How to Use a Fixed Annuity for Retirement Income
Posted: March 22, 2022
A fixed annuity works to create income stability during retirement. These insurance contracts are designed to pay the owner a guaranteed interest rate, rather than being subject to changes in the market and interest rates. These insurance policies are purchased with a lump sum, or paid for overtime, with a guarantee from the insurance company that the account will earn an unvarying interest rate. The...
Motorcycle & Boat Coverage During Winter: Laid Up vs. Canceling
Posted: March 16, 2022
Unless you live in one of our warmer states, you will need to winterize and store your boat or motorcycle during the winter months. You have several options, including canceling your insurance, reducing the coverage, or increasing the deductible. What is Lay-Up Insurance? “Lay Up Insurance” is offered by insurance companies serving the northern states, where riding a motorcycle or boating over the winter is...
How to Prepare for an Employee Going on Maternity Leave
Posted: March 13, 2022
Companies with over 50 employees are required, under the FMLA (Family and Medical Leave Act), to offer maternity leave for up to 12 weeks. Over that period, the person’s job is protected, and after the parental leave time has expired, the person has the right to return to the original job, without penalty in pay or position. When an employee is planning to go on...
What Does Health Insurance Cover After Pregnancy?
Posted: March 10, 2022
Your health insurance covers some of the medical costs during and after having your baby. Expectant mothers rely on their health insurance to cover outpatient services for prenatal visits with their doctor, screenings, medications, and inpatient care before and during the birth process. Health insurance policies vary in the options they provide, and you may need to find a doctor you like in the insurance...
3 Ways Life Insurance Can Help with Estate Planning
Posted: March 7, 2022
Estate planning is not just for those who plan to retire, or the elderly – this process is a crucial issue for anyone who wants to protect their assets and their loved ones. Life insurance is one of the most effective estate planning tools, no matter the size or value of your estate. You may be in the process of purchasing a home for your...
