New technological advancements can lead to improvement in efficiency, customer service, data collection and more. Although some people believe the insurance industry is lagging behind other industries in terms of innovation, that’s not entirely the case. “Insurtech”...
As with most residential properties, a rental property is comprised of two basic components: the property itself and the items inside. The property itself is the landlord’s responsibility, but each individual renter is responsible for their items. This is why it’s...
Umbrella insurance — sometimes called excess liability insurance — is not a requirement like car insurance or homeowners insurance. Instead, it’s like an extra security net that protects against the unexpected things in life. For example, anyone can find...
Since 2007, May has been coined Disability Insurance Awareness Month (DIAM), a time when the insurance industry and the Council for Disability Awareness aim to help people understand the importance of income protection. “More than a quarter of 20-year-olds will...
In the insurance industry, there are too many professionals who put their own personal gain ahead of their customers’ needs. A few examples are: Selling customers on a more expensive policy (sometimes for extra commission) Cutting communication short Being dishonest...
