Accident insurance pays cash directly to the insured in the event of a covered accident. These payments can help offset the costs of out of pocket expenses for deductibles, co-payments, co-insurance, other related expenses or be used to pay everyday expenses. Since the money is paid directly to the insured, it’s really their decision on […]
Group Life Insurance Conversion and Portability Explained
As simple as some insurance terminology seems, it’s easy to get confused about what terms actually mean in the whole grand scheme of things. One area that employers and employees often get confused about are with the words we use to describe what happens to their life insurance when they leave employment. Those words are […]
How Does Basic Group Term Life Insurance Work?
Basic group term life insurance is a fringe benefit that employers provide to their employees. It’s an amount of life insurance that employees get just for being an employee of the company. It covers all eligible employees under a group certificate owned by the employer that outlines what the life insurance coverage is and how […]
Workplace Benefits: The Definitive Guide [2019]
Do you have questions about your workplace benefits? Well, you are not alone. Many employees just like you have questions about how their benefits work and which ones they should enroll in. Because of that, I put together this Definitive Guide to Workplace Benefits. It’s here to help you learn what you need to know […]
The Definitive Guide to Critical Illness Insurance
A critical illness insurance policy pays a lump sum benefit to you in the event you are diagnosed with certain covered critical illnesses. To help you make sense of these unique polices, I’ve put together this extensive guide to critical illness insurance policies. RESOURCE: This guide is a part of my larger guide called The […]
5 Types of Insurance Underwriting in the Workplace
When I work with employer groups, one of the things that decision makers often suggest is that if employees want life insurance that they can just go down the street and get it on their own. The problem is that getting life insurance is not like going to a store and buying a television. Anyone […]