Author: admin
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How to Use Life Insurance to Fund Buy-Sell Agreements
There are many benefits that a buy-sell agreement can provide for you and your company. Here’s a quick overview on the basics of a buy-sell agreement along with the types of available plans.
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Is the Quiet Quitting Trend Impacting Your Business?
Quiet quitting is a new and somewhat controversial trend in the business world. While some news outlets have called it a fake trend, the widely-respected research company Gallup reports that it’s a legitimate phenomenon that’s now affecting up to 50% of the workforce.
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Group-term Life Insurance: Commonly Asked Questions
Many employers provide employees with employer-paid group-term life insurance benefits or arrange for employees to purchase group-term life insurance benefits. Internal Revenue Code (Code) Section 79 includes the tax rules for employer-provided group-term life insurance.
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Understanding Double Extortion Ransomware Attacks and How to Prevent Them
In recent years, ransomware attacks have steadily been on the rise. These incidents—which entail cybercriminals compromising a device or server and demanding a large payment be made before restoring the technology (as well as any data stored on it) for the victim—are one of the most damaging cyberattack methods, incurring an average of $1 million…
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Coverage for Social Engineering Attacks (Crime vs. Cyber Insurance)
Considering the recent cyberattacks on multiple US-based airport websites, we felt that this article was timely and should be shared with and by all business owners. Now is the time to sure up your systems and make your employees aware of cyber threats and how they can be targeted.
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Understanding the Advantages of Key Person Life Insurance
Key person life insurance helps minimize your risks in the event that one of your key employees dies, becomes disabled or leaves the company prematurely.