Category Archives: Finance Guide

CONTRACTORS MUST BE AWARE OF PREMIUM AUDITS. Contractors are often subject to premium audits by insurance companies for workers compensation, general liability, and sometimes even for builders risk. All types of contractors are affected, including plumbing contractors and heating ventilation and air conditioner (HVAC), contractors, electricians, drywall contractors and roofing contractors. A premium audit involves a review […]

1. Failure to market your business effectively This is obvious, or so we thought. We find that 90-95% of the Insurance agents we talk to aren’t marketing at the right level, or aren’t marketing at all. Many agents live in comfort zones, where they rely on referrals that they happen to stumble upon. Although most agents believe they are […]

Caveat Emptor – Buyer beware! It is difficult to stay informed about insurance because there are so many insurance companies and different types of coverage. The modern business climate can make it even more difficult. You are likely to be familiar with the companies that you call for quotes if you are looking for insurance coverage for […]

Most people understand why they need to insure the primary residence and vehicles they drive. Many people don’t realize how important moving insurance is when it comes to protecting their goods while they are in transit to their new destination. I’ll try to address the main concerns and answer most of the questions. Many people believe they […]

You might be afraid to become unemployed, or you may want Income Protection Insurance. If so, you should take note of these five things that they won’t tell you (or may ignore) when you buy an income insurance policy. 1. Exclusion Period Nearly all policies include a clause that excludes unemployment claims for 120 days or […]

Over the last few years, much has been written on critical illness (CI), products. These articles have highlighted both the negatives as well as the positive aspects of this complicated type insurance coverage. Research shows that there is a lack trust in certain claim processes and procedures. Worse, insurers are not willing to pay expensive claims if they […]

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 […]

Before purchasing an individual health plan from either your employer or independently, there are a number of important questions you need to ask yourself before making your choice. Your coverage should meet the needs of you and your loved ones and have an affordable monthly premium. Understanding what the policy covers and costs is also […]

Health insurance provides essential financial protection against planned and unexpected medical care needs. Find an option that meets both your budget and needs. Your income-dependent coverage options for Medicaid and Child Health Plus could include either selecting a private plan from the Marketplace, or applying for public coverage such as Child Health Plus through Medicaid. […]

When renting a car, car rental companies usually ask whether you want to purchase insurance through them. Although purchasing this policy might seem beneficial, it’s also essential that you understand exactly what coverage it provides. Your personal auto insurance should typically provide cover for rental cars; however, there may be exceptions. Liability Coverage Renting a […]