Check out this easy method to calculate your life insurance needs
Posted: March 3, 2021
We get a lot of calls about life insurance, and often an early snag in the process is figuring out how much coverage you really need. There are a number of calculation methods we can use, but a quick and easy to understand method is the DIME formula. Here’s how it works: D (ebt) Calculate all of your debts , plus anticipated final expenses like...
Did Your Business Change Operations Because of Covid?
Posted: February 4, 2021
As businesses pivoted their operations to adapt to Covid restrictions, some of the changes may have an impact on workers comp policies. Here are a few things to keep in mind when it’s time to do your next audit: Did job descriptions change?-- many folks now work remotely from home, often doing jobs virtually that previously required hands on activity. For example, some hands-on jobs...
Warning for business owners— check your health insurance policy before…
Posted: January 29, 2021
Warning for business owners — check your health insurance policy before excluding yourself on workers comp. To lower workers comp premiums, business owners often exclude themselves from workers comp, thinking they have coverage for injuries and sickness on their health insurance policies. Before adopting this strategy, it makes sense to check your health insurance policy to make sure it does not impose an exclusion for...
Does your business need Professional Liability Insurance?
Posted: August 1, 2019
Many businesses assume their general liability insurance covers most of their exposures. However, there are a number of situations that are excluded by general liability policies— professional liability being one of the main areas not covered. Is your business susceptible to professional liability exposures? Typically, businesses that provide professional advice are well aware that professional liability, sometimes referred to as Errors and Omissions coverage (E...
Protect Your Home With A FORTIFIED Roof ™
Posted: May 2, 2019
Protect Your Home With A FORTIFIED Roof ™Just wanted to pass along some information about a new grant offered by the NC Insurance Underwriting Association (NCIUA). If you have a home on the coast, you may be eligible for up to a $6,000 grant toward a FORTIFIED Roof ™ to be installed at your property. Although sufficient homeowners insurance is essential in protecting your home, a sound architectural structure for your property...