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.

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Brokers’ Service Marketing Group

MARCH 17, 2022

IRC Section 1035 allows Tax-Free Exchanges of life insurance policies in a gain position (i.e. gross cash value greater than adjusted cost basis) so that cash values can be easily transferred to more financially efficient policies.

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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 metrics may be eligible for additional commission bonuses.

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Property Insurance Centre

SEPTEMBER 25, 2024

See what is not covered in terms of events/damage for your policy and think about getting flood insurance or accidental damage insurance if desired. Accidental damage is not usually covered by a normal building insurance policy. – Failure to read particular policy documents. What is Covered?

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Final Expense Brokerage

JUNE 7, 2024

Illustrate the advantages of final expense insurance that might not be covered by their current policy, such as covering funeral expenses, medical bills, and other end-of-life costs. Highlight the benefits of obtaining coverage while healthy, as premiums are usually lower and insurability is guaranteed. I can't afford it."

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Bankers Insurance

SEPTEMBER 6, 2024

There are two main types of life insurance: term life insurance and permanent life insurance. The best policy for you will depend on your unique needs. OPTION 1: TERM LIFE INSURANCE As the name suggests, term life insurance covers you for a specific period of time, or “term,” that you choose.

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Protect Commercial Insurance

OCTOBER 4, 2024

They can be set by central banks and are influenced by several factors, including inflation, economic growth, and monetary policy decisions. Sometimes, changes in global financial markets or government policies can also be catalysts for rate hikes. Here’s how: insurers rely on investment income to keep premiums competitive.

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Wren Insurance Agency

AUGUST 28, 2024

At Wren, because we are protection minded, we always quote our home insurance policies using Replacement Cost Value (also known as RCV) on contents, versus Actual Cash Value (ACV). RCV is equal to the amount it would take to replace your contents at today's prices.

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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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Friendly Agent

DECEMBER 3, 2020

Becoming an insurance agent checks all boxes. Your earning potential is based on insurance policies. In fact i’ll argue that the best way to get into an insurance agency business is by working part time initially. How to become an insurance agent? It is not dependent on the number of hours you work.

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LexisNexis

SEPTEMBER 17, 2024

Read now » Related Content Representations and Warranties Insurance: Fundamentals Get an overview of R&W insurance, including underwriting and the various aspects of claims, coverage, and dispute resolution. Practical Guidance Updates Featuring the latest updates from your Practical Guidance account.

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Wren Insurance Agency

JULY 22, 2024

So… when you first purchase your home, you will have already secured an insurance policy and that amount will be factored into your monthly payments to the mortgage company moving forward. So for example, let's say you have a current homeowner's insurance policy that costs you $2,400 per year.

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

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Redbird Agents

JULY 18, 2024

When it comes to buying insurance of any type, there are a myriad of choices and variables you must wade through to find the policy that works best for you. That’s no different when it comes to final expense insurance, with dozens of options major insurers offer.

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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.

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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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Wren Insurance Agency

AUGUST 7, 2024

When it comes to home and auto insurance - with very few exceptions - did you know that you can change your insurance carrier at any time? Citizens - the State-backed home insurer is one of the only exceptions to this. They will not allow a change to or from their coverage until your current policy's expiration).

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Jackson & Jackson

APRIL 28, 2024

This often happens when trying to save on premiums. How to Avoid It: Regularly review and update your insurance coverage to match the current value of your property and its contents. Ensure your policy covers replacement costs rather than actual cash value, as this accounts for the depreciation of your assets.

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Jackson & Jackson

APRIL 10, 2024

Make sure to understand the specific perils covered by your policy, as not all natural disasters might be included. Liability Insurance Liability insurance is essential for any commercial property owner. Understanding the Claims Process Before signing up for any insurance policy, understand the claims process.

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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?

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Distinguished

JULY 22, 2024

Unfortunately, these unique risks are rarely appropriately covered by standard homeowner insurance policies. Avid collectors who rely on their homeowner’s policy are likely to encounter low coverage limits — if their collectibles are covered at all. For most, this will mean a collectibles policy.

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TGS

OCTOBER 3, 2023

The quote will be based on many factors, including your home’s age, building features, location and size, as well as your insurance score. To feel confident in your policy before you sign, make sure you understand how to read a homeowners insurance quote. How Do You Get a Quote on Home Insurance, and How Long Does it Take?

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Bankers Insurance

MAY 16, 2024

TIPS FOR BUYING HOME INSURANCE For millions of Americans, home insurance remains an essential financial safeguard. These policies can provide critical financial security as homeowners seek to protect their fiscal stability and property. Even among typical homeowners policies, premiums likely increased year over year.

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Shield Insurance Agency

AUGUST 20, 2024

Shield Insurance Blog | Small Insurance Claims | Contact Our Sales Team! Small Insurance Claims Can Raise Premiums Small insurance claims, such as those for minor property damage, may seem like a hassle to deal with. However, filing small insurance claims can have long-term financial consequences.

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Paragon Independent Insurance Agencies

JULY 31, 2024

Our knowledgeable agents at Paragon Independent Insurance Agency in Plano, TX, are here to help. The deductible is one of the most important decisions to make when choosing a homeowners policy. We are here to help you fully understand what a home insurance deductible is and which is best for you.

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Protect Commercial Insurance

SEPTEMBER 6, 2024

In 2024, expect cyber insurance policies to become more comprehensive and tailored. Insurers are likely to offer packages that cover not just the immediate financial repercussions of a breach but also the long-term costs associated with recovery, legal disputes, and regulatory fines.

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Property Insurance Centre

AUGUST 8, 2024

How to get Empty Office Insurance Empty office Insurance If you are a property owner of an office. You will want to make sure you have the right policy in place that will cater for your particular requirements. These may be any/all of the following depending on the policy. How long has the office been empty for?

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Smart Insurance Agents

SEPTEMBER 7, 2024

Adding a dependent to your health insurance usually involves additional costs, reflected in higher premiums for family plans. Open enrollment and special enrollment periods are key times when you can add dependents to your health insurance plan. They can get health coverage under the plan of the policyholder.

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Distinguished

AUGUST 5, 2024

However, if your clients have been lucky enough to come across a rare Illustrator Pikachu Card ( worth over $550,000 ) or a vintage Boba Fett toy ( worth over $500,000 ), they’re going to need an insurance policy that properly covers them. This means a specialized collectibles policy. How Do You Insure a Toy Collection?

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TGS

SEPTEMBER 29, 2023

Electric vehicles can be complex, but when it comes to auto insurance, they’re surprisingly simple. Auto insurance policies are written in the exact same way for gasoline-powered and electric vehicles alike. In short, electric vehicle insurance is just auto insurance! Tell your agent!

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Protect Commercial Insurance

SEPTEMBER 13, 2024

Unlike insurance agents who typically represent the interests of one insurance company, brokers are independent and represent the interests of their clients comparatively. This impartial approach allows them to access a wide array of policies from various insurers, ensuring that businesses can choose from a broad range of options.

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Property Insurance Centre

AUGUST 12, 2024

This policy applies to office blocks or industrial estates during daytime hours, unless we receive a direct report of a fire. This new policy doesn’t apply to all buildings. Review all fire risk assessments. For example, schools, hospitals and many other types are exempt. Read the list of exemptions here, or see it further below.

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Insurance Agency of Ohio

DECEMBER 22, 2020

Then subtract your survivors’ financial resources (step #2) from their financial needs (step #3) to determine how large a policy to buy. For more help in determining the right amount of life insurance, see: How Much Life Insurance Do I Need? Waiver of premium pays the life insurance policy premium for you if you are disabled.

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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.

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ProWriters

APRIL 17, 2024

One key step is making sure clients have adequate coverage options for bodily injury in their Cyber Liability Insurance policies. We at ProWriters can help you understand the risk, explain it to your clients, and secure the Cyber Insurance policies that provide the protection they need.

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Insurance Agency of Ohio

DECEMBER 22, 2020

Term life insurance enables you to match the length of the term policy to the length of the need. For example, if you have young children and want to ensure that there will be funds to pay for their college education, you might buy 20-year term life insurance. You need a large amount of life insurance, but have a limited budget.

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Cover4LetProperty

AUGUST 15, 2022

Just looking at the price alone might tell you very little about the insurance cover and protection offered. Looking carefully through the landlord insurance policy terms and conditions may be the only way that you can make sure that your policy does what you need it to do in terms of helping you protect your livelihood as a landlord.

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