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How Climate Change is Shaping Insurance Policies for Commercial Properties

Protect Commercial Insurance

As we face more frequent and intense extreme weather events, insurers are re-evaluating their policies to better manage these growing risks. Businesses now need to consider how climate change might impact their insurance premiums and coverage.

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10 Factors That Affect Homeowners Insurance Premiums in Florida

TGS

TGS Insurance ยป Blog 10 Factors That Affect Homeowners Insurance Premiums in Florida When it comes to homeowners insurance premiums, several factors come into play, and understanding them can be the key to managing your costs. Coverage Limits The amount of coverage you choose directly affects your premium.

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Understanding Insurance Agent Commissions

Final Expense Brokerage

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 metrics may be eligible for additional commission bonuses.

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Top 10 Objections from Consumers When Presenting Final Expense Life Insurance

Final Expense Brokerage

Emphasize the simplicity and convenience of obtaining final expense insurance with fewer medical requirements compared to traditional life insurance policies. "I Break down the expenses associated with final expense insurance, highlighting that premiums are frequently reasonable and can be customized to suit their situation.

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Impact of Rising Interest Rates on Property Insurance

Protect Commercial Insurance

How Interest Rates Influence Insurance Costs Insurance premiums are sometimes indirectly influenced by interest rates. Hereโ€™s how: insurers rely on investment income to keep premiums competitive. When interest rates rise, the returns on these investments can increase, potentially affecting premium rates.

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Top Building Insurance Pitfalls To Trigger F.O.M.O.

Property Insurance Centre

Accidental damage is not usually covered by a normal building insurance policy. This might seem like an advantage since this saves cost initially, though it might lead to high premium costs later on. – Failure to read particular policy documents. These can be added to your policy for an additional premium.

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Life Insurance 101

Bankers Insurance

Since it provides a death benefit but no cash value, term life insurance is a cost-effective way to protect your beneficiaries for a set period. The term โ€œcash valueโ€ refers to the savings component of a permanent life insurance policy, which represents the policy ownerโ€™s equity in the plan.