Posts Categorized: Life and Health

Helping Employees Understand HSA Benefits

As more and more employers offer HSAs as part of their health plan mix, they need to make certain that employees understand how to use the plans. Additionally, the goal should be to help employees form a positive perception of HSAs. Some of the reasons to consider an HSA that an employer might want to… Read more »

SHOULD YOU CONSIDER LIFE INSURANCE FOR YOUR CHILDREN?

Some people are superstitious about insurance. They might be afraid to buy Life insurance for their children, just as some people are fearful to buy it for themselves. Others feel sure that nothing bad could ever happen to their children, so they avoid spending the money to insure a child’s life. The real truth is… Read more »

What To Do With An Expensive Life Insurance Policy When Money’s Tight

When your financial resources change and you have trouble paying your monthly bills, you may consider dropping your expensive whole or universal life insurance policy. After all, you could apply your premium payments to other bills and relieve some of your financial pressure. Consider these options as you manage your expensive life insurance policy when… Read more »

ATTITUDES TOWARD THE EFFECTS OF BECOMING DISABLED DIFFER AMONG PROFESSIONS

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 »

LIFE INSURANCE: KEEP YOUR BENEFICIARIES INFORMED!

Believe it or not, millions – or possibly billions – of dollars from Life insurance policies are going unclaimed every year The primary reason: Many people fail to tell their loved ones when they take out a Life policy or don’t let them know that they are the beneficiaries.If the funds from a policy go… Read more »

Understanding Roth IRA

Saving for retirement is important for your financial future. Consider a Roth IRA because it offers five benefits. What is a Roth IRA? A Roth IRA allows you to contribute up to $5,500 ($6,500 for consumers over the age of 50) per year. You receive no tax benefits when you contribute, but the contributions and… Read more »

Benefits of Prescription Drug Insurance

Prescription drug coverage is a benefit many employers offer. You can use it to pay for your medications and improve or maintain your health. What is Prescription Drug Coverage? Most employers offer prescription drug coverage as part of your healthcare benefits package. With this coverage, your insurance pays for the medications your doctor prescribes after… Read more »