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GBS Benefits Group

Insurance, United States, Florida, Miami

GBS Benefits Group provides comprehensive insurance and financial solutions, specializing in employee benefits and retirement planning.

About GBS Benefits Group

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Join our team at GBS Benefits Group and make a difference in people's lives. We are looking for talented individuals to fill roles such as Benefits Specialist and Financial Advisor.


Benefits Specialist job at GBS Benefits Group | Insurance Agent job at GBS Benefits Group | HR Consultant job at GBS Benefits Group | Financial Advisor job at GBS Benefits Group | Account Manager job at GBS Benefits Group

Basics

Type
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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
United States of America, Florida state
Official Website
http://www.gbsbenefitsgroup.com
Location Address Official Phone Email
United States of America, Florida state United States, Florida, Miami **** ****
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FAQs – GBS Benefits Group

Can cyber insurance cover reputational damage after a data breach?

Yes, many cyber insurance policies include coverage for public relations efforts to manage reputational damage. This can help the business recover public trust through media engagement, crisis communication strategies, and brand reputation rebuilding.


How is the cash value of a Variable Life Insurance policy determined?

The cash value is based on the performance of the investments chosen by the policyholder. It increases or decreases in response to the market and the premiums paid.


How is the limit of liability determined?

Insurers determine the limit of liability based on factors like policy type, risk assessment, legal requirements, and the insured’s coverage preferences. Higher limits usually increase premiums.


Can a ceding company cede 100% of its risk?

Yes, through a full reinsurance arrangement known as "fronting," where the ceding company issues policies but transfers all risks to a reinsurer. However, regulatory authorities may require the primary insurer to retain a portion of the risk to ensure accountability.


How do the top insurance companies compare in terms of pricing?

Pricing varies based on factors such as policy type, coverage limits, and personal risk factors. It’s essential to compare quotes from multiple insurers to get the best rate.


What does marine cargo insurance cover?

It covers physical loss or damage to cargo due to perils like sinking, collision, fire, piracy, and natural disasters.


Do I need homeowners insurance if my house is paid off?

While it’s not legally required, it’s highly recommended to protect your investment. Without insurance, you would be responsible for all repair or rebuilding costs in case of damage.


What is the difference between reimbursement and direct payment?

Reimbursement requires the policyholder to pay upfront and get compensated later, while direct payment means the insurer pays service providers or claimants directly.


Comprehensive Market Research

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