Insurance Blog
Avoiding Workers’ Comp Fraud
Posted: March 4, 2021
Avoiding Workers’ Comp FraudWorkers’ compensation fraud can be expensive for employers. One of the most common types of workers’ comp fraud is employee fraud. This involves workers who seek to receive benefits under false pretenses. How Do Employees Commit Workers’ Comp Fraud? Employees have been known to commit several types of fraud to obtain workers’ compensation, including: Off-the-job injury: An employee is injured on his own time, but... Read Article
Do I Need Different Insurance for a Vacation Home?
Posted: March 1, 2021
Do I Need Different Insurance for a Vacation Home?If you have the good fortune to own a vacation home, it is important to protect your investment. You may need a separate insurance policy to cover your second home. Vacation home insurance can help protect that property against a range of perils. Why Do I Need Separate Insurance for a Second Home? For a second home you don’t live in full time, you will... Read Article
Am I Required to Provide My Employees with Short-Term or Long-Term Disability?
Posted: February 28, 2021
Am I Required to Provide My Employees with Short-Term or Long-Term Disability?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... Read Article
Does My Spouse Need Life Insurance if He or She Doesn’t Work?
Posted: February 22, 2021
Does My Spouse Need Life Insurance if He or She Doesn’t Work?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... Read Article
Does Your Life Insurance Policy Offer This Surprising Benefit?
Posted: February 22, 2021
Does Your Life Insurance Policy Offer This Surprising Benefit?Just six months after retiring from 32 years on the Richmond, Virginia, Fire Department, Len Archer got a devastating diagnosis from his doctor. He had pancreatic cancer, and he likely had only two to eight months to live. In an instant, Len, 56, and his wife, Paula, went from planning their retirement to preparing for what appeared to be the inevitable. At the urging of... Read Article