If someone who works for you gets hurt on the job, you could be responsible for damages and medical expenses—not to mention the cost of missed work. And this could be just the tip of the liability iceberg. As a business owner, taking care of your employees is one of the most important things you can do to keep your … Read More
5 Reasons to have a Qualified Retirement Plan – Even If You are a Sole Proprietor
You are a successful business owner. You put a lot of hard work into building your business, and you are finally reaping the benefits. However, there may come a time when you’ll want to step back and triumphantly wash your hands of the business. How do you intend to plan for your financial needs in retirement? Many business owners plan … Read More
Hobby or Business
Your hobby may significantly affect your insurance needs. Hobbies often require a large investment in tangible property and may even create some legal responsibility to other persons or their property. Hobbyists: Collectors or Enthusiasts Hobbies typically involve either collectors or enthusiasts. A collector acquires property that especially attracts him or her. Examples include people who collect stamps, art, coins, autos, … Read More
9 Questions To Quickly Identify Pension Prospects in 2019
[Transcript] Is a qualified retirement plan appropriate for your clients? Let’s find out. Just ask them a series of questions, any of these questions will help determine if they’re good suitable candidates. First, is your client a business? They have to be a business in order to benefit from a qualified retirement plan. Now, any type of business structure … Read More
4 Reasons You Might Want to Choose a Self-Funded Health Plan
Business owners need to look after their employees, and part of that is providing good health coverage. When starting your search for a plan, however, the variety of options available could leave you overwhelmed. What option is the most cost-effective, giving you the most coverage for your dollar? The answer for your business could be a self-funded option. Some employers … Read More
Why You Need to Provide a Mail-Order Prescription Program For Your Employees
Healthcare spending in the United States is notoriously high. As of 2016, the U.S. spends 17.6 percent of its GDP on healthcare—more than any other developed nation. One of the biggest contributors to these costs is prescription medication. The average American spends an estimated $1,200 per year out-of-pocket on their prescriptions. And for individuals with severe health concerns, that number … Read More