Preview

Judson Phillips: American Family Insurance

Good Essays
Open Document
Open Document
1348 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Judson Phillips: American Family Insurance
Judson Phillips is an Insurance Agent for American Family Insurance. He got his start in insurance in 2002 when he began as a certified sales representative for John Paul American Family Insurance Agency. Fresh out of college, with a degree in sports management, Judson had originally planned on working for John Paul only for a short amount of time while he saved up enough to put himself through law school. Judson never made it to law school though. When asked why he chose to stay in insurance, Mr. Phillips responded with “I didn’t choose insurance, it chose me”. Judson worked his way up in the business for 5 years until finally branching out on his own and developing his own agency in 2007. Since then he has worked hard to create and agency …show more content…
Some examples of the daily jargon used are: 1. Umbrella- which is an extra liability coverage for when the client’s original policy does not cover the full cost of the loss. 2. Waiver: A right to waive the policyholder’s obligation to pay further premium payments in the event they become disabled and cannot work. 3. Deductible: The amount a policyholder must pay for a loss before the insurance policy pays out. 4. Premium: monthly payment for coverage provided by a policy. 5. PIR- a personal insurance review for clients who haven’t reviewed their insurance in a while. 6. Warranty- promise by the insureds that statements made in the policy are true to the best of their knowledge. Some of these terms have a different meaning to those outside of the insurance industry. For example, some people tend to think of an umbrella as something that keeps them dry on a rainy day or a warranty as something that guarantees their money back if there is a defect in their product. These differences in speech are what makes the insurance industry so unique. Every agent and staffer are required to go through extensive training where they learn terms such as these so that they can effectively communicate within the agency. This exclusive language also brings about a sense of community within the

You May Also Find These Documents Helpful

  • Powerful Essays

    Dick Spencer Case

    • 1625 Words
    • 7 Pages

    Dick Spencer started his career at the Tri-American Corporation as salesman. As a salesman, Dick excelled and was admired by fellow colleague for his charm and his great success in sales. Dick was well educated in Business Administration and had an MBA from a well-known university. As a salesman, Dick’s charm, salesmanship, and ability to communicate effectively and relate to the customers provided him with much success. Dick enjoyed his success; however, the constant travel that came with job began to take a toll on his personal life and he began to struggle with work-life balance.…

    • 1625 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Under the insured’s businessowners policy, State Farm has a duty to defend and indemnify the insured against any “suit” seeking “property damage” to which “this insurance applies.” Accordingly, in order to fall within the coverage provisions of the policy, the following elements must be satisfied: 1) the person seeking coverage must be an insured; 2) the insured must seek a defense against a suit; 3) the suit must allege “bodily injury,” “property damage,” or “personal and advertising injury”; and 4) the insurance must apply. In the liability section of the policy there would appear to be little dispute that Kathryn Norman is an insured.…

    • 728 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Progressive Insurance

    • 383 Words
    • 2 Pages

    Speed in processing claims | Laptops Printers Cameras Cell phones | Access to mainframe computer Paper copies of estimates/claims Crash-scene photos Calling HQ/Auto-shop/Client |…

    • 383 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    In the court case Mitchell v. Fortis Insurance Company, there is a dispute of the ruling. The question at hand is that after the break of contract of the insurance company’s service, are the punitive damage charges worthy? The court ruled in favor of Mitchell in a break of contract with Fortis Insurance Company. When Mitchell was turning 18 years old, he had to be insured as an independent. He later found out that he was HIV positive when he tried to donate blood. Fortis argued that Mitchell lied and withheld the actual date of the HIV test, and in the process of the case, Mitchell was not covered by the insurance for about 20 months. Mitchell sued Fortis because they breached his insurance coverage, and also for bad faith towards him and his situation. He did this because the insurance company did not continue to…

    • 530 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    The family’s breadwinner’s income should be protected by insurance because it provides financial protection for dependents and from creditors, tax benefits and a basis for savings.…

    • 644 Words
    • 3 Pages
    Good Essays
  • Good Essays

    David Goldhill, author of “How American Healthcare Killed My Father” describes himself as a businessman with no more expertise or connection with the United States healthcare system than any other patient with ordinary encounters. This is until his father entered a non-profit hospital in New York City with pneumonia. The end result of this hospital visit, which is not entirely uncommon for an elderly person, is an unexpected death and a son’s personal exploration of why it happened and what could be done to prevent this incident in the future. According to the Goldhill, his father entered the hospital and acquired sepsis within thirty-six hours of admission. Over the course of the next five weeks, which were spent in the hospital’s intensive care unit, the infections acquired were more than the his father could fight and quickly led to his inexcusable demise.…

    • 954 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Boat Insurance Case Study

    • 859 Words
    • 3 Pages

    Customers often provide information about updates – usually hand written on statements that are returned with payments, but occasionally included in separate letters. Or the customer talks with an agent who sends an email to the registration department. Each request must be evaluated. In essence, most requests are routine – a name has been misspelled or the customer has moved from one address or another. On the other hand, some requests involve basic changes in the policy. If a customer sells a boat and buys another, then one policy must be canceled and another initiated. Similarly, the insurance is only valid for an Ohio residence, as it is always interpreted under Ohio law. A client can use or even dock his or her boat anywhere, as long as his or her residence is in Ohio, but a client that moves from Ohio to Indiana will necessarily need to cancel his or her existing policy and get new insurance in Indiana. If the registration agent(Clerk) determines that a proposed change is a “policy changing change,” the agent refers the request to the claims adjuster who notifies the agent that the policy has changed or must be rewritten or canceled. Assuming the clerk determines that the change is legal and can be made, the clerk accesses the Boat Insurance Application and calls up the customer record – by entering the…

    • 859 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    1. Indemnity Plans-protection against loss; under this plan, the payer indemnifies the policy holder against medical service and procedure costs. Patients choose their own providers. The physician bills the insurance company as services are given (Valerius et al., 2008).…

    • 434 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    He’s thirty-three years old, waking up on a cold, hard bed, eating “nutritious” food, scared of the other inmates, knowing his life will end in prison, all for a crime he committed when he was fourteen. He knows that he has a lot longer to serve as he was given a life sentence. This man described, who was once a child delinquent, is like many other children in America who faced the same fate. Since the very first court case of a child murderer, the debate of whether children should be tried as adults has been a raging discussion.…

    • 755 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    1. Think of a real or made up but realistic example of a pure risk that you or someone you know may face, and then answer the questions below.…

    • 1125 Words
    • 5 Pages
    Satisfactory Essays
  • Good Essays

    [The difference of these prices is the amount for the life insurance you will receive and if you are killed by any chance your beneficiary will get the money of the life insurance from Vurich-American due to whatever plan you chose]…

    • 612 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Papa Johns

    • 658 Words
    • 3 Pages

    "From an early age, I always had role models in my life who drilled into me the importance of a strong work ethic and to always focus on what I do best. I grew up watching with admiration as my late father, Robert Schnatter, and my late grandfather, ‘Papaw' Ackerson, handled their business and respective legal careers with fierce determination. No matter how much they sometimes struggled, they never gave up, and that taught me a lot about business and life.…

    • 658 Words
    • 3 Pages
    Good Essays
  • Good Essays

    HIPAA is Health Insurance Portability and Accountability Act. It is a federal act with guidelines for standardizing the electronic data interchange of administrative and financial transactions, exposing fraud and abuse, and protecting PHI. This law is designed to protect people’s private health information, to ensure health insurance coverage for workers and their families when they change or lose their jobs, uncover fraud and abuse, and create standards for electronic transmission of healthcare transactions. It contains five provisions called titles that focused on various aspects of healthcare. The titles are as follows:…

    • 926 Words
    • 4 Pages
    Good Essays
  • Better Essays

    The United States is considered the richest country in America, but when it comes to the healthcare system, the United States may be one of the poorest. According to the World Health Organization the United Stated 37th for the best healthcare in the world and that is one below Costa Rica.…

    • 1471 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    LISAJACKSON021615resume

    • 617 Words
    • 4 Pages

    Understood application of benefit contracts, pricing, processing, policies, procedures, coordination of benefits, & healthcare terminology.…

    • 617 Words
    • 4 Pages
    Satisfactory Essays