Category Archives: Benefits

Why Insurance May Help You Feel Better

28 Nov

Just imagining a scenario in which you can’t pay your bills is stressful. Now imagine how stressful it would be if you really can’t pay a bill. One’s mental health could be put to the test.

Dealing with an emergency is likely to raise anyone’s blood pressure. Oftentimes, it comes with a high price. Many Americans feel unprepared to pay for one — whether the emergency is related to their health or home. A recent Bankrate survey reports that 58 percent of adults are concerned about the amount of money they have saved for these unexpected expenses.

These concerns can lead to real stress. More>>

Long Term Care Insurance 101

1 Nov

Did you know that neither your health insurance nor Medicare would pay for extended long-term care services in the event that you needed them in the future? If you develop a chronic illness or become disabled and can no longer care for yourself for an extended period of time, you’ll need long-term care services. Here are some answers to common questions about long-term care insurance to help you figure out if it’s right for you. More>>

Life Insurance Facts We Wish We Learned in School

25 Oct

If you’re an adult, you can relate: there’s so much in life that we wish we learned in school, especially when it comes to money. Whether it’s managing a budget or saving for retirement, #adulting means we either figure things out on our own or call mom and dad (trust us on this: we’re never too old to ask our parents for advice).

Since we didn’t get these lessons in the classroom, here’s a crash course of topics we think should be taught in school along with reading, writing and arithmetic. More>>

How Life Insurance-Based Executive Benefits Can Motivate Loyalty

25 Aug

Guest contributor: H.L. Vogl, JD, CFP, is director, advanced sales at Crump Life Insurance Services.

As the economy emerges from the pandemic, attracting and retaining top talent has emerged as a high priority for businesses of all sizes and industries. Working at home and in hybrid models has loosened ties to the office and made employees more mobile, putting employers around the country in competition for top talent, wherever they live. And a few weeks ago, President Joe Biden issued an executive order asking the Federal Trade Commission to develop regulations to “curtail the unfair use of non-compete clauses and other clauses or agreements that may unfairly limit worker mobility.” More>>

5 Myths Keeping Black Americans From Buying Life Insurance

17 Feb

Many of the barriers to life insurance ownership in Black communities can be traced to several myths about the process. Five myths, in particular, keep Black Americans from buying life insurance, said Delvin Joyce, a financial planner with Prudential. More>>

Why I Bought Life Insurance When I Already had Coverage from Work

14 Dec

When you work for a great employer that values its workers, you often get access to a suite of benefits, including retirement account matching and several types of insurance. Many large employers offer group life insurance, an inexpensive type of life insurance that typically offers high levels of coverage at an extremely low monthly cost. More>>

How to Maximize Tax Savings from Workplace Perks at Benefits Enrollment Time

9 Nov

Take a few minutes to review your workplace benefits for next year. Your household finances for 2021 could depend on it.

After one of the most difficult and financially stressful years for many Americans, digging back into the details of workplace benefits like health savings accounts, or HSAs, and flexible spending accounts (FSAs) is probably the last thing you want to do.

Overcome that fatigue and get to it. More>>