Category Archives: Finance Guide

No Fault Insurance in Ontario

The Liberal Government of Ontario created the first legally mandated no-fault auto insurance system in 1989. The legislation was in effect from mid-1990. The legislation became effective in mid-1990. This article will give a quick overview of the Ontario’s initial fault system, the no-fault Ontario system, as well as a summary and comparison of the […]

How Many Times Should You Follow Up Before Giving Up Your Insurance Prospects?

Insurance agents, just like any other type of business, often dream to close a deal upon meeting with their prospects for the first. However, only 2 percent of sales happen during the first sales interview. Two percent of people who buy at the first meeting are already aware of what they are looking for. They only need […]

Auto Insurance Policy, Coverage and Cost Disparities – What You Must Know Before Buying

There may be vast differences between auto insurance quotes and the current market for auto insurance policies. You can quickly search your preferred search engine for “auto” or “insurance”, and you will see a variety of coverages, rates and options. There are literally countless options available to choose from, so how do you select the […]

Insurance Agents – Get Your Insured Clients Paid on Their Personal Property Claims Faster!

Many people who purchase insurance through an agent don’t realize that most agents truly care about their customers. Over the past twenty-five years, I’ve seen one of the biggest problems in my experience working on the claims side insurance. Agents can lose touch with their personal touch when they grow. I’ve seen many brave agents […]

Premiums on Car Insurance

Insurance companies do not consider the high-performance cars of those who own them when determining cost of coverage. High-Performance cars often require more maintenance and have higher repair costs. It all depends on where you live, but high-performance vehicle coverage can run up to $10,000 annually. Therefore, it is worth shopping around for the best […]

The Challenges Faced by a Mutual Fund Agent

The mutual fund industry is at an all-time high. According to a report from the Association of Mutual Funds of India, the industry experienced a 31% compounded annually growth rate (CAGR), between 2014-2018. This shows that the household’s share of net financial assets has increased by a whopping 21%. From 3% to 6 percent. Between 3% and 6%. The […]

Disability Insurance Selling – Unwrap These Five Gifts Before It’s Too Late!

Now is the right time to unlock your potential as an insurance broker who has not been thriving in the disability market. These five valuable gifts will help you get started. Gift #1 – Lackluster CompetitionSelling disability insurance (DI) is a difficult task for most agents. They aren’t comfortable with the product, and they fear that they […]

Car Insurance Increase

Only the UK has increased coverage for car insurance. The USA is currently increasing their insurance rates. Although home insurance is declining in the UK, car coverage is rising. Recently the “AA’s British Insurance Premium Index” exposed new discoveries that over a few months the standard “cost of annual full comprehensive” policies reached a soaring […]