Search Results for: insurance

Streamlining Insurance Collections With HIPAA Electronic Transactions

The primary way to increase revenue and cash flow is to reduce the time it takes to collect payments. HIPAA electronic transactions can greatly streamline the insurance collection process. Electronic Submission (837 Professional & Institutional) versus US Mail. It is common to submit claims electronically, but it is important that you highlight the efficiency of electronic […]

10 Ways You Benefit from Unemployment Insurance

Massachusetts workers who are temporarily unemployed due to no fault of their own can receive benefits from unemployment insurance (UI). Workers who have lost their jobs and are now able to work and available to find work can get unemployment insurance. 1.) A weekly check is one of the individual benefits that an individual receives from unemployment […]

Insurance Law – An Indian Perspective

INTRODUCTION “Insurance should always be purchased to protect against financial disasters.” Insurance allows someone to get compensation for their loss or accident. Insurance allows you to protect your financial, health and financial well-being from everyday threats. In India, insurance was established in 19th century without regulation. It was typical of colonial times: there were few British-owned insurance […]

Fire Insurance Under Indian Insurance Law

When a person seeks insurance protection, he enters into a contract to insure him against property loss or damage by fire, lightening, explosion, or other incidental events. This contract is principally a contract, and is therefore governed by the general laws of contract. It does have some special features that are common in insurance transactions such as […]

Insurance Appraisal Process – A Policyholder’s Best Chance to Resolve an Insurance Claim Dispute!

Many homeowners and business owners disagree with the insurance company’s assessment of their insurance claims. Most people don’t know that they can challenge the findings of their insurance company through the insurance appraisal process. They won’t change despite the fact that you (the policyholder) have submitted a contractor’s estimate and receipts for repair or material materials. Many […]

Japan’s Insurance Industry

Japan’s insurance industry grew like the rest of Japan’s economy during the 1980’s and first half of the 90’s. Japan’s insurance companies began to look abroad for investment because of the sheer volume of their premium income and asset creation, which was sometimes comparable to even the most powerful U.S.A. Analysts around the globe have been examining […]

Virginia Car Insurance Laws

It is essential to have Virginia car insurance. Data from the Virginia Department of Motor Vehicles (DMV), showed that 180 people were hurt in car accidents in the state in 2019. In Virginia, there were 827 deaths in that same year. Virginia drivers must have car insurance to drive legally. It doesn’t matter how many times you drive or how old […]

Secrets to Passing the California Insurance License Exam

California, like most States, requires you to pass a government-mandated license exam before you can sell insurance. You must also complete 52 hours of prelicense training. Thankfully, this can be done online. You will need to pass separate license exams and take separate training courses in order to sell property and casualty insurance. This is different from […]

The Four Fundamentals of Starting an Insurance Agency

Being an independent agent for insurance can be rewarding, thrilling and lucrative. Insurance is a relationship-based business. It’s satisfying to protect individuals, families, and businesses from certain calamities in life. It can be very lucrative to sell insurance. You can build residual wealth by recruiting associate agents and offer income opportunities to other people. The freedom and flexibility are […]