Business insurance

The advisor must make sure the client understands the rules, but doesn’t overstep any boundaries when giving advice. Self-directed IRA’s attract investors who are interesting in assets including real estate, precious metals, or a business (Byrnes, Bloink, 1). The investor doesn’t need advisor assistance to determine which assets to invest in. The third-party custodians who provide the self-directed IRA’s aren’t expected to follow the new rules and regulations of the fiduciary standard…

Health Insurance. In the article Duska concludes that there is an unclear notion to the right of health insurance (Duska, 2008). There are millions of people that do not have health insurance, and some of them do not, as they chose not to purchase it (Duska, 2008). Based on the fact that people have the “right to health care” and they chose not to purchase insurance, this in effect becomes a free rider issue. Having the right to health care and choosing not to purchase health insurance puts…

Background The American International Group, AIG, is a leading international insurance organization to more than 100 countries. AIG is also one of the leaders of life insurance and retirement services in the United States. However, back in September 2008, the U.S. government announced an $85 billion bailout of AIG. “The bailout eventually increased to about $180 billion. Many focused on AIG’s Financial Product Group because they had written credit default swaps and other derivatives that…

Fundamentally, property insurance claims are critically distinguishable from liability claims in that property insurance is generally intended only to encompass first-party claims. See Parks Real Estate Purchasing Group v. St. Paul Fire & Marine Ins. Co., 472 F.3d 33, 41 (2006) (citing 2 Ostrager & Newman, Insurance Coverage Disputes § 21.01[a], at 1303 (13th ed. 2006)). This is so, because the subject of a property coverage property is a thing, whereas the subject of a liability policy is a…

experience interns spent three days at home office, located in New York. During these three days interns were explained job roles, attended an Introduction to Insurance course, participated in a professionalism seminar, volunteered, and were exposed to various networking opportunities. Orientation served as a foundation for those who are new to the insurance industry and a refresher for those who have already gotten their feet wet. The following week I began reporting to the Dallas office,…

offset their losses. The positive correlation as oil price increase, jet fuel price also increase. Risk control personnel and risk manager should work closely together to decide whether or not retain the risk. With retention, CRA is considering self-insurance. They had to have enough fund to pay for the losses. It’s reflected negative change in cash flow as oil price increases and vice versa. Furthermore, they can manage price risk by using hedging or options. CRA buys the fuel from the major…

accident or a slip and fall injury, an insurance adjuster will call to hear your side of the events. They might want a recorded statement or use the phone call as a record of your statement. You're not required to provide a recorded statement of the incident and doing so can cause serious damage to your case. The Reason Behind the Recorded Statement While the adjuster might have the best intentions, they are working for the insurance company. It's a business that deals with hundreds if not…

SLF is engaged in the business of life insurance, mutual funds, pension and educational plans. These businesses are being managed by, Sun Life Asset Management Company, Inc. (SLAMCI) for the mutual fund business; Sun Life Financial Plans, Inc. (SLFPI) which handles the company’s pension and educational plans; and the Sun Life of Canada (Philippines), Inc. (SLOCPI) that pioneered life insurance in the Philippines in 1895. Since 2011, SLOCPI is the number one life insurance company in the…

Getting Car Insurance? 3 Mistakes You Should Avoid Making If you’re driving in the US, you need some form of car insurance to be able to take your car out onto the open road. Unfortunately, it can be confusing when it comes to what kind of insurance you should get. You don’t want to spend a small fortune on an insurance policy that is overkill, but also want to make sure you are covered if an accident happens. As long as you avoid these mistakes, it will help you make the right decision. Lying…

enjoys a healthy financial status and one that struggles to make ends meet. How much do Revenue Cycle Management (RCM) Services Cost? There is not a standard fee for RCM services. Each contract is individually crafted to precisely match practice business goals, patient needs and staff resources. Contracts may cover the end-to-end revenue cycle, or provide only one service, such as coding and billing. Are RCM services primarily focused on the billing and coding? The…