Insurance
Table Talk – Why are Insurance Rates going Up?
Tanner Wilkinson and Nate Johnson We’re here to talk about things to help you understand what is going on in the world of insurance. Sports Talk: We’re in November right now, Snow College Football is ranked in the top four. Manti Football is in the final four of their tournament, a game this weekend. This is a great
Flood Season in Utah
This year we have had record-breaking snowfall in Utah. Because of that, as we slowly move into spring, we are on the alert for flooding. We care about your homes, families, and businesses, so we want you to be aware of the risks you may be facing. But we also want to provide you with information and ways to
What Are The 7 Main Types Of Insurance?
Insurance is essential to financial and emotional well-being, as owning the right policies can have a life-altering impact. While some people forgo buying insurance, many still get it since no one can expect their house to burn down or to acquire a disability that prevents them from working. However, no single insurance policy will cover all aspects of life, and
Understanding an Insurance Company
Purpose of Insurance The purpose of insurance isn’t a maintenance plan or to fund home improvements. The purpose of insurance is to provide a security, so that when a disaster occurs, natural or otherwise, your financial loss can be minimized. The industry was created to protect individuals from devastating losses. While no accident can be completely fixed, insurance companies strive
What is EPLI insurance and who needs it?
If you are owning any type of business regardless of the industry, there is always a risk of being sued by your employee. While you may have safeguarded your business from external factors like wind, fire, etc, an employee lawsuit may also dent your business in a significant manner. Even if done without intention, damage to the rights of an
Roof Insurance
Homes come in all shapes and sizes, but every one of them has a roof—likely the most important aspect of our homes. So, when it comes to insurance, do you know if your roof is covered? Perils Covered Under a homeowner’s policy, the coverages generally covered are hail, wind, and fire. The following scenarios are ones in which you may
Bond insurance and a brief on its types
Bond insurance is a kind of insurance policy that is purchased by a bond issuer for assuring the settlement of the principal and all related interest payments to the holders of the bond in the case of default. Bond insurance is bought by the bond issuers for increasing their credit rating and decreasing the percentage of interest required to be
How to Save Money on Insurance
Everyone needs insurance, and none of us want to pay more than we need to. So, of course, we will make special efforts to get the best deal available. Here are a few simple ways to save money on your insurance. Find the company with the best rate for you. Different companies have preferences and differing rates according to a
Calculating Coinsurance
Some business insurance policies include a coinsurance clause. If your policy includes a coinsurance clause, the amount of insurance you have purchased (the limit of insurance) must equal or exceed a specified percentage of the value of the insured property. For example, if 80% coinsurance applies to your building, the limit of insurance must be at least 80% of the
Disability Insurance: What is it and why one would need it?
A major strength for the majority of persons is the capability to work and get appropriate income. Irrespective of their occupation, disability is a risk that can be faced by every working individual, posing a big risk to their income. With all these risks, what would be the condition if a person suddenly loses the capability to earn income? What
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