Hurricanes and Earthquakes and Fires, Oh My!
All About IronClad Family Protection Tips: Insurance & Financial Advisors, Employee Benefits
Insurance & Financial Advisors, Employee Benefits
According to the U.S. Census Bureau, the number of people primarily working from home tripled between 2019 and 2021. That is 27.6 million Americans. Don't think that hackers haven't noticed this, and don't think that you don't have anything to protect. Your home business is more at risk than you probably imagine, but it doesn't have to be that way. Here are 5 steps to make it more secure and ensure that your hard work doesn't get lost or stolen.
Search on the internet for "estate planning" and you'll literally find millions of results telling you what you need. (855,000,000 when I searched on Bing!) Do you really need an "Indexed Universal annually-adjusting Life Insurance policy with a tertiary dependent rider?" (I made that up, BTW.) Maybe you do, but maybe you don't. What do you really need? What are the basics that you should consider and how much time and money will it take you to get those? Well...I'm here to answer that!
As a professional getting closer to retirement, creating a will, trust, and estate plan might feel increasingly urgent. But where do you begin? And who has the time? It might feel overwhelming to create and collect documents with all the different professionals required to protect your estate, including financial planners, lawyers, and insurance agents. Then the question becomes, “How do I keep them secure, organized, and up-to-date?” It can be difficult to stop and put the energy into estate planning when it doesn’t feel as urgent as your day-to-day life. It is, however, a long-term necessity.
Over the course of our blog, we have mentioned several key elements that make an insurance company desirable for customers. From offering clients bespoke solutions to their needs all the way to making sure they are satisfied with your service and policies; everything adds up.
When it comes to legacy planning, many think that distributing your financial assets is all there is to a good legacy. However, it is important to remember that money will only last so long, while property tends to lose its sentimental value over time.
A survey published in 2019 showed that globally, 54% of individuals were concerned about their privacy. 68% of Latin Americans and 48% in North America reflected the same concern. More than 61% of Americans suggested that they wanted to do more to protect their privacy. Here is a graph to illustrate our point:
2020 has been an uncertain year, to say the least – not just for individuals but for businesses as well. There have been countless business interruptions with many leading to owners having to close their doors to the public. It’s not just COVID-19 that resulted in all this, but also numerous counts of civil unrest, natural disasters, and more.
In 2020, 54% of Americans owned life insurance while 91.5% of Americans owned a health insurance plan. Despite the large gap in ownership percentages, unfortunately both terms; health and life insurance, are often used interchangeably. This is a grave error that people make; one that can have direct impacts on their financial planning and ultimately, their health.