Most of us know how much we earn each month in wages or a salary, but have you ever taken the time to sit down and calculate exactly how much household expenditure you have each month? You may be unpleasantly surprised when you do the calculations and see the cumulative amount of all those payments and out-goings. There is the mortgage payment or rent for accommodation, council tax or local rates, credit card payments, loan debt repayments, electricity bills, fuel bills, water rates, phone bills and mobile payment plans, pension and savings commitments, insurance payments, hire- Purchase repayments, car, motoring and travel expenses. And that is all before you have had anything to eat or drink or put shoes on your feet. If you have dependents such as children there are new school uniforms to be paid for, Johnny's football fees and Victoria's piano and ballet lessons. If you are […]

I am an insurance salesman and I think that most of the business sucks. Here is what I mean. Daily if not almost hourly I am approached by someone new who wants me to sell their products for them. The pitch is always the same. Commissions and service. If I sell their products I will get higher commissions. Experience has taught me that this is nothing but a lie. Almost all commissions paid by insurance companies are the same. The difference is how much are these marketing companies taking off the top. They all want me to sell their products so they can make more money off my hard work and my personal investment in marketing. It is nice deal they have, I work and they get paid. Think of an insurance product like a three legged stool. One leg is the client’s interest, one leg is the company’s interest […]

Problem #1 Prospects have more sales resistance training than agents usually have in sales presentation skill. Prospect response to insurance agents is designed to get as much information as possible and be in control of the situation. Prospects often mislead insurance agents about their intentions, how much they’ll spend, who makes decisions, etc. The prospect intent is designed to turn agents into unpaid consultants, lead them on until they have all of the information they need, and often use their quotes to compare with their current agent or a competitor. When prospects have what they need, they stop returning the agent’s phone calls. Does this make prospects bad people? Of course not. We all use this system for dealing with salespeople…it’s almost second nature. Why do prospects do this? It’s simple. It works. The stereotype of an agent is not a good image for most of us, and prospects are […]

An individual who wishes to buy cheap car insurance must outline a certain strategy to which he would adhere to while looking for the right insurance policy in order to be aware of the various factors governing the purchase. This would not only help him to acquire insurance on his vehicle as per his individual requirements but would also enable him to avoid wasteful expenditure. While chalking out a strategy, the first point which should be kept in mind is to ascertain one's personal needs as regards car insurance and this should be done as practicable as possible keeping in mind the existing circumstances. Some of the points which need to be pondered over by the insurance seeker are the amount of coverage which is to be bought, the deductible as it would determine the monthly payment and the existing laws of the state governing the category of auto insurance. […]

A new article on June 3, 2009 from MSN Money writer Michael Brush indicates that there is a third wave of foreclosures still to come from prime borrowers (i.e. those previously “safe-borrowers” with sound credit and fixed-rate mortgages) as a result of job losses thanks to the worsening economy (“Coming: A 3rd Wave of Foreclosures”). The article states that “In the first quarter, the percentage of these borrowers who were behind on their mortgages or in foreclosure had doubled from a year earlier, to nearly 6%” and goes on to say that “Credit Suisseanalyst Rod Dubitsky predicted last week that 8.1 million mortgages, or 16% of all mortgages, will go into foreclosure over the next four years. A weak economy, continued declines in home prices and rising delinquencies among prime borrowers all but ensure that foreclosures “will march steadily higher,” he says.” Not such great news for the economy, but […]

I am going to give some insight into how to reduce what you spend on your home insurance and get affordable home insurance coverage. To benefit from this advice, you would need to make a commitment to put them into work. With information and will, everyone can save on their home Insurance. Getting locks on your windows would get you a more affordable home insurance coverage. If you however want to get an even lower rate, you can achieve this by putting burglary proof bars on your windows. This will ensure further lowering of your rates. So if its not something you mind, do it and lower your rates. Insurers are concerned about the likelihood of claims being made. The higher the likelihood, the higher the rate. If you make the exterior of your home fire-safe by at least cutting the bushes around your home, keeping them at least 10 […]

Critical illness insurance is a relatively new type of policy that is frequently misunderstood. Today, we will clarify what it is, and what it covers. How Does Critical Illness Insurance Work? Critical illness is similar to term life insurance, except it is paid out when you are diagnosed with an illness covered by the policy, rather than being paid out upon death. However, some people confuse this type of insurance with disability insurance, which substitutes your income if you become disabled. Illness insurance, like term life insurance, is paid in a lump sum, should you be diagnosed with a pre-defined disease such as cancer. You decide how this amount will be spent – some people put it into additional medical treatment (especially if there are some treatment methods that are not covered by provincial healthcare), others decide to take time off work to spend with family, or to travel. As […]

There are several reasons why a cars AC may not cool when at a stop and blows cool only when moving. The most common reason is the cooling fan for the condenser is not working. It’s important to know that many times the cooling fan is shared by the radiator and condenser, other times there are TWO separate ones. The reason why a bad cooling fan can affect the AC so drastically is the fact that heat from refrigerant (Freon) is normally cooled when passing through the condenser. So even if the condenser fan is NOT working, it may not affect the AC while the car is moving at highway speeds. This is because air is passed through the condenser when driving down the road so the fan is not needed. When the car is at a stop, the condenser is totally dependent on the cooling fan to cool it down. Sometimes the cooling fan may be working, but it may be moving too slowly to sufficiently cool the condenser. To check the motor, a test light […]

Anyone that is a dog owner knows just how important that pet is to the family. This is why it is a good idea to look into dog insurance. What this does is actually ensures that there will not be an issue with high costs of medical procedures that your dog may require. The simple fact is vets can be very expensive. While we all know how costly medical treatment can be for humans, people often become shocked when they see a vet bill. If you love your pet and wish to enjoy them for as long as their natural life will permit, then you should do both of you a favor and look into this type of policy. Your dog will thank you, and you will have the peace of mind in knowing that you are there for them. Costly Surgery Usually one of the most expensive situations that […]

If you would enjoy a medical billing career but wish to work more on the side of the patients and insurance companies getting billed for medical care, a medical billing advocate position may be ideal for you. Becoming a medical billing advocate is not very difficult and can contain the same education you would receive for a medical billing career within a medical facility. The major difference in your duties is that you won’t be billing patients and filing insurance claims, but acting as a billing consultant that looks over medical bills to ensure there aren’t any unnecessary or mistaken charges or upcoding present. Upcoding is an act that has been found to be fraudulent and consists of patients being billed for a higher level service than was actually received. This is illegal and as a medical billing advocate, you would be pointing out these errors. Getting a Higher Education […]