An insurance attorney helps consumers navigate insurance policies, negotiate with insurance companies, and get the most out of their policies. They are especially helpful in the health insurance field and can assist with using insurance in foreign countries. They can also renegotiate existing policies to better suit the consumer’s needs. An insurance attorney is a […]
Belaying in rock climbing involves securing the climber to a rope using a belay device, which is attached to the climbing rope and controlled by the belayer. Belaying is usually done in pairs, and self-belaying is possible but only for experienced climbers. Belay systems come in various sizes and designs, with self-locking devices being the […]
Contingency insurance covers unexpected risks not included in standard policies, such as political risk, natural disasters or contract breaches. It is important to avoid duplicating coverage and discuss specific risks with an insurance agent. The term “contingency insurance” is used to describe many different types of insurance products, all relating to unexpected contingencies that may […]
Insurance underwriting determines eligibility and assigns a monetary value to insurance. A computer is used to analyze data and assess risk, and underwriters work in categories such as property/accident, life, health, or mortgage. No formal training is required, but credentials and continuing education are beneficial. Insurance underwriting is the process of determining whether a potential […]
Aviation insurance covers a range of situations for aircraft and pilots, but laws are less defined than auto insurance. Coverage and cost vary by vessel type and policy, and pilots should seek advice from brokers. Owners and renters should consider overall cost, deductible, and coverage details. Hangar insurance may be necessary for theft concerns. Aviation […]
Dental insurance is becoming essential as dental care costs rise, but many employers only offer medical coverage. When buying a plan, ensure it covers basic needs, allows freedom and is affordable. Research online and consider family plans. Seek advice from colleagues or an insurance agent. With the price of dental care rising year after year, […]
HGV insurance covers heavy vehicles used for transporting oversized cargo, livestock, and pallets. Drivers must have a specialized license and meet certain qualifications. Basic coverage includes damage caused by the vehicle to others, theft insurance, and goods-in-transit insurance. HGV theft is common in the UK, and accidents can be costly. Heavy Vehicle Insurance (HGV) is […]
Yoga liability insurance protects instructors and facilities offering yoga classes. When choosing a policy, consider coverage, deductibles, cost, and obligations. Check the insurer’s license in your area to avoid difficulties in claiming benefits. Yoga liability insurance is a type of insurance protection designed to protect instructors and facilities that offer instruction in the art of […]
Excess insurance provides coverage when claims exceed primary insurance policy limits. It can be used to provide additional coverage on major policy types and is less expensive than purchasing a prime policy with high coverage limits. It is important to have adequate insurance coverage to avoid costly mistakes. Excess insurance is insurance that provides coverage […]
Inland marine insurance protects property during transit and is recommended for business owners and those working with high-value items. It originated with Lloyd’s of London and covers goods and property associated with someone’s job, wherever they are. It can fill gaps in coverage and is not restricted to commercial customers. Individuals should take note of […]
Musicians can protect themselves from liability with musician public liability insurance, which can pay for financial loss and damages if sued. Venue general liability insurance can also provide some protection, but musician liability insurance is designed specifically for musicians. Insurance brokers or agents can help determine if insurance is needed and how much coverage is […]
During World War II, businesses offered health insurance as an employee benefit due to labor laws limiting pay. The IRS ruling that group insurance premiums were not taxable made it more attractive. Some US states require residents to purchase health insurance. Employment-related health insurance hasn’t always been like this in the United States. During World […]
International credit insurance protects companies conducting financial transactions with foreign entities. Premiums are higher due to increased risk factors, such as political instability and currency fluctuations. Policies are tailored to the specific needs of the parties involved and are subject to renewal and reassessment. Private insurers now provide political risk coverage, which was previously only […]
Getting car insurance after a DUI conviction is difficult, but possible. The SR-22 form is required to ensure continuous coverage, and smaller companies may offer better rates. Compare quotes for basic or full coverage to find the best option. If you have been convicted of driving under the influence or DUI, you may find it […]
Insurance companies are increasingly outsourcing services to offshore companies to reduce costs and improve efficiency. This includes customer service, financial audits, policy administration, data management, and claims processing. Outsourcing can improve customer service and agent performance, and is necessary to remain competitive in a changing market. The internet and technology have made global outsourcing easier. […]
Loss prevention insurance protects against unexpected loss of property value due to specified events, particularly theft. It is often purchased as part of a comprehensive business insurance policy and covers instances of theft that fall outside the normal industry standard loss rate. Businesses and banks also purchase this insurance to protect against embezzlement and misappropriation […]
An insurance surcharge is an additional cost based on rating factors, which assess the degree of risk. Insurance companies and governments may charge surcharges to cover risks or fund insurance for low-income people. Surcharges can be challenged with legal assistance. An insurance surcharge is an additional cost on an insurance policy, usually based on rating […]
Condo association insurance covers property and liability for the general association of homeowners, while individual condo owners maintain separate insurance. The policies vary according to the extent of ownership and obligations of the association, and must be purchased with the guidance of a specialized insurance agent. Condo association insurance provides property and liability insurance for […]
COBRA insurance is not a specific type of insurance, but rather a provision in the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) that allows people in the US to continue receiving health insurance after changes in circumstances. It is usually more expensive than health insurance at the time of hire, but less expensive than […]
Insurance companies in the US must operate under a duty of good faith and fair dealing with policyholders. When this duty is breached, policyholders can file a lawsuit with the help of a bad faith insurance attorney. To become one, a person must complete an undergraduate degree, three years of law school, gain practical work […]
