Beginner’s Guide to Buy/Sell Protection
Posted: June 13, 2021
It is important to plan for the future of a business, but life can be unpredictable. A buy/sell protection plan is designed to help keep your business secure if the unexpected should occur. What Is a Buy/Sell Agreement? A buy/sell agreement is a contract between business partners, stipulating how a partner’s interest in the business will be reassigned if that partner dies or leaves the...
So You’re Hiring Your First Employee
Posted: June 13, 2021
Should I hire an employee or contractor? If you need help building your business, there are two ways to hire an extra set of hands – adding an employee or signing an independent contractor. While there are pros and cons to both, it’s important to understand the difference. Employee: An employee is hired to work for your company on a full- or part-time basis. This...
What Happens to my Regular Health Insurance When I get Medicare?
Posted: June 10, 2021
When you reach age 65, you gain an advantage – you are eligible for Medicare. If you already have health insurance through your employer, through your spouse, or purchased as an individual, it can help to know how Medicare will affect that health insurance. When you sign up with Medicare, it is advised that you get assistance from a local insurance agent, as the process...
The Importance of Reviewing Your Life Insurance Policy
Posted: June 7, 2021
You have likely already completed the hard part – putting a life insurance policy in place. However, it’s imperative you review your policy (or policies) at least once a year. The review will protect you from paying more than you need to, allow you to increase your coverage, or convert a term life insurance policy to a whole life insurance policy. Why Review Your Life...
Replacing or Updating Your Medicare Beneficiary Card
Posted: June 6, 2021
Your Medicare card is a sensitive, personal record that should be kept in a safe place at all times. But life happens, and sometimes Medicare cards get lost, stolen, or damaged. Life circumstances can also change, such as your name or address, and a Medicare card may need to be updated. How do you go about replacing or updating your Medicare beneficiary card? Continuing reading...