How do insurance companies decide who is primary?
Primary coverage generally comes from the plan that belongs to the parent whose birthday comes first in the year. So if one parent’s birthday is February ...
Knowledge Base
Latest insights and tutorials from the The Daily Horizon team.
Why the rule caveat emptor is not applicable in insurance contracts?
The caveat emptor principle does not apply when the seller provides false information to the buyer, or when there is a misrepresentation of the product. W...
Read More →Is driveway covered under homeowners insurance?
Your actual, physical dwelling should be covered, as well as some other structures on the property, like a garage, fence, driveway, or shed. However, if y...
Read More →How do you market insurance through email?
Here are 6 ideas to help insurance agents succeed with their email marketing: 1) Help, Not Sell. 2) Use Seasons As A Guide. 3) Run A Referral Contest Thro...
Read More →Is workers comp included in general liability insurance?
Does general liability insurance cover workers’ compensation? No, they are separate, but both important commercial insurance policies. General liability a...
Read More →What does other structures coverage cover?
Other structures coverage is the part of a homeowners insurance policy that helps pay to repair or replace structures other than your home, such as a fenc...
Read More →Does term insurance provide beneficiaries with both the face value of the insurance and the cash value?
Term insurance has a face value, but no cash value; you won’t receive a payout if you surrender the policy before the term is over. Permanent policies, ho...
Read More →Do I get my premiums back if I cancel life insurance?
Getting Money Back When Cancelling Your Life Insurance Policy. When cancelling a term life insurance policy, you will often have to pay fees or penalties....
Read More →How do insurance companies determine pre-existing conditions?
While insurers generally determine the presence of a pre-existing condition based on an applicant’s current health status, sometimes a healthy applicant c...
Read More →How is term insurance calculated?
One of the simplest ways to calculate your income replacement value is: insurance cover = current annual income x years left to retirement. For example, i...
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