Category Archives: Finance Guide

According to the insurance industry, 3% to 10% of all insurance claims could be fraudulent. Many reports also report exaggeration. For example, if someone steals a TV, they will often hide their computer and radio and include it to the report. These are usually people who want to make a quick buck, or have been forced to […]

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 […]

Sometimes, mortgage unemployment insurance is also known as job-loss mortgage insurance. Mortgage insurance, also known as credit life, is available to those who have had the opportunity to buy homes. This insurance provides protection for the buyer in case of death. In this case, the mortgage will be paid off. In the event that we lose our job, we […]

People don’t pay much attention to their car insurance. They simply renew their current insurer when it comes time for renewal. You might end up paying more for your car insurance if you don’t shop around. If you don’t read the fine print on your policy you may not be covered at all. These facts and tricks […]

“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 […]