The unemployment rates are high, as is the COBRA enrollment activity. It doesn’t appear that the unemployment crisis will end soon. What does this mean to brokers? This means that many employers who depend on you don’t care about growing, they worry about survival. These are some COBRA administration survival strategies to help you guide them through this economic […]
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Knowing your market is key to selling effectively. Knowing or understanding more about your market will improve your chances of selling insurance. They will be able to trust you in delivering a product that meets their needs, not only because they will understand why they require insurance policies. GeoMarketing can be described as a marketing strategy that […]
The worst effects of the prescription drug coverage gap have been addressed, but it could still be costly. If you have a Medicare prescription drug plan, there’s a gap in coverage after you’ve spent a certain amount on covered drugs — the so-called Medicare “donut hole.” Although the potential cost of the donut hole has decreased significantly in […]
Selling more insurance policies doesn’t mean revealing new coverage areas. Selling more insurance policies is not about selling to prospects. If you offer a discount, prospects will believe there are more discounts available. You are in trouble if you start conversations about discounts or new coverage areas. The first few minutes of a conversation don’t serve to build […]
Given the economic damage caused by the coronavirus pandemic, it’s understandable that you might have concerns about the safety of your cash parked at the bank. The good news is that if your cash is deposited at a federally insured bank, it is protected by the Federal Deposit Insurance Corp. “An FDIC-insured account is the safest […]
You probably know that the National Association of Health Underwriters offers many benefits for health insurance agents who have joined. Like thousands of NAHU members, you have access to local chapter meetings and CE classes. You will receive the state and national magazine for agents. You can also access the online resources on the national member website. […]
Are you looking for a safe and secure way to save your hard-earned money? One option that many people consider is an Individual Retirement Account (IRA). But with so many financial products on the market, it can be tough to know which ones are FDIC insured. In this blog post, we’ll explore what accounts are […]
Allstate was established in 1931. With almost 10% market share, Allstate is currently the fourth-largest underwriter of private passenger vehicle insurance policies. Allstate is best known for its auto coverage. However, it also sells a variety of other insurance products, such as life, boat, and pet insurance. To date, the company has sold 113,000,000 policies and has agents across all […]
New enrollees are not eligible for Medigap F, which pays out-of-pocket Medicare expenses. There are other options. Plan F is part Medicare Supplement Insurance also known as Medigap. This insurance is sold by private companies. It fills in gaps in Original Medicare coverage such as copayments and coinsurance. How it works: Medicare pays its share of the approved amount […]
There are many “insurance pools” that offer coverage to property owners who cannot get insurance through the market. The Ohio Fair Plan provides property coverage for those who aren’t eligible. These programs are offered by the state’s insurance companies. Each program has its own eligibility requirements. Due to the 1960s riots, the Ohio Fair Plan was established. Many cities suffered significant […]