Episode 7. Stop Loss Lock Period
Understanding the Stop Loss Lock Period, and how it impacts your ability to purchase a "Firm" stop loss proposal.
Understanding the Stop Loss Lock Period, and how it impacts your ability to purchase a "Firm" stop loss proposal.
Stop Loss Aggregating Specific Deductibles are one of my favorite ways to lower fixed costs! Also know as Aggregating Specs or Agg Spec Deductibles, these are a great way to reduce your premium in exchange for an equal amount of claims risk. Hope you enjoy!
Explanation of a geeky underwriting term, that has a real world impact on your stop loss renewals
Understanding the stop loss contract basis, and why it is crucially important to align your contract periods year over year to fully manage your claims risk.
This video introduces the concept of the "Aggregate Corridor", how it's used to calculate the "Attachment Point", and why self-funded employers can use this corridor to better predict and manage their total claims risk.
A basic introduction to Specific and Aggregate Stop Loss Insurance