Archive for December, 2012

How to Get a Connecticut Insurance Producer’s License

How to Get a Connecticut Insurance Producer’s License

| December 12, 2012 | 0 Comments

The state of Connecticut requires all individuals and businesses that engage in insurance transactions for a fee to have a valid CT producer’s license. The producer’s license is also known as an agent or broker’s license. The license may go by several different names, but there is only one process for obtaining one. To get […]

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What is Extended Coverage Insurance?

What is Extended Coverage Insurance?

| December 10, 2012 | 0 Comments

Extended coverage is an endorsement that when added to a standard property policy it provides additional coverage. You cannot purchase extended coverage as a standalone insurance policy. The best way to understand extended coverage is to start with the standard fire policy to see why extended coverage is needed. Standard Fire Policy The standard fire […]

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How to Obtain an Ohio Insurance License

How to Obtain an Ohio Insurance License

| December 10, 2012 | 0 Comments

The Ohio Department of Insurance requires its insurance professionals to hold an insurance license before engaging in insurance transactions. Ohio offers several types of insurance licenses which include but are not limited to Property, Casualty, Personal, Life, Title and more. Visit the Ohio Department of insurance website for a complete listing of the available insurance […]

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Employers Quarterly Tax Return Form (Form 941)

Employers Quarterly Tax Return Form (Form 941)

| December 5, 2012 | 0 Comments

Federal tax form 941 is called the Employer’s Quarterly Federal Tax Return. Employers must use this form to report wages paid, tips employees received, federal income taxi withheld, employer and employee share of Social Security and Medicare taxes, adjustments to Social Security and medical care taxes that were made this quarter and credit for COBRA […]

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