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...ve either a burglar, fire or smoke alarm in your home? ... 11. If you are a self-employed professional, do you have Property Liability add Professional Liability or Malpractice insurance? ...

... problem is most acute with manuscript and heavily endorsed policies; however, we are also aware of similar errors in preprinted policy forms. While we might speculate at great length why this condition exists, the fact is that it does, and at a frequency we find alarming. Brokers and agents should not deliver any type of contract that is less than letter perfect. This is especially true of insurance policies. Policies should be reviewed meticulously and those less than perfect should be sent back to the insurer for correction. If you encounter ... measures. While most risk managers would prefer the results advocated by the old adage right the first time, ' agents and brokers eager to point out policy deficiencies generally deserve kudos. If you consistently get policies with obvious errors, this may be an indication of more systemic problems with the insurance company rather than just plain oversight. Remember: Insurance policies are legal documents- treat them that way! This article was reprinted from the Risk Management Letter with permission from Griffin Communications, Inc. Login or Register (for FREE) to ... carriers, wholesalers and service providers. Negotiate lucrative contracts with carriers and wholesalers. Net result. More revenue for your agency! Clients & Prospects will research you, your co-workers and your agency here. The most comprehensive online insurance industry reference library for - Personal Lines Professionals Commercial Lines Professionals Life/Health & Benefits Professionals Online newsletters and content that you can use for your clients and social media efforts. Ability to attach leads and clients to your specific market searches, with e-mail alerts for all the market, articles, blogs and ...

...tectors? Do you have a burglar alarm? Do you have a fire department fire alarm? Do you have automatic sprinkler...for $1 million above and beyond the liability coverages you carry on your home...

...u have a smoke detector or burglar alarm system? (please circle) ...lved in any business ownership or professional practice? Please describe brief...

...t does, and at a frequency we find alarming. Brokers and agents should not del...s, this may be an indication of more systemic problems with the insurance comp...

... you prefer to cover your personal belongings for their full replacement value (i.e., no deduction for depreciation?) 9. Would you be interested in adding Earthquake or Flood insurance to your Homeowners protection? 10.Do you presently have either a burglar, fire or smoke alarm in your home? 11.Would you like an estimate of your home's replacement cost at today's prices? 12.Do you own a second home or any other real property, such as a mountain cabin or farm property? 13.Are you presently engaged in any form of farming or ... -Personal Renewal Procedure 4/30/2013 10:40:51 PM by CompleteMarkets Editor This content has not been rated yet. PERSONAL INSURANCE RENEWAL PROCEDURE DIRECT BILL 1. 60 days prior to expiration run expiration list. 2. Using mail merge capabilities of the system, generate personal lines direct bill Letter Dear : I am in the process of renewing your ___ policy which expires on ___. In order for me to provide you the most comprehensive coverage at the most competitive price, I ask that you please complete the ... and your family is available at a low cost? 9. Is your Health Insurance up to date? (Consider recent increases in hospital rates) . 10. Are you interested in discussing Life insurance within the next year? 11. If you are a self-employed professional, do you have Property Liability add Professional Liability or Malpractice insurance? 4. When policy is received, review for any mistakes and order any changes dictated by the renewal review form or otherwise indicated by the customer. 5. If any changes are required, ...

... of her inventory. After a theft loss, the storeowner learned that she had a $1 ,000 crime limit, not the $30,000 that she thought she had. When asked why this happened, the agent replied that Store did not have an alarm system, and that without such a system, $1 ,000 was the maximum crime limit that she could have. The agent had not previously told the insured about this provision. Store sued the agent for the amount of her uncovered loss plus court costs ... The Tennessee Court of Appeals awarded Store the amount of her uncovered loss plus court costs and attorney fees. Lesson: It's essential to be able to prove that an agent told a client about reduced coverage. If a policy isn't being issued with the requested coverages, the agent needs to communicate this in writing to the insured. A second recommendation comes from the fact that a $1 ,000 theft limit was all the insured could get, due to the absence of an alarm system. Was this really true? Some agents ... carriers, wholesalers and service providers. Negotiate lucrative contracts with carriers and wholesalers. Net result. More revenue for your agency! Clients & Prospects will research you, your co-workers and your agency here. The most comprehensive online insurance industry reference library for - Personal Lines Professionals Commercial Lines Professionals Life/Health & Benefits Professionals Online newsletters and content that you can use for your clients and social media efforts. Ability to attach leads and clients to your specific market searches, with e-mail alerts for all the market, articles, blogs and ...