Whenever I conduct a workshop or give a speak to a group of agents, I inquire how several of them are in the company of selling insurance coverage. Inevitably about 25% increase their fingers. My response to them is, "If you're in the company of selling insurance coverage you'll have a tough time succeeding simply because NO 1 Would like TO Purchase Insurance plan!"No a single desires to purchase insurance plan. Not homeowner's,...more
We all have one or more types of insurance in ours lives, and keeping the prices low, and benefits high are the goal of most policyholders. Living and owning a business in the state of Maryland results in the need for several policies, and it is always best to try to keep all of them with one carrier to simplify and possibly realize extra discounts. A general insurance company Maryland State licensed, offering several veins of...more
If you have ever had to help pay for a burial, you probably know how much it costs. When you add up the burial, service, lunch, and other expenses, you may be paying tens of thousands of dollars. This may seem like an odd subject, but it is a real concern for a lot of people.One alternative is to purchase a burial life insurance policy. These products, marketed by life insurance companies, can be a simple and fairly affordable ways to make sure that the family has cash to use when they need to pay for a funeral. The application process is pretty simple, and they do not have strict health requirements.Do you need to be perfectly healthy? Some applications will ask a few simple questions. Most older people, in reasonably good health, will qualify. Other types of burial policies do not ask any health questions. There are some pros and cons of either type of policy. You need to compare them to see which type of funeral policy is the right one for you. But understand that these policies were designed to accept older people, and so they do not have very tight health requirements.How much do they cost? The premium will be different for different people. Younger and healthier people will...more
There is another kind of insurance that goes beyond the coverage of your basic policy, people from the insurance business calls this Extended Coverage. From the word itself, basic insurance policies cover only the basics, it doesn't take into account unnatural occurrences. So if you want additional coverage, you can ask your broker for an Extended...more
With the arrival of various online insurance authorization providers, the task of obtaining authorization for hospitals in US , medical groups as well as independent healthcare providers has become a lot simpler than ever. These online authorization providers have their own user friendly, easily navigable and intuitive websites whereby you can...more
Compliance with self insurance regulations is critical. It's a legal obligation on self-insured businesses. The alternative is not having self insurance, and that's definitely not the preferred option. Compliance management issues can be difficult, particularly if you're only just starting up your self insurance systems. There are several ways of ensuring you're compliant, and you'll find they're pretty easy to work with.Self audit- What it involvesSelf audit is a full structured audit and reporting of safety management systems, requiring documentation and a good knowledge base in relation to compliance requirements. This can be done in-house if the expertise is available. The process also serves as a good check on the operational status and efficiency of the safety measures involved.However, there are also some issues with self audits which require caution on the part of management with regard to compliance. Compliance with self insurance regulations requires a high level of comprehensive current knowledge and thorough understanding of related practical issues in terms of safety management. That's not always possible, and a business may find that it doesn't comply with...more
Consumer guide is the buying guide; when we decide to purchase anything we need to evaluate the advantages and disadvantages of a service or about a product. Therefore consumer guide is an essential manual for purchase irrespective of the nature of...more
It would be fallacious to assume that a company like Blue Cross Blue Defend medical insurance is the very best to go with simply because they've been around so long. The appeal to tradition, in different words, shouldn't be the one issue considered...more
Health care expenses have increased abruptly since last few years and according to market analysts medical expenses are going to take a hike due to global inflation. In this scenario health related expenses are becoming great headache for senior...more
Many employers have the tendency to employ more staff during busy seasons. They take more employees when the festive season is fast approaching. The appointment of temporary staff is generally done to meet increasing customer demand. You have to take...more
Medigap insurance is the other name of Medicare Supplemental insurance and it is meant to cover the left over gaps related to medical expenses by Medicare insurance plans. The utility of Medigap insurance is immense for the aged persons who have to...more
Indeed, every backpacker travel insurancecovered individual should think about three important considerations. And these periods are the before, during and after periods, which truly deserve their utmost thought. It is extremely valuable to know what...more