Insurance Source Group

All about insurance

common

Reinsurance

164 ViewsReinsurance programs provide payments to health insurers to help offset the costs of enrollees with large medical claims. Today insurers will pass this subsidy on to consumers, so this program will reduce premiums (in aggregate) by roughly the amount…

Lloyd’s of London Insurance company

169 ViewsCompany Perspectives Lloyd’s of London is one of the world’s most established and oldest international insurance and reinsurance markets. And also transacting business worth billions of pounds in premiums every year. It is not an insurance company but a…

Insurable Interest

124 ViewsThe party purchasing the insurance must have an “insurable interest” in the insured item/person. Otherwise, the purchaser or other interested party will not be able to enforce a claim under the insurance policy. The Insurance Claims Complaints Bureau has…

Types of insurance

116 ViewsInsurance companies design insurance policies by grouping risks according to their focus. This gives a measure of uniformity in the risks that are covered by types of insurance. As well as it turn allows insurers to anticipate their potential…

What are short stocks

82 ViewsShort stock is also called as short selling and it is a proper trading technique used by investors that can provide big returns when done right. But with this, You have to get the confidence for losses which can…

Money Order

123 ViewsA money order is a type of document, normally issued by a government or banking institution, that allows the stated payee to receive cash on demand. A money order is like a check, in that the person who purchased…

Credit Union Account

72 ViewsCredit unions are an excellent source for savings accounts services, checking accounts services, and loans services. They’re usually a safe bet for finding free checking, and interest rates are always complex. As well as these institutions are local and…

surplus line insurance

96 ViewsSurplus lines insurance is a type of insurance where an insured may take coverage from an unadmitted, out-of-state insurer for cover the risk that standard or traditional insurers are unwilling or unable to insure. Usually, these are extraordinary or…

Workers Compensation Insurance

86 ViewsWorkers compensation insurance means insurance coverage for workers to protect all unexpected injuries and illnesses within the working time. The importance of this cover is workers can obtain medical benefits and wages when they face some injuries at the…