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Disability insurance for business owners

Higginbotham

If you’re someone who’s familiar with the intensity of that commitment, have you considered what would happen to your business if you were unable to work due to a disability? In this article, we will explore the importance of disability insurance for business owners and how it can help protect your livelihood in times of need.

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Financial Aspects of “Unretirement”

Money Talk

A new job may also provide access to valuable employer term life and disability insurance. Bottom Line: If you are considering “unretirement,” be sure to cover your financial bases, especially budgeting, taxes, and health insurance. The coverage must be deemed creditable or late enrollment penalties will apply.

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Are You Financially Resilient?

Money Talk

. ¨ Purchase Adequate Insurance - Protect dependents against the loss of a breadwinner’s income with life insurance and buy disability insurance to provide continued income following an accident or illness. Increase your Financial Knowledge - Learn one new thing every day about personal finance.

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Leveraging employee financial wellness programs in your benefits strategy

Higginbotham

Employers can support them by providing employee financial wellness programs that help workers manage their money and take control of their finances. Why Employers Should Care About Financial Wellness According to Capital One, 73 percent of people say their finances are a major cause of stress.

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NFP Employee Benefits

HR Lineup

They offer a wide range of services, including group health insurance, dental and vision coverage, life insurance, short- and long-term disability insurance, flexible spending accounts, and more. NFP’s financial wellness services are designed to help employees manage their finances and reach their financial goals.

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The Disability Insurance “trust gap” Part 1: Causes

Workers' Compensation Perspectives

[The following notes background and discussion points from a series of sessions Disability Management undergraduates completing a 4 th year course on Workplace Insurance and Benefits. Part 1 explores the reasons for the lack of trust in disability insurance. The trust gap is not unique to the disability insurance sector.

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Taking a Holistic Approach Business Succession Planning

AssuredPartners

Deferred compensation plans, Section 162 bonus plans, split-dollar life insurance policies, and disability insurance all provide incentives for key executives to stay with the firm after the founder has left. Executive Benefits. A strong executive benefits program is a persuasive retention tool.