Search Results for: insurance

No matter your size or scope of business, construction sites present numerous risks. Therefore, all contractors should carry a wide variety of policies to protect themselves and their work sites. This typically includes both commercial and contractor general liability coverage as well as business interruption coverage. You can often save money by opting for an […]

Amica was established as a mutual auto insurer in 1907 and offers car, home, life and other policies in the United States. They consistently receive top ratings from both customers as well as industry watchdogs like J.D. Power and WalletHub. Amica’s term life policy doesn’t require a medical exam and comes with the option to […]

An Assignment of Commissions contract allows producers to trade off selling their own book of business for more of a stable paycheck and support from an agency or MGA. As part of an override arrangement, they generally reimburse their upline with a certain percentage back – this may include office space rental fees and marketing […]

Employers typically offer healthcare, dental and short-term disability coverage as part of a benefits package for employees, with premiums being deducted pre-tax from payroll checks. FSAs can offer employees who pay out-of-pocket medical expenses predictable tax savings by lowering taxable income, which in turn lowers FICA and FUTA payroll taxes. Fica Tax FICA (Federal Insurance […]

Medical payments car insurance (MedPay) provides coverage that pays for medical expenses following an accident, up to its policy limits. MedPay may cover medical deductibles and copays as well as costs such as ambulance fees, chiropractic treatment or dental work. But is it really worth it? Read on to gain more knowledge of its operation, […]

A lender’s title policy protects mortgage lenders in Illinois against property-related risks like undisclosed heirs or forgery; typically ranging between 0.5%-1.0% of the home sale price, these policies typically cost 0.5%-1.0%. Homeowner’s policies aren’t required by law, but are recommended in order to avoid potential legal disputes related to ownership. Plus, this one-off payment provides […]

With recent bank failures such as Silicon Valley Bank, it’s essential that you understand how FDIC insurance works and can protect your funds up to $250,000 should a bank fail. This government-backed protection offers peace of mind. FDIC insurance covers deposit accounts and official items like cashier’s checks. Gaining knowledge of FDIC can help you […]

Dirt bikes do not qualify for coverage under standard auto policies; instead they fall under the category of motorcycles and thus require licensing and registration as well as an insurance policy which meets minimum liability requirements in your state. There are various strategies you can employ to lower the costs associated with dirt bike insurance, […]

Health insurance often (but not always) covers psychiatry costs. When selecting your psychiatrist, make sure it is part of your health plan’s network and that they will accept payment from your insurer for visits. Some community mental health clinics and psychiatrists provide sliding scale rates based on income for uninsured patients, providing significant savings when […]

If you live in Maine and have low income, you could qualify for free or low cost health insurance through the Affordable Care Act Marketplace. Use our Maine health insurance calculator to see if premium tax credits may apply to you. When searching for health insurance in Maine, take your individual needs and risks into […]