Portland insurance co. seeks to grow Mainebiz Daily
04.05.10
Jarrod Maxfield is blessed with a great opportunity accompanied by a very difficult challenge. His insurance business, Your Coverage Matters in Portland and Saco, has experienced dramatic growth during the last two years with sales that increased from $500,000 in 2008 to $2 million in 2009 as his core national insurance clients doubled from six to 12.
He projects sales of $5 million in 2010. Now he just needs to hire 50 people who he can train as licensed life and health insurance agents so he can meet his clients' needs.
"Our problem, which is a good problem to have, is we can't keep up with the growth," says Maxfield, the firm's president and CEO.
Maxfield says the company wants to hire 50 people by Aug. 1 who are willing to train in house before they seek additional training to obtain their required state insurance licenses. Some of their clients include insurance giants such as All-State, Chartis, and Fairmount, Maxfield says.
His hope is that Your Coverage Matters will sell affordable health and dental insurance plans in addition to the regular life insurance products its 20 licensed agents already sell to customers in 30 states.
Source:
Supplemental dental insurance
Brought to you by: Dental Irrigator. Health insurance plans seldom cover one’s dental needs; although certain dental procedures are covered by regular health policies, their number is pretty limited. Therefore, the necessity of supplemental dental insurance is more than obvious. In the absence o a dental plan, dental services cost a small fortune, which may be far beyond the limits of one’s normal budget. Even if the costs don’t get covered completely, yet, your financial participation in the various dental plans will count significantly in the eventuality of a treatment. Although highly efficient, supplemental dental insurance does not substitute the primary insurance.
To many people, supplemental dental insurance represents a voluntary type of dental coverage; an exception here is the health policy provided by an employer in the form of a bonus. The very idea of getting a supplemental insurance grew out of the work crisis and instability that we face at present. Only some employers provide dental coverage, while others have have cut back on such facilities drastically because of the high increase of the dental insurance expenses in recent years. The the plans based on opt-ins and opt-outs enable employees to refuse or accept a basic dental coverage and contract a form of insurance purchased without intermediaries from the dental companies.
Discount dental plans could function as supplemental dental insurance in the direction that they reduce the costs of the treatments for the members to the insurance programs. In return for a monthly or a yearly fee you pay to an insurance company, you get a card that allows you to visit any doctor within the network and get discounts for all the treatments.
The fees are considered pretty advantageous, ranging at around $5 per month for every insured person. There are other forms of supplemental dental insurance available, some of them applying to certain categories of users.
Student insurance for instance can be labeled as supplemental, but only depending on the circumstances. When they turn 18, children will cease being included in their parents’ dental health plan.
