Direct vs Non Direct Recognition Life Insurance

Direct Recognition vs Non-Direct Recognition, which one is better? Which one do you want? When an insurance company issues a contract they agree to assume certain risks on behalf of the policyholder in exchange for a premium. One of the risks they have to assume is the risk associated with providing loans to policyholders who want to leverage their death benefit to take a policy loan. 1. They can force ALL policyholders to assume the risk associated when someone takes a policy loan against their policy. (this is called non-direct recognition).

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Texas Mutual Insurance Company

Texas Mutual Insurance Company, the state's leading workers'​ compensation provider, has a strong foundation of success. We insure 40% of the Texas workers'​ compensation market, which means that more than 64,000 business owners rely on us to meet the needs of their 1.4 million workers every day.

OTHER VIDEOS

Digitizing Underwriting with Mendix and Capgemini

video | April 13, 2023

The underwriting process is critical for insurers. But manual processes, spreadsheets, and data from disparate silos slow down the process and make audit trails a nightmare. All that means a lot of stress on systems and employees, plus a less-than-ideal customer experience. Fortunately, it doesn’t have to be that way. With the P&C Underwriter Workbench from Mendix and Capgemini, you can optimize and digitize underwriting, leading to efficiency, effectiveness, and increased productivity. Connect with your core systems and data sources to make data-driven decisions. Customize every aspect to make an offering that’s uniquely yours....

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The Power of Voluntary Employee Benefits

video | April 5, 2023

Are you aware of the impact that voluntary employee benefits can have on your workforce? If not, you're missing out on a powerful tool that can help you attract and retain top talent. In this video, we explore the world of voluntary employee benefits and how they can benefit your organization. Discover the hidden benefits of voluntary employee benefits that will help you take your organization to the next level. In this video, we'll explore the various benefits of voluntary employee benefits and how they can impact your workforce. We'll cover things you need to know about voluntary employee benefits, including some of the types of benefits available,...

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Cyber insurance is only useful in tandem with proactive cyber risk management

video | March 21, 2023

Are you confident that your organization has effective internal cyber controls? Don't leave your security to chance. Our team of specialists is ready to help you identify and mitigate your cyber risks, with 365-day support. Reach out to us now and ensure your peace of mind....

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Is your business protected from a cyber attack?

video | January 18, 2023

A DDoS (distributed denial-of-service) attack is a type of cyber attack designed to overload a targeted server, service or network with excess traffic. Unfortunately, DDoS attacks and other cyber threats are on the rise. In this video, Higginbotham cyber partner Stacey Horne of the Stillwater Ecosystem details what you need to know about DDoS attacks and what you can do to help prevent them....

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Spotlight

Texas Mutual Insurance Company

Texas Mutual Insurance Company, the state's leading workers'​ compensation provider, has a strong foundation of success. We insure 40% of the Texas workers'​ compensation market, which means that more than 64,000 business owners rely on us to meet the needs of their 1.4 million workers every day.

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