What Happens To My Life Insurance If I Am In A Coma?
Posted: September 22, 2020
A coma is a state of extended unconsciousness due to inefficient brain function. This unresponsive state can be caused by a traumatic blow to the head, oxygen deprivation from choking or drowning, severe infection, exposure to toxins, or extremely high blood sugar. Under most circumstances, life insurance policies do not pay out as long as the policyholder remains alive. If you are in a coma...
Understanding 401(k) Terms: Sponsor & Third-Party Administrator
Posted: September 13, 2020
A 401(k) plan is an excellent benefit for employers to offer employees. It is a tax-deferred, defined-contribution retirement account that gets its name from a section of the IRS Code. Many employers offer matching funds for all or part of their employees’ contributions to a 401(k) plan. If you are opening a 401(k), two key terms to understand are “sponsor” and “third-party administrator.” What Is...
The Importance Of Stretching Before Exercise
Posted: September 10, 2020
For decades, we have been told about the importance of stretching before exercise. But how many people really understand why it is so important? In a nutshell, stretching serves as a critical link for the body between a sedentary state and physical activity. What Makes Stretching So Important? If you want to be truly fit, it is not enough to build muscle and get aerobic...
What Life Insurance Policy Is Best For Me?
Posted: September 7, 2020
If you have a family depending on you, it is more important now than ever to have life insurance. There are many factors to consider when shopping for a policy. Our friendly agent can help you get the best quote on life insurance that suits your family’s needs. What Are The Major Types Of Life Insurance? The two major types of life insurance are term...
Do I Need To Offer My Employees Dental & Vision Plans?
Posted: August 28, 2020
Under the Affordable Care Act (ACA), employers with 50 or more full-time employees must provide health insurance or pay a hefty penalty to the IRS. Smaller companies that are not required to provide health insurance to their employees can benefit from the Small Employer Health Care Tax Credit under ACA, provided they pay at least half of their employees’ health insurance premiums. But what about...