Maximizing Group Benefits: The Advantages of Partnering with a Third Party Administrator (TPA) Enhancing Flexibility and Cost Savings for Employers and Employees For many organizations, offering group benefits like life insurance, health coverage, and disability insurance is a valuable way to support employees and attract top talent. However, managing group benefits can be complex [...]
Group Benefits: A Win-Win for Employees and Employers How Group Benefits Foster Security, Retention, and Financial Wellness In today’s job market, group benefits are much more than just a “nice-to-have”—they’re a powerful tool for attracting and retaining top talent. For many employees, knowing they have access to reliable group benefits, including employee insurance for [...]
Why Is It Important to Have Disability Insurance for Physicians? As a physician, your ability to practice medicine is more than just a career—it’s the foundation of your financial stability and a significant source of personal fulfillment. But what would happen if an illness or injury suddenly made it impossible for you to work? [...]
Why Should I Own Life Insurance Inside My Corporation? Running a corporation comes with a long list of responsibilities, from managing day-to-day operations to planning for long-term financial health. As a business owner, one of the most effective tools for protecting both your company and your family’s financial future is corporate life insurance. But [...]
Wage Loss Replacement Plan: A Comprehensive Solution for High-Income Employees When it comes to protecting your team, especially your top executives, a standard group disability plan might not always be enough. This is where a Wage Loss Replacement Plan (WLRP) steps in. Think of it as an extra layer of financial protection, specifically designed [...]
How Much Should I Expect to Pay for My Disability Insurance? Why is an Individual Policy More Expensive than My Group LTD? Disability insurance is an essential component of financial planning, providing income protection in case you are unable to work due to illness or injury. Many people wonder, "How much should I expect [...]
Keep in Mind, Health Buys Insurance – Not MoneyWhen considering the timing and importance of purchasing insurance, there's an important adage to remember: "health buys insurance – not money." This statement underscores a fundamental truth about obtaining insurance coverage, particularly health insurance. Often, when someone recognizes the necessity for coverage due to a sudden change [...]
In today's fast-paced world, managing insurance policies can be a complex and daunting task. As an experienced insurance broker, I understand the nuances and challenges that professionals face in handling their insurance needs. In this blog, I will outline the significant benefits of working with a dedicated insurance broker, focusing on how it can [...]
I recently encountered this question “I’m a new parent, and I'm considering buying Critical Illness insurance to make sure my family wouldn't be financially impacted if I got sick. What should I consider when looking at these policies?” This is a common concern among new parents, who are keen to ensure their family's financial stability. [...]
Group Long-Term Disability (LTD) insurance is a common benefit offered by many employers. While it provides a basic level of protection, it's crucial to understand its limitations. In this blog, I'll draw on an analogy to skydiving to explain why you might consider supplementing your Group LTD with an individual policy. The Skydiving Analogy: [...]
