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How a living benefit rider can add value to life insurance

Higginbotham

Many people purchase life insurance as a way to ensure that their loved ones will be financially secure in the event of their untimely death. But, if your life insurance policy has a living benefit rider, you may also be able to claim benefits for yourself during your lifetime. What is a living benefit rider?

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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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The Financial Costs of Being Unvaccinated

Money Talk

Below are 10 potential expenses for people who remain unvaccinated without a solid medical or other legal reason to do so. Cases have been reported of families swamped by medical expenses , getting hit with balance billing statements despite Congressional bans, and declaring bankruptcy to escape mounting medical expenses.

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What does PEO stand for in HR?

HR Lineup

Medical coverage, including dental and vision. Life insurance. Disability insurance. Accident insurance, and more. However, in the event of one, a PEO offers compensation insurance coverage to ensure you get the best medical service. Educational assistance. Drug testing. Retirement benefits.

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What is a benefits broker and how can they simplify employee benefits?

Higginbotham

Their expertise lies in understanding the insurance landscape and creating benefits packages that meet the unique needs of an employer’s workforce. This involves tailoring core benefits like health, dental and vision insurance while incorporating voluntary options, such as disability insurance, mental health benefits or life insurance.

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How Non-Medical and Niche Employee Benefits Promote Productivity

Flimp Communications

When you stop and think about it, it’s not a big surprise that non-medical employee benefits keep employees happy. But slowly, more companies are realizing they can save money by offering perks like pet insurance and gym memberships. The bottom line for non-medical benefits is that they aid in both attracting and keeping talent.

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The importance of disability insurance

Higginbotham

It’s a real risk, and it’s why anyone who depends on a paycheck needs to understand the importance of disability insurance. Why is disability coverage important? If you had a one-in-four chance of losing your house to a flood , you’d probably want to protect it with flood insurance. The FMLA doesn’t guarantee paid leave.