Mark Manaton - Health Insurance Specialist’s Post

Stop-loss insurance provides essential financial protection for self-insured entities. Managing it effectively requires careful planning, continuous monitoring, and robust administrative processes. Learn more @healthcostiq. https://hubs.ly/Q02DqgVX0 #stoploss #selfinsured #savings #healthplan #grouphealthinsurance #insurance #claims #employeebenefits #selffunded #transparency

While insurance companies should clearly lay out the terms and conditions applied to the policyholder, the latter should also reciprocate the same by disclosing crucial information; Here's all you need to know. https://trib.al/jbYb3gZ

Sone really good advice from our client lead in this sector. Please do get in touch if we can assist you with any risk and insurance challenges

Within the insurance industry, actuaries work hard to shape the policies that protect individuals and businesses from unforeseen risks. See just how Actuaries influence insurance policies in our latest blog. 🔎 👉https://hubs.ly/Q02M2xnB0 #Actuaries #Insurance #BlogPost #InsurancePolicies #InsuranceEcosystem

SPOTLIGHT on... Fourth Insurance Reform Implementation Report published #insuranceindustry #reforms #legislation #implementation https://lnkd.in/gPEB4eqV

Insurance in the Care Sector, much the same as other sectors, has faced challenges in the past four years. The pandemic was arguably the most expensive event in recent years to hit the insurance industry with travel cancellations, business interruption claims, investment losses, and general uncertainty regarding future liability exposures. Griffiths & Armour Client Services, Director, David Erskine discusses: - What was the impact of Covid-19 on the insurance market for the #CareSector? - What to expect for the Care Sector insurance market in 2024. - 5 Tips when presenting risks to insurers. https://lnkd.in/eSaaf8Sn

The #combinedratio is one of the most important ratios used in evaluating an insurance company's profitability and financial health, but what exactly is it? Why is it important? What are its limitations and how can we improve it? Take a look! http://ow.ly/CH9z50NQSIh

Insurance is a necessary component of life that protects against financial loss due to unexpected events. However, depending on your circumstances, there are some insurance features you don't need. With insights from Todd Greenbaum, CEO & President of Input 1, this article discusses 7 costly insurance features you absolutely don't need. #Insurance https://lnkd.in/gCVgVQvA

Nova Scotia Court of Appeal Orders Interest Payable under Disability Policy Based on Required Medical Evidence Submitted "David Peters had two life insurance policies: a group life insurance policy through Great-West Life as well as an individual life insurance policy issued by London Life. The Great-West Life policy provided a death benefit of $350,000 as well as an additional $350,000 for accidental death whereas the London Life policy provided a life and accidental death policy of $25,000. Mr. Peters’ wife, Susan Peters, was the beneficiary of both policies." https://ow.ly/gbPT50R6NQI Sometimes getting to “DONE” is as simple as coffee & conversation. How about we have a chat… #groupbenefits #employeebenefits #consulting #leadership #communication #culture #compensation #wellness #employeeengagement #cgib Humans serving Humans

🔍 Understanding Key Life Insurance Terms and Concepts 🔍 Life insurance can be complex, but understanding the key terms can help you make informed decisions. Here are some important concepts to be familiar with: 𝐅𝐫𝐞𝐞 𝐋𝐨𝐨𝐤 𝐏𝐞𝐫𝐢𝐨𝐝: A time frame in which you can review and cancel your policy without penalty. 𝐈𝐧𝐜𝐨𝐧𝐭𝐞𝐬𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐂𝐥𝐚𝐮𝐬𝐞: Prevents the insurer from voiding coverage due to misstatements by the insured after a specified period. 𝐎𝐯𝐞𝐫𝐢𝐧𝐬𝐮𝐫𝐞𝐝: Having more insurance coverage than necessary. 𝐑𝐞𝐯𝐢𝐯𝐚𝐥 𝐏𝐞𝐫𝐢𝐨𝐝: Time allowed to reinstate a lapsed policy. 𝐏𝐚𝐢𝐝-𝐮𝐩 𝐕𝐚𝐥𝐮𝐞: The reduced sum assured that remains after you stop paying premiums but retain the policy. Want to dive deeper into these concepts? Read our latest blog post! https://bit.ly/4648xIM #LifeInsurance #InsuranceTerms #FinancialPlanning #LifeInsurancePolicy #InsuranceKnowledge #InsuranceEducation #Policyholder #FinancialSecurity #InsuranceTips #StayInformed #LifeProtection #Insurance101 #FuturePlanning #SecureYourFuture #PolicyDetails #InsuranceAdvisor #InsuranceExpert #LifeCoverage #InsuranceInfo #LifePolicy #InsuranceAwareness