The Daily Horizon

Featured Article

When did Transamerica buy monumental life?

2014 Monumental Life Insurance was rolled into Transamerica in 2014. Transamerica sells term, whole, universal, indexed universal, and final expense insur...

Read Full Article Browse technology trends

Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

What does incidental authority mean?

Incidental authority is simply authority to do incidental acts that are related to a transaction that is authorized. Incidental authority may be exercised...

Are all CPT codes accepted by all payers?

Documentation rules are standardized for all payers nationwide, there are no frequency edits (the number of times a provider can bill a CPT code each year...

What does the average life insurance agent make per year?

$95,000 per year Life insurance agents in the United States make an average salary of $95,000 per year or $45.67 per hour. People on the lower end of that...

How can I check my car insurance now?

Check Car Insurance Policy Status Online through VAHAN Visit VAHAN e-services and navigate to the tab marked “know your vehicle details” on top of the pag...

What are the characteristics of a 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...

What are layers in reinsurance?

Layer. A horizontal segment of the liability reinsured, e.g., the second $100,000 of a $500,000 liability is the first layer if the ceding company retains...

What was the Federal Deposit Insurance Corporation designed for?

The FDIC, or Federal Deposit Insurance Corporation, is an agency created in 1933 during the depths of the Great Depression to protect bank depositors and ...

Is insurance considered an asset?

An asset is something you invest in with the hope of receiving a return on your investment. Whole life insurance and other types of life insurance with a ...

Do minor accidents affect insurance?

The overall severity of an accident and cost of a claim can impact rates. A minor fender bender typically doesn’t have the same impact as a major accident...