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Common Myths and Misconceptions About Final Expense Insurance: A Guide for Agents

Final Expense Brokerage

Starting earlier can give you peace of mind and lower premiums, so you’re covered regardless of what life brings.” Nov 30, 2024 11:23:52 AM Contact Us Share: Enhance client discussions by addressing the most common final expense misconceptions. They may think that because they’re in good health, they don’t need this type of insurance.

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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. Here’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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Comparing Medicare Supplement Plans: Choosing the Right Coverage

Smart Insurance Agents

It’s important to compare Medicare Supplement plans to understand coverage, out-of-pocket costs, and how individual plans vary by insurance company and state regulations. Even though the coverage is similar, like Plan G from one company being the same as Plan G from another, the premiums can be different.

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JIF 2024: What’s In a Name? When It Comes to Legal System Abuse, A Lot

Triple-I: Homeowners Insurance

With her reference to “investors,” Rangaswami took aim at a little-known, rapidly growing practice called third-party litigation funding (TPLF), in which investors with no stake beyond potential profit step in to fund lawsuits against corporate entities perceived as having deep pockets. Clear communication is key, the participants agreed.

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How to Read Homeowners Insurance Quotes

TGS

Quotes that are ready quickly are usually based on a small subset of information, then the initial baseline quote is refined during the underwriting process. A lot of factors go into calculating your home insurance premium. Total Premium 11. It can take up to a few days to get your quote, depending on the carrier or agency.

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South Carolina Wind Pool Insurance Explained

TGS

The South Carolina Wind and Hail Underwriting Association, also known as Wind Pool, is an association of insurance providers. The South Carolina Wind and Hail Underwriting Association has an eligibility checker. In South Carolina, if you have a loan out on your home, you must have either wind and hail coverage or names storm coverage.

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7 Proven Techniques for Closing Insurance Sales Successfully

Word & Brown

If carrier A has a plan that includes a similar network, but the premiums are lower, it’s okay to sell based on cost. Tell them how you have helped others save on their employee benefits or reduce workers’ out-of-pocket costs. Ask questions, so you can find out what’s most important to the employer or benefits manager.