Category Archives: Finance Guide

Health savings accounts offer triple tax benefits: contributions are tax-deductible, earnings on investment earnings are tax-free and withdrawals used for qualified medical expenses are free from federal income tax; insurance premiums do not qualify. IRS offers an exception for individuals receiving federal or state unemployment benefits or COBRA coverage and who use HSA funds to […]

Life insurance provides loved ones with financial security against the risk of debt repayment after your death, including living expenses, mortgage and utility bills. In exchange for premium payments made, an insurance company pays out a death benefit directly to named beneficiaries. Life insurance policies come in various shapes and forms; choosing the appropriate policy […]

Most insurance companies allow between seven and 30 days of grace period after one missed payment for your car insurance policy to remain active; otherwise it could result in policy cancellation and other serious repercussions such as reduced coverage and higher rates on subsequent auto policies. Car insurance lapses can have serious financial repercussions, from […]

Many new entrepreneurs who want to make a name for themselves in their industry are often overwhelmed by the fierce competition and deep pockets. They need someone to help them not only financially, but also guide them in the right direction. Angel Investors are crucial in this situation. Angel investors are usually experienced entrepreneurs who have been […]

Claims adjusters can be just like any other person. Some are trainees while others have little or no experience. Others have a lot of training and experience. How can you tell which adjuster will be assigned to you if you have an insurance claim? They don’t just show up and give you a resume. Sometimes you might be […]

Are you looking to become a licensed insurance agent in Texas? Congrats! But before you can start your new career, there’s the matter of passing the licensing exam. So, what exactly is on this exam? Don’t worry – we’ve got you covered with all the details about what to expect and how to prepare for […]

The annual rise in insurance premiums due to policyholders who file claims and are compensated by insurers for causing accidents is enough to make auto insurance policyholders mad. To combat criminality, there should be certain measures and everyone must take part in the fight. Even though they have a clean driving record, policyholders don’t like receiving […]

The employee receives this amount upon retirement. It includes employer contributions, employee contribution and interest. EPF scheme was created by the Indian government to encourage savings. Below are 10 facts about the EPF scheme. EPF is the principal scheme in the Employees’ Provident Funds & Miscellaneous Provisions Law, 1952. It is managed by the Employees’ Provision Fund Organization […]

Employment Practices Liability Insurance (EPLI), is an insurance policy that protects you from claims by your employees arising from the general conduct and management of your business. Is it more likely that you, as the business owner, will be sued by an outsider than by your employees? According to the Equal Employment Opportunity Commission (EEOC), […]

Are you married and wondering if having separate health insurance is a possibility? Many couples assume that they must have joint coverage, but the truth is that there are other options available. In this blog post, we explore whether or not it’s feasible to have separate health insurance policies when married. From tax implications to […]