In the state of Utah, all insurance agents must obtain a license in order to sell insurance products. The process to obtain an insurance license in Utah is not overly complicated, but there are a few steps that must be followed. Here is a brief overview of how to obtain an insurance license in Utah: […]
Category Archives: Finance Guide
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Oct
Oct
Texas has more than 13,000,000 licensed drivers. This is the second-highest number of drivers on Texas’ roads, after California. It’s no surprise that many Texas drivers speed off the roads. Speeding tickets can result in more than a fine and missed work day. Texas drivers who receive speeding tickets or other traffic citations can increase their car insurance premiums. […]
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Oct
Oct
Introduction If you’re like most people, you probably haven’t had to file an insurance claim in years. And if you have, it’s likely been for something small, like a fender bender. But what happens when you have a more serious issue, like water damage from a burst pipe? You may be surprised to find that […]
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Oct
Oct
The IRS does not audit health insurance. However, they may audit your taxes if you claim a deduction for health insurance premiums. If you are self-employed and have health insurance, you can deduct the cost of your premiums on your taxes. How often does the IRS audit health insurance? The IRS does not release statistics […]
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Oct
Oct
The IRS has announced that it will still accept tax returns without health insurance, despite the new requirement under the Affordable Care Act. This is good news for those who are still trying to obtain coverage, or who are exempt from the requirement. What is the IRS? The Internal Revenue Service (IRS) is the federal […]
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Oct
Oct
The answer to this question is unfortunately, no. Despite many people’s best efforts, no one has yet been able to win a case for Diminish Value with the Insurance Commissioner. This is because the Commissioner does not have the authority to award damages for Diminish Value. Only a court can do that. And so far, […]
26
Oct
Oct
When you buy an insurance policy, you’re essentially buying peace of mind. The policyholder can rest assured that if something unexpected happens, the company will cover them for a set period of time – usually up to a year. But what is the grace period for policies? What is an Insurance Policy’s Grace Period? An […]
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Oct
Oct
Introduction Have you ever wondered when insurance companies send out renewal letters for your health, auto, or home policy? The answer may be sooner than you think. For most insurance companies, the renewal process begins about 45 days before your coverage is set to expire. That’s when the insurance company will send you a notice […]
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Oct
Oct
When it comes to life insurance, the biggest decision you’ll make is whether or not you want to purchase a policy with a downpayment. Downpayments can be helpful in lowering your monthly premiums, but they come with a few important caveats. In this article, we’ll explore what downpayments on life insurance policies actually entail and […]
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Oct
Oct
There are a lot of factors to consider when choosing a health insurance provider. You want to find a provider that offers the coverage you need at a price you can afford. You also want to make sure the provider is reputable and has a good track record. Thankfully, there are a few things you […]