We live in the Internet age and online technology offers business many improvements over traditional methods. Nowhere is this truer than in the insurance industry. Insurance agents have traditionally used a host of different methods to increase business and to get new insurance leads. However, most of these are far inferior to the methods available online. Oddly enough, many agents seem to be stuck in a rut, either not...more
Insurance is considered as an integral aspect of our lives. it means you can live life without worrying about anything. Many believe it gives us the freedom to experiment and opportunity to recover from mistakes in the past. Insurance needs vary individual to individual. If one intends to drive a car in the US, one needs to avail automobile insurance or liability insurance. Similarly, if you intend to purchase a home and apply for mortgage loan...more
Many of us are not very keen on disability insurance concept. In fact, many believe that it's not important at all. They just think it's just an unnecessary expenditure and they will never need it. According to a report, over 80% of working people in the US don't avail the policy or are not covered by the policy adequately. This indicates people are very much unaware about the benefits of such insurance. Let me tell you disability insurance is very important, especially considering interests of common man. In the era of high inflation and snail-paced recovery from the global economic downturn, disability insurance helps one save on money at a time you need it most. Disability insurance is pretty similar to life insurance, where you hand over the risks from yourself to someone else. Read on to know what the benefits of disability insurance are:Disability simply means you are not able to continue your job due to sickness or illness. And at such point of time, you would consult doctors or gods forbid get admitted to the hospital. You will have to shell out lot of money to recover soon. But in case of long term disability, say six months or so, costs of treatment can just take a toll...more
We plan in advance when there's a holiday coming up. There is however a lot of risks that may be not be anticipated during a trip. Many variables can go wrong. You might have some family or personal emergency that makes you have to reconsider the dates and the plans. You may even be short on money which makes it a complicated...more
Whether you are a frequent traveler or you just go for the occasional business trip you will need to consider getting international travel insurance. If you are going abroad for work or studies also, it is important to have proper coverage. A trip is filled with surprises some pleasant, others not so pleasant.When you are prepared to...more
Paperwork may not make the world go round, but it can use up a lot of time and patience. For busy people, paperwork needs to be pinned down, and an efficient management system needs to be in place to do it. There are a few ways of doing this, internally and externally. The "admin factor" in self insurance requires a level of expertise, and management needs to decide the best fit for its operations.Doing your paperwork in house issuesThe main issues with self insurance administration are twofold:Administration costs and efficiencies: Theres an obvious dichotomy for business in terms of administration costs in specialised areas. The work must be done, but its also resource intensive in some cases, particularly when the work is undertaken by in-house professionals whose jobs are designed to cope with workloads generated by the business. In house management may or may not be cost efficient, based on the requirements of the workload.Accounts and financial management issues: Self insurance is a financial management issue, and it is necessary for the business to conduct its self insurance operations according to statutory requirements. Input from financial managers is required, and...more
Insurance is considered as an integral aspect of our lives. it means you can live life without worrying about anything. Many believe it gives us the freedom to experiment and opportunity to recover from mistakes in the past. Insurance...more
Insurance is considered as an integral aspect of our lives. it means you can live life without worrying about anything. Many believe it gives us the freedom to experiment and opportunity to recover from mistakes in the past. Insurance...more
You can look through the Internet all day trying to find the best insurance policies available to you and not even get close to seeing all of them. There are hundreds of health care agencies that are willing to sell you insurance, but this is not an...more
You've got pen in hand, ready to sign a new client contract, and then you glance at the fine print. It says that to get the work, your IT business needs to carry five different kinds of insurance. That can't be right! Or can it?If...more
If you have run into a plumbing problem in your home, it may be time to call your insurance company to file a claim. No one wants to run into these problems, but sometimes, you just have to make the best of the situation. If you can isolate the...more
You might be thinking about starting up a cab company and there is nothing wrong with that. Cities need taxis, especially considering that in some cities it is nearly impossible for one to drive a personal vehicle on the streets and for this reason...more