Recent surprises included a letter from my “retirement” company, in which they informed me that my next-year’s premium for health insurance would more than double the amount I paid last year. Although the premium was not cheap, it is absurd. As the baby boomers enter the final stages of their lives, I can see that my […]
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Not only can terminal illnesses cause death, but they can also affect financial stability and the well-being of families. However, a viatical settlement can offer financial support and emotional comfort for those suffering from serous diseases. Viatical settlements are simply the transfer of life insurance benefits to another party. Viatical settlements are also known as “viaticals” and […]
Formularies are one of the most confusing parts of the new Medicare Prescription Drug Plan. The best plan for you depends on your drug use and the coverage provided by each plan. It is important that Medicare-eligible people understand the formularies in order to choose the best plan for them. What is a formulary exactly? A formulary […]
Are you interested in becoming a self-insured administrator? If so, then you might be wondering just how difficult the Self Insured Administrators Exam is. This exam is not for the faint of heart and requires extensive preparation to pass. But don’t worry, we have got all the information you need to know about this exam, […]
If you’re the victim of ahit-and-runVirginia is not only a stressful place, but also your car insurance will likely increase.For a full coverage policy, the average cost of Virginia auto insurance is $1,304 annually. A hit-and-run accident can increase the average rate by $2,565Based on data from Quadrant Information Services. Virginia hit-and-runs A hit-and-run incident is […]
Accidents can be stressful. Hit-and-run accidents can add stress to an already difficult situation. It is not necessary to know all the details after a hit and run in Oregon. You may be able manage the situation relatively easily if you are familiar with the correct steps. And because of the state minimum insurance requirements, your own insurance might […]
“You cannot fight the city hall!” Or, in this instance, the Insurance Industry. There was an old saying, “You cannot fight City Hall.” Similar perceptions exist when it comes the insurance industry. Many people believe the insurance industry cannot be touched and that disputing a claim will prove difficult. But that’s not the problem. It is about trying to win! It […]
Different risks in insurance service are covered by terms and conditions in Insurance Policies. In the event of claims arising they are managed or settled accordingly. Auditing the underwriting, policy management, and claims management procedures is a common practice. To ensure that the organization follows healthy practices. It is not a good idea to audit every record because […]
EIFS are visible on the exterior of your house. This means that you may have water damage throughout your home. EIFS stands for Exterior Insulation and Finish System. It’s commonly called “stucco”, but it’s not real stucco. It is synthetic stucco. The terms EIFS and stucco are interchangeable in this article. The Atlanta Journal Constitution published an article […]
Your insurance provider will ask you to distinguish between different policyholders. This is one of the many things you should consider when buying auto insurance. Some people will be called policyholders (or policy holders), while others will go by the name of listed drivers. Policyholders need to be aware of their responsibilities, as they are responsible […]