Review Your Policy After These Major Life Changes
Posted: September 22, 2022
If you have life insurance, you are in good shape. However, when major life changes occur, it is time to review your policy and update it to suit your new situation. When to Review Your Life Insurance? Several life events will significantly change your life insurance needs. These include: Getting married: Once you are married, your lives are merged into one, sharing finances and personal...
Home Maintenance Checklist: Step by Step Guide to Prepare Your Home for the Fall
Posted: September 16, 2022
Your home is likely one of your most valuable assets and keeping it in good condition matters. Before the rainy, colder fall weather rolls in, taking certain steps to prepare your home can protect your home from sustaining damage during the fall and winter months. Clear out Gutters Spend a few hours clearing any debris out of home gutters and downspouts. Check the brackets holding...
Benefits of Providing Financial Planning Resources to Employees
Posted: September 13, 2022
The most basic group benefit plan will provide some form of health insurance to employees, with some percentage paid by the employer. Many employers have taken steps to offer a more appealing range of benefits to their employees, including life insurance, long term care insurance, a 401(k) with matching funds, and vision or dental coverage. Another perk has proven to be appreciated by employees: Financial...
How to Determine the Right Amount of Coverage Needed
Posted: September 7, 2022
Life insurance – everyone needs it, but how much coverage do you need? Every individual has a unique situation and choosing the amount of coverage requires calculating specific factors. These include the financial obligations that would be left should you suddenly pass away, including: Income replacement: Your loved ones can be left in a dangerous financial condition without the income you bring to the family....
How Should I Budget for Business Insurance?
Posted: September 4, 2022
Your business insurance should cover every possible risk for your operation. It may surprise you that as a basic calculation, the entire range of business insurances, including commercial liability, commercial property insurance, health insurance for employees, workers’ compensation, and other insurances should be budgeted at about 20 to 30 percent of expected gross sales. Smaller businesses can expect to budget far less. Every industry, and...
