurers to get the best rates and our experience and excellent relationships with them mean that we can provide cover for even the most difficult to place risks. Established in 1976, we are not a call centre but a specialist insurance broker with a traditional office mentality, where the client comes first.

Claim 52

Claim Property Damage Property Insurance Building 52

Word & Brown

SEPTEMBER 10, 2024

Our value-added extras – like free COBRA admin and a Premium Only Plan for qualified groups – will help you nurture your client relationships for a long-term connection. The post Streamline Your Sales Processes With Help from Word & Brown’s Broker Support Teams appeared first on The Insurance Broker Blog.

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Broker Underwriter Underwriting Premium 52

Word & Brown

OCTOBER 31, 2024

The post 5 Strategies to Help Insurance Agents Win Over New Clients appeared first on The Insurance Broker Blog. Or if you’re not already doing business with us, call 800-869-6989 or get started by filling out our online form.

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Insurance Agents Insurance Agent Agents Broker-Agent 52

Property Insurance Centre

SEPTEMBER 25, 2024

This might seem like an advantage since this saves cost initially, though it might lead to high premium costs later on. It is important not to rely only on the words that a broker tells you, try to read all the details. These can be added to your policy for an additional premium. – Picking a low excess.

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Building Insurer Insured Insurance 52

Word & Brown

OCTOBER 14, 2024

We also assist with carrier negotiations on rates, premium holidays, tech credits, wellness credits, and more. Our value-added extras – like free COBRA administrative services and a Premium Only Plan for qualified groups – will help nurture your client relationships for years to come. Benchmark reporting is available.

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Broker Broker-Agent Premium Agents 52

Healthinsurance.org

MAY 20, 2024

The alleged plan: to deliberately misrepresent the ACA’s advance premium tax credits – APTC – which are paid directly to an insurance company, not to the consumer. First, the American Rescue Plan (ARP) enhanced Marketplace premium subsidies starting in mid-2021.

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Broker-Agent Broker Out-Of-Pocket Premium 52

Friendly Agent

SEPTEMBER 21, 2020

How do you make money as an insurance agent? The insurance broker is able to earn money from commissions when they start selling insurance products to customers. The commissions come from a percentage coming from the amount of the yearly premium, as well as the policy it is being offered for.

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Insurance Agents Insurance Agent Agents Broker-Agent 130

Smart Insurance Agents

AUGUST 29, 2024

HDHPs feature high deductibles but lower premiums, making them suitable for pairing with health savings accounts (HSAs). Offering health insurance helps small businesses attract and keep skilled employees, setting them apart from competitors. Small business owner should gather quotes from various insurers to compare coverage and costs.

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Deductible Insured Insurer Insurance 52

Jackson & Jackson

APRIL 28, 2024

This article outlines the top five mistakes property investors make with insurance and provides practical tips on avoiding them, ensuring your investments are adequately protected. This often happens when trying to save on premiums. Work with a reputable insurance broker who understands the unique needs of property investors.

Business Interruption 52

Business Interruption Out-Of-Pocket Expense Out-Of-Pocket Broker-Agent 52

Word & Brown

AUGUST 23, 2024

Premium Speakers: Whether you’re working alone or alongside others, studies show that music can be motivational, release dopamine, and reduce stress. It includes six models based on different criteria: best overall, best for accessories, best on a budget, best premium, best minimalist, and best for cable management.

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Broker Premium Deductible Injury 52

Word & Brown

AUGUST 16, 2024

Plus, our value-added extras – like free COBRA admin and a Premium Only Plan for qualified groups – will help you nurture your client relationships for a long-term connection. The post 5 Reasons Why Word & Brown is the Ideal Partner for New Brokers appeared first on The Insurance Broker Blog.

Broker 52

Broker Underwriter Underwriting Building 52

Word & Brown

AUGUST 30, 2024

Once you have a thumbs up from your buyer, you will want to discuss next steps: needed paperwork, first premium payment, employee enrollment (online, in-person, or hybrid), etc. The post How to Create a Winning Insurance Sales Presentation appeared first on The Insurance Broker Blog.

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Insurer Insured Insurance Broker 52

Property Insurance Centre

JANUARY 30, 2024

Key aspects to consider when buying buildings insurance include reviewing the policy’s exclusions , understanding excesses , comparing premiums, and evaluating the level of customer service provided by the insurer. Review the policy’s exclusions , understand excesses , and compare premiums.

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