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Safeguarding Your Business MVPs: The Power of Key Person and Disability Insurance

CorpStrat

However, have you considered what would happen if unexpected events were to occur? We’re talking about things like illness, disability, or the loss of a key team member. This is where the importance of employee benefits, key person insurance, and disability insurance comes into play.

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Disability insurance for business owners

Higginbotham

If you’re someone who’s familiar with the intensity of that commitment, have you considered what would happen to your business if you were unable to work due to a disability? In this article, we will explore the importance of disability insurance for business owners and how it can help protect your livelihood in times of need.

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Are Your Benefits Enough to See Employees Through a Crisis?

InterWest Insurance Services

Middle class families — those with incomes of between roughly $50,000 and $100,000 per year — are becoming increasingly reliant on workplace benefits to ensure their financial well-being in case of a disability or critical illness. Simple health insurance is insufficient to carry the load. Are life insurance benefits adequate?

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The Crucial Role of Long-Term Care Insurance and Disability Insurance in Your Financial Plan

CorpStrat

However, the concepts of long-term care insurance and disability insurance can sometimes be muddled, creating confusion in the minds of many. Integral Components of Financial Planning: Both these insurance types are integral components of a well-rounded financial plan, and their importance cannot be overstated.

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What is ancillary health insurance?

Higginbotham

Ancillary health insurance is a secondary type of coverage used to supplement your traditional health insurance. The term “ancillary” means “providing additional help or support,” and that’s just what ancillary health insurance does. Examples of Ancillary Health Insurance. Group Life Insurance.

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Do small businesses have to provide health insurance?

Higginbotham

One question in particular comes up a lot: Do small businesses have to provide health insurance? For very small businesses, health insurance is often optional. Back to the main question at hand: Do these small businesses have to provide health insurance to their employees? The answer is it depends.

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The Financial Costs of Being Unvaccinated

Money Talk

It drives many of my everyday decisions like sitting outside at restaurants in 90 degree Florida weather (“I’d rather sweat than die”), events that I choose not to attend, and interactions with other people. It will also charge unvaccinated employees $200 monthly health insurance premium surcharges starting November 1.