Category Archives: Finance Guide

As the coronavirus pandemic reshapes travel plans, many clients are wondering about various forms of coverage available to them. While every policy varies, most comprehensive policies cover trip cancellation, lost baggage and medical/health costs. Some insurance providers may provide concurrent coverage with your homeowners, car or health policies; others even offer flight accident and accidental […]

Medical expenses can become extremely costly without adequate insurance, or without a plan in place to pay them off. Many hospitals provide financial aid or charity care programs. Under EMTALA, hospitals must treat anyone who arrives at an emergency room regardless of their ability to pay; however, repeated trips can quickly add up and create […]

Opening up your business to foreign buyers can bring increased revenues while simultaneously creating risks. Thankfully, however, you can protect yourself by purchasing export credit insurance to offset these risks. ECI provides coverage against various commercial and political risks that could result in nonpayment, including buyer insolvency, bankruptcy, protracted defaults and changes in import/export regulations. […]

Under the Affordable Care Act (ACA), children can remain covered under their parents’ health insurance plans until age 26 regardless of whether it comes from either an employer plan or marketplace plan. Know how much double coverage will cost before making this decision; generally speaking, retaining double coverage will result in higher premiums. Age Age […]

Hiscox provides a broad selection of business insurance policies tailored to specific industries. Their experienced agents specialize in small businesses in those industries to offer competitive rates. Hiscox provides short-term liability through Thimble, making them suitable for projects which do not need an annual policy. They also offer business property, directors and officers insurance and […]

When dealing with car insurance companies, it is critical that you understand how they value your vehicle. Insurance adjusters typically use actual cash value (ACV) as the benchmark when making reimbursement payments following loss or theft of an insured car. An ACV takes into account depreciation due to wear and tear and age of your […]

Health insurance provides coverage for doctor visits, hospital stays, prescription costs and preexisting conditions as well. Monthly premiums typically are paid through employers or the government. Get the plan that’s best suited for you and your family by understanding how various plans work – premiums, deductibles, copayments and coinsurance all play an integral part. Health […]

Indexed universal life (IUL) policies differ from traditional whole life policies in that they allow cash value accumulation tax-deferred. Their accumulation is determined by market index performance rather than contractual guarantees, so IUL policies provide tax benefits while offering potential cash accumulation benefits. Clients tend to embrace IUL when properly explained and illustrated; however, many […]

A combination of motivational words and inspiring words will make it easier for insurance sales to be successful. If you don’t have the ability to inspire and motivate your prospects, they will hesitate to make a purchase. Learn how to create compelling insurance presentations that are not just copied but written from the original. COMPARISON TO a […]

If you itemize, premiums, copayments and certain other expenses may be deductible. You may be eligible to deduct Medicare costs such as copayments or premiums if you itemize your income taxes. Unreimbursed medical or dental expenses may be deductible if they exceed 7.5% your adjusted gross income. Part A premiums can be deducted under certain circumstances. […]