Monthly Archives: May 2017

Benefits of a Personal Umbrella Policy

Personal Umbrella Insurance provides extra liability coverage. It supplements your auto and homeowners insurance as it protects your assets and gives you peace of mind. What is Personal Umbrella Insurance? If you’re in an auto accident or someone is injured on your property, your auto insurance or homeowners insurance will cover your liability. However, liability… Read more »

Understanding COBRA: Involuntary Terminations

Many employers have grappled with defining “involuntary termination” under COBRA. According to a recent IRS bulletin, here are the standards. Note: These questions apply solely for purposes of determining whether there is an involuntary termination under section 3001 of ARRA (including new Code sections added by section 3001 of ARRA — but not for any… Read more »

Differences Between Mutual Funds and Life Insurance

When providing for your family’s future, you rely on investment vehicles that grow and protect your funds. Mutual funds and life insurance are two options. Compare both choices as you select the investment vehicle that best provides for your family. What are Mutual Funds? You may deposit money into a variety of mutual funds, including… Read more »

Your Attitude Towards Becoming Disabled Depends on Your Profession

A new study by MassMutual Life Insurance Company suggests that your chosen profession could indicate how you react to the thought of a potential disability. MassMutual commissioned Harris Interactive during September 2006 to conduct a Web survey of 1,023 U.S. career professionals to determine how they would react to a prolonged loss of income due… Read more »

529 Plans Versus Life Insurance for College Savings

Many parents purchase 529 plans that allow them to save for their children’s’ college education. Life insurance is another savings vehicle for children, so compare both plans as you choose the best option for your child’s future education. 529 Plans 529 Plans are a unique way to save for your child’s college education. The money… Read more »

Effectively Communicate with Your Employees

Effective human resource or other executives must be able to communicate to an executive group, a prospective employee, or business partner. To make sure that you’re communicating effectively, follow these guidelines: Tell a story. People love stories. Stories have a beginning, middle, and end. Don’t engage in death by PowerPoint. Too many presenters overwhelm their… Read more »

What is Key Person Insurance?

Key person insurance is one tool companies use to protect their business in case an important person in the company dies suddenly. Whether or not you’re a key person at your workplace, understand this valuable coverage since it potentially affects your job security. What is Key Person Insurance? When a company’s owner, president, manager or… Read more »

Disability Leave Accommodations

An employee’s serious medical condition often extends beyond the 12 weeks granted under the FMLA. Under the ADA, they’re able to take off additional time for their medical condition unless it causes an undue hardship. For example, in a case decided by the First Circuit, an employee took 15 months of medical leave and then… Read more »

Reporting Sexual Harassment in the Workplace

Sexual harassment in the workplace is a serious offense. It affects productivity, motivation and morale, and it’s illegal. Learn how to report sexual harassment as you protect your coworkers and workplace. What is Sexual Harassment in the Workplace? The Equal Employment Opportunity Commission considers sexual harassment to include several actions. Unwanted sexual advances Requests for… Read more »