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”...
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...
When it comes to identity theft, people always think, “That would never happen to me…” until it does. If you aren’t actively protecting yourself from identity theft, you should start now. Thieves can swipe anything. Name, social security number, email address, phone...
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...
Self-driving cars sounds like something from a futuristic sci-fi movie, but it could be more normalized in our society in the next couple decades. Because of improvements in new technology, some experts predict that self-driving vehicles could be the norm by 2040. If...
