PSM Brokerage

JANUARY 23, 2025

Medicare supplements (or Medigap plans) offer: Predictable Costs: Clients appreciate the ability to budget for out-of-pocket healthcare expenses. Historically, Medicare supplement plans have consistently made up about 20% of the Medicare market. In 1999, 8 million individuals were enrolled in these plans. Thats a 77.5%

Out-Of-Pocket

AMAXX

JULY 30, 2025

Imagine this: One injured employee stays out of work for 35 extra days. At an average indemnity cost of $250/day, plus $3,000 for replacement labor, the total out-of-pocket cost is $11,750. Multiply that by several injuries—and you’ll see how quickly those numbers can spiral out of control. Seems manageable, right?

Workers Comp

PSM Brokerage

JULY 11, 2025

Why This Cancer Plan Stands Out This isn't just another supplemental plan. This is a great opportunity to deliver more value, cross-sell with purpose, and build stronger client relationships through real-life protection. It’s about giving your clients options when life throws the unexpected their way.

Out-Of-Pocket

Distinguished

APRIL 21, 2025

Without specialized landlord insurance, property owners may find themselves covering substantial repair costs, legal settlements, and lost income out of pocket. Building ordinance: Helps landlords cover expenses for meeting updated building codes after damage. In Chicago alone, more than 2.7

Broker

PSM Brokerage

JANUARY 22, 2025

Professional Integrity: Operating within guidelines builds trust with clients and regulators. The Role of Web-Brokers Web-brokers must meet additional compliance requirements, including: Accurate display of plan information, including subsidies and out-of-pocket costs. Adherence to Marketplace branding and logo use rules.

Agents

PSM Brokerage

JUNE 12, 2025

Out-of-pocket costs are capped , offering greater financial protection for beneficiaries. Here are the highlights: 🔹 Medicare Drug Price Negotiation For the first time , Medicare will apply negotiated prices to certain high-cost, single-source drugs without generic or biosimilar competition.

Out-Of-Pocket

Word & Brown

MARCH 21, 2025

When youre just starting out as an insurance agent, its not always obvious what your priorities should be. student debt payments, gas, groceries, restaurant expenses, out-of-pocket medical or dental, clothing, entertainment, travel/vacation, charity, gifts, misc. Theres more information available online today than ever before.

Insurance Agent

Redbird Agents

JUNE 17, 2025

However, after speaking with him, I quickly realized the roles were reversed and I needed to learn more about his growth strategy, and how it was so consistent paired with what some people would say were unrealistically low customer acquisition costs. Built more than $500,000 of residual income to support his clients. T65 is all I do now.

Agents

Property Insurance Centre

SEPTEMBER 25, 2024

Top Building Insurance Pitfalls Here are some common pitfalls to avoid when getting building insurance in the UK: – Underinsuring. Insure your building at the amount that it will cost to rebuild it and not at the current market value when securing block of flats insurance. – Not considering inflation.

Building

PSM Brokerage

JANUARY 13, 2025

Whether youre new to selling Medicare plans or an experienced agent, understanding star ratings can help you educate your clients, build trust, and grow your business year-round. Clients trust plans with better ratings, so offering top-rated plans can build your credibility. What Are Star Ratings?

Out-Of-Pocket

Zywave

OCTOBER 25, 2024

Luckily, there are simple strategies you can use to improve client retention and build more security in your business. Build regular positive touchpoints into your communication strategy to keep clients engaged with your business. Everyone wants to make sure they’re getting the most out of every dollar.

Out-Of-Pocket

ProWriters

SEPTEMBER 23, 2024

Out-of-pocket costs in settlements are rising. Employees today are keenly aware of their rights and quick to take action when they believe employers violate those rights. In FY 2023 alone, the U.S. Equal Employment Opportunity Commission (EEOC): Received 81,055 new discrimination charges (a 10.3% increase over FY 2022).

Out-Of-Pocket

Bankers Insurance

AUGUST 8, 2024

Market value is based on factors such as lot size, building condition and location desirability. Replacement value depends on factors such as material and labor expenses, architect services, debris removal needs and building permit requirements. That’s where accurate insurance-to-value (ITV) calculations come into play. inflation).

Commercial Property

PSM Brokerage

JANUARY 7, 2025

The Affordable Care Act (ACA) has transformed the health insurance landscape, creating a wealth of opportunities for insurance agents to build successful careers. Becoming a licensed ACA health insurance agent allows you to help individuals and families find affordable coverage while building a steady income stream.

License

PSM Brokerage

DECEMBER 5, 2024

Why Agents Should Sell Aflac Medicare Supplement Plans When it comes to trusted names in the insurance industry, Aflac stands out as a company synonymous with reliability, innovation, and client-focused solutions. Medigap plans not only meet this need but also create opportunities for agents to build long-term client relationships.

Out-Of-Pocket Expense

PSM Brokerage

DECEMBER 5, 2024

Here’s what makes Allstate Medigap plans stand out: Trusted Reputation : With decades of experience, Allstate is a name that inspires confidence, making your job as an agent easier when selling their plans. Allstate, a household name in the insurance industry, is now bringing its trusted reputation to Medicare Supplement (Medigap) plans.

Out-Of-Pocket

Redbird Agents

JULY 12, 2024

Redbird Training - We offer live Redbird training classes for Producers every Tuesday and Thursday. The “1,2,3,4,5 method” of presenting hospital indemnity insurance will change your life, I promise! If it doesn’t, it’s because you don’t want to cross sell and make more money! Do you have to sell it to everyone?

Insurance

TGS

OCTOBER 3, 2024

Similarly, if the cost of building materials rises—something we’ve seen in recent years—insurance costs could also increase. So, not only do these add-ons keep you safe, but they can also keep more money in your pocket. Deductible Amount Your deductible is the amount you pay out of pocket before your insurance kicks in.

Premium

Cover4LetProperty

JUNE 1, 2025

Not only that, but if your property is mortgaged, it may typically be a condition of your contract with the mortgage provider that you have adequate buildings insurance in place in order to protect both your financial interests. So, what are the main aspects you might want to consider when buying your landlords insurance?

Damage

Bankers Insurance

MAY 16, 2024

Sustained losses inflicted by natural disasters spurred some insurance companies to pull out of the homeowners insurance market in high-risk areas, such as California and Florida, leaving residents with fewer options and higher prices. Prices for building supplies, such as lumber, concrete, masonry and steel, have skyrocketed in recent years.

Home Insurance

Jackson & Jackson

APRIL 10, 2024

It covers the physical structure of your building and its contents against fire, theft, and some natural disasters. Ensure that your property is accurately assessed to avoid being underinsured, which can lead to significant out-of-pocket expenses, or overinsured, which can unnecessarily increase your premiums.

Commercial Property

Triple-I: Homeowners Insurance

DECEMBER 3, 2024

With her reference to “investors,” Rangaswami took aim at a little-known, rapidly growing practice called third-party litigation funding (TPLF), in which investors with no stake beyond potential profit step in to fund lawsuits against corporate entities perceived as having deep pockets. Clear communication is key, the participants agreed.

Out-Of-Pocket

TGS

OCTOBER 3, 2023

The quote will be based on many factors, including your home’s age, building features, location and size, as well as your insurance score. A homeowners insurance quote is the proposed amount that you would pay an insurance carrier to cover your home. It can take up to a few days to get your quote, depending on the carrier or agency.

Insurance Quotes

Protect Commercial Insurance

OCTOBER 4, 2024

Understanding Rising Interest Rates Image courtesy: Unsplash Interest rates are like the tide of the economic ocean—when they rise, they can have significant ripple effects across various sectors, including property insurance. To understand this, let’s dig into what causes interest rates to increase and how they have behaved over time.

Property Insurance

Freeway Insurance

DECEMBER 24, 2024

Even with natural disaster coverage, your policy might not fully account for the increased value of your property, leaving you unprepared for costly out-of-pocket repair bills. However, reviewing your home insurance policy on a regular basis is essential if you want to fully protect your property.

Home Insurance

PSM Brokerage

NOVEMBER 15, 2024

I’ve been trying to figure it all out, but it’s confusing. Since it’s [AEP/OEP], I wanted to reach out and offer a complimentary review of your Medicare plan. These are professional, compliant, and effective conversation guides that help you connect with clients and close more sales. Client: Hmm, maybe. I’m not sure if I need a review.

Agents

TGS

OCTOBER 25, 2024

Materials weaken, systems wear out, and even the most well-maintained property is subject to the natural process of aging. Inflation and Rising Repair Costs Just as the cost of groceries or a night out has increased, so too have the costs associated with home repairs and rebuilding.

Home Insurance

Word & Brown

NOVEMBER 7, 2024

Tell them how you have helped others save on their employee benefits or reduce workers’ out-of-pocket costs. Ask questions, so you can find out what’s most important to the employer or benefits manager. An EPO offers many of the advantages of HMO, but often it offers more flexibility when it comes to self-referrals.

Out-Of-Pocket

TGS

SEPTEMBER 11, 2023

As with most insurance policies, your property will be inspected to ensure it meets the Southern Building Code and the Federal Flood Construction and Zoning guidelines. In South Carolina, if you have a loan out on your home, you must have either wind and hail coverage or names storm coverage. What Coverage Does the Wind Pool Offer?

Insurance

PSM Brokerage

NOVEMBER 26, 2024

Client Communication Tools Why You Need It: From answering questions to providing support, effective communication is key to building trust and retaining clients. Let’s dive into the ten must-have tools every ACA agent should have in their arsenal to stay ahead of the competition. Features to Prioritize: Real-time subsidy calculations.

Agents

Peter J. Fournier

JULY 30, 2021

For example, one person might focus on out-of-pocket expenses. The more of these calls you make, the easier it will be to work out the kinks. Many agents are attracted to selling Medicare plans. However, they often fail to take the next step to sell Life Insurance. This can mean leaving a lot of money on the table!

Life Insurance

Smart Insurance Agents

OCTOBER 16, 2024

Unlike agents tied to one insurer, brokers work with multiple companies to give you unbiased options. This article will explain how brokers operate, the benefits of using one, and how to find the right broker for you. This independence allows brokers to provide unbiased advice tailored to the specific needs and budgets of their clients.

Insurance Broker

Agency MVP

DECEMBER 20, 2021

Research Your Customers Before you write out your marketing plan, take the time to do your research. By finding out these aspects of the dominant ethnicity of the area you are working in, you may be able to tap into another market that you had not considered before. Location: Where are you planning to set up and grow your agency?

Insurance Agency

Jackson & Jackson

MAY 22, 2024

“The Basics of Multi-Family Property Insurance” Commercial property insurance typically covers the building structure, fixtures, equipment, furniture, and inventory located within the property. . Multi-unit commercial properties in California offer investors the potential for significant returns.

Property Insurance

Client Focus

FEBRUARY 13, 2024

They’re trying to differentiate themselves out of competition altogether. When revenue-focused agents build their business around price competition and grinding leads. If you missed part 1 of this series, the link is here. Part 2 can be found here. A business with a strong niche isn’t trying to be “better” than the competition.

Out-Of-Pocket

Ease

MARCH 20, 2023

First things first: Know the lingo! Whether you’re a beginner or an expert, it’s important to check off each of these terms when analyzing your next insurance marketing strategy. From the beginning stages of creating a website, a new ad, or social media post to the final stages of reviewing data and nurturing new leads — there’s a term for it all.

Insurance

Smart Insurance Agents

SEPTEMBER 28, 2024

Looking for help with choosing the right medical insurance? A broker for medical insurance can simplify the process. In this article, we’ll explain the benefits of using a broker, how to find a reliable one, and key questions you should ask. Get ready to make informed health coverage decisions.

Broker