The Property Insurance Law Observer

MARCH 4, 2024

At issue in the case was the application of the policy’s wear and tear exclusion and its exceptions. The insurance policy covered direct physical loss but contained an exclusion for physical damage caused by wear and tear, marring or deterioration.

Damage 130

Damage Policy Claim Property Damage 130

Property Insurance Centre

MARCH 19, 2024

By understanding key terms, policy details, and the rights and responsibilities of policyholders, consumers can engage with insurers more effectively, ensuring better communication and ultimately achieving their desired outcomes.

Property Insurance 52

Property Insurance Policyholder Insurance Insurer 52

Shield Insurance Agency

AUGUST 20, 2024

Small Insurance Claims Can Raise Premiums Small insurance claims, such as those for minor property damage, may seem like a hassle to deal with. Many policyholders may be tempted to file a claim for every little incident in the belief that their insurance policy will cover all damages.

Insurance Claim 52

Insurance Claim Claim Protection Out-Of-Pocket 52

Property Insurance Centre

SEPTEMBER 25, 2024

Accidental damage is not usually covered by a normal building insurance policy. These can be added to your policy for an additional premium. Exclusions Building insurance policies will have exclusions, which are specific events or circumstances that are not covered by your policy.

Building 52

Building Damage Insurance Insurer 52

Property Insurance Centre

JANUARY 4, 2024

. “Insureds need to be aware of the potential risks they face and work closely with their insurers to understand the coverage limitations and take proactive measures to protect their properties.” To offset these challenges, reinsurers are passing costs down to primary insurance companies.

Property Insurance 52

Property Insurance Commercial Property Liability Premium 52

Freeway Insurance

JANUARY 4, 2024

A low deductible health plan means the policyholder will pay less upfront and out of pocket for certain healthcare items, such as surgery. Most policies outline certain services the insured may access whether their deductible is met or not, such as a visit to the primary care doctor. Read on to learn more.

Deductible 52

Deductible Out-Of-Pocket Insurance Insurer 52

Redbird Agents

NOVEMBER 1, 2023

Clear Communications Binds a Great Customer Experience for Insurance Companies Clear communications is to customer engagement what clean floors are to a grocery store. They want nothing to do with the traditional way of selling insurance policies, which typically involves an in-person meeting or two.

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Agents Building Policy Insurance Carrier 130

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. How to sell life insurance from home?

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Insurance Agent Insurance Agents Agents Broker-Agent 130

Redbird Agents

JUNE 14, 2024

FIA commissions are paid from the insurance company. The additional risk associated with life only payout is that if the annuitant passes away at any time, the insurance company keeps the remaining funds. It’s important to note that fixed indexed annuity commissions are not paid from the customer’s account.

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License Life Insurance Premium Agents 130

Cover4LetProperty

OCTOBER 10, 2022

That is why a buildings insurance and contents policy typically arranged for the owner-occupying homeowner will not cover a property that is being let out either totally or even in part (a room or two in your own home, for instance). What does let property insurance cover offer by way of protection?

Insurance 52

Insurance Insurer Insured Property Insurance 52

Risk Management Monitor

SEPTEMBER 30, 2022

Gather insurance policies and related insurance records. If your policy was destroyed or is lost, contact your insurance company or agent/broker to request a copy. Contact other business partners who may have copies of your insurance policies and records, such as attorneys and accountants.

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Damage Claim Broker-Agent Risk 75