Business owners face various risks, but the right business insurance can help protect them from the unexpected costs of running a business should something go wrong. Accidents, natural disasters, and lawsuits could run them out of business if they’re not…
In short, yes, absolutely, 100%. Having a flood insurance policy is imperative! Flooding is the most common natural disaster in the United States, and Michigan is no exception. In fact, the Federal Emergency Management Agency (FEMA) estimates that there is…
What is Medical Loss Ratio? Medical Loss Ratio (MLR) is the percentage of premiums an insurance company spends on member care, claims, and administrative expenses that improve healthcare quality. What is the Medical Loss Rebate? The Patient Protection and Affordable…
Starting on January 15, 2022, most people with a health plan can purchase an at-home COVID-19 diagnostic test authorized by the U.S. Food and Drug Administration (FDA) at no charge. In addition, depending on your health plan, the test may…
The annual Medicare Part D disclosure notices have a deadline of October 15, 2022. Annual Medicare Part D Notices Medicare Part D imposes disclosure requirements on employers with group health plans that provide prescription drug coverage to Medicare-eligible individuals. Plan…
Cybercriminals create new advanced social engineering tactics and target small and medium-sized businesses. For example, the FBI estimates that cybercriminals stole more than $28 billion through email fraud from 2016-2020, with an average loss per incident of more than $150,000. Social engineering fraud involves…
As a homeowner, it’s important to have a solid understanding of your home insurance policy. One aspect that can be particularly confusing is the difference between insurance-to-value replacement cost and market value. In this article, we’ll define these terms and…
When your homeowner’s insurance policy renews, there are a few factors to keep in mind about the replacement cost of your home. First, you may see an increase in your replacement cost from your carrier this year. So, we are…
Most of us are aware that we should not openly share our passwords with anyone and should avoid reusing the same password for multiple accounts. There are also precautions like having a strong password, using an email address as your…
There is more to your home than just a roof over your head. It’s the place you raise a family and make memories. There are also threats and dangers in and around your home, placing you vulnerable if the unexpected…