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Posts Tagged ‘rate’

What is the typical commission rate and/or structure for making cold calls for an insurance agency?

07 Jun

I just started working with an insurance company to make cold calls to set up appointments for the agents. What is the standard procedure for the insurance industry? How much is typically paid per appointment made & what is the typical percentage amount paid to me once a policy is sold?

 
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Is there a way to find out an insurance company’s claim settlement vs. claims rate?

28 May

For example — for insurance company xyz — how many homeowner’s claims to did they have, how many did they pay?

I’m hearing issues with my insurance company having a trend of not paying homeowner claims without claimants filing law suits, etc.

 
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In an Auto Accident claims settlement, are medical bills settled at the adjusted rate or the invoice bill?

16 May

My health insurance paid my bills in an auto insurnace. The other party’s auto insurance is ready to settle but is willing pay the ‘negotiated rate/adjusted rate’ that my health insurance paid for and not the invoiced rate.

Ex. The actual MRI was billed at $1700 but the negotiated rate my health insurance paid was $400

Secondly, they are paying only 80% of lost wage

They are saying that this legally true citing House Bill 4.

Is this true?

I was under the impression, that they need to pay the total medical expenses (not the negotiated rate) and the total lost wage (not the 80% crap) plus pain and suffering

Please help and guide me

Thanks!
Is it a law to pay 80% of lost wage?
How much would be an appropriate Pain and suffering offer, if the special damages (medical and lost pay) is $6200
Because I pay a premium to my health insurance , we get a discounted rate – would the other party pay more considering I pay a premium every month to get the discounted medical rate?
I live in Texas, is there any specific law for texas?

 
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Generally, what is the interest rate when selling an annuity or structured settlement?

22 Feb

For example: JG Wentworth

 
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what is the federal current discount rate of future payments regarding structured settlements?

22 Feb

example i have an annuity payable til 2023 say total is 44k if i got release order what would be the actual pay out amount and what rate?

 
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