Category Archives: Finance Guide

3 Myths About SaaS Insurance Software Solutions

Cloud computing provides the ability to access the cloud and run selected solutions via an on-demand platform. This approach combines industry-leading security with significant innovation in virtualization and rapid deployment to simplify business operations and improve business profitability. SaaS/Cloud platforms have no need to be installed or purchase additional hardware. This offers many additional benefits such as reducing […]

What is Deductible in Health Insurance? A Clear Look

What is a Health Insurance Deductible (or Health Insurance Deductible)? An insurance deductible (or health insurance deductible) is an amount that an insured person must pay from their own pocket each year to receive eligible healthcare services. This prevents the plan from paying any benefits. The amount of your deductible will vary depending on which […]

Recorded Statement – Do I Have to Give One After a Car Accident?

Recorded statements are a guarantee step in the claim investigative process. Insurance adjusters will call you to request your statements about the accident. Many people believe they are required to provide these statements in order for insurance companies to cover the loss. While most insurance companies include Cooperation Clauses within their policies, they cannot require […]

Motor Insurance Policies

Motor Insurance Policies can be broadly divided into three types: Comprehensive insurance; Third Party Fire and Theft Insurance; and Third Party Insurance Only. Comprehensive Insurance Although it is the most comprehensive type of car insurance available, the name “comprehensive” can be misleading. The Comprehensive Motor Policy will protect the Insured from any loss or damage […]