Monetary loans make the world go round. Whether it be personal real estate, automobiles or business expenses, most Americans finance their entire way of life by accepting capital from professional lenders with the promise of repayment including interest. Public and private companies regularly utilize business loans to start, run and enhance themselves. Business loans are […]
We are pleased to announce a major overhaul of our USAway Major Medical plan. The new USAway Major Medical has lower premium rates, is available in more states, and has an enhanced online quoting/enrollment system. Last year the USAway Major Medical transitioned exclusively to an online enrollment which greatly reduced the underwriting and policy issuance […]
The U.S. State Department estimates that nine million American citizens reside outside the borders of the United States. Granted many of those are children, non-working spouses and retired expats, but nonetheless, there are millions of working Americans living or on temporary assignment in foreign countries needing insurance. Unfortunately, most U.S. group insurances and employee benefits […]
Would you have guessed "Neurosurgeon" ranked 16th with an average excess disability insurance benefit of $36,100 per month? Click Here to watch this video as it counts down the Top 25 Occupations quoted by Petersen International Underwriters in 2017. In addition to their ranking, each occupation also has the average monthly benefit quoted in addition […]
When it comes to life, health and disability insurance, a “preferred” risk is always attractive to an insurance underwriter or actuary. Insurance company executives favor lower-risk business from relatively young, healthy clients with clean backgrounds, as they employ table ratings, flat extras, higher premiums, postponements and even flat out declinations for those individuals viewed by […]
Client referrals are fantastic lead generators, but very few insurance agencies can survive by word of mouth alone. Maybe not on the same grand scale, but like a Fortune 500 corporation, you must promote yourself, your wares and skill-set to advertise your business and earn new clientele. In this digital age, marketing and advertising are […]
For years, [the Disability Insights column in Broker World Magazine] has been a devotion and a sincere reflection of the passion for disability insurance held by the great W. Harold Petersen. I know Harold has deeply enjoyed his tenure, sharing his unfathomable knowledge and remarkable insights to the relatively misunderstood and often overlooked world of […]
No matter the insurance product, the more your clients are familiar with, the more they will be comfortable with completing an application, relinquishing their precious time to an underwriting process and ultimately choosing to spend money on some sort of prescribed financial protection. Nothing can be truer when regarding disability insurance, as there is a […]
Happy New Year to you. The ball has dropped and the page has turned. We begin fresh and anew. The last 12 months have been filled with many business accomplishments as record numbers were set throughout the specialty-lines industry in 2017. The individual and group disability insurance markets seem to be stronger than we have […]
Some words of wisdom to pass on to your clients: Learning about disability insurance may seem boring to most, and to many uninformed Americans, it may seem like a lousy product to buy. Literally, it’s just a piece of paper. It has no moving parts, no wheels, no shiny chrome strips, you can’t ride on […]