Beginner’s Guide to Annuities
Posted: March 22, 2021
It is never too late, or too early, to start planning for retirement. Annuities are a popular option with many advantages. You can put away larger amounts of cash, and growth is tax-free until you withdraw the funds. As an investment vehicle, annuities may seem confusing at first. The following is a basic guide to annuities for beginners. What Are Annuities? Annuities are a relatively...
Professional Liability Insurance vs. General Liability Insurance
Posted: March 19, 2021
All businesses, large and small, face the risk of liability. Professional liability insurance and general liability insurance both provide protection for your business. The main difference between these two types of insurance is the different risks they cover. What Is Professional Liability Insurance? Also known as errors and omissions (E&O) insurance, professional liability insurance is designed to protect you in case a client files a...
Preparing for the Life Insurance Examination
Posted: March 7, 2021
The healthier you are, the lower the risk for the life insurance company. This is why they usually require a medical exam before issuing a policy. Great results on your examination can help you lock in lower life insurance rates for years to come. Get ready for your life insurance exam with the following tips. Start Preparing Weeks Before Your Exam Some simple dietary changes...
Avoiding Workers’ Comp Fraud
Posted: March 4, 2021
Workers’ compensation fraud can be expensive for employers. One of the most common types of workers’ comp fraud is employee fraud. This involves workers who seek to receive benefits under false pretenses. How Do Employees Commit Workers’ Comp Fraud? Employees have been known to commit several types of fraud to obtain workers’ compensation, including: Off-the-job injury: An employee is injured on his own time, but...
Does My Spouse Need Life Insurance if He or She Doesn’t Work?
Posted: February 22, 2021
When one spouse is the primary breadwinner, it is obvious why that person needs life insurance to protect the family. But a stay-at-home spouse needs life insurance, as well. Just because a person is not working at a paying job, that does not mean he or she lacks financial value. Consider what it would cost to pay another person for the services a stay-at-home spouse...