Why You Need Uninsured/Under-Insured Motorist Coverage

Uninsured drivers cost every insured driver $14 annually, according to the Insurance Research Council (IRC). If you are unlucky enough to encounter an uninsured driver, your costs could be much higher…unless you have the right insurance coverage. Continue reading “Why You Need Uninsured/Under-Insured Motorist Coverage”

Health Insurance by the Numbers

The final cost of a medical insurance plan depends on more than just the premiums, even when you compare plans with similar benefits. Understanding the following definitions can help your employees understand the components that affect their medical coverage costs. Continue reading “Health Insurance by the Numbers”

Annuities vs. Life Insurance

Most life insurance companies sell both life insurance policies and annuities. Both require you to be in good health to get the best rates. And both provide financial security. But they play very different roles in your financial portfolio. Continue reading “Annuities vs. Life Insurance”

The Property Risks You Might Have Overlooked

You buy homeowners insurance to protect your home from damage or loss due to fire, theft, vandalism and more. But without certain important coverages, your policy could leave you short of the funds needed to rebuild and recover. Continue reading “The Property Risks You Might Have Overlooked”

Wild Fires

In 2006, a record 9.8 million acres burned in wildfires. Will this year’s droughts make 2015 another record-breaker?

As of May 6, 2014, half of the United States was experiencing some level of drought. Nearly 15 percent of the nation was gripped by extreme to exceptional drought, according to NASA. Continue reading “Wild Fires”

How Voluntary Benefits Can Help Employers Mitigate the “Cadillac Tax”

The Affordable Care Act will impose a 40 percent non-deductible excise tax on so-called Cadillac health plans starting in 2018. You might be surprised to learn the Cadillac tax could affect your organization’s plan.
Section 9001 of the Patient Protection and Affordable Care Act (ACA) imposes a non-deductible excise tax on high-cost plans, Continue reading “How Voluntary Benefits Can Help Employers Mitigate the “Cadillac Tax””

Crisis Management: Where Risk Management and Public Relations Meet

You probably already have a disaster management plan to help your company minimize the effects of a disaster. You’ve probably considered evacuation of employees and customers, data backup, and contingency plans for manufacturing your products or delivering your services. But have you considered the role public relations can play in managing a crisis? Continue reading “Crisis Management: Where Risk Management and Public Relations Meet”

How You Can Fill the Benefits Gap

In the past ten years, employers have faced skyrocketing costs for their employee health plans. If you have employer-sponsored health coverage, your share of costs has probably risen as a result. Continue reading “How You Can Fill the Benefits Gap”

When Life Interferes with Fun: Travel Insurance to the Rescue

When events interfere and make travel planned in advance difficult or impossible, travel insurance can protect your investment.

Families in the South who booked their summer vacations months in advance hardly expected that snow…of all things…might cause them to have to change their plans. Since unusually cold and snowy winter weather in many parts of the U.S. forced school districts to cancel classes, Continue reading “When Life Interferes with Fun: Travel Insurance to the Rescue”

Covering Your Property in Storage

Too much stuff? Almost 9 percent of American households rented a self-storage unit in 2012, up from 6 percent in 1995. Before joining them, be aware that you, as the lessee, remain responsible for loss or damage to everything in your unit, unless your rental agreement specifies otherwise. Continue reading “Covering Your Property in Storage”