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Disqualified Person (Tax-Exempt Organization)

According to the Internal Revenue Service code (section 4958), this individual is considered to be an insider in an organization or firm that is tax-exempt, and who exercised undue influence over the organization's decision-making process during the last five-year period that ended as of the transaction's date.








Insurance Industry News from ProgramBusiness.com

Top 10 GadgetsAfter walking through a client's office this week, an important epiphany occurred. Noticing Visioneer scanners at every desk exemplified the need and reliance of tech gadgets in the insurance workplace. Not only are computers a staple at every desk, but high-tech gadgets are quickly taking over desk space in creating a more efficient environment.

With invention being the product of necessity, high-tech gadgets are being created rapidly to complement our needs. With the aggressive attitudes of insurance agents to be on the cutting edge of technology, it seems appropriate to introduce the top 10 tech gadgets for insurance agents and brokers. The following items were selected to create a more effective and efficient working environment for insurance offices.

Strobe XP 200 Scanner ($299)
Manufacturer: Visioneer ( www.visioneer.com )
This compact scanner is so small, it can easily sit between your keyboard and screen at only 2" inches tall and 11" wide. With the increased need to attach data to client files and the ability to send more information to companies over the internet, scanners are a "must have" gadget for the insurance agency. Most of the large insurance companies now prefer applications and loss runs to be sent via PDF (Acrobat) rather than fax or mail. Since it is quicker and more reliable, you have a better opportunity to get your app in front of the company before other agents. Paperport 10 software, included with this scanner, allows agents to better organize by using directories for business cards, forms, and scanned items. This software can help convert those scanned items into Word, Excel, faxes, e-mail, and images to be placed in agency management systems.

Palm Treo 650 ($449)
Manufacturer: PalmOne ( www.palmone.com )
The Treo 650 Smart phone from PalmOne simplifies life by combining a cellular phone with e-mail and internet access with the use of a tiny QUERKY keyboard. This all-in-one device also includes a PDA, camera, and MP3 Player. Agents can now organize their entire world with calendar, contact, tasks, and memos. Sync the smartphone up to Microsoft Outlook to keep contact information up-to-date. With an online agency management system, the Treo's Web access puts client information at agents' fingertips. The Treo 650 puts the office in a pocket.

MX 1000 Laser Cordless Mouse ($79)
Manufacturer:Logitech ( www.logitech.com )
"Optical is obsolete."--Logitech has released the laser wireless mouse. This mouse is 20X more sensitive to surface detail and tracking power on even complex surfaces. A rapid charging station is included to keep the mouse fully charged and ready to go. The new ergonomic design includes a thumb support, along with the variety of programmable buttons. A new breed of mouse has been born--one with quick charging time, long wireless range, extreme accuracy, comfortable use, and much more.

256MB Jumpdrive with Touchguard ($71)
Manufacturer: Lexar ( www.lexar.com )
This fast, auto-synchronizing memory stick uses fingerprint authentication to keep all data safe and secure. Its advanced software program automatically stores your favorites, documents, and Web site usernames and passwords. With the constant need to remember login information, the Jumpdrive makes life easier by saving all of this information and allowing it to be used anywhere. Agents now have the convenience of their data being mobile, as well as backed up on a secure device.

Google Desktop (Free)
Manufacturer: Google ( http://desktop.google.com )
Wondering who sent that e-mail request for a Proof of Insurance? S
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