Category Archives: Finance Guide

An insurance agent’s brand is crucial for one simple reason: Referrals are what make or break a company. Your brand is your identity. It’s who you are and what you stand for. You can learn a lot about your client’s Brand by listening to what they have to say. Some people think that Brand is the logo […]

Targeting the Right Crowd Do you feel the fear of rejection when you try to recruit people to your downline?Have you ever felt like there was a secret to your success in recruiting? It should come as no surprise that there have been! Most likely, you don’t feel comfortable using your computer to market online. You’re […]

Florida is the most expensive state for car insurance.Bankrate’s 2021 study on annual premiums found that the average Miami driver pays $3,314 annually for full coverage insurance, and $1,544 annually for minimal coverage insurance.Florida is one of the most expensive places to purchase car insurance. This may not be surprising considering the state’s extreme weather […]

Homeowners insurance provides coverage against damage from fire, theft and other hazards to both your house and belongings, as well as providing personal liability protection and medical payments if anyone on your property becomes injured. It also offers personal liability protection and medical payments if anyone sustains injuries during their visit to your property. Geico […]

Before there were Blue Cross or WellPoint plans, a group of Dallas school teachers agreed to prepay hospital care at a monthly cost of 50 cents each – which many consider the first modern healthcare insurance plan. Together with new tax laws that made employer-sponsored insurance nontaxable, this led to an explosion of commercial health […]

Car insurance premiums have increased steadily, particularly for new vehicles. This trend stems from higher repair and replacement costs as well as more claims. No matter the vehicle they drive, drivers need to ensure they have enough coverage in place in order to legally navigate on the roads. This includes state minimum liability coverage as […]

Doctors need life insurance as an important safeguard for their families in case of unexpected death, and purchasing it early can help secure the best rates and policies available. Common advice suggests having coverage equal to 10-15 times your income. Both term and whole life policies can be suitable, depending on individual needs and circumstances. […]

A health insurance policy’s Entire Contract Clause stipulates that insurers must attach a copy of an applicant’s application as part of the policy document itself in order to maintain clarity and ensure transparency for both parties involved, and ensure all information from an application form is also reflected within it. Coverage Limits Coverage limits represent […]

Insurance companies generate revenue by accepting financial risk in exchange for premium payments, using statistical principles such as law of large numbers and risk pooling to limit losses and minimize their exposure. Insurance carriers evaluate applicant data such as age, location and risk history to establish premium rates. They often rely on advanced techniques like […]

Kentucky residents have access to various health insurance plans with affordable premiums and lower deductibles, some even covering additional services such as eye care or dental treatments. Kentucky employers must offer Affordable Care Act-compliant health care plans to employees. Employers may qualify for a small business tax credit to help offset some of their premium […]