Annuitization refers to the equitable distribution of principal and interest over a set period. Annuitization has a distinct advantage because the tax-favored disbursements offer a tax-favored benefit. The tax-favorable status is not applicable to situations in which funds are scarce. Nearly all annuity contracts allow for annuitization. The contract owner decides how the funds will be received when […]
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Auto Insurance The State of Arkansas began tracking registered motor vehicles within the state in 1997 with the help of their vehicle liability insurance. This means that Arkansas’ vehicle identification number (VIN), must match the insurance policy on the States Office of Motor Vehicle database. The state requires that all vehicles registered in Arkansas have minimum liability […]
You will need E andO and D andO and Tech and Privacy Breach E andO insurance if you are a private, government, or public entity. E and O insurance, also known as Errors & Omissions insurance, covers both the service you provide and the representations your employees make to customers. D and O (also known as Directors […]
Different risks in insurance service are covered by terms and conditions in Insurance Policies. In the event of claims arising they are managed or settled accordingly. Auditing the underwriting, policy management, and claims management procedures is a common practice. To ensure that the organization follows healthy practices. It is not a good idea to audit every record because […]
This article will provide a brief overview of some of the potential title insurance issues that you might encounter in a loan transaction. It also includes procedures that could be used to deal with title insurance coverage, or general processing and closing of loans transactions. This article is intended to highlight some steps that should be […]
As Underwriters discover how austerity measures by the Government will have adisproportionate impact on UK employment patterns, Income Protection Insurance and Mortgage Payment Protection Insurance will be more expensive. The monthly Office for National Statistics figure for those ‘unemployed’ and claiming benefits is not the only factor that affects the price of Income Protection Insurance […]
“You cannot fight the city hall!” Or, in this instance, the Insurance Industry. There was an old saying, “You cannot fight City Hall.” Similar perceptions exist when it comes the insurance industry. Many people believe the insurance industry cannot be touched and that disputing a claim will prove difficult. But that’s not the problem. It is about trying to win! It […]
Do you remember the story of the Emperor wearing new clothes? The Emperor claimed that he was wearing the best clothes and was therefore sheltered from the elements, which he did in the eyes of his loyal subjects. It was a simple observation by a small boy that brought the empire to life. Many organizations believe they are […]
Electric Insurance, a Massachusetts-based company, was established in 1966 to offer insurance to General Electric employees. It began offering its services and products to all customers later. Electric Insurance is available in all 50 states as well as Puerto Rico. It offers a variety of insurance options and coverage options. There are also special perks for employees at General […]
Encompass Insurance is a specialist in home and auto insurance. The carrier was founded in 1897 and was acquired by Allstate in 1999, thereby becoming the insurance company you know today. Encompass homeowners and auto insurance is offered through 2600 agents across the country. Encompass auto insurance is available to anyone who lives in any of the following states: Alaska, Hawaii, Massachusetts. […]