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Archives: September 2024

Business Tips for Apartment Owners and Managers

Business Tips for Apartment Owners and Managers

  The business of managing and owning apartment buildings can create wealth for those involved, but it can also create risks that could impact earning, growth and profits. We understand there are many issues to be aware of when it comes to owning and managing apartments, but here are a few issues that we have found to be difficult to manage. Having the Proper Commercial...

2024 Business Insurance Trends to Consider

2024 Business Insurance Trends to Consider

As the end of 2024 approaches, the nature of business risk continues to evolve, driven by technological advancements, regulatory changes, and global challenges. Staying informed about emerging trends allows businesses to protect themselves against threats. There is a growing trend in crafting a business insurance policy that addresses risks associated with data breaches, regulatory compliance, the workforce, catastrophic weather, and social inflation. 1. Data Breach...

To Lease or Finance a Car?

To Lease or Finance a Car?

Deciding between leasing and financing a car is a common dilemma for many prospective car owners. This decision carries significant financial implications and can also reflect personal lifestyle choices. Whether you prioritize having the latest model or prefer the long-term benefits of ownership, you want to weigh each option’s pros and cons. Moreover, your choice can affect your insurance premiums and coverage needs, making it...

Why It’s Important to Get Life Insurance Before It’s Too Late

Why It’s Important to Get Life Insurance Before It’s Too Late

Life insurance is one of those things many people know they need but often put off for "later." However, waiting too long to get life insurance can have significant financial consequences for you and your loved ones. Whether you're starting a family, nearing retirement, or building your wealth, securing life insurance sooner rather than later can provide peace of mind and financial security. Here's why...

Key Person Life Insurance: Safeguarding Your Business’s Future

Key Person Life Insurance: Safeguarding Your Business’s Future

Key person life insurance is a specialized policy that businesses take out on the life of an employee whose death could significantly impact the company’s operations. This type of insurance is essential for protecting a business’s financial health and continuity, ensuring that it can weather the loss of a key individual without severe disruption. Who Qualifies as a Key Person? A key person is someone...