Am I Required to Provide My Employees with Short-Term or Long-Term Disability?
Posted: February 28, 2021
Short-term disability insurance provides some income replacement when a non-work-related illness or injury leaves an employee unable to work for a limited time period. Long-term disability insurance serves the same purpose, only for longer periods of time, ranging from two years to retirement age, depending on the policy. No law requires employers to offer long-term disability insurance to employees. However, five states and Puerto Rico...
What to Know Before Buying a Minivan
Posted: February 25, 2021
We bought our first minivan in 2017. When signing the paperwork, I knew my single, 22-year-old self would have shed a tear. But I was determined. Our son was about 18 months old, and we knew we wanted more kids. With our families living an hour or more away, trips to visit grandma and grandpa usually included bags upon bags upon portable cribs upon the...
IIHS: The Safest Cars of 2021
Posted: February 24, 2021
For safety-conscious drivers, the 2021 Insurance Institute for Highway Safety TOP SAFETY PICK awards represent a wealth of choices. Each year, the IIHS, a nonprofit research and education organization, conducts tests to determine which vehicles do the best job of protecting people in the most common kinds of crashes — front, side, rollover, and rear. Vehicles must also score well in front crash prevention and headlights. The...
Does My Spouse Need Life Insurance if He or She Doesn’t Work?
Posted: February 22, 2021
When one spouse is the primary breadwinner, it is obvious why that person needs life insurance to protect the family. But a stay-at-home spouse needs life insurance, as well. Just because a person is not working at a paying job, that does not mean he or she lacks financial value. Consider what it would cost to pay another person for the services a stay-at-home spouse...
Do I Really Need Cyber Liability Insurance?
Posted: February 19, 2021
Cybercrime has become a common occurrence. A data breach can have a tremendous impact on the health and finances of a business. If your company’s data was stolen in a cyber incursion, it can damage its reputation, expose it to liability, and interrupt business operations. Cyber liability insurance allows you to transfer some of that risk to an insurance company. What Are the Cyber Risks...