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...ing is legal (only California and Florida at this writing). Also explore at re...es that the days are gone when Term insurance was available only with annually...

...lenged in most states. Today only Florida, Nevada, and South Dakota still have... clients and prospects to buy their insurance direct — direct from you!

...the series of hurricanes that hit Florida? The wild fires that damaged cities ...that aren’t covered under a typical insurance policy. However, you can get ext...

...y Insurance Corporation in Tampa, Florida. He has no complaints about his expe...l factors point to more financing. 'Insurance rates are soft now, and with low...

...ut catastrophe planning. Here in Florida, predictions of another active hurricane season are making everybody-homeowners and businesses-think about plann...phe until it's too late. Employees, insurance companies, and telephones are ju...

... seasons. For some, summer is the troublesome time of year because of its droughts and fires. For others, winter's blizzards and ice storms make it the season to get through. Wherever you live, it's time to start thinking about catastrophe planning. Here in Florida, predictions of another active hurricane season are making everybody-homeowners and businesses-think about planning for a catastrophe. Although there's a wide range of factors to review in your disaster planning, consider three major areas: Employees in the office Communications with insurance companies Telephones EMPLOYEES Review the ... contact list of employees' out-of-state relatives List of emergency services and resources, as well as evacuation routes, coordination, and transportation needs for employees Head-count procedure in case the office is evacuated List of shelters Employee checklists of personal items that should be taken care of at home Other measures and procedures to consider include: Employee home phone-number phone tree Communication with employees through a radio station Emergency information packages Food and beverage supplies in the office Child care coordination Coverage review workshops and status meetings Personnel duties INSURANCE COMPANIES Before a disaster, prepare your ... to deal with insurance companies: Make sure to contact companies to review and determine how they'll respond to a disaster. Discuss ways of keeping lines of communication open. Assign one place in which to keep faxes and memos on binding authority. Compile a list of companies with phone numbers and contact people. Review special catastrophe information: restrictions on binding authority, and confirming procedures such as who's coming, where they'll be working, and so forth. When reviewing adjuster information, find out ahead of time if there will be a pool ...

...constructs his fabled $30 million Florida dream home while awaiting possible criminal charg...

... You Getting The Most From Premium Financing?4/30/2013 12:00:00 AM by CompleteMarkets Editor , Rick Burns This content has not been rated yet. It's all good, ' says Richard O'Neil, President of Key Insurance Corporation in Tampa, Florida. He has no complaints about his experience in premium financing, and it's easy to see why: His agency, with six branch offices and a total premium volume of about $10 million, has more than half of its 25,000 Personal Lines accounts ... their premiums. Much of it is nonstandard auto and mobile homes, ' he explains. Often the carrier wants its premium upfront. It's hundreds of dollars, and the customer doesn't have it. Key Insurance obliges the carrier and the insureds by financing the premium through Bay Budget Corporation, a wholly owned agency subsidiary that currently charges about 16 percent simple interest, plus up to $20 as a set-up fee, with as little as 10 percent down. The interest and fees don't add to much to the monthly amount the customers will ... Popular Recent All Back Are You Getting The Most From Premium Financing?4/30/2013 12:00:00 AM by CompleteMarkets Editor , Rick Burns This content has not been rated yet. It's all good, ' says Richard O'Neil, President of Key Insurance Corporation in Tampa, Florida. He has no complaints about his experience in premium financing, and it's easy to see why: His agency, with six branch offices and a total premium volume of about $10 million, has more than half of its 25 ...

... less premium, even though the insured is older at replacement time. Frequently, older age is offset by new mortality tables and new policy concepts with heavy improvements. Legal rebates are also an option to be considered in states where rebating is legal (only California and Florida at this writing) . Also explore at review time any possible tax advantages for which the policyholder might qualify. The second step that Life producers can take in hard times is to sell low-cost Term insurance. This is neither the time nor place to discuss the ... needs become permanent in the future, then the Term can be kept or converted. COVERING MORTGAGES-Several people carry decreasing Term policies to cover mortgage obligations. However, such policies become expensive on a per-thousand basis as the coverage declines but the premium remains level. Now with home mortgage rates at historic lows, many people are refinancing to save thousands of dollars in future interest payments. They should also consider upgrading or improving their Mortgage insurance. With today's new Term plans, agents may provide more insurance for less premium. Many clients have ... /Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back Bad Times Can Lead To Good Sales 4/30/2013 10:40:04 PM by CompleteMarkets Editor This content has not been rated yet. BAD TIMES CAN LEAD TO GOOD SALES Life insurance products are necessities, of course, in good times or bad. In addition to selling annuities, there are two easy steps that Life producers can take in hard economic times. The first is to review all existing Life programs to find money that's idle and ...

... roof as they did when Andrew hit Florida. I gave him a quote for $145,000 us...ake the matter to the department of insurance and call for a public hearing. I...