Sentences with phrase «good business for insurers»

Judging by the way in which they are widely marketed in magazines such as The Economist, such policies must be good business for insurers.

Plus, it's good business for the insurer: they can cover as many people as possible and they don't need a thousand different life insurance policies for every eventuality.

Not exact matches

Supporting commercial lines businesses Progress on fixed fees for costs of noise - induced hearing loss claims Support for fair compensation for mesothelioma sufferers Expansion of the Insurance Fraud Bureau's scope to commercial liability Campaigning for solutions fit for our future Our Flood Free Homes campaign Forward thinking policy for data and cyber Engaging Government to support the role of income protection Delivery of Flood Re, a world first solution for affordable flood cover Fighting fraud Partnering with Government on the Insurance Fraud Taskforce Renewing the Insurance Fraud Enforcement Department Securing new insurer access to the DVLA registered owners database Influencing sensible regulation On Solvency II, we: Secured changes to secondary legislation Clarified treatment of deferred tax Negotiated a favourable calibration of the EIOPA's fundamental spread Supporting insurance businesses Pushing for sensible development of global capital standards Securing better targeted tax legislation Managing the impact of international financial reporting standards.

Let us find for you the best business / commercial insurance rate across 15 + Canadian insurers.

«Bundling insurance saves money on processing, administration and selling costs for insurers, so it's good business sense to encourage customers to do it by sharing some of the savings with them,» says Lehrer.

Esther has acted for large London insurers, handling complex and high - value professional indemnity claims as well as representing businesses, individuals, charities and landed estates.

We act for major European and UK insurers and brokers as well as businesses and individuals.

For business development, you want the best things to be said about you by your prospective clients» other professional advisers, like their lenders, insurers, and accountants.

«Bundling insurance saves money on processing, administration and selling costs for insurers, so it's good business sense to encourage customers to do it by sharing some of the savings with them,» says Lehrer.

This will help companies as well as policyholders as they can now select a higher tenure and the money will remain with insurers for a longer term,» R Kannan, member actuary, Irda, told Business Standard.

Because it may be ten or more years before you utilize the policy, it is important to choose an insurer who has been in the business for a good number of years and is highly rated by A.M. Best and Standard & Poor's.

If offering group auto insurance is just a marketing technique by insurance companies, then it was a good decision as there is a three - way win situation for the insurer, business owner and employees who avail of it.

Sure, you can buy a standalone policy that covers your physical items from one insurer, and then buy another policy, say for Commercial General Liability (CGL) from another, but the fact is if you buy all your business insurance needs from one insurer, you'll likely get the best price.

Reducing the scope of your operations, including suspending services or avoiding international operations, may reduce the degree of risk your business presents to the insurer — opening up options to reduce your current premiums, or to approach new insurers who may be a better fit for your revised strategy.

Insurers reward you for repeat business, so tapping one company for multiple policies, if you haven't already done so, is a often good way to save.

Independent agents have connections with several major insurers and can compile several Peoria commercial insurance quotes for you to review before you purchase a policy that's best for your business.

This policy is best to use when you have enough money to pay significantly higher premiums (as compared to term life) in the beginning and you do not want to deal with investment choices, letting an insurer to invest for you.If the policyholder dies, family members (other beneficiaries) can use the funds for a variety of reasons, from paying off a mortgage, dealing with existing personal or business debt, etc..

Without it, people would only buy life insurance just before they died, which isn't a good business model for any insurer.

Since you are in the age bracket where insurers are going to compete for your business it is best to find out how much insurance you need.

It may be in your best interest to purchase a separate Napa renters insurance policy because if something were to occur to the condominium or other such property that prevented you from being able to run your business, you could turn this into your California insurer and receive some compensation for the work that you have missed as a result.

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