About Us
Family owned independent insurance agency. Let us shop your insurance through multiple carriers, including Blue Cross and Blue Shield of Texas, Aetna, United Healthcare, Allstate, Nationwide (Allied), Travelers, Safeco, Metlife, and many more!!
The products and services we offer
Recommendations Received (15)
"Mr. Chapman is very knowledgeable, and took the time to explain all options available to us..."
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"Mr. Chapman is very knowledgeable, and took the time to explain all options available to us personally and professionally. Someone who will take the time to make sure you understand what's out there, and make recommendations based on his experience, no matter where you're at in the process, is invaluable from a customer service standpoint. We will always recommend Chapman Insurance to our clients, friends, and family."
"Yes excellent service "
Products & Services
Let us help protect your wealth and your most precious assets. Chapman Insurance Associates Inc offers homeowners insurance packages for customers ...
When your pet is sick or hurt, it's stressful enough without worrying about the cost of care. Chapman Insurance Associates Inc offers pet insurance...
Recommendations Given (31)
"My family has used Embark Care. They do a good job at reasonable rates. I would certainly..."
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"My family has used Embark Care. They do a good job at reasonable rates. I would certainly recommend them to anyone needing their services for a family member."
"Great local place for an event or getaway!"
Recent Activity
I assume you are talking about PPP loan forgiveness. Loan forgiveness is different for sole props, S-Corporations, LLCs, and other companies. I will talk about an S Corp or LLC where owners normally receive a W2.
Yes, you can pay owners or employees, but there is a $100,000 limit on forgiveness...
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I assume you are talking about PPP loan forgiveness. Loan forgiveness is different for sole props, S-Corporations, LLCs, and other companies. I will talk about an S Corp or LLC where owners normally receive a W2.
Yes, you can pay owners or employees, but there is a $100,000 limit on forgiveness per employee. This includes owners and is limited to what you were paid the following calendar year as well. Recently the time was changed from 8 weeks to 24 weeks to spend PPP loan proceeds. You now only have to spend 60% or more on payroll. The rest can be eligible expenses like business mortgage, rent or utilities. There is a required form (OMB Control Number 3245-0407) that is fairly complicated. I would advise seeking help from a CPA or accountant to complete loan forgiveness application once you believe you may qualify. Hopefully the feds will simplify this as well. Good luck!
Group health products and Commercial Lines P&C are the most lucrative due to the size of the premiums. They are also the most difficult to sell without good training and experience. I enjoy helping people retire early who need individual health insurance. They need guidance on the ACA, special...
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Group health products and Commercial Lines P&C are the most lucrative due to the size of the premiums. They are also the most difficult to sell without good training and experience. I enjoy helping people retire early who need individual health insurance. They need guidance on the ACA, special enrollment periods, tax subsidies and their relationship to retirement income. This is also the least lucrative, since first year and renewal commissions are very low.
I don't sell coverage to clients based on which company pays the most commission. Recommend coverage based on what is in the client's best interest based on their need. This will lead to more sales and better job satisfaction!
1 Reply
Direct primary care has been around for awhile. It may work for some people, but the provider of such care has to make sure of the legal requirements, both state and federal. It might be considered "insurance". The provider might be under contractual obligations as well if he or she does accept...
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Direct primary care has been around for awhile. It may work for some people, but the provider of such care has to make sure of the legal requirements, both state and federal. It might be considered "insurance". The provider might be under contractual obligations as well if he or she does accept insurance. The provider might be bound by insurance contracts (in network) and be in violation by doing DPC.
Ironically, this type of care is similar to HMO capitation. A provider is paid a fee for each patient per month who are in the HMO plan. The provider performs specific services for this fee. This did create issues with care as some providers would look at their bottom line. Fewer services actually provided created more income.
Make sure you cover yourself with some form of insurance coverage such as short-term medical as mentioned in another post. Also, be aware your provider may or may not file insurance claims on your behalf. This could lead to not getting deductible and out-of-pocket credit and paying "twice" if you have a large claim.
We originally started out as sole proprietorship and decided to incorporate. Should you have less than 100 employees, be sure to do an IRS election to be a "S" corporation. This may give you some tax advantages. Make sure you create correct categories for your expenses, income, and balance sheets...
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We originally started out as sole proprietorship and decided to incorporate. Should you have less than 100 employees, be sure to do an IRS election to be a "S" corporation. This may give you some tax advantages. Make sure you create correct categories for your expenses, income, and balance sheets in whatever program you use for bookkeeping. Don't be afraid to ask for advice from someone in a similar profession!
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Yes, this is still a viable way to procure leads and referrals. I would add that you should use social media, e.g. Facebook, phone contact, and a website as well. It takes X number of leads to generate quotes and X number of quotes to generate a sale! Figure out your number and then set your...
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Yes, this is still a viable way to procure leads and referrals. I would add that you should use social media, e.g. Facebook, phone contact, and a website as well. It takes X number of leads to generate quotes and X number of quotes to generate a sale! Figure out your number and then set your goals accordingly!
Seek out a reputable insurance agency. Offer to do appraisals for their clients who seek coverage that fits your expertise. You in turn will refer clients to the agency that might need insurance coverage on fine art.
This would benefit all parties.
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Seek out a reputable insurance agency. Offer to do appraisals for their clients who seek coverage that fits your expertise. You in turn will refer clients to the agency that might need insurance coverage on fine art.
This would benefit all parties.
There is a misstatement of age or gender clause in most states. Basically a company can adjust the death benefit to the amount your premium would have paid for with the correct gender or age. I don't believe that would be the case in the event of gender change. There is no misstatement at the...
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There is a misstatement of age or gender clause in most states. Basically a company can adjust the death benefit to the amount your premium would have paid for with the correct gender or age. I don't believe that would be the case in the event of gender change. There is no misstatement at the time of the application in the example you stated above. Please note a misstatement is different from a material misrepresentation in an application. Your second question on protocol would depend on the company. You might want to have them update records, so in the event of death, there is no adjustment for misstatement of gender. Wouldn't hurt to call.
Hello Walter. I agree with your post. I might add that any small business with key personnel would be a good source of leads and referrals. Small business need to protect their interest by purchasing coverage on key employees.
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Hello Walter. I agree with your post. I might add that any small business with key personnel would be a good source of leads and referrals. Small business need to protect their interest by purchasing coverage on key employees.
1 Reply
We always send out thank you cards to any new client. Remember your client contact if your business has an annual renewal. Show your appreciation for their work by sending a small gift.
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We always send out thank you cards to any new client. Remember your client contact if your business has an annual renewal. Show your appreciation for their work by sending a small gift.
