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Archives: 2022

Are You Underestimating Your Need for Disability Insurance?

If you don’t place a high priority on disability insurance, you are not alone. Although most people underestimate their chances of disability, the risk is higher than you might think. Approximately one-third of the population will experience a disability before 65, as reported on Kiplinger. Underestimating the odds of needing disability insurance could be a big mistake. According to TMA Insurance Trust: Approximately one in...

5 Medical Malpractice Insurance Myths

If you are practicing medicine, malpractice insurance is a must. Myths and misunderstandings surrounding professional liability insurance for doctors make the subject more complicated than it is. Here are some common medical malpractice insurance myths, followed by the facts: You Cannot Be Sued for More Than Your Policy Limits This statement is false. You are the one being sued for malpractice. If a jury awards...

Umbrella Insurance Policy: How it Works and What it Covers

What is an Umbrella Insurance Policy?  An umbrella insurance policy provides coverage above and beyond the typical property insurance. It covers property damage, injuries, personal liability situation, and certain lawsuits. Let’s say you own a rental property, and you buy landlord insurance for that property that covers up to $300,000 in liability. Accidentally, your tenant in that property was injured on the premises and sues you for damages and the cost of the injuries is $500,000. Your landlord policy will cover $300,000 of the injuries, but who will cover the remaining $200,000?...

5 Boat Safety Tips for the Summer

When people are out boating in the summer, safety can sometimes take a backseat to pleasure. This could be a tragic mistake. In 2020, there were 5,265 boating accidents in the U.S., causing 767 fatalities and 3,191 injuries, as reported by the U.S. Coast Guard (USCG). Enjoy the sun and the water but keep the following boat safety tips in mind. Don’t Drink While Boating...

The Impact of COVID on Our Lives Two Years Later

We’ve been through a lot these past two years. It’s easy to admit that the COVID-19 pandemic has made an impact on our lives. Now our new survey takes a look at how. Our wide-ranging survey on several societal changes, post-pandemic, asked questions from the importance of financial security to the pros and cons of returning to work. Some results were a little surprising. FEELING...