Category Archives: Finance Guide

Life insurance death benefits may be distributed in various ways, such as lump sum, installments or an annuity. Some permanent policies also feature cash value accumulation and nonforfeiture provisions. Policyholders often name a beneficiary who will receive the death benefit when someone passes. This enables heirs to pay outstanding debts, funeral costs and taxes before […]

If you have suffered an injury and require crutches, you may be wondering if your insurance covers the cost. After all, crutches are not cheap and can put a strain on your finances. Understanding what is covered by your insurance policy can help alleviate some of that stress. In this blog post, we’ll explore the […]

After a car accident or other property damage, the insurance company usually sends an estimate of the cost of repairs. But reading this estimate can be confusing and often overwhelming. In this blog post, we will go over the basics of what to look for when receiving an estimate from your insurance company and how […]

Many contractors don’t realize how important it is to publish their insurance bid specifications each year. This will allow you to interrogate the market and save you a lot of money. This is true for Liability, Auto, Property, and Workers Compensation Insurance. 1. The bid specifications must include all information required by the broker to create a quotation. […]

Under the Affordable Care Act, all full-time employers and their dependents are mandated to offer health coverage to employees and dependents. Employers have various options available to them for providing this coverage for their employees. In this article, we’ll look at three great strategies available to small businesses: health reimbursement arrangements (HRAs), employer-sponsored plans and […]

Have you ever been in a car accident, only to find out that the other driver’s insurance company is dragging their feet? It can be an incredibly frustrating situation, and one that many drivers have experienced. Unfortunately, dealing with insurance companies isn’t always a simple process; they don’t always work quickly or efficiently. So what […]

When it comes to medical insurance, there are a lot of options out there and it can be difficult to navigate through them all. One such option worth considering is Guarantor Medical Insurance (GMI). But who is GMI and what do they offer? In this blog post, we’ll be taking an in-depth look at Guarantor […]

Your employer may pay your full salary if you become ill as an employee. Employers must provide statutory sick leave for most employees up to 28 weeks. However, this will likely be much less than your full earnings. You would likely have to rely upon state benefits after that. Some employers offer group income protection insurance as […]

This could be covered by insurance. This is why you should have insurance. Are you aware that a poor-defended Tax investigation can bankrupt you Are you sure this is not possible? ? OK. Let’s move on to the answers. – That was another question! Let me now answer these questions in reverse order… First, don’t think that a thorough tax investigation […]

Long Term Care (LTC) insurance markets provide various forms of coverage. This may include room and board, skilled nursing care, intermediate care and custodial care as well as home health, adult day care hospice and respite care – usually paid for with premiums that will eventually be reimbursed after an agreed upon look-back period has […]