Nontraditional Life Insurance Plans You Should Know About

Posted: September 22, 2021

Traditional life insurance is low risk and offers guaranteed maturity returns to policyholders. Nontraditional life insurance combines investment and insurance in a single policy. These plans invest in the market and have the potential to earn higher returns because of their higher-risk nature. If you have not been able to obtain traditional life insurance, you should know about these nontraditional life insurance plans. Graded Life...

Advantages of Offering Group Benefits in Your Business

Posted: September 13, 2021

If your small business is on a budget, you may wonder if it is worth the cost to offer group benefits to your employees. Bear in mind that your workers are your company’s most valuable asset. Think of group benefits as an investment in the future of your business, with big returns in the long run. Reasons to Offer Group Benefits Tax Advantages A number...

Newborn Safety Checklist for First-Time Parents

Posted: September 10, 2021

After the birth of a first child, many new parents are struck by the awesome responsibility they have just taken on. Newborn babies are completely dependent on their parents and caregivers to protect and nurture them. In keeping with Baby Safety Month in September, the following checklist can help first-time parents keep their newborns safe. Infant Safety Checklist Always support the baby’s head. A newborn’s...

3 Types of Living Benefits for Life Insurance

Posted: September 7, 2021

Life insurance is mainly designed to pay out death benefits to beneficiaries. But some life insurance policies also provide living benefits for policyholders. The following are three types of life insurance living benefits. Accelerated Death Benefits Most life insurance policies contain a provision known as Accelerated Death Benefit (ADB). It allows the policyholder to receive a portion of the life insurance money while he or...

What Is the Difference Between ICHRA and QSEHRA?

Posted: August 28, 2021

The first step in understanding the difference is to spell out what these abbreviations stand for. “ICHRA” stands for “Individual Coverage Health Reimbursement Arrangement.” “QSEHRA” stands for “Qualified Small Employer Health Reimbursement Arrangement.” What Is an Individual Coverage Health Reimbursement Arrangement? An ICHRA is a new type of health reimbursement arrangement that only became available as of 2020, under Trump administration regulations. It allows employers...