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Emjay Insurance Brokers

Insurance, Australia, New South Wales, Sydney

Emjay Insurance Brokers provides expert risk management solutions for businesses of all sizes, ensuring peace of mind and financial protection in an ever-changing market.

About Emjay Insurance Brokers

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Basics

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Founded
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Total Employees
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Employees on Linkedin
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Employees on OWCareers
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Main Office
Australia, New South Wales, Sydney
Official Website
http://www.emjayib.com.au
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FAQs – Emjay Insurance Brokers

What is the NAIC Annual Statement?

The NAIC Annual Statement is a financial report that insurance companies must file, providing detailed data on their assets, liabilities, income, loss reserves, and claims. Regulators use this data to assess an insurer’s financial health and compliance with regulatory requirements.


How does pet insurance for illnesses work?

You pay monthly premiums, and when your pet is treated for an illness, you submit a claim. The insurer reimburses a percentage of the vet bill after deductibles and limits are applied.


Do employer-provided insurance plans have waiting periods?

Some employer-sponsored insurance plans have waiting periods, usually 30 to 90 days, before new employees become eligible for health benefits.


How does moral hazard affect healthcare?

In healthcare, moral hazard arises when insured individuals overuse medical services because they do not directly bear the full cost. This can lead to excessive healthcare spending, unnecessary treatments, and higher insurance premiums for everyone.


How does adverse selection affect life insurance?

Individuals with known health risks are more likely to purchase life insurance, which can lead to higher claim payouts and increased premiums for all policyholders.


What are FCA rules on auto-renewals for insurance policies?

The FCA mandates insurers to clearly inform customers about auto-renewals, renewal prices, and options to cancel or switch policies.


Can Hull Insurance be purchased for a specific voyage?

Yes, Hull Insurance can be arranged on a voyage-specific basis. This type of policy is often referred to as "Voyage Insurance," covering a particular journey or route.


Does Medicare cover dental and vision care?

Original Medicare does not cover routine dental or vision care, but some Medicare Advantage (Part C) plans offer additional coverage for these services.


Comprehensive Market Research

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