The question is: how long must agents keep records of insurance transactions? In general, agents should keep any records associated with an insurance transaction for at least five years. After that, these records can be audited by the commissioner at any time. With regards to a motor vehicle liability policy, it is required by law … Read more
Do you also ask yourself: how would the insurance industry use business intelligence? Traditionally, this particular industry only relies on actuarial science. This is a field of discipline that utilizes data analytics and models in predicting risks. This was first created in the 1600s, along with the first life insurance policy and pension fund. For … Read more
Many are curious why cant military get gap insurance. Unfortunately, a few amendments in the Military Lending Act have been passed to inhibit military members and their dependents from obtaining some credit services.; one of which is gap insurance. But these amendments are repealed so you can obtain that gap insurance. So in case an … Read more
Do you want to find out what insurance does Costco Pharmacy accept? Costco Pharmacy accepts most insurance plans, and these also differ depending on where the branch is located. Health insurance plans are important because when you get into an accident or find yourself with a very serious health issue, these could cover the unexpectedly … Read more
Do you know what is an insurance guarantor? An insurance guarantor is responsible for fulfilling an agreement of one party to another; most of the time, they are involved in loan agreements or insurance contracts. In the context of a loan, an insurance guarantor promises that a loan would be paid for. If the borrower … Read more
Are you wondering who is the policyholder of the insurance? Then, you have come to the right place. When we say policyholder, it is the person who acquired the insurance policy and held the authority to exercise the rights stated in the insurance contract. Most often than not, the policyholder is the one insured or … Read more
If you are planning for your insurance payment schedule, then you should know what does semi-monthly mean for insurance. After you have decided on the amount of coverage you need, the insurance provider, and your beneficiary, you should decide how often you will pay for your insurance premiums. So, if you agree to a semi-monthly … Read more
Are you wondering how to cancel flood insurance? If storm and heavy rain are usual visitors in your area, flood insurance will help your property recover from the damages caused by the flood, and you and your family will also be safe and secured. But there are times that you will need to cancel your … Read more
Do you wonder what is exposure in insurance? Simply put, exposure is the inclination to risk of an individual in their everyday lives. If the insurance company is about to write a policy that will cover an insured, it will look into the extent of exposure that it will be opening to. In other words, … Read more
Are you wondering what is master policy in health insurance? When we say a master policy, it is a health insurance contract that is issued for a particular policyholder which is a combination of various policies. In essence, a master policy combines different health insurance policies into one rather than issuing separate policies for every … Read more
Most people wouldn’t mind acquiring insurance for themselves, but what is one cost of avoiding insurance. It feels good to save money and it is great to do it by having insurance. However, it is comparable to having a diet without exercise if you want to reduce coverage or avoid it. In essence, you are … Read more
The question is: what are industrial insurance? All businesses from any industry, including telecommunications, manufacturing, gas, and oil, face several risks daily. However, the risk to every industry is unique. Luckily, you can get comprehensive coverage that is unique to the specific risks of your business. You can get help from insurance agents to make … Read more
Are you wondering how to talk to insurance adjuster? Don’t worry my friends; in this article, we’ll teach you five tips that I’m sure are effective. Well, there might be some accident that happened along the road when you were going to your destination, so the focus that you should directly go to is on … Read more
As a growing individual, you might be asking yourself, “How to negotiate with an insurance adjuster?” Thankfully, this article will be discussing that topic thoroughly. You may need to take down some notes regarding this one. There are 5 typical steps that you can do in building rapport with your insurance adjuster. You should first arrange a … Read more
You may be wondering, dear beautiful lady, “Why women need life insurance?” All people, including women, should have their life insurances at hand during unlikely situations. Thankfully, this article will be discussing that topic for you. Women should have life insurance plans for the following reasons: effective for women, offers financial freedom, saves your future, pays … Read more
As you might have known already, general liability insurance is devised to cover main things, including bodily injury and property damage, but what is defamation in insurance. When we say defamation, it is the act of making a statement that is not true, which can harm the reputation of a business or person. Anyway, this … Read more
It’s good that you stopped by in this post because we will be teaching you how to sell mortgage protection insurance. When you buy a new house, you quickly realize that it can take you into a tremendous liability. This would be disastrous if your family cannot pay anymore after you died. The good thing … Read more
Disability insurance is of utmost importance; knowing what are some of the differences between individual and group disability income insurance plans is likewise essential. Well, you will know its two significant differences as you read further. Some would further acquire individual insurance to protect themselves and their families because group insurance has some drawbacks. There … Read more
Are you also curious if which city is nicknamed the insurance capital of the world, then do not worry because you are just about to know it? In this post, we will introduce you to Hartford, the world’s insurance capital. Hartford is Connecticut’s capital city. It got its nickname since it houses a lot of … Read more
In what circumstance would a property insurance claim be rejected? There are many circumstances that insurance will become void. One of which is applying the claim promptly. Have you ever experienced having your insurance claims denied because you have broken the policy? Or you might haven’t read the whole policy of your insurance? Or getting … Read more