Allstate is known for its captive agency force of exclusive agents who only sell Allstate insurance products. However, Allstate also maintains an independent agency program that appoints independent agents to represent the company. So the short answer is yes, Allstate does appoint independent agents, but with some caveats. A Brief History of Allstate’s Independent Agency … Read more
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
Having multiple health insurance plans can provide more complete coverage, but it also requires coordinating benefits between your different plans. So how does secondary insurance work if you have Kaiser Permanente and another health plan? Secondary insurance kicks in after your primary coverage pays. The coordination process aims to maximize your total reimbursement while preventing … Read more
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
Seeing terms like “30 after deductible” on your health plan documents can be confusing. What do these numbers actually mean and how do they impact what you pay for healthcare? The “30 after deductible” refers to your coinsurance – the percentage you pay for care after meeting your deductible. Let’s break down what this means … Read more
The policy number is one of the most important pieces of information on a Kaiser Permanente insurance card. This number uniquely identifies the member’s health plan coverage. Knowing how to find and use the policy number is critical for accessing care and managing healthcare benefits. What Exactly is a Policy Number? The policy number, also … Read more
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
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
At some point, many of us find ourselves dissatisfied with aspects of our life. We fantasize about starting over, pursuing long-held dreams, or making a dramatic change. But change, especially substantial change, can be daunting. If you want to keep your current life situation largely intact, is that possible? Or does meaningful change require letting … Read more
Geico is one of the largest auto insurance providers in the United States. The company is known for its popular mascot, the gecko, and memorable advertising slogans like “15 minutes could save you 15% or more on car insurance.” While Geico offers competitive rates and extensive coverage options, one thing that sets them apart from … Read more