Finance

7 articles
Your Local Insurance Agent

Your Local Insurance Agent

Our Story Essential for life. A powerful protectant, zinc is woven through every form of life we know. So, by nature, our instinct is to protect, to insure. Seeking the best source for that protection, you come full circle: Welcome to ZINC. Symbiotic relationships keep life moving, advancing. This simple truth is at the heart of what ZINC does. Our…

Zn Dy feature logogotcha: A common term for a nasty practice, the “gotcha” is no laughing matter. This punch line can sock it to you, with series of hidden exclusions and limits that ultimately threaten your ability to file a legitimate claim. Even if you’ve done your due diligence and read the fine print, you could miss clauses and statements that negate coverage in specific circumstances—usually because coverage is assumed, and language is convoluted. Whether due to a disconnect between policy wording and business practices, or because of open-to-interpretation jargon, a “gotcha” is never a welcome surprise. So ask an expert to translate, before the joke’s on you.

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Zn Dy feature logomisselling: Prevalent within and without the insurance industry, misselling is a bad deal: products or services are sold without full disclosure of details and exclusions. Worse yet, information may be purposely hidden. It could also entail bad advice, stemming from lack of knowledge of the policy, the customer, or both. Either way, the coverage doesn’t fit the need, and consumers lose. Oftentimes commission-based payouts and corporate sales quotas are at the core: agents may be left no option but to conform. Yet another reason an independent agent has more (or less) to offer.

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The Insurance Industry’s Alter Ethos

The Insurance Industry’s Alter Ethos

Beyond the Big Box Talking Heads The notion of protecting our assets is nothing new—from ancient times, risks associated with safety and survival have been high priority. Merchants, mariners and diplomats alike have employed basic forms of insurance, proving that protecting what’s ours is vital to human society. Somewhere along the way though, insurance has become a must-have, must-hate. How…

Zn Dy feature logocontributory negligence: Lurking behind those affable corporate mascots, this legal principle, cleverly employed by big-box auto insurance providers to minimize payouts, can tip the scales of liability to favor an offender and leave the victim shortchanged even when fault may be clear. The argument is that you likely did some small thing that contributed to cause and therefore share liability. It’s the other side of naming your price or saving 15%.

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Retirement Investing and Personal Finance

Retirement Investing and Personal Finance

Las Doce Lunas Many moons ago – 12 to be precise – goals were set, ambitions supercharged, anticipation heightened. We certainly hope that in your case, within both personal and professional realms, greatness was realized. So, what is in store? Inquisitive minds want to know, and lunar cycles aren’t telling. As always, positive change doesn’t rely on a tenuous premise.…
Retirement Investing: Your 401 O(k)?

Retirement Investing: Your 401 O(k)?

Thursday morning’s seminar began and ended with in-depth dialogue. Annuity contracts, mutual funds, low- and high-risk investments, stocks and bonds; all the mechanisms hoped to be chugging along during the working years, paying for retirement. Mr. Wallace felt that knowledge was the best line of defense against uncertainty, and from the barrage of questions his staff fired off, he was…