CLakeInsurance's profile picture. One of Minnesotas largest cannabis insurers. On-premises cannabis consumption expert with solutions for every stage of the cannabis vertical. Cultivation, Extra

Cory Lake - Lake Group Insurance

@CLakeInsurance

One of Minnesotas largest cannabis insurers. On-premises cannabis consumption expert with solutions for every stage of the cannabis vertical. Cultivation, Extra

Insurance Lingo: Pro Rata Basis: Insurance company cancels the policy; unearned premium is returned to the insured. No penalty is applied to this method of cancellation. . . #solutions #salestips #businessopportunity #insurancesalesagent #homeinsurance #motivation #insurances

CLakeInsurance's tweet image. Insurance Lingo: 

Pro Rata Basis:

Insurance company cancels the policy; unearned premium is returned to the insured. No penalty is applied to this method of cancellation.
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#solutions #salestips #businessopportunity #insurancesalesagent #homeinsurance #motivation #insurances

Insurance Lingo: Third Party: Person other than the insured or insurer who has incurred losses or is entitled to receive payment due to acts or omissions of the insured. . . #savings #claims #happynewyear2023

CLakeInsurance's tweet image. Insurance Lingo: Third Party:

Person other than the insured or insurer who has incurred losses or is entitled to receive payment due to acts or omissions of the insured.
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 #savings #claims #happynewyear2023

Insurance Lingo: Repair Cost: The cost to fix a damaged or destroyed item of property; may be the basis of reimbursement for a loss. #whatyouknow #lakegroupinsurance #insuranceknowledge #getaquote

CLakeInsurance's tweet image. Insurance Lingo: 

Repair Cost:

The cost to fix a damaged or destroyed item of property; may be the basis of reimbursement for a loss.

#whatyouknow #lakegroupinsurance #insuranceknowledge #getaquote

Insurance lingo: Alien Company: An insurance company formed according to the laws of a foreign country. The company must conform to state regulatory standards to legally sell insurance products in that state. . . #nevergiveup #love #goals #inspiration #training #hustle #work

CLakeInsurance's tweet image. Insurance lingo: Alien Company:

An insurance company formed according to the laws of a foreign country. The company must conform to state regulatory standards to legally sell insurance products in that state.
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 #nevergiveup #love #goals #inspiration #training #hustle #work

Insurance Lingo: Ocean Marine: Coverage for ocean and inland water transportation exposures; goods or cargoes; ships or hulls; earnings; and liability. . . #makingmoney #entrepreneur #selfemployed #sale #flipper #flip #fulltimeseller #fulltime #hustle #thriftstores #hustler

CLakeInsurance's tweet image. Insurance Lingo: Ocean Marine:

Coverage for ocean and inland water transportation exposures; goods or cargoes; ships or hulls; earnings; and liability.
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#makingmoney #entrepreneur #selfemployed #sale #flipper #flip #fulltimeseller #fulltime #hustle #thriftstores #hustler

Insurance Lingo: Quote: An insurance offering - a document that contains all relevant information about a potential insurance policy for you to review, make changes to, and possibly purchase! . . #contract #word #social

CLakeInsurance's tweet image. Insurance Lingo:  Quote:

An insurance offering - a document that contains all relevant information about a potential insurance policy for you to review, make changes to, and possibly purchase!
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#contract #word #social

Insurance lingo: Mortality Table: Chart that shows the death rates of a particular population at each age displayed as the number of deaths per thousand. . . #garyvee #followme #art #fashion #style #memes #girl #selfie #summer #nature #travel #music #family

CLakeInsurance's tweet image. Insurance lingo: Mortality Table:

Chart that shows the death rates of a particular population at each age displayed as the number of deaths per thousand.
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#garyvee #followme #art #fashion #style #memes #girl #selfie #summer #nature #travel #music #family

Insurance lingo: Option An agreement giving the buyer the right to buy or receive, sell or deliver, enter into, extend or terminate, or effect a cash settlement based on the actual or expected price, level, performance or value of one or more Underlying Interests.

CLakeInsurance's tweet image. Insurance lingo: Option

An agreement giving the buyer the right to buy or receive, sell or deliver, enter into, extend or terminate, or effect a cash settlement based on the actual or expected price, level, performance or value of one or more Underlying Interests.

Insurance lingo : Security A share, participation, or other interest in property or in an enterprise of the issuer or an obligation of the issuer. . . #insuranceagentlife #comeandseeatp #medicare #salessuccess #podcast #businessinsurance #financialadvisors #insurancework

CLakeInsurance's tweet image. Insurance lingo : Security 

A share, participation, or other interest in property or in an enterprise of the issuer or an obligation of the issuer.
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#insuranceagentlife #comeandseeatp #medicare #salessuccess #podcast #businessinsurance #financialadvisors #insurancework

Insurance Lingo: Aggregate: The maximum dollar amount or total amount of coverage payable for a single loss, or multiple losses, during a policy period, or on a single project. . . #selling #realestate #buying

CLakeInsurance's tweet image. Insurance Lingo: Aggregate:

The maximum dollar amount or total amount of coverage payable for a single loss, or multiple losses, during a policy period, or on a single project.
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#selling #realestate #buying

Insurance Lingo: Investment Income Gross: Shall be recorded as earned and shall include investment income collected during the period, the change in investment income due and accrued, the change in unearned investment income plus any amortization.

CLakeInsurance's tweet image. Insurance Lingo: Investment Income Gross:

Shall be recorded as earned and shall include investment income collected during the period, the change in investment income due and accrued, the change in unearned investment income plus any amortization.

Insurance Lingo: Unpaid Losses: Claims that are in the course of settlement. The term may also include claims that have been incurred but not reported. . . #instapic#girls#color#picoftheday#awesome#fashionista#tattoo#fashionblogger#night#weekend#cool#model#bestoftheday


Insurance lingo: Jettison: A voluntary action to rid a ship of cargo to prevent further damage or peril. . . #luxury #listing #b #broker #toprealtor #luxuryhomes #mortgage #openhouse #luxuryrealestate #buying #homeownership #homeowners

CLakeInsurance's tweet image. Insurance lingo:  Jettison:

A voluntary action to rid a ship of cargo to prevent further damage or peril.
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#luxury #listing #b #broker #toprealtor #luxuryhomes #mortgage #openhouse #luxuryrealestate #buying #homeownership #homeowners

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