Should I Offer Multiple Health Plans?
Posted: November 28, 2022
Should I Offer Multiple Health Plans?After monetary compensation, health insurance is the most desirable benefit for most employees. If you offer only one health plan, your employees are limited in their healthcare choices. Offering a choice of health plans can make your benefits package significantly more attractive to existing and prospective workers. What Are the Benefits of Offering Multiple Health Plans? Offering multiple health plans empowers employees, and it can...
Understanding What’s Covered and What’s Not Covered with Life Insurance
Posted: November 22, 2022
Understanding What’s Covered and What’s Not Covered with Life InsuranceHow Life Insurance Can Be Used Life insurance can be an estate planning tool, an investment vehicle, or simply a way to replace lost income in case of unexpected death. Some people purchase life insurance to establish an inheritance for their children or as a strategy to donate to a favorite charity. Unlike other types of insurance coverage, there are no restrictions on how death...
Medicare 101: Terms You Should Know When Reviewing Your Plan
Posted: November 21, 2022
Medicare 101: Terms You Should Know When Reviewing Your PlanWhen you enroll in Medicare, it is something like learning a new language. There are a number of terms you will need to learn to understand the process of enrollment and how your plan works. The following are some Medicare terms you will need to know when you review your plan. Part A: Medicare hospital insurance Part B:Medicare doctor and outpatient insurance Part C: Medicare...
Is My Business Covered in the Event of a Cyber Attack?
Posted: November 19, 2022
Is My Business Covered in the Event of a Cyber Attack?Small business owners are not exempt from the risk of a cyberattack. The loss of customer data is a financial disaster, and with cyber incursions becoming more common, and hitting even the largest companies, from banks to retails to online giants with extensive security, it is well worth ensuring your business has adequate cyber insurance. The Costs of a Cyber Breach The financial losses a...
I Missed an Auto Insurance Payment: Here's What to Expect
Posted: November 16, 2022
I Missed an Auto Insurance Payment: Here's What to ExpectLife happens, oversights can occur, and payments sometimes get missed. If you missed a car insurance payment, don’t panic. Your policy will not be cancelled immediately. State laws require auto insurance companies to provide notice to policyholders before cancelling their coverage for nonpayment. What Happens if I Don’t Get My Payment in on Time? Most car insurance companies offer a grace period for late payments....
