A few years back, my son was diagnosed with type 1 diabetes. During that time I’ve learned a lot about type 1 diabetes blood sugar monitoring and adjustment. I thought I would share a few tips that might help either you if you have type 1 or for your children if you are parents of […]
Ditch the Payroll Deduction for Premium Direct Deposit
In order to offer voluntary benefits, the employer you work with has to collect the employee’s premiums through payroll deduction. However, while some employers might not have a problem with you seeing their employees, they might not want to do the payroll deduction for you. In those cases, you could collect the premiums through premium […]
17 Step Roadmap to Cut Your College Costs Big Time
In this article, I’m going to give you a complete 17 step roadmap to cut your college costs big time. When I say “big time”, I mean it’s possible to save as much as one year or more on college costs. While this roadmap is designed for kids in high school who are preparing to […]
Shake Your Fear of Using Flexible Spending Accounts
I am a big fan of flexible spending accounts and have used the medical one for as long as I can remember. In this article, I’m going to walk you through the reasons I use an FSA. I’ll also help you overcome the fear of the use it or lose it provision that keeps most […]
Fight Fraud with Employer Sponsored Identity Theft Protection
Employer sponsored identity theft protection is a relatively new benefit that employers can offer their employees. In this article, I’m going to walk through what identity theft protection is and why it is important. I’ll also cover some of the risks employees face and how they can be helped by being offered an option to […]
Why Tobacco Users Shouldn’t Pay a Tobacco Surcharge
When you set up group health insurance plans, the option exists to separate out tobacco users from non tobacco users. This allows insurance companies to charge tobacco users higher premiums. But should tobacco users really pay more? I don’t personally think so and that’s what I want to talk about today. It’s Legal to Charge […]
What is Considered Accidental Death for Insurance Purposes?
One of the most common questions I get from people about life insurance is what is considered accidental death for insurance purposes? This question usually comes up if we are talking about an accidental death benefit rider, an accidental death & dismemberment policy (AD&D) or an accident policy – all of which might pay out a death […]
3 Dependent Child Group Term Life Insurance Q&A’s
As most employee’s quickly find out, group term life insurance seems to generate more questions than you’d think for such a simple concept. One area that generates three very specific questions is group dependent child term life insurance. Who Are Considered Children? With so many different types of families, who are considered eligible dependent children […]
Is Group Accidental Death & Dismemberment (AD&D) Worth It?
Many group term life insurance plans offer employees the opportunity to purchase group accidental death & dismemberment insurance. AD&D benefits can be added as an attachment to basic life and supplemental life insurance or as a separate standalone AD&D plan. In this article, I go over what group AD&D is and whether or not you […]
How Much Life Insurance Do I Need?
One of the most common life insurance questions I get is how much life insurance do I need? Below, I walk you through 6 simple steps to determine the right amount of life insurance for your situation. Here’s the basic formula then I walk through it in more detail below along with an example. ADD: […]