Our knowledgable agents give advice on all insurance matters.
You might not think cyber security is such a big deal.
Your clients might disagree.
And some aren’t just sitting back and hoping their attorneys are being cyber-savvy. They’re demanding proof that their sensitive information will be kept safe and secure.
Not so long ago cyber-liability was something you would read about only in science fiction.
Now it’s the hottest topic of conversation in the insurance industry.
Does your business have client data and utilize the internet? If you answered yes, then you absolutely need cyber insurance. If you answered no….well, I would wonder how you are reading this right now, but maybe you don’t need this coverage.
As a professional in the healthcare insurance industry, I have access to terms and conditions of care that most people don’t know. Recently, I have been asked to assist clients in deciphering when care is ‘preventive,’ covered at 100% by your health plan, and when it is not considered preventive.
There has been more than a little confusion about the impact of a 2014 Tax Court decision regarding IRA rollovers. The court held in Bobrow v. Commissioner, T.C. Memo. 2014-21 that you cannot make a non-taxable rollover from one IRA to another if you have already made a rollover from any of your IRAs in the preceding one-year period. There was concern that the new ruling would apply to the “rollover” of retirement accounts and limit a person’s ability to properly position those savings.
A member recently joined the NCBA health plan who had a severe history of morbid obesity, diabetes and a number of other related medical problems. Over the course of a year, this member shed well over 100 pounds, got his diabetes under control, and now exercises and takes care of his health religiously.
“Asset allocation.” These have been the buzz words for successful investing for at least a generation. Maintain the correct allocation based on your risk tolerance and your age to maximize long term return and manage risk. Generally, this means some mix of equities and fixed income assets (stocks and bonds). A more aggressive investor might have an 80/20 mix of equities to fixed income, a more conservative investor with less exposure to the stock market and more in bonds.
Are you looking forward to retirement? If you are like me, the answer may be “yes” and “no”. I can’t believe that I’m old enough to think about it, but the reality is setting in.