PH. 321.729.0934

Thames Water

Can You Stay on Covered California After Age 65?

Reaching age 65 is a major milestone that opens up Medicare eligibility. So can you stay on your Covered California health plan after turning 65? In most cases, you will need to switch from Covered California to Medicare when you become eligible. However, there are some exceptions that may allow you to keep Covered California … Read more

Does Coinsurance Apply to Actual Cash Value (ACV)?

Coinsurance is a common provision in commercial property insurance policies that requires the insured to carry a certain amount of coverage relative to the total value of their insured property. If the insured’s coverage limit falls short of the required coinsurance percentage, claims payments can be reduced. But does the coinsurance penalty apply when claims … Read more

What is the difference between fronting and reinsurance?

Fronting and reinsurance are two common arrangements in the insurance industry. While they share some similarities, there are important differences between these structures. Understanding fronting vs. reinsurance helps explain the purpose and mechanics of each. What is Fronting? Fronting refers to when one insurance company (the fronting company) issues an insurance policy, then transfers all … Read more

What is a Counter Offer in Term Life Insurance?

When applying for term life insurance, you may receive a counter offer from the insurance company instead of the initial quote you were expecting. A counter offer adjusts the terms, conditions, or price of the policy from the original quote. Understanding what a counter offer is and how to respond can help you make sure … Read more

What’s the Difference Between Basic and Premium Insurance?

When purchasing insurance, you’ll often see policies divided into “basic” and “premium” coverage. But what exactly is the difference between basic and premium insurance? In short, premium insurance provides more extensive coverage at a higher cost, while basic insurance is more affordable but limited in scope. Understanding the key differences can help you determine the … Read more