Directors & Officers Liability Insurance Vs. Errors & Omissions Liability Insurance
Posted: April 19, 2020
Directors & Officers Liability Insurance Vs. Errors & Omissions Liability InsuranceNo matter the type or size of your business, it is important to have adequate insurance coverage to protect you from liability. For protection from claims of malpractice or improperly performed services, you need errors and omission liability insurance. But this type of policy won’t cover you for every eventuality. To fill in the gaps, you may also need a directors and officers liability insurance...
Will My HSA Expire If I Stop Contributing To It?
Posted: April 13, 2020
Will My HSA Expire If I Stop Contributing To It?A health savings account (HSA) is designed to stay with you for life, but you could lose it if you don’t use it. The following is information you may not know about your HSA, including how to keep it if you have stopped using it. What Is An HSA? HSAs were created to make medical expenses more affordable. They allow people with high-deductible health plans...
Small Business & COVID-19: How Your Insurance Agent Can Help
Posted: April 9, 2020
Small Business & COVID-19: How Your Insurance Agent Can HelpYour local insurance agent is a resource for you and your business during the COVID-19 pandemic. Many small businesses are struggling to stay afloat or meet the costs of doing business—including covering the cost of insurance premiums. If your business has come to a standstill due to the outbreak, our local insurance agent can offer guidance about your options. Small Businesses: Financial Hardship & COVID-19...
Traditional 401(k) Vs. Roth 401(k)
Posted: March 28, 2020
Traditional 401(k) Vs. Roth 401(k)The Roth 401(k) was introduced in 2006 and is becoming increasingly more common. The bigger the company, the more likely it is that employees will have the option of contributing to a Roth 401(k). Although the traditional 401(k) and the Roth 401(k) share some similarities, there are also major differences between the two. What Is A Roth 401(k)? A Roth 401(k) is a type of...
What Will My General Liability Insurance Cover?
Posted: March 19, 2020
What Will My General Liability Insurance Cover?General liability insurance is one of the most important types of insurance you can buy to protect your business. It is a broad type of coverage that provides protection against general risks. General liability coverage protects you from third-party claims made against your business, such as bodily injury and property damage. It does not cover workplace injuries sustained by your employees – those are covered...