insurance definition

Akash Srivastava March 6, 2018

What are the chances of new insurance agent success becoming a reality? Intense analysis of licensed Department Insurance agents records conclude that only 6% of agents survive slightly over 4.3 years. Examine the facts, and logical explanations why insurance sales agent retention and success stories are so grim. Dismiss many of the misconceptions of recruiting […]

Akash Srivastava March 6, 2018

What does deductible mean in an insurance policy? It’s the amount of a claim you are responsible for, before the insurance company will start paying it’s share of costs. In automobile insurance coverage, you may select a plan with a deductible of $1,000. This would mean that if you have a collision where repairing the […]

Akash Srivastava March 6, 2018

There is no easy answer as to whether a life insurance policy should be put into a trust. The best answer is that it depends on your individual situation, the size of your estate, and what type of trust you are considering. For example, if you're single, and your net estate, which is your assets […]

Akash Srivastava March 6, 2018

Without a doubt you can get medical coverage, no problem. The challenge comes in knowing where to look, and who to ask where to get the medical care you need. Oh, but you're in luck you have me. I've not only found myself unemployed without insurance, but I've worked in doctor's offices and as an […]

Akash Srivastava March 6, 2018

Is a real estate lawyer a better choice than a title company when it comes to selling your home? You can choose any one of the two but you should first be aware of the difference between real estate lawyers and title companies. Here is some information about both the entities and whose services can […]

Akash Srivastava March 6, 2018

Activity-based management has significant benefits within an insurance company’s claim department. Insurance companies collect premiums in exchange for a contractual promise to pay for covered losses under the insurance contract. When a policyholder experiences a loss they submit a claim for compensation to their insurance carrier. The structure and environment of a claim department can […]

Akash Srivastava March 6, 2018

Definition of Liability Insurance: The simplest definition of 'liability insurance' is the Insurance coverage to protect against claims alleging that one's negligence or inappropriate action directed in bodily injury or property damage. People & organizations can and do mistakes for which they becomeiable if and when these acts rule to be the cause for damaging […]

Akash Srivastava March 6, 2018

Is there a correct way to a successful claim negotiation? Yes there is. But you must be willing to play hard ball. I am not kidding you. Insurance companies are the very best negotiators out there. They know the rules, and they know when to break them. They understand the system, and they can and […]