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If you suspect insurance fraud has occurred, you should immediately report it to DFS or call the Insurance Fraud Hotline: 888-FRAUDNY (888-372-8369). The matter will be treated confidentially. Fighting insurance fraud remains a strategic priority for the industry. In 2016, insurers discovered 125,000 dishonest insurance claims worth £1.3bn. It is estimated that a similar amount …
Homeowners’ insurance (moreover recognized as home insurance) is not an indulgence; it is a requirement. Almost all mortgage lenders require borrowers to insure the full or fair value of a property (usually the purchase price) and will not make a loan or finance a residential real estate transaction without proof. What does homeowners insurance cover? …
If the homeowner has insurance and you have reason to believe that the homeowner’s negligence caused your injury or property damage, you can claim from their insurance company. If the homeowner does not have insurance, you must sue them directly. To make a claim, you need to find out what insurance company the homeowner has. …
Filing a lawsuit against somebody else’s homeowners insurance agreement Read More »
A life insurance policy can be an important financial tool for individuals and families. The life insurance policy can provide peace of mind in the event of unexpected situations, such as the death of the insured. There are a variety of different types of life insurance policies available, and it is important to research which …
What are the Four Types of Life Insurance policies? Read More »
Every year billions of insurance frauds have been reported. It is an intended crime that takes place because of the wrong intentions of people for having more financial gain. According to the law, the act of insurance fraud can be prosecuted when In simple words, insurance frauds also include those wrongdoings in which people provide …
Most Common Insurance Frauds, How Not to be a Victim Read More »
The aim of this article was to provide a broad overview of whole life insurance, its pros and cons, and the different types of policies available. If you are interested in learning more about this type of insurance, or if you are looking for a policy, be sure to read the full article. What Is …
What are the Different Types of Whole Life Insurance? Read More »
Insurance frauds are the act of deceiving an insurance company in order to receive money or benefits that are not rightfully owed. This can include making false claims about damages or injuries, exaggerating the amount of a loss, or even staging an accident. If you suspect someone of committing insurance fraud, there are multiple ways …
Whenever you get injured, the pain is the first thing that comes to your mind and the last thing is the cost of your medical bills. For handling such situations, you need a health insurance service. Choosing the best health insurance plan seems a bit challenging, as it requires research and authentication. The 80/20 insurance …
Who is An Insurance Producer? An insurance producer is an insurance agent who solicits, negotiates, and effects contracts of insurance on behalf of an insurer… He sells insurance products to clients on behalf of an insurance company. The agent’s commission comes partially from the premium and the insurer. An insurance producer may also be an …
Who is an Insurance Producer? Insurance Broker vs Insurance Agent Read More »
The nurses are an essential part of the medical team or staff. The profession of nursing acts as a bridge between health care professionals and patient care. No healthcare setup is completed without the services of nurses. The evolving role of nursing gives immense respect to this profession but on the other hand, also increases …