Understanding Workers’ Compensation Insurance

Business insurance policies that offer medical treatment and wages when an employee is injured on the job. Furthermore, this coverage typically provides rehabilitation services and death benefits – and may even be required by law. Workers’ compensation premiums vary based on factors that include loss frequency and severity; additionally, payroll estimates that are audited regularly …

Microinsurance: A Lifeline for the Underinsured

Microinsurance is a type of insurance designed to provide affordable coverage to people who do not have access to traditional insurance policies. It offers financial protection against various hazards, such as illness, accidents, deaths, and natural disasters, and is targeted at low-income groups, especially those in developing countries. Microinsurance is designed to help underinsured individuals …

What You Need to Know About Microinsurance

Microinsurance is a growing segment of the insurance industry that helps low-income individuals and families obtain affordable insurance, especially in developing countries. Its purpose is to protect vulnerable people from financial hardship caused by not knowing what will happen to their health, life, disability, property, and other assets. This article discusses what microinsurance is, what …

How Loyalty Programs Can Help Lower Insurance Costs

In a highly competitive market, insurance companies are always looking for ways to retain customers. Loyalty programs that offer long-term policyholders benefits, discounts, and ways to save money are becoming increasingly popular. Loyalty programs can lower insurance costs, which is attractive to individuals and families who want to keep their premiums lower in the long …