5 Life Insurance Myths Debunked
Posted: June 7, 2022
Buying life insurance may not be an easy decision to make. Planning in case of one’s own death is not a pleasant subject. However, it is a crucial step to protect your loved ones and plan for your financial future. The better you understand it, the more informed your decision will be when you purchase a policy. The following are five myths debunked about life...
Is Your Small Business Recession Proof?
Posted: June 4, 2022
The time to recession-proof your business is before the economy starts to downturn. Later may be too late to turn the ship around. Careful planning and taking specific steps now can help you prepare your small business for future downturns and marketplace changes. Get a Handle on Your Cash Flow Many businesses fail because of problems with cash flow. It is important to know your...
6 Things You Shouldn’t Store in Your Garage
Posted: June 1, 2022
A garage helps protect your vehicles from exposure to the elements. It can also be a convenient location for storing items you don’t want to keep in the house. Keeping some items in the garage can create a health and safety risk for you and your family. Never store these six things in your garage: Propane Tanks If you barbecue outdoors, you may keep propane...
3 Things to Consider When Purchasing Buy/Sell Protection Insurance
Posted: May 28, 2022
You have likely spent years of your life building your business. It would be best to protect your business with several types of insurance, but many business owners choose to put a buy/sell plan to protect against the unexpected. These plans are a binding agreement between business owners that lays out what will occur if an owner or partner should suddenly pass away. Without a...
Common Types of Surety Bonds & How They Work
Posted: May 19, 2022
A surety bond is a contract that ensures specific obligations are met. These bonds are often required for contractors working on government contracts. They are performance-based. A surety bond is a guarantee between three parties. The parties in a surety bond are: The Principal: The individual who is required to have a surety bond. The Obligee: The individual requesting the bond. The Surety Company: The...
