Insurance Best Practices

Welcome to BABM Insurance Best Practices where you can read succinct articles online. The articles will provide you with valuable information that can be immediately implemented to help take your business and personal success to the next level.

WHO NEEDS LONG-TERM CARE INSURANCE?
SEVEN QUESTIONS TO HELP DETERMINE IF YOU DO
Submitted by Tracy Timmerman
Published: October 2, 2008

In most people’s minds, they are still in high school. But every now and then, a stray white hair or wrinkle will catch their eye, and they wince. Retirement is creeping up on a majority of the Baby Boom generation, and soon, advanced age will prevail, and the majority may require assistance with their day–to-day routine.

Harassment Insurance
Nothing Frivolous About It
By David R. Carothers, CIC
Published: June / July 2008

In today’s increasingly litigious society small businesses must take proactive measures to guard the assets they have worked so hard to accumulate. Harassment accusations can be a distraction at the very least and oftentimes evolve into drawn out, capital draining legal battles. While there is no substitute for having good policies and procedures in place, there are insurance products available to protect businesses and their owners should their Human Resources procedures fail.

Empowering Employees with Health Insurance Options
By James Nichols
Published: January 2008

In addition to searching for the lowest priced health insurance options at renewal time, employers need better options to control costs for the long run and keep their employees happy at the same time. As we enter 2008 and presidential candidates debate health insurance proposals, it is important to realize that any legislative proposal would be voted on in 2009 at the earliest and enactment, if any, would not happen until 2010 or beyond.

Choose Wisely
Selecting a Workers’ Comp Carrier to Take Care of Your Greatest Asset
By Mark Gruber
Published: January 2008

With all that’s on your plate as a business owner, finding good workers’ compensation insurance probably isn’t on your A-list—if it even makes the list. That task may soon rise to the top.

Be Sure When You Insure
Tips on Purchasing Life Insurance
By Nick Castro
Published: November 2007

In terms of personal pleasure, buying life insurance is not in the same category as getting a new car or a spring wardrobe. It is a lot more complex and infinitely more important. The primary reason individuals purchase life insurance is to protect the financial security of their loved ones. It makes good sense then to use the same care in buying life insurance as you would when making any significant purchase. And whether you are looking for a new home or a state-of-the-art stereo system, shopping around for the product that best meets your needs is of utmost importance. Life insurance is no exception.