Business Insurance Quotes: How The Process Works
Business Insurance Quotes: How The Process Works Every year, millions of businesses have to renew their business insurance at some point during the year. As renewal time approaches, some businesses sit back and leave things on autopilot while others proactively seek out alternative options. Of the businesses that entertain other business insurance quotes, I would…
Creating Tax-Free Income Using Life Insurance: A Case Study
How Can Life Insurance Create Tax-Free Retirement Income? Life insurance isn’t usually the first resource people think about when planning for retirement. Usually, that’s because it’s not at the top of most financial advisors lists for their clients. And while I’m not here to tell you to forget everything your advisor has said about planning…
Business Succession Planning: How Far In Advance Should You Begin?
Thinking About Selling Your Business? Here’s When You Should Start Planning Most small business owners don’t start their own business so they can work in it forever. In order to make their business successful, most entrepreneurs just put their head down and grind. Unfortunately, when they finally come up for air and decide they want…
MVR Monitoring: Is Monitoring Your Employees Motor Vehicle Records Worth It?
MVR Monitoring: Case Study On a Monday morning, your employee is on their way to a jobsite. While driving, they blow through a red light and hit another driver head on at 55 mph. Also in the car was the drivers wife and two children – all of which suffer from severe permanent injuries. Sure,…
How Business-Owned Life Insurance (BOLI) Boosts Employee Benefits
Enhancing Employee Benefits with Business-Owned Life Insurance (BOLI) Small to medium-sized enterprises (SMEs) are in a constant battle to attract and retain top talent. An excellent way to stand out? Offering a compelling benefits package. Enter Business-Owned Life Insurance (BOLI)—a strategic move not just for financial security but for making your benefits package irresistible. Understanding…
Commercial Surety & Bonding Guide
Commercial Surety (aka bonding) is one of those things that I’ve come to realize that typically only bigger businesses are familiar with. As a result, it’s created a barrier to entry for smaller businesses who want to pursue larger jobs. It’s important for smaller companies to educate themselves on surety so that when larger projects…
Business Insurance Renewals – When Should You Renew?
Do You Hate Renewing Your Business Insurance Every Year? There are about a dozen different reasons that business owners will give me a shot at earning their business insurance. Sometimes it’s due to a bad claims experience, poor service from their agent, or continuously increasing rates. However, out of all the reasons, there’s one thing…
Commercial Umbrellas are Becoming Increasingly Important
In today’s ever-changing business landscape, commercial umbrellas are becoming increasingly important. This is a topic that comes up in almost every meeting with businesses, highlighting its significance and relevance. Commercial Umbrella – What is it? A commercial umbrella is an excess liability policy that provides additional coverage on top of general liability, auto liability, and…
3 of the Most Important Insurance Coverages for Contractors (That You May Not Be Thinking About)
The insurance landscape is changing just about as often and drastically as technology. I grew up towards the latter part of the cassette-tape era and now you can play any song you want in an instant. I haven’t been in the insurance industry that long. But, I did start my career in insurance towards the…
Retirement Savings Are Not Emergency Funds…
According to this Barron’s article, retirement accounts have become the new “emergency fund” for more and more people. Due to economic factors and prolonged inflation, there was a 28% increase in people taking hardship withdrawals from their retirement funds in 2023. Barron’s says that one of the top reasons for the increase was to cover…