3 Myths About Life Insurance
Posted: March 24, 2016
3 Myths About Life Insurance It may seem simple on the surface, but there are many misconceptions about life insurance, and some people still believe them. Here are several we can debunk: Myth 1: You're better off investing your money than buying life insurance. This is the "self-insurance" myth. It holds that by investing your money and letting it grow, you'll ultimately accumulate so much...
Learn the ABCs of Asbestos
Posted: March 10, 2016
Learn the ABCs of Asbestos Contrary to popular opinion, asbestos is still around: asbestos liability remains one of the biggest threats to U.S. businesses, and the insurance industry estimates that asbestos-related losses could go as high as $85 billion. Here are the ABCs of asbestos - something you may not have thought you'd need to know about: Asbestos: Naturally occurring in the environment, asbestos is...
Driverless Cars & Insurance?
Posted: March 2, 2016
Driverless Cars and Insurance Issues... For those eager to try an autonomous vehicle, the future is now. Earlier this year, the Canadian province of Ontario announced it will take applications for driverless test car licenses, providing there is a licensed driver to take over if necessary. This raises a question: How will the insurance industry handle automated vehicle coverage? Underwriting: Currently, an insured's accident history,...
Lightning Protection
Posted: January 28, 2016
When Unreimbursed Losses May Result in Tax Deductions Have you suffered a business property loss in a disaster? Did the destruction result in unreimbursed loss? If so, there's good news. When tax season rolls around, you may be able to recoup some of this loss. Under the U.S. tax code, unreimbursed property losses can be included in itemized deductions. So if a storm or...
Home Security?
Posted: January 10, 2016
What You Need to Know about Home Security Did you know...? Over 1.7 million burglaries occurred in the U.S. in 2014. Burglar-proofing can prevent nine out of 10 break-ins. Insurance discounts of between 2 and 15 percent are typically available to homeowners who install security systems. With these facts in mind, it's small wonder many homeowners install systems to beef up their home security. It...
