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What Companies Should Know Before Offering Employee Life Insurance

Pacific Prime

Companies offering employee life insurance as part of their employee benefits package is an excellent talent retention strategy. A life insurance policy will help protect the employees’ dependents from financial pressure when meeting outgoing expenses in the event of the former’s untimely passing.

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The pros and cons of term life insurance vs. permanent life insurance

Higginbotham

One of the first and most important responsibilities embraced by every breadwinner is life insurance. Should they lose your support, life insurance will immediately pay your beneficiary the cash value of the life insurance policy, with no taxes owed, providing a lifeline to resolve debts and pay living expenses.

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How Life Insurance Works With Wills And Trusts

Take It Personel-ly

There aren’t many things more important in your financial plan than your life insurance and final will and testament. These financial tools provide you with the peace of mind that both yours and your family’s need will be cared for in the event of death, disability, or terminal illness.

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Financial Shocks: What You Need to Know

Money Talk

Financial shocks are events that result in unexpected expenses and they are especially challenging for individuals and households with limited resources and tight budgets. childcare, food, insurance, rent, utilities) ¨ Car accidents ¨ Disability ¨ Divorce ¨ Large home repairs (e.g.,

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Safeguarding Your Business MVPs: The Power of Key Person and Disability Insurance

CorpStrat

However, have you considered what would happen if unexpected events were to occur? This is where the importance of employee benefits, key person insurance, and disability insurance comes into play. In the world of sports, MVPs like LeBron James and Shohei Ohtani are considered invaluable assets to their teams.

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What You Need to Know About Beneficiaries

BerniePortal

A beneficiary is an individual who is chosen to receive the benefits of property, typically in the event that the owner passes away. The benefits are often monetary, but they can also be anything else of value that is being passed down.

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2022 Personal Finance Year in Review

Money Talk

Below are dozens of important events and trends from the past year: High Inflation- The consumer price index (CPI) started out the year at a 12-month percentage change of 7.5% Homeowners insurance premiums increased by 12.1% on average and renters insurance premiums averaged $18 per month. in June 2022, and stood at 7.1%

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