Offering mortgage insurance is one of the most popular marketing strategies that insurance agencies and companies use to help their agents make money quickly. Mortgage insurance should, in theory, be a simple sale for insurance agents. There are few people today who don’t have large mortgages on their homes. This is the most significant monthly expense for families […]
Category Archives: Finance Guide
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Apr
Apr
“The insured is our enemy; depreciation our friend.” On the first day of class at the most prestigious school of insurance in the country, a student wrote this phrase on the chalkboard. Everything was erased by the instructor at the end each day except for that phrase. Many insurance holders who have legitimate claims and are honest and […]
Finance Guide
10 Insurance LinkedIn Groups – 100,000 Clients Waiting For Your Business Communication Skills
03
Apr
Apr
Imagine 100,000 potential clients eager to hear about your communication skills in the insurance industry. You can connect with many clients by joining 10 LinkedIn Groups. A list of 100,000 potential prospects and suspects would cost $70,000 if you bought it at $70/thousand. This list also includes the complete personal and business files of each member, along […]
03
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Apr
We compiled this list in the spirit of Thanksgiving. It includes 10 reasons to be thankful for your insurance career. It can be easy to forget how great this industry is, even if it’s your only one. 10. Wonderful Vacation Time Prior to working in insurance, I used to get one to two weeks off each year. Insurance […]
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Apr
American culture assigns the car we drive as a part of our personality. It defines our values, our style and, to a certain extent, our eccentricities. It’s why Corvette owners make friendly gestures to one another and why everyone wants to take a closer look at the Hummer driver. The car we drive determines how much car […]
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Apr
You will likely be asked to show proof of Public Liability Insurance if you plan on providing mobile disco services. Public hire and hotel venues can determine the amount of indemnity needed. It’s worth researching the area where you intend to provide service to get an idea of the ‘PLI’ required. Although “PLI” is not […]
03
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Apr
Title insurance provides a guarantee that the title your lender holds on a property is free from liens or other title cloud. Let’s first define “title” and not “deed”. Each document establishes ownership in a different way. The property deed holder is the nominal owner and can live there, rent it, add or modify structures, etc. They are […]
Finance Guide
Unfair Claims Practices – Has Your Insurance Company Or Adjuster Handled Your Claim Unlawfully?
03
Apr
Apr
Unfair Claims Practices Insurers refused to pay thousands of claims following Hurricanes Rita and Katrina. This was a clear example of Unfair Claims Practices. Unfair Claims Practices are not limited to hurricane losses. Insurance companies denial and delay claims quite often. What should you do if your insurance company is slow to settle your claim? What can you […]
03
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Apr
Are you sending cold hard cash through the mail? Maybe it’s a birthday gift for your niece, or perhaps it’s payment for a service. Whatever the reason, you may be wondering if that cash is protected in case something goes wrong during transit. Can you insure cash in the mail? The answer isn’t as straightforward […]
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Apr
Credit unions differ from banks in that they aren’t insured by the FDIC; instead, their protection falls to another entity: The National Credit Union Administration (NCUA). NCUA insurance covers accounts of up to $250,000 per account owner across checking, savings and money market accounts; traditional and Roth IRAs as well as Keogh retirement accounts are […]