Tag Archives: Insurance Broker

My Broker’s Advice About My Discontinued Policy

In August of 2012, my health insurance company, Anthem, sent me a letter telling me that my policy had been discontinued. Naturally, I panicked. I need health insurance, and this was the only plan I could afford. Later, they sent a letter telling me they were raising the premium cost. What to do? Here’s what my insurance broker advised. After several unsuccessful attempts to find affordable health insurance, I went to see an insurance broker. This brilliant woman found me a plan that was comprehensive and that had a premium that was low enough for me to afford. If I … Continue reading →

Top Reasons to Use an Insurance Broker

Have you ever used an insurance broker? There are so many good reasons to do so! Using an insurance broker to find a good, affordable, health insurance plan is a great idea. Here are the top reasons to go ahead and seek out the assistance of an insurance broker. Insurance brokers are experts. They know more about the current and upcoming laws, rules, and regulations that affect health insurance than you will. An insurance broker can tell you if the health insurance policy you are considering buying will not be considered to be a sufficient plan in 2014. They can … Continue reading →

What is an Insurance Broker?

There isn’t really any difference between an Insurance Broker and an Insurance Agent. An Agent is the representative of the insurance company a customer buys the insurance they need from. The insurance company provides the insurance coverage and the agent or broker is licensed with the state and appointed by the insurance company to represent them for the business with the customers. Captive or Direct Insurance Agents are employed directly by the insurance company, and work for that insurance company only. An Insurance Broker is an independent insurance agent who is appointed by a variety of insurance companies to represent, … Continue reading →