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Posts Tagged ‘qualifications’

Home Insurance Facts

According to an article from Insurance.com, buying a home is one of the largest single investments that most people ever make. When a large investment is made like this, protecting it comes into play with homeowners insurance.

Home insurance is required by most mortgage leaders, and most standard homes insurance policies provide coverage for damage caused by:

  • Fire and Lighting
  • Smoke
  • Theft
  • Ice and Snow
  • Frozen Pipes

Home Insurance covers property damage that is also caused by people living in the household. This includes basic insurance and if the home is impossible to live in due to a fire or any other major damage.

When buying a home through a mortgage loan, every lender will require one to purchase minimum home insurance coverage. The amount can be calculated by how much money it would require to rebuild your house entirely as a base starting point.

Buying homeowners insurance can become quite costly sometimes, especially when you have many items under additional coverage. In order to keep reasonable rates one might want to consider raising their deductibles first, which is the money one pays out of their own pocket for the damage before the insurance policy kicks in. A standard deductible within standard policies is $250, but raising it to $500-$1000, rates will go down by 15%.

Protecting one’s home is a smart, safe way to reduce the risk of using one’s homeowners insurance. Installing security features such as alarms or videos can help protect one’s assets and the insurance company is likely to give one a good discounted rate.

Contact Assurance Insurance Today

And Get Covered!

(979) 413-0000

How To Facts Emcompassing Life Insurance

Life insurance is a treaty created between two parties in which the insured individual agrees to pay the insurer a particular amount of fee on a regular basis.

Instructions

  1. Life insurance is a treaty created between two parties in which the insured individual agrees to pay the insurer a particular amount of fee on a regular basis. In exchange, the insurer is expected to hand over a particular sum of money to the recipients specified by these insured individuals upon the event of his death. Life insurance sprung from the desire of the insured individual to obtain peace of mind for the love ones they will leave behind as they depart from this world.
  2. The amount, coverage and date of maturity of life insurance contracts may vary, depending on the contents of the agreement signed by both the insurer and the insured individual. The policyholder must understand that the policies are only applicable to specified insured events such as deaths resulting from serious illnesses. Often, certain exclusions are stated in the contract such as deaths occurring from suicide, war and casualties that result from civil riot.
  3. There are various types of life insurance. Term life insurance is the simplest form as it yields money directly to the beneficiary upon the insured person’s death, this helps cover the burial expenses and the replacement of the deceased’s salary. The other types of life insurance are more extensive and more expensive. These include whole life insurance, universal life insurance and universal variable life insurance. The latter provides the policyholder with maximum control of cash value account policy features, affording one with premium flexibility and the ability to borrow from the policy even while they are still alive.

Contact Assurance Insurance Today

And Get Covered!

(979) 413-0000

How to Hire Employees – Part 1

HIRING EMPLOYEES

Part 1 of a 4 part series

Hiring employees is a process crucial to the success of a business, and as most successful small business owners know, the hiring process does not begin with the interview and end with the job offer. Rather, it involves planning and considering the job prior to an interview, recruiting and interviewing wisely to bring in the right person, and providing new workers with an orientation that enables them to get off to a strong start with the company.

WHEN AND WHO TO HIRE:

Prior to advertising a position, interviewing, or making a selection, the manager must consider several key aspects of the open position and the person they will seek to fill that staff opening.

CONSIDER THE JOB:

Any employee selection process must take place within the context of the larger business enterprise. An open position is an invitation to make positive changes in workforce structure. Does the job need to be created or filled? Does it need to be reorganized? These are questions that should be considered before beginning the hiring process.

First, consider the position itself. Prior to the employee hiring process, business owners must determine what tasks need to be addressed by the work force, and gauge how many people will be needed to accomplish that task. Consider the ideal functions and responsibilities of the job itself, not the person or persons who last held the position. At this point, it is beneficial to compose a job description and a job specification. The job description lists the duties and responsibilities of the job, and can include a ranking of the importance of each of these tasks. A job specification includes a listing of critical skills—those skills that are necessary for an individual to perform the job effectively. The job description and specification are tools which can not only aid the employer in finding the appropriate person to fill a job opening, but can also help guide the employee during his or her time with the business.

If the job exists and has been adequately defined, there is still opportunity to make changes to the position. Consider whether the position needs to be restructured. Are you asking that the job encompass too much responsibility? Are you asking too little? Small business owners might also want to consider whether the tasks associated with a position can be incorporated into one or more already existing positions. Often, it is not necessary to hire another employee, but only to re-evaluate present positions and re-design the work flow.

CONSIDER THE CANDIDATE:

After making sure that the position is thoroughly defined, consider the person that you want to fill the position. What skills, knowledge base, and personal traits will allow someone to successfully perform these tasks? Should the candidate have an advanced degree? What kind of personality would compliment the team? By consulting the critical skills in the job description, the manager will be able to get a solid idea of the type of candidate who will be most likely to successfully meet the challenges of the position.

A hiring manager should be careful, however, that they not become unduly idealistic in determining employment criteria. Few small businesses have the luxury of biding their time until the perfect prospective employee comes along. A would-be employee may not embody every single desirable trait on a business owner’s wish list, yet still provide a fundamentally sound performance. Ultimately, each business owner needs to determine for him or herself whether a prospect’s positives are sufficient to outweigh any negatives (in lack of experience, personality, or training) that they may carry with them.