What Makes Hotel and Motel Hospitality Insurance Different from Other Business Insurance?
Posted: January 19, 2021
What Makes Hotel and Motel Hospitality Insurance Different from Other Business Insurance?Hospitality insurance is different from other business insurance because the industry faces a wider range of risks. A hotel or motel business owner’s policy (BOP) should cover property and assets, protect against liability, and keep you in compliance with state and federal regulations for employers. Our knowledgeable agent can custom-tailor a hotel and motel hospitality insurance package that meets your business needs. Liability Coverage for...
What Happens if I Withdraw My 401(k) Early?
Posted: January 13, 2021
What Happens if I Withdraw My 401(k) Early?A 401(k) is a company-sponsored retirement plan that gives employees a tax break on the portion of their salary they contribute to the plan. Contributions are automatically withdrawn and invested in funds of the employee’s choosing, and employers have the option to match contributions. 401(k) plans are designed for retirement savings. Early withdrawal of funds carries heavy penalties under normal circumstances. How Soon Can You...
Beginner's Guide to Commercial Auto Insurance
Posted: January 9, 2021
Beginner's Guide to Commercial Auto InsuranceAre you using company-owned vehicles to conduct business? You might need to consider getting commercial auto insurance. For those who are new to the game, this may be a confusing subject. You know you need coverage, but may not be clear on what kind or how much. Our knowledgeable agent can help ensure you have the specific coverage you need for your unique operations. The...
Can I Invest The Money In My HSA/FSA?
Posted: December 28, 2020
Can I Invest The Money In My HSA/FSA?Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) are both offered by employers and designed to ease the financial burden of healthcare. But there are major differences between these two types of plans. One notable difference is that HSA funds can be invested, while FSA funds cannot. How Is an HSA Different From an FSA? With both an HSA and an FSA you can...
Essential Insurance Coverage For Online Businesses
Posted: December 19, 2020
Essential Insurance Coverage For Online BusinessesInsurance is low on the list of priorities for many online businesses – and this could be a mistake. The truth is, online businesses face unique threats that could lead to loss of income, or the loss of the business itself. If you own an online business, purchasing an insurance policy to provide protection against common risks just makes good business sense. What Threats Do...