Please read our blog about a wide variety of insurance topics. Please feel free to ask us any questions.
Do I Need To Offer My Employees Dental & Vision Plans?
Posted: August 28, 2020
Under the Affordable Care Act (ACA), employers with 50 or more full-time employees must provide health insurance or pay a hefty penalty to the IRS. Smaller companies that are not required to provide health insurance to their employees can benefit from the Small Employer Health Care Tax Credit under ACA, provided they pay at least half of their employees’ health insurance premiums. But what about...
What Makes Restaurant Insurance Different From Other Business Insurance?
Posted: August 19, 2020
No matter how hard you work to ensure everything goes smoothly, problems can and do arise in a restaurant. Restaurant owners have exposure to a wide range of risks that make them vulnerable to liability and financial loss. Restaurant insurance is different from other types of business insurance as it is designed to address the unique risks faced by business owners in the foodservice industry....
Am I Required To Have Homeowners Insurance?
Posted: August 16, 2020
There is no law that says you have to purchase homeowners insurance if you own a home, as stated by the Insurance Information Institute (III). However, very few home buyers can pay cash upfront for such an expensive purchase. Most people will need to finance most of the cost of a home, and that means going to a mortgage lender. As a condition for obtaining...
What Happens To My 401(k) If I Move To A Different Country?
Posted: August 13, 2020
If you are a foreign worker in the U.S., planning to return home, or a U.S. citizen planning to move abroad, you may be wondering what happens to your 401(k) account when you leave the country. In this scenario, you have several different options from which to choose. Leave Your 401(k) In The U.S. When you leave your 401(k) in the U.S., you retain the...
Common Benefits Of Commercial Property Insurance
Posted: August 4, 2020
Owning commercial property carries significant risks, which is one reason many businesses elect to lease rather than own. Fire, theft, and natural disasters such as tornadoes and hurricanes can have a heavy financial impact. Commercial property insurance is designed to help mitigate the risk of owning commercial property. What Types Of Protection Does Commercial Property Insurance Provide? When a commercial property is leased or rented,...