3 Types of Annuities to Consider When Investing
If you’re here, you likely know that an annuity is a relatively low-risk insurance product that pays you money, either for the rest of your life or for a set number of years. They are a popular investment option for those who prefer to have a steady flow of...
Group Captives: A Powerful Growth Opportunity for Advisors
Highlights A new McKinsey report finds that by 2030, 12 million employers are expected to move to more innovative health plan models, representing $500 million in revenue opportunities. Sixty-six percent of employers plan to switch carriers within the next four years...
Commercial Auto Insurance vs. Personal Auto Insurance
For business owners and independent contractors, understanding the difference between commercial auto insurance and personal auto insurance is essential. While both types of policies help provide coverage for vehicles, they serve different purposes. Using a personal...
Can I Update My Medigap During Open Enrollment?
Rules for Changing Your Medigap Plan During Medicare Open Enrollment The annual Medicare Open Enrollment period creates opportunities for Medicare beneficiaries to evaluate their coverage. However, many individuals remain unclear about whether they can change their...
Unbundling Healthcare Cost Savings: Inside Roundstone’s Preferred Bundle
Highlights Benefits advisors can help clients reduce healthcare spending by up to 34% with Roundstone’s preferred bundle solution. The preferred bundle combines Bywater TPA, Cigna network, and select PBMs to maximize cost control. Recent internal data shows...
Is Long Term Care Life Insurance Right for You?
Did you know that 70 PERCENT of people over age 65 will need long term care? And there’s a 91 PERCENT chance that either you or your spouse will need long term care…at some point. That’s why there is Long Term Care Insurance. Since the early 1970s, Long Term Care...
Freezing Your Credit: What It Means and Why You Should Consider It
Identity theft and fraud are growing concerns, and one of the best ways to protect yourself is by freezing your credit. This simple yet powerful step can help safeguard your financial future, but many people are unsure about how it works or whether it's the right move...
What is an Independent Health Insurance Broker?
How Independent Health Insurance Brokers Simplify Your Coverage Options Navigating the complexities of health insurance poses challenges for individuals, families, and businesses. The abundance of plan options, variations in coverage, and evolving regulations make...
Captive Insurance vs. Self-Insurance
Highlights Group captive insurance is a type of self-insurance. Participants share risk with other members. A group captive can make self-funded insurance more accessible to a small or midsize companies. Both options can provide greater control over healthcare costs....
Do Auto Body Shops Report Damage to Insurance?
The process of reporting damage and filing a claim usually begins with a vehicle owner, however there are some cases when an auto body shop will directly communicate with your car insurance company. In this article, we’ll address: When body shops communicate with your...