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Do I Need to Buy Life Insurance?

Success

Buying life insurance isn’t usually fun, but it can be vital to your financial plan. If there are people in your life who rely on your income, life insurance can be essential to ensure that they are protected. Figuring out whether you need life insurance and what type that will work best for your family can take some thought.

Insurance 105
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What are fringe benefits? What employers need to know

Insperity

Encourage managers to reinforce continuing education through your learning portal by offering $25 gift cards for successful completion. By creating a thoughtful fringe benefits package, you can start to address those wants and not break the bank. Use your EAP to help promote various benefits to staff.

Banking 255
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A Freelancer’s Guide to Business Insurance: What You Need to Know

Success

As a freelancer or independent contractor, you may think your business is too small to need insurance. Client contracts sometimes even require you to have freelance business insurance. The bottom line: More than half of those surveyed said their biggest barrier to getting coverage was understanding what insurance their business needed.

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You need a data protection policy – Here’s the basics

Insperity

Learn to spot and prevent phishing. Contact your company’s insurance provider, if you have cyber liability Insurance. Personally identifiable information no longer only includes data like social security and driver’s license numbers. Never open an unsolicited email attachment or unknown file.

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Mental health at work: The laws and best practices

Insperity

A request for time off may be the first time you learn that your employee is struggling with a mental illness. The leave is usually unpaid, although certain states may cover time away with partial disability plans or additional private insurance compensation. Has the employee been diagnosed?

Legal 233
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Business owner beware: FLSA compliance and personal liability

Insperity

And if you think insurance can shield you from such expenses, think again. In reality, employment practices liability insurance (EPLI), which may protect a business against claims made by employees in some areas, may not cover wage and hour issues. Staying compliant.

Legal 187
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Addressing current events at work: The good, the bad and the necessary

Insperity

A note on PTO: If employees have available PTO in their leave bank or are willing to take unpaid leave, treat it as any other PTO request and allow them the time off to process a difficult current event that’s impacted them – within reason.