ACORD’s Certificate and Evidence of Insurance forms, which were made effective in late 2009/early 2010, have caused alarm among both insurance certificate holders and those who must provide them. Insurers no longer promise to notify certificate holders if policies are cancelled unless they issue endorsements in writing to their policies, which is highly unlikely. The old certificate […]
Category Archives: Finance Guide
16
May
May
Are you struggling to afford health insurance? Do you worry about what would happen if you got sick or injured, but don’t think you qualify for any assistance? The good news is that many states offer State Insurance programs to provide coverage for those who may not be able to afford traditional insurance. In this […]
16
May
May
The 21st century will see steadily decreasing interest rates. The benchmark US federal funds rate was 6% at the start of 2000. It stood at 0.09% as of December 2020. The Federal Reserve, which sets monetary policy in the United States of America, states that rates will stay close to zero until at least 2023.The fed funds rate […]
16
May
May
Risk Management Alternate risk transfer is another way to say alternative methods of insurance or risk management. There are many. There are many options available, from self-insuring to the more basic option of not having insurance at all to “program business captives”, and there are many other strategies. It is important to know a few facts […]
16
May
May
Are you looking for a fulfilling career in the insurance industry? Pacific Life Insurance Company may be the answer you’ve been searching for! With over 150 years of experience, Pacific Life has established itself as a trusted leader in providing financial solutions to individuals and businesses. In this blog post, we’ll dive into the history […]
16
May
May
Alexandria, Virginia has an average cost of car insurance that is $543 for basic coverage and $1,398 full coverage. Based on data from Drivewise, Allstate’s report America’s Best Drivers ranked Alexandria at the bottom of safe drivers. Alexandria drivers were amongst the worst in the nation and 69.9% higher likely to be involved in a crash. According to the report, Alexandrian drivers file […]
16
May
May
Now you have a beautiful new home. And with it, a wonderful new mortgage. The average mortgage loan is around PS150,000. This means that you will need to make a long-term commitment and repay the money. Repayments take a significant portion of your monthly income. How can you protect yourself from financial disasters? You have a family to […]
16
May
May
Have you ever looked at your insurance card and wondered what all those letters and numbers mean? One of the most important ones to understand is PCN. Short for Plan/Network Code, this number plays a crucial role in ensuring that you receive the benefits you are entitled to under your insurance plan. In this blog […]
16
May
May
Tax season is over. Now, many business owners are anxious about the future and waiting to see if an audit might be in their future. Businesses that have used a form or self-insurance called captive insurance might feel more nervous, particularly with some commentators misleadingly stating that captives are nothing but abusive tax shelters perpetrated […]
16
May
May
Single parents can have a lot on their plates. Although car insurance may not be on your mind, it is important to take the time to understand your needs. Single moms and fathers need car insurance. While price is important, the best policy may not be the most affordable. You might be able to find the coverage that […]