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ERIE, Dad. Life insurance can pay for the ultimate expenses and provide financial security to loved ones left behind, but a new national survey from Erie Insurance shows many people are confused about this. Large percentages of respondents were unsure how different occupations and health conditions might affect who can or cannot get life insurance, and many have significantly overestimated the costs. Respondents also shared the reasons why they first received life insurance and the reasons why they do or do not have it now. “Getting life insurance is one of the most important things a person can do to…
The Specialized insurance market research provides a basic overview of trading along with definitions, classifications, use and trade chain structureThis market research report has been prepared after studying the COVID-19 EffectsThe report offers a growing market opportunities, sources of income, challenges, price trends and factors, and future market reviewsThis specialist insurance research also includes an in-depth competitive analysis of the major market players, including their company profiles, key observations related to product and business offers, recent developments, and important market strategies. The report also states 360 degree overview of the competitive landscape of the industries. SWOT analysis is used to…
Naomi Bishop Last updated on: January 27, 2021 Nothing is more reassuring than knowing that your loved ones will be financially protected if you die. But without proper planning there is no guarantee. You have probably seen or heard of tax problems and other conflicts that arise when it comes time to carry out the will of a deceased. This usually happens with life insurance. If the policy is not properly packaged, your beneficiaries could lose most of it to tax. One way to make sure that doesn't happen is to write off your life insurance policy for tax purposes.…
Paul J. Buehler III On January 14, 2021, New York StateMinistry of Labor (DOL)Commissioner Roberta Reardon has signed an order to temporarily change the system of unemployment benefit charges and to ease the burden of unemployment insurance costs incurred by all employers during the COVID-19 pandemic. The injunction states that all unemployment benefits paid to applicants since March 9, 2020 will be charged to the New York State General Unemployment Account and will not be allocated to individual employers until further notice. The injunction also cancels all charges made across the board in employers' accounts since March 9 - regardless…
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