Insurance Buyers’ News – November/December 2018

Marijuana Use Linked to Increased Car Crashes

young man drivingAlthough the workplace impact of marijuana in states where it’s been legalized has mainly been a workers compensation concern, a recent study now links marijuana use to increased auto crash claims.Read on for details.
 

Do You Need Professional Liability Insurance?

business woman on tightropeUnless you’re an attorney, doctor or accountant, it may not be obvious to you that you may need professional liability insurance.
Read on for details.
 
 

What’s a “Reservation of Rights” Letter?

person signing paperAnd what should you do if you get one?
Read on for details.
 
 
 
 

What’s a “Reasonable Accommodation”?

The Americans with Disabilities Act (ADA) and amendments apply to employers with 15 or more employees. These employers cannot discriminate against individuals with disabilities in hiring, promoting, retaining and other aspects of employment.
Read on for details.

Life and Health Insurance Advisor – November 2018

Keeping Up with Medicare Changes

medicare puzzle pieceHere’s what you need to know for 2019.
Read on for details.
 
 
 
 

Individual ACA Rates are Going Up, Up, Up — Here’s Why

increasing coin stacksSome areas could see rate increases up to 98 percent
Read on for details.
 
 
 
 

Q&A: How to Add an Indexed Universal Life Policy to Your Retirement Portfolio

retirement plan notebookHow life Insurance can be an important part of your retirement plan.
Read on for details.
 
 
 

The Surprising Penalties of Genetic Testing

Personal DNA testing kits are all the rage.
Read on for details.

Personal Lines – Fall 2018

Hot-Car Deaths on the Rise

baby in carseatSince 1990, 800 children have died in hot cars. A combination of education, technology and legislation could help prevent these tragedies from happening in the future.
Read on for details.
 

How to Make an Insurance Claim

tabletWe hope it never happens, but when you suffer a loss, you’ll have to file a claim to receive payment from your insurer. Here’s how the process works, and how to handle it to your best advantage. Read on for details.
 
 

Is Your Home Ready for Windstorm Season?

fallen treeHurricane activity peaks in the fall, but severe windstorms can occur at any time of year. The following pointers can help you protect your property.
Read on for details.
 
 

What Is a Mortgage or Lenders Loss Payable Endorsement?

When you buy property, such as a home (real property) or a car (personal property), and make payments on it, the party that lent you the money to buy it will need a way to protect its financial interest. To do this they will require you to add to your home or auto insurance policy a Mortgage or a Lenders Loss Payable endorsement. Read on for details.

Life & Health Insurance Advisor – Fall 2018

Getting Ahead of the Curve: Planning Now for Social Security Deficiencies

social security cardIf you’re like most people, Social Security will provide 40 percent of your income during retirement. Unfortunately, without changes, the federal government may not have enough money in 16 years to fully fund the program.
Read on for details.

The State of Medicare: 2018 and 2026

torn dollar billMedicare, like the federal government’s Social Security program, is on track to eventually run out of funds to pay the entire amount of claims made.
Read on for details.
 
 

Insurance That Goes Beyond Health Benefit Coverage

hospital roomHealth Insurance will not always protect you from financial devastation if you suffer from a critical illness.
Read on for details.
 
 
 

Too Much Blue Light? Filtering Lenses May be the Answer

Do you spend a lot of time working on a computer or looking at your smartphone? If so, are your eyes bothering you? Are you having difficulty sleeping?
Read on for details.

Employee Benefits Report – July 2018

Is Your Company’s Retirement Plan Safe from Hacking?

hacked computer
Many employees rely heavily on the money they put into their employer-sponsored 401(k) account to pay for their retirement. The last thing they want is for the money to be stolen by cyber thieves.
Read on for details.

Answering Your Employee’s Questions About Enrolling in Medicare

chalkboardWorking past age 65 is no longer uncommon. According to the U.S. Jobs report, almost 19 percent of people 65 or older worked at least part-time in the second quarter of 2017.
Read on for details.
 
 

What You Need to Know About Group Life Insurance

umbrellaEmployer sponsored life insurance is the way most Americans receive coverage. There are important decisions to make when offering coverage to employees.
Read on for details.
 
 

HSAs — Good for More Than Just Paying Medical Expenses

Your employees can enjoy the benefit of paying their long-term-care insurance premiums tax free — if you offer a Health Savings Account (HSA).
Read on for details.

Personal Lines – Summer 2018

9 Tips for Hiring a Home Repair Contractor

phoneDue diligence before you hire a contractor can save you time and money in the long run.
Read on for details.

Are Your Jewelry Items Insured for Their True Value?

cashDid you think your jewelry was covered under your homeowner’s policy? Read on for details.

How to Avoid Becoming a Fake Accident Victim

framesAuto accidents cost hundreds of billions of dollars each year and in some places, like New York City and Los Angeles, nearly one out of three accidents may not be an “accident” at all, according to the National Insurance Crime Bureau (NICB).
Read on for details.

How to Protect Your Home-Based Business

Most homeowner’s policies exclude claims resulting from “business pursuits.”
Read on for details.

Insurance Buyers’ News – May/June 2018

How to Control Distracted Driving

non-profits liabilityTen percent of fatal crashes and 15 percent of injury crashes in 2015 involved distracted driving. It may actually be more. Here are some tips to help eliminate distracted driving. Read on for details.
 
 

Why ‘Side A’ Is Critical if You’re a Director or Officer

data management planningThere are three parts to a D&O Policy — Parts A, B and C. In recent years exposure to Part A risks have increased dramatically.
Read on for details.
 
 

Active Shooter Insurance Now Available

additional insuredSadly, active shooter incidents have become so common there is now an insurance market to insure the liability of the entities where they occur.
Read on for details.
 
 

How Much Business Income and Extra Expense Coverage Do You Need?

Direct physical damage to your premises is not the only problem you’ll face with a fire or other loss. Here are some important points to consider when evaluating your indirect damage:
Read on for details.

Employee Benefits Report – April 2018

Don’t Let a Flu Epidemic Take Your Business Down

association health plans
A particularly virulent influenza strain, H3N2, was responsible for a record number of illnesses, hospitalizations and deaths this winter.
Read on for details.

Tuition Assistance for a Better Future

2Tuition assistance not only benefits your employees, it helps your company.
Read on for details.

Making a 401(k) Plan a Reality for Your Employees

3A 401(k) retirement plan is one of the most desirable and valuable benefits you can provide your employees. Having an employee retirement plan shows you care about their future and helps employees create a nest egg for a comfortable retirement.
Read on for details.

A Partnership with an Eye To Better Health Care

Three successful American companies decided to see if the status quo of rising health care costs and decreasing patient satisfaction can be improved.
Read on for details.

Personal Lines – Spring 2018

What’s the Future of Auto and Home Claims Handling?

phoneLike everywhere else the digital world is bringing changes to the insurance industry.
Read on for details.
 
 
 

Eight Homeowners Endorsements You May Need

cashAn “endorsement” is an addition to the standard policy. Endorsements often, but not always, cost more. The added coverage could mean the difference between a claim that’s covered and paying out of pocket. Here are a few endorsements that you might need to cover frequently overlooked scenarios. Read on for details.

How to Buy Motor Home Insurance

framesWhether you own a deluxe land yacht with all the bells and whistles, a mini motor home, a towable motor home or folding camper, having any type of recreational vehicle represents a change in lifestyle…and insurance needs.
Read on for details.

Get a CLUE, Don’t Buy a Lemon!

A home’s prior loss history can affect your insurance costs. How do you find out about prior insurance claims?
Read on for details.

Life & Health Insurance Advisor – Spring 2018

Watch for Health Insurance Premium Increases

benefits gapReinstating the Health Insurance Act and repealing the individual mandate to purchase insurance could both contribute to a rise in premiums.
Read on for details.

 

Haven’t Saved Enough for Retirement? Here’s a Few Ideas

vision insuranceIf you aren’t on course to save $1 million by the time you retire, you’ll have to get creative. The Motley Fool, a multimedia financial-services company, says that’s the amount of money a couple will need to live comfortably after they retire.
Read on for details.

Life Insurance: When Free isn’t Enough

life insuranceEmployer sponsored life insurance may not meet all your needs.
Read on for details.
 
 
 

How Life Insurance Companies Get to the Truth

Life insurance companies need honest answers to questions about your health to determine appropriate premiums and coverage levels. Some applicants are tempted to leave out or misstate information they don’t see as important — or think will adversely affect their benefits.

Read on for details.

Insurance Buyers’ News – January/February 2018

How Changes at EEOC Could Benefit Employers

non-profits liabilityPresident Trump’s appointment to the U.S. Equal Employment Opportunity Commission could signal a more cooperative attitude at the agency. Read on for details.
 
 

Section 7 and Social Media in the Workplace

data management planningTwo restaurant employees complained about the company’s accounting department on Facebook — and were fired. Two teen center employees took to Facebook after an office meeting and disparaged their supervisors’ decisions — and were fired. James Damore used Google’s employee message boards to criticize how his employer was implementing its diversity policy — and was fired.
Read on for details.

Equipment Breakdown Insurance Provides More than Just Insurance

additional insuredIf you’ve been in business a while, you might have heard the phrase “boiler and machinery insurance.” Today it’s called Equipment Breakdown insurance and these now cover much more than boilers and machinery, hence the name change. Read on to learn more about this valuable coverage.
Read on for details.

What’s Covered in a Typical Equipment Breakdown Insurance Policy?

The typical equipment breakdown insurance policy includes the following coverages:
1. Damage to “covered property” at the location named in the policy …

Read on for details.

Employee Benefits Report -December 2017

Changes to 401(k) Plans Under Consideration

association health plans
Congress is debating possible changes to the 401(k) retirement plans employers offer their employees. Some of the ideas being discussed by Senators and Representatives would favor employees, some would benefit the federal government. Read on for details.

Vision Insurance Trends to Incorporate in Your Benefit Plans

2Employees increasingly rank vision insurance as one of the most important benefits. Here’s how to get the right plan for your employees:
 
 
 
Read on for details.

Proposed Changes to Group Health Insurance for Small Employers

3The president and congress continue proposing changes to healthcare laws and the country continues to debate what the effects of those proposals will be. Read on for details.
 
 

Getting the Most Out of Disability Benefits

You spend valuable time and money to offering benefits to your employees. So imagine how frustrating it would be for you and your employees if they were unable to enjoy the benefits they deserve.

Read on for details.