Information covered in the Illinois Insurance Association blog is intended to provide general information and guidance, and should not be considered legal advice.
Mar 20, 2019, 4:30 AM
An insurance company assumes health risk and is responsible for paying claims under group health insurance plans. Self-funded plans provide similar health benefits, but claims are financed by the employer. Click on the link to learn more.
Feb 27, 2019, 4:21 AM
Just a few inches of water can cause major property damage. Homeowners insurance policies exclude flood-related damage but coverage is available as a separate, stand-alone policy.
Feb 20, 2019, 5:54 AM
Swollen waterways and heavy rains may lead to flooding in the weeks ahead. Review flood safety procedures to protect yourself and your loved ones.
Feb 13, 2019, 3:45 AM
This is a health care term that stands for pharmacy benefit manager. Health insurers, self-insured employers, unions and government entities contract with pharmacy benefit managers for prescription medication assistance.
Feb 6, 2019, 4:27 AM
The landlord can insure the apartment building and unit built-ins because he owns this property. The building owner does not own and cannot insure your belongings. Consider buying renters insurance.