Category Archives: Finance Guide

When medical claims are submitted to an insurance company, they must first go through a clearinghouse. This helps standardize and screen claims before submission in order to reduce errors and rejections. Insurance companies use adjudication to assess medical claims, which is when they determine if and how much compensation should be granted back. Internal Appeal […]

Umbrella insurance can protect your assets from financial ruin by covering costs that exceed the limits on other policies, as well as incidents not covered by standard homeowners and auto policies such as slander or libel suits. Think of umbrella liability coverage as extra liability protection that extends beyond auto, home and boat policies. It’s […]

Outside the Marketplace, purchasing health insurance year-round may save money through premium tax credits or other savings measures tied to income. New York Medicaid or Children’s Health Insurance Program can also be enrolled in at any time if eligible for a Special Enrollment Period. What is the Marketplace? The Health Insurance Marketplace is an essential […]

Long-term care insurance provides peace of mind against costly long-term care bills; however, many insurers will deny claims due to ineligible criteria or poor plans of care drafted. Ensuring the claim filing process runs smoothly takes skill and precision; an attorney or claim filing service that specializes in this policy area may be invaluable assistance. […]

Walmart’s controversial practice of taking out life insurance policies on rank-and-file employees and making themselves the beneficiaries has received an unexpected setback from a federal appeals court. They reinstated an estate of a deceased greeter’s claim against the company that it unlawfully stole her rightful share. What are the Benefits? Walmart employees can take advantage […]

Retention has several meanings within an organization’s context. It could refer to their ability to retain customers or employees; alternatively it can mean the rate at which claims are settled by them. Retention insurance allows businesses to manage their insurance costs more easily by shouldering some of the risk themselves, though careful consideration must be […]

Homeowners insurance rates can differ significantly between insurers. By comparing quotes and opting for the right deductible plan, it may help you to find an optimal home insurance premium rate. Your credit can have an effect on your insurance rates as many insurers use homeowners’ credit scores to assess risk and set rates accordingly. Coverage […]

Every salesperson or agent dreams of becoming a millionaire. One individual was able to become a multi-millionaire insurance salesperson. Half of the insurance agents who are recruited make less than $50,000 before they can start a business. How do you make a million bucks? Particularly if your job involves selling insurance. It wasn’t by working 70 hours per week. I […]

Car insurance is essential for being a safe driver as well as protecting your finances in the event you are involved in an accident. Your agent might ask about your PIP coverage if you are looking to purchase a policy or file a claim. Your Massachusetts auto insurance policy must include personal injury protection or PIP insurance. Here’s a quick […]

The Equitable Life Assurance Society of the United States was established in 1859. AXA acquired Equitable Life Assurance Society in 1991. In 2004, the company was renamed AXA Equitable Life Insurance Company. Equitable was officially rebranded by AXA in 2020 after it diverged from AXA. Equitable has been a pillar in the American life insurance industry for many […]