lets say a huge earthquake hit.. uh.. NYC
there are.. lets say 10000 casualties… wont the life insurance companies be.. kinda … screwed?… thats a lot of money they have to give out…
what happens if a natural disaster hits?
the life insurance companies pay is what.
natural disaster is a covered peril.
not to worry — they’re really very, very good at making a profit anyway.
I have an interveiw with Farmers Insurance company coming up. I was wondering about how they treat their employees at Farmers, What kind of pay is made-commission or salary- and any overall information. I only have my license in casualty insurance and would probably have to get my other lines of license, but if things dont line up, will it be worth my while?
They treat their employees terrible. The hours suck and the pay isn’t worth it.
I have an interveiw with Farmers Insurance company coming up. I was wondering about how they treat their employees at Farmers, What kind of pay is made-commission or salary- and any overall information. I only have my license in casualty insurance and would probably have to get my other lines of license, but if things dont line up, will it be worth my while?
INTERVEIWING FOR A CSR POSITION
What position are you interviewing for? I’ve know many claims people that say that Farmers works the crap out of them. But then again, most claims people are overworked.
I received a call from this company and they offered me the sale position job, and they scheduled me to go their office for a meeting. I was very surprised by this call, and i looked their website and it seems it’s a famous insurance company. So, I worked in the store before costumer service associate, but i don’t know if it’s a right job for me. I don’t know if i go the meeting or not? does anyone know anything about the company career or have worked for them? Help
I have a career at Bankers Life right now. I’ve been doing it for 3 years and it changed my life. However it’s not for everyone. Go to the meeting. It doesn’t cost you anything, but time and if you fit it will be the best decision you’ve ever made. GO!
I just got my property & casualty life & health license….I want to be a insurance agent….I dont have any preferences on what I’d rather sell.
Pretend your me……Who would you rather work for???
It’s always better to go multi-line. In addition to the companies you named, you may want to try Nationwide. You might have to work as an associate, but you’ll get the experience.
After you get about three to five years experience, you may be able to purchase an agency from the company, if someone has retired, died or quit.
If that doesn’t come about, with the experience, you may be able to start your own independent agency from scratch, or purchase one from a retiring agent.
I built an independent agency, and sold it in 2006, when I retired.
I’m trying to help a friend get a hold of an inheritance that an attorney is wanting to take a 33% chunk of to help her claim. one of those unclaimed money deals. i did a search on my friends name and found an insurance company that might have her listed but i don’t know if its a lead. the insurance company is
CONTINENTAL CASUALTY COMPANY
i looked up this insurance company to see if they offer such an insurance policy for life. can anybody help if they are familiar with this company? any help would be sooo greatly appreciated. GREATLY appreciated. it wouldn’t be very fair for a big lawyer to walk away with her money just because he knows something she didn’t.. 
i cant afford to really pay the fees these unclaimed websites ask for and so here i search.. hoping that this insurance company might offer some bit of hope 
your help is greatly appreciated.
OK, any unclaimed money deal that is asking you to PAY UP FRONT, is a scam. Insurance companies do NOT list life insurance policies anywhere – they are private transactions. They don’t know when someone dies, until/unless a claim is filed. There is no public record you can search at. Those "unclaimed fund" websites do NOT include insurance policies.
Dollars to donuts, someone is trying to scam you for a "search fee". Key word? "an insurance company MIGHT have her listed."
Here’s a REAL website, where the EXECUTOR OF THE ESTATE ONLY can send in $75, and ask if she’s applied for any policies in the past ten years. It only works for 10 years, and it doesn’t show active policies, ONLY APPLICATIONS.
http://www.mib.com/html/lost-life-insurance.html
But frankly, it’s MORE effective, and cheaper, to just go through the cancelled checks for the past 4-5 years, to see what company she was paying. See, you have to PAY for life insurance every year. So the executor of her estate can ALSO go to her bank to get old statements from her checking account, at maybe $5 a statement.
Oh, and here’s the information you were asking for about Continental – owned by CNA, a major player in the insurance field:
Continental Casualty Company
(a member of CNA Insurance Companies)
A.M.Best #: 02128 NAIC #: 20443 FEIN #: 362114545
Stock Ticker: New York Stock Exchange NYSE CNA
Address: 333 South Wabash Ave., Floor 22
Chicago, IL 60604
Phone: 312-822-5000
Fax: 312-822-6419
Web: www.cna.com
Hi,
I need some clarification. My company rents vending machines to hotels. We offer a general liability insurance on the equipment and products.
A new customer asked that we add a casualty insurace on the equipment and the products.
Is there any difference? If so, could you please explain me what? Maybe examples on how they would come into effect could help me understand better.
Casualty insurance is a much broader term that would include liability insurance. Your GL policy should be sufficient to satisfy your customer. Ask them exactly what they would like and they will probably describe what your GL policy covers. If not, then let us know what they say and we will attempt to help.
I have my certificates in Property & Casualty and Life and Health and also completed classes in Series 6 & 63. Once I get my license can I just sell the insurance carrier’s product lines without joining an insurance company?
Write a exam for it
I don’t know much about this field. I have a meeting with someone from Bankers Life and Casualty company. Is this a good company to work for? If not what are other good companies out there? Do you get paid by commission or how does it work? Is this an easy career and are there opportunities for advancement in this field? Any info that you can give me will be appreciated. Thanks.
Well insurance is a tough industry to break into but can be VERY rewarding if you are hard working and persistent.
An agent will provide their clients with professional advice on which types of insurance to buy, what limits to buy, and then they obtain quotes and provide them with their options.
In this case you would only be representing Bankers Insurance. (Bankers is the insurance company) you are a representative acting on behalf of Bankers. There are pro’s and con’s to working for one direct company:
Pro: you can learn the products and coverage very well as you work with the same products day in and day out.
Con: You work with the same product day in and day out
Sounds stupid but an independent broker (what I do) has access to multiple and often times dozens of different insurance companies to shop to on behalf of their client. So I can go out and get mutiple quotes from various insurance companies and more often then not find the solution for my client.
If Bankers does not offer the solution your prospect is looking for…then what? You don’t get the sale thats what.
I would recommend being an independant broker over a direct agent but thats just my opinion.
As for your pay, if you decide to get into the lucrative insurance industry ask for a base salary. This is guaranteed money and you are not working off commissions up front. They might offer you a draw which is similar to a salary but you are paid based off your performance and/or the amount of policies you sell and if those policies cancel you owe that money back (don’t go this route).
I have a friend that worked for Bankers they paid him off commissions only. right now this is a tough tough way to survive.
Good luck
I hit into the back of someone and it wasn’t my fault. It was unavoidable as the person I hit into was ‘parked’ dangerously on a dual carriageway (and I couldn’t have seen him for miles as I was behind a large van, not right behind it, and on a straight road). The insurance company have said I’m liable because: (1) Someone has to be (2) It’s harder to prove the other car was at fault (3) If someone hits into the back of someone else it’s their fault. Thing is, they’ve made this decision before even receiving my ‘Accident Report Form’. So I’ve looked up the word ‘accident’ in the dictionary and here’s what I found:
1. An undesirable or unfortunate happening that occurs unintentionally and usually results in harm, injury, damage, or loss; casualty; mishap: automobile accidents.
2. Law. such a happening resulting in injury that is in no way the fault of the injured person for which compensation or indemnity is legally sought
Interesting difference dont you think?
Anything that’s parked is going to not be at fault in a collision.