Search CompleteMarkets

... due to the fact that the prospect bought from the mortgage-lender's Life associate? Many folks do, often thinking that most Life rates are very close among companies. That's simply not so; vast differences exist among carriers' rates, and for the nonsmoking prospect in good health, the differences are even more startling. For example, one of the largest home-mortgage lenders in the country promotes a mail-order reducing Term policy with simplified underwriting. Here are annual premiums for three age bands for $120,000 initial amount on a 25-year reducing ... x No Thanks Loading.. x No Thanks Loading.. x No Thanks Loading.. x No Thanks Loading.. The Jordan Insurance Group 1 2 3 4 5 Rating history (0 Reviews - 0 of 5.0) Shows who have rated the content, and the rating score. Write your review here. (Required) Please consider the following: 1. Would you recommend this company? 2. What about this company do you like/dislike? 3. Why did you choose this rating? Submit This Anonymously Submit Cancel Contact ... enough accounts to justify that move. She tested well for personality and potential, but she is fairly new in the Life business. S he is closing about one out of four presentations, which sounds fine for a relative beginner, since the closing average for all agents is about one out of three. But since she deals with many Mortgage policies and writes reducing Term policies at fairly low premiums, the bottom-line dollars are low. We need to create more cash flow. What can you suggest? P/C Agency Principal ...

... . 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 people searches you make. And ... thousands of articles, checklists, tip sheets, sales letters, and more! Communications Marketing Customer Service Planning Finance/Accounting Risk Management Human Resources Selling Legal and E&O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back Certificates Of Insurance, Binders And Evidences Of Insurance: What's The Difference?4/30/2013 12:00:00 AM by CompleteMarkets Editor , Chris Burand This content has not been rated yet. I visit many agencies and interview hundreds of customer service representatives, account ... might, agencies should almost never write a temporary contract on top of a policy that already exists. Just because the paper policy hasn't arrived, doesn't necessarily mean that coverage doesn't exist. Evidences of Insurance In Personal Lines, most insureds, banks, and real estate agents need evidences of insurance, not binders. The policy is in effect, but has not arrived. So why not provide evidence of insurance rather than a binder? Certificates of Insurance First, let's call this area what it is - a mess. We have ...

Life/Health E&O Avoidance
LIFE/HEALTH E&O AVOIDANCE by Sheri Pontolillo ...ection that Professional Liability insurance provides — and the security of E&O will help you p...

...hrough failure to renew expiring insurance (whether insured is contacted or no...g to an insured that you do not understand. Promise anything that yo...

... . 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 people searches you make. And ... have thousands of articles, checklists, tip sheets, sales letters, and more! Communications Marketing Customer Service Planning Finance/Accounting Risk Management Human Resources Selling Legal and E&O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back Selecting Insurance Companies 4/30/2013 10:35:26 PM by CompleteMarkets Editor , Carol Hammes This content has not been rated yet. SELECTING INSURANCE COMPANIES Agents' Responsibility for Company Insolvency by Carol Hammes Beware these warning signs of carrier financial instability. Financial stability ... one of the most important criteria for selecting and retaining an insurance company partner. The insolvency of a major carrier can prove disastrous, disrupting your agency, your reputation, and your insureds. And even if you survive the immediate crisis, the effects on productivity can linger for years, especially if you must defend E&O suits resulting from the carrier's financial difficulties. In the past 30 years approximately 650 P/C insurance companies have disappeared due to financial difficulties. More than half of these resulted from deficiencies in loss reserves ...

...usiness, and changes in existing insurance products, insurance agents need to be more diligent tha...iligence can help reduce the frequency and severity of E&O claims as well ...

...ns how to determine the financial health of carriers. Mission. Integrity. Idea...uating a carrier’s financial stability and minimizing the risk of an E&O c...

... Popular Recent All Back Primer On Insurer/Agency Relationships 4/30/2013 10:40:04 PM by CompleteMarkets Editor This content has not been rated yet. PRIMER ON INSURER/AGENCY RELATIONSHIPS The following illustrates some of the common practices that many Life/Health carriers follow, why such practices are troublesome to P/C agencies, and the simple steps that each party may take to prevent grief. CASE G-1: Group Life, death claim The carrier, a large, well-rated multi-line company licensed in 49 states, ... thousands of articles, checklists, tip sheets, sales letters, and more! Communications Marketing Customer Service Planning Finance/Accounting Risk Management Human Resources Selling Legal and E&O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back Primer On Insurer/Agency Relationships 4/30/2013 10:40:04 PM by CompleteMarkets Editor This content has not been rated yet. PRIMER ON INSURER/AGENCY RELATIONSHIPS The following illustrates some of the common practices that many Life/Health carriers follow, why such ... . One employee's widow completed the claim papers and, in error, indicated that her husband had been a part-time employee. The error was not detected by the employer's personnel staff, who forwarded the form to the carrier. The carrier's claim examiner contacted the employer-not the agent. He wanted payroll records and other data to support everyone's statements that the late employee was in fact full-time, since part-time employees were not covered by the plan. The employer's president wrote a firm, succinct letter to the carrier: A.B. was employed here ...

...form of coverage on behalf of an insurance company or companies. Rarely do PAs...cialty products offered by the Gulf Insurance Group. The use of PAs will add to the profits and retention of your business.

... . 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 people searches you make. And ... and E&O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back Demand Careful Policy Review 4/30/2013 10:40:04 PM by CompleteMarkets Editor This content has not been rated yet. DEMAND CAREFUL POLICY REVIEW Because insurance policies are legal documents, some risk managers might assume that they've been subject to meticulous examination by the insurer and the broker before being delivered. A careful review of the policy by the drafters and by the broker or agent should guarantee that the policy fully expresses ... intentions of the insurer and the expectations of the insured and that it uses proper grammar and punctuation. After all, these documents are often interpreted by the courts, where subtle nuances of word choice, punctuation, and grammar may make the difference between a covered claim and an uninsured loss. Unfortunately, the level of quality control of even the most prestigious of agents, brokers and insurers is sometimes low. Poor English is often the rule, and the readability of some policies can be described as tortuous. One judge reviewing a ...