How Much Life Insurance Do I Need?
Posted: July 22, 2021
Calculating how much life insurance involves evaluating your financial circumstances, which vary widely from family to family. In essence, you want a policy that will cover income loss due to death, provide your family with the capacity to pay off all bills, and provide your family with the financial support your dependents need. A basic calculation is to purchase a policy that pays out ten...
Business Income Coverage vs. Business Interruption Insurance: What's the Difference?
Posted: July 19, 2021
Protecting your business with insurance is essential. It starts with understanding what each type of business insurance covers. Business income coverage and business interruption insurance are terms often used interchangeably – but is there a difference? All business insurance policies vary in what they cover. You may have access to a policy that protects repairs to a facility, damaged inventory, and lost income, or you...
The Five Types of Insurance Every College Student Needs
Posted: July 16, 2021
Parents face many challenges in preparing a child for college. The process generally starts in the junior year, including monitoring grades, applying for scholarships and grants, and visiting various college campuses. The focus on college can become an all-consuming task. Once a college is chosen, and your child is accepted, a new set of challenges arises. One neglected area to add to the college "to-do"...
The Four-Day Working Week Is the Future - Here's Why
Posted: July 9, 2021
Does Your Business Change in the Summer? Each industry has its own unique business cycles: some are steady throughout the months, while others peak and valley. Many seasonal entrepreneurs feel their businesses are too small to necessitate coverage without realizing how critical it is that they are protected as businesses that operate year-round. With the seasonal peaks summer brings for many, here are some factors...
What is a Life Insurance Ladder Strategy?
Posted: July 7, 2021
If you have family members you love, it is imperative that you protect them by putting a life insurance policy in place. A "ladder" strategy is a technique in which you purchase several term life insurance policies with a range of term periods rather than buying a single policy. Calculating the Financial Needs of Your Loved Ones The process starts with calculating your family's projected...
