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

CorpStrat

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. Protecting Your Business MVPs Most companies have health insurance to cover medical expenses and illnesses.

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Employee Benefits: The Only Guide You Need

Achievers

Employee benefits are non-salary compensation and perks. Federal and state mandated benefits include health insurance, worker’s compensation, unemployment insurance, and required leave time for caring for family and/or personal medical purposes. What are benefits that are voluntary?

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Vena

HR Lineup

This includes salary and bonus structures, equity plans, job grades and levels, and more. This includes the enrollment process, claims management, and administration of benefits such as health insurance, life insurance, disability insurance, and more.

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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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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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Employee Benefits Providers: What Employers Need to Know

Empuls

  These providers handle the complex tasks of negotiating with insurance companies, managing enrollment processes, and ensuring compliance with regulations. They help identify the most suitable benefits, such as health insurance, retirement plans, and wellness programs.

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Why Your Staff Needs Short- and Long-Term Disability Coverage

InterWest Insurance Services

While their health insurance will cover their medical expenses, it won’t cover the cost of living while they recover. Only 30% of American workers in private industry currently have access to employer-sponsored long-term disability insurance coverage, according to the U.S. Bureau of Labor Statistics.