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Business Income Coverage vs. Business Interruption Insurance: What's the Difference?

Business Income Coverage vs. Business Interruption Insurance: What's the Difference?

Protecting your business with insurance is essential. It starts with understanding what each type of business insurance covers. Business income coverage and business interruption insurance are terms often used interchangeably – but is there a difference? All business insurance policies vary in what they cover. You may have access to a policy that protects repairs to a facility, damaged inventory, and lost income, or you...

The Five Types of Insurance Every College Student Needs

The Five Types of Insurance Every College Student Needs

Parents face many challenges in preparing a child for college. The process generally starts in the junior year, including monitoring grades, applying for scholarships and grants, and visiting various college campuses. The focus on college can become an all-consuming task. Once a college is chosen, and your child is accepted, a new set of challenges arises.  One neglected area to add to the college "to-do"...

Staying Healthy While Working from Home

Staying Healthy While Working from Home

Working from home has become the "new normal," even as office buildings begin to open their doors again. Most workers have transitioned to daily Zoom calls, email, and texting to perform the duties of employment. Being forced to stay home over months of restrictions, and with gyms closed for many of those months, may have caused your normal exercise regimen and track to staying healthy...

How to Plan a Road Trip Vacation

How to Plan a Road Trip Vacation

Pack smart Use a checklist. We all hate the feeling of forgetting to pack something. To avoid leaving any essentials at home, create a list a few weeks before you leave — and add to it as you think of new items. Then, pull out the list as you start packing and check off items as you go. Make extra space. Avoid the temptation to...

What is a Life Insurance Ladder Strategy?

What is a Life Insurance Ladder Strategy?

If you have family members you love, it is imperative that you protect them by putting a life insurance policy in place. A "ladder" strategy is a technique in which you purchase several term life insurance policies with a range of term periods rather than buying a single policy.  Calculating the Financial Needs of Your Loved Ones  The process starts with calculating your family's projected...