There aren’t many books that explain how to become a subrogation specialist. This article is for people who are interested in a career in subrogation. Although it can seem complicated, one can easily get started in subrogation. There are many companies in the country that specialize on subrogation recovery. Subrogation simply means the pursuit of reimbursement for insurance […]
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Recent reports indicate that Lloyds Banking Group is challenging the ban on the sale of payment protection insurance. This was introduced to protect millions upon millions of borrowers. A subsequent appeal could delay a ban against the sale of PPI along with credit agreements. The competition watchdog also stated that lenders should wait at most two […]
What is Bancassurance? Bancassurance refers to the marketing of insurance products by Banks. Apart from the regular products they offer in deposits, advances and investments, banks also sell insurance products. This is done to increase their fee-based income and to take advantage of their strengths as financial supermarkets. Benefits of Bancassurance Banks have many advantages over insurance […]
Introduction When you take the risk of being a freelancer, you also take the chance of having either too many projects one season or none at all in another. When you live with that level of uncertainty, you need to put your income to work. In other words, you need to have your savings do […]
Life insurance can be a valuable tool. However, there are times when you would like to waive your premiums and get some money back. Some insurance policies, although not all, offer this option. All types of insurance policies, including universal, whole, permanent, variable, and permanent life insurances, have cash value components. This means that you can cancel your policy to […]
There’s a good chance that you signed up for income protection coverage when you graduate. It could have been at a graduation Ball or following a talk. Even if you did not know that there was better coverage, it is important that you purchased a very important plan. Imagine if you had been away from work for […]
Insurance industry advocates for more proactive police involvement in combating fraudulent motor accident claims. The Insurance Fraud Bureau found that organized cash for crashes claims has decreased by 11% over the past two years. However, this was only in areas where police are heavily involved. Fraudulent claims are also rising in areas where there is still little […]
Introduction Many industries are experiencing rapid and significant changes, so change is now the only certainty. The Reinsurance industry is not an exception. This is made worse by the current economic climate. Broking houses and Reinsurance companies continue to use worldwide strategies to increase customer service and productivity. Due to stricter compliance, tighter controls have been implemented. Over […]
Drivers convicted of DUI or any other serious traffic offense in Indiana are required to obtain SR-22 insurance certifications. SR-22 insurance does not constitute insurance. It is a proof of insurance that you have met the minimum coverage requirements. The type of violation and state laws can affect the form required. SR-22 insurance is affordable in Indiana. However, […]
MedPay is an auto insurance component that covers injuries you or your passengers sustain in a car accident. MedPay is available regardless of the cause of the accident. You are also covered if you are hurt while riding in another car, or if you get hit by a vehicle while walking or riding a bike or using […]