Search Results for: insurance

Documenting Insurance Claims – A Very Good Idea

“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 […]

What is Title Insurance and Why Do I Need It?

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 […]

Unfair Claims Practices – Has Your Insurance Company Or Adjuster Handled Your Claim Unlawfully?

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 […]

Understanding Different Types of Insurances For Business Owners

It is crucial to plan ahead when starting a business. This includes taking steps to protect your business’ assets. Insurance should be part of your business start-up plan. Insurance allows a business owner prevent or reduce foreseeable/unforeseeable losses; however, there are many forms of insurance to choose from. Different types of insurance offer different benefits. It is important that you, […]

10 Insurance Agency Online Marketing Ideas For Agents & Brokers

It can be difficult to start an internet marketing campaign, or improve an existing one. What should insurance agencies focus on and where should they start? These are 10 amazing online ideas that will help you agency increase your online marketing efforts. 1. Blog and Vlog Blogging is an excellent way to show your expertise and to attract […]

Insurance Basics Part IV – Unit Linked Insurance Plan – ULIP

Before you make the leap, it is important to understand the cost structure for Unit Linked Insurance Plans. 40-year-old investor was unhappy with his investments in UnitLinked Insurance Plan ( ULIP). After some research, he discovered that the equity markets were moving well but that he still had to pay back the money he invested three years […]

Project Management Concepts and Insurance Companies

Insurance companies can use many elements of project management (see the Project Management Institute’s site for more details) to improve their operations and projects. The CONTROL area should be a particular area of focus for insurance company actuaries. Control is the partner of Planning. This is another area where strong actuarial support is important. Although control is […]

Learning More About Insurance

Employers Insurance Company of Nevada offers insurance. A person who is thinking of purchasing a vehicle should have this insurance. The vehicle’s value will drop immediately after it leaves the dealer’s lot. Regardless of your insurance situation, it is illegal to not have auto insurance. It would be wise to purchase it. It is important to make the […]