hello, my name is vic schumacher, with hpefinancial services. i'm an insurance broker representing a variety of insurance companies,and today, we're going to talk about how do i know my insurance will even work. well,the insurance will work because it is offered by a company that has government regulationsand state regulations, a company that has to put up a lot of money in order to offerits products, and a company that is rated by financial strengths by organizations suchas moody's or standards and poor's or best. those ratings give the confidence to the consumerthat we now have a financially strong company. in the event the company itself has a problemall insurance companies have to contribute to a state regulated fund, and that stateregulated fund is for, in the event an insurance
company has financial difficulties those premiumswill be paid by that state fund. your insurance will work because it's regulated by not onlyits its own industry, but also by the states and the federal government. my name is vicschumacher. company is hpe financial services, helping people every day.