technology trends
Do you have to pay taxes on life insurance money?
Any money paid as a death benefit to a beneficiary is not subject to any federal or state income tax. There are no exemptions or surprises to this rule. I...
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How much profit do health insurers make?
The health insurance industry con nued its tremendous growth trend as it experienced a significant increase in net earnings to $23.4 billion and an in‐ cr...
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Does adding someone to your insurance make it go up?
Simply adding a second driver to an already covered vehicle won’t always spike your rate. But if you’re adding both a driver and their personal vehicle to...
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Do you have a deductible with liability car insurance?
Liability insurance doesn’t require a deductible, but comprehensive and collision coverage usually do. Typically, the higher you set your deductible, the ...
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What can be changed in an adjustable life insurance policy?
Policyholders are permitted to make changes to key features of their policy within limits. They may increase or decrease the premium, increase or decrease...
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Can I drive with expired license in California?
A: There is no grace period. Once your California driver’s license expires, it’s expired and you can’t legally drive. According to California law, drivers...
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What are the characteristics of variable life insurance?
The main features of a variable universal life policy are a mix of those typically found in variable life and universal life policies: Your premiums are a...
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How do insurance companies inspect roofs?
A roof inspection is a report that evaluates the current condition of your roof. The inspector will tell if there are any missing or damaged shingles, lea...
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Are insurance brokers and agents the same?
There are two main differences between insurance agents and brokers: Agents represent insurers, while brokers represent consumers. Agents can complete ins...
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What do you see as the future of healthcare?
The future of healthcare is shaping up in front of our very eyes with advances in digital healthcare technologies, such as artificial intelligence, VR/AR,...
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