Category Archive For "Insurance"
What is the purpose of long term health insurance plans?
Just like retirement plans covering our financial future, long term health insurance plans are designed to do exactly the same. With the development of the modern medicine, we tend to live longer than ever before in human history, but we are also at a higher risk of spending our golden years with one or more …
An essential step to lifelong health: long-term medical insurance
Thanks to technological advances and nutrient-rich diets, the average life expectancy of our generation is getting much longer. Yet, longer lifespans do not necessarily guarantee a better quality of life. This is especially true for those who have encountered serious accidents, or have developed a chronic condition that requires long term medical treatment. The last …
Why would your company need a penetration test?
“Better the devil you know than the devil you don’t” describes the essence of penetration tests. With the rise of hacker attacks on the firms’ databases, services, networks and bank accounts, assessing a company’s cybersecurity before hackers do is crucial for every business. One security breach can result in the permanent loss of clients and …
New inflation infographic release by Pacific Prime
At Pacific Prime, we strive to be much more than just an insurance broker. We want to be a trusted resource that our members can depend on, but also – even more than that – a trusted resource for anyone that wants to learn more insurance and how it relates to healthcare around the world. …
Health insurance trends: Is lower inflation sustainable?
In our latest report on international private medical insurance (IPMI), we highlighted a new health insurance trend: globally, IPMI premium inflation was lower in 2017. This means that premiums did not increase by as much overall when compared to previous years. The thing is, it is important to look at whether this trend is sustainable, …
How a consultant can help support your comprehensive benefits package
A common phrase used a lot in sales is “Cut out the middleman!”. This is often followed by sentiments like “Go betweens are costly”, and “they add very little benefit to you as a consumer”. That may be true in some industries but, in the world of corporate insurance, the right consultant can really enhance …
Insurance brokers vs agents: Key differences explained
Those on the hunt for corporate insurance will quickly discover that not only do countless plans exist, but so do a variety of different distribution channels in the market. There are insurance companies that you can buy from directly, agents who will sell plans on the insurers’ behalf, and brokers that search and compare coverage …
What’s the deal with individual vs group health insurance?
We get a lot of questions about health insurance. That’s to be expected; we’re a leading health insurance broker. People, by and large, don’t ever really need to consider the ins and outs of insurance unless they actually need to use it – or find that they should have bought some. Two of the key …
Reflections on the Pacific Prime 2018 Global Conference
Over three days in January Pacific Prime held their 2018 global conference. This year’s conference was held in Hong Kong from January 17th to 19th and saw the heads of offices, country, and team leaders come together to discuss all things Pacific Prime and plan for the future. Here, we take a look at the …
Challenges for Businesses Implementing Group Health Insurance Plans in 2018
We’re still at the start of 2018, but if this coming year is anything like the past couple of years, it’s going to be a big one for small business. For example, the number of new job seekers taking it upon themselves to start their own business at the end of 2016 was the highest …