Asynchronous Apex
Asynchronous Apex in Salesforce allows developers to execute operations in a separate thread, enabling tasks to run in the background without impacting the user experience. This approach is particularly beneficial for handling long-running processes, callouts to external systems, and operations
What is National Producer Number?
National Producer Number or NPN is a type of identifier assigned to individuals or businesses. Nowadays, It has taken place of the license number. NPN is issued or assigned specially to “insurance-related organizations or activities” to keep the track of
What does Guest Liability mean in Insurance?
Guest liability is an add-on coverage taken by the owner of a home in their insurance policy that will cover the medical expenses incurred on guests on your property when the guest accidentally got injured. This type of coverage can
What does Guaranteed Benefit mean in Insurance?
To understand ensured term life insurance, one must first understand term life insurance. A term insurance policy is a particularly designed life insurance strategy that provides financial stability to a person’s family in the event of any unanticipated events. An
Relationship of ACV to Depreciation and what does the term Blue Book Value mean?
Introduction Actual cash value (ACV) is the fair market value that an insurance company would typically pay after determining its replacement cost and subtracting factors such as depreciation and wear and tear of the vehicle. In financial terms, ACV is
Insurance Carrier and MGA
What is an Insurance Carrier? A company that sells insurance is known as an insurance carrier. The terms carrier, insurance firm, insurance agency, insurance provider, and insurance brokerage are all interchangeable. Insurance companies sell policies directly to consumers, such as
Personal Accident Insurance of Rental Cars
Insurance for Rental Cars Owning a car is an expensive attempt as the automobile ages, and the cost of repair, maintenance, and replacement parts rises. Rental cars may be the ideal choice for you if you are concerned about the
Getter in LWC
LWC component does not allow us to perform expressions in an HTML file so if we want to achieve any expressions in an HTML file in this case we can complete the expression in our getter in a .js file
Explain Supplemental liability insurance in insurance of Rental cars
Supplemental liability insurance “SLI” stands for Supplemental Liability Insurance, and this is a car rental insurance policy that gives you third-party liability cover. That means, if you (Insured) are involved in an accident with your rental car, You (the driver)
What is an MGA?
Introduction A managing general agent (MGA) or a managing general underwriter (MGU) is a specialized type of insurance agent/broker who is granted underwriting authority from an insurer. Specific functions in the insurance sector such as binding coverage, underwriting and pricing,