Do you want to purchase insurance coverage but need information concerning the process and how to protect yourself? The topics below will help you understand the process of purchasing insurance. Make sure that the company, broker or agent is licensed to do business in Florida before you sign a contract or write a check. It is illegal for companies or individuals to market insurance in Florida without a license. Agents must be licensed and must have active appointments with specific companies in order to legally sell insurance products. Use the links below to verify through our records that the entity is authorized and licensed to transact business in Florida or with Florida residents....
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Travel insurance: why and when to buy it Whether you’re taking a short break, travelling for work, planning a two-week getaway or taking a year out to see the world, travel insurance can give you the reassurance you’re protected against different events and disruptions, however unlikely they may seem. Holidays are usually a big investment you work hard for and look forward to all year, so why wouldn’t you want to safeguard them in case unforeseen events put your trip at risk? Travel insurance is a way to protect against cancellation and disruption. It covers you for the possibility of damage to or loss or theft of your belongings, from passports to suitcases. It can also...
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Do I Need Homeowners Insurance and When Should I Buy It? If you're shopping for your dream home, you may have questions about homeowners insurance. It’s another expense of home ownership, so it’s logical to ask the question: Do you need homeowners insurance, and if so, when in the house buying process do you buy it? Here's a list of frequently asked questions and answers to help you understand when you need to get homeowners insurance. Is Homeowners Insurance Required? There's no law that requires home insurance. But mortgage lenders do require you to get home insurance coverage before they will agree to finance your home purchase. Home insurance protects the mortgage lender...
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Trip insurance Allianz Global Assistance trip insurance for U.S. residents When the unexpected occurs, be prepared with trip insurance Top reasons to buy trip insurance Financial coverage when plans change due to reasons such as covered illness, job loss, severe weather and more Reimbursement of prepaid, non-refundable expenses for covered trip interruptions/cancellations or essential items purchased on your trip if luggage is delayed Emergency medical/dental benefits for covered illness or injury while on your trip Rental car damage or theft coverage 24/7 assistance hotline and concierge services Trip insurance benefits are displayed per person and are reflective of standard products...
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Most people only think about insurance when a loss, injury or accident has occurred. This is the time you need financial assistance the most—your insurance company needs to come through for you, help you get treatment and restore your life. After all, this is what you pay them for. Unfortunately, if you don’t do your homework beforehand in getting the best insurance coverage available to protect your family’s health, assets, and financial well-being you may be left with bills you cannot afford. The time to find the best insurance for your needs is before such a loss occurs. When buying insurance, you should always comparison shop, look for discounts and services, and consider an agent. Find...
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Cyber cover has been one of the hottest topics in the insurance world for the past few years. Insurers have been tripping over each other to offer policies that protect their customers against the worst that cyber criminals can throw at them. Those customers have been exclusively in the corporate world, with companies insuring themselves against the kind of attacks faced by retailers including Home Depot, Staples and Tesco, TalkTalk, the telecoms company, Equifax the consumer credit reporting agency and countless others. Earlier this year, however, US-based AIG launched FamilyCyberEdge, a policy aimed at individuals. It was a pioneer in the field, but is not the only one. Others including...
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WorkBook6 Launches CoverageCoach to Help Seniors Compare and Buy Insurance TEMPE, Ariz., Aug. 3, 2020 /PRNewswire-PRWeb/ -- WorkBook6 – a Tempe, Arizona -based partnership development firm – announced today the launch of its newest product, CoverageCoach. The site provides a simple and efficient way for Americans over the age of 65 to understand, compare, and purchase insurance products. The company sees CoverageCoach as an important expansion for the insurance marketing ecosystem, and a critical service for seniors who need more clarity about their insurance needs. "Over ten thousand Americans turn 65 every day," said JT Benton, WorkBook6's Founder and CEO. "This is a life-...
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Purchasing considerations for LEOSA insurance If you have to neutralize a threat, even if it’s deemed a good shoot, who will come to your aid? You applied for a CCW under LEOSA (H.R.218) the day you retired. But now that you are off the force, you are no longer covered by your agency’s insurance and won’t be defended by the jurisdiction that employed you. If you have to neutralize a threat, even if it’s deemed a good shoot, who will come to your aid? You might be surprised that the umbrella policy on your homeowners or renter’s insurance probably won’t – and you and your family could be left homeless and penniless after a lawsuit. Here are some steps to help prevent loss of your home and...
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Article information and share options Summary Motorists can use black box telematics to bring their car insurance premiums down and some life and health insurers are offering deals based on data from fitness wearables. But these developments are the exception rather than the rule for an industry struggling to become truly digital. Buying insurance, especially life and health policies, can be a long and difficult process. While digital technologies promise to make buying insurance easier, nine out of 10 insurers say they are struggling to develop the technology infrastructure they need to support digitisation. As a result, 76% of insurers agree they need to partner with start-ups and...
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Only Buy Insurance When You Can’t Afford the Loss In very rough terms, the world of insurance is divided into life and non-life. Non-life insurance is for such things as your car, house, travel, company, and other non-life things. We all know how it works. You pay £500 to insure your car against a number of things, including, for example, theft. Let’s say your car has a value of £10,000. In simple terms, the probability of making a claim against the full value of the car in any one year has to be 5%. Without necessarily thinking about it in those terms, most buyers of insurance probably think that sounds about right, so they think the insurance is worth it. The reason I would not buy the £...
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