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Longevity Risk: Insights From Recent Seminars

Money Talk

Time Horizon- Most financial experts recommend a savings decumulation plan with at least a 30-year time horizon for people who retire in their mid-60s. Since longevity is a big unknown for most people, nobody knows if longevity risk will affect them personally and, if so, what the (financial) damage will be.

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Practical Inflation-Fighting Strategies

Money Talk

GasBuddy, Waze), pay for gas with cash, join a retailer’s fuel rewards program, time your fill-ups (experts say Sunday and Monday are best), and check tire pressure and lighten loads. Insurance Play “what if?” (e.g., Gasoline Drive less by consolidating trips for errands, appointments, and work, find cheap gas with apps (e.g.,

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What is a PEO and what does it have to do with insurance?

PeopleKeep

Many companies often turn to professional employer organizations (PEOs) to handle various HR functions , such as employee benefits and insurance. This allows small organizations to focus on their core business operations while outsourcing certain administrative tasks to experts in the field.

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Are You Actually Covered? It’s Time to Evaluate Your Group Disability Insurance

CorpStrat

If your company provides Employee Benefits, there’s a good chance you’re enrolled in a Group Disability Insurance plan. If you’re a high-income earner who assumes you’re adequately insured, think again. These rates are influenced by various factors such as economic conditions and insurance provider policies.

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Report: Most Small Businesses Are Underinsured

InterWest Insurance Services

The bad news is that their insurance protection has not kept pace, according to a recent report. The report by specialist insurance company Hiscox found that 75% of small businesses do not have sufficient insurance. Less than half have insured their business property, such as machinery, equipment and tools.

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How to Negotiate Lower Prices

Money Talk

Think airline seats, hotel rooms, cars, auto insurance, credit card interest rates, cell phone plans, and items sold at garage sales. Below are some experts tips for haggling: Ask Better Questions - Questions that require a “yes-no” response (e.g., It is common for consumers to pay different prices for these items (e.g.,

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Cyber Insurance Pricing Ebbs

InterWest Insurance Services

After two years of massive rate increases, cyber insurance market pricing has been softening and transitioning into a buyers’ market, according to a new report by Aon Plc. In 2021 and 2022, 100% rate increases for cyber liability insurers were common, but a number of factors are finally starting to drive rates lower.