What Makes Restaurant Insurance Different From Other Business Insurance?
Posted: August 19, 2020
No matter how hard you work to ensure everything goes smoothly, problems can and do arise in a restaurant. Restaurant owners have exposure to a wide range of risks that make them vulnerable to liability and financial loss. Restaurant insurance is different from other types of business insurance as it is designed to address the unique risks faced by business owners in the foodservice industry....
What Happens To My 401(k) If I Move To A Different Country?
Posted: August 13, 2020
If you are a foreign worker in the U.S., planning to return home, or a U.S. citizen planning to move abroad, you may be wondering what happens to your 401(k) account when you leave the country. In this scenario, you have several different options from which to choose. Leave Your 401(k) In The U.S. When you leave your 401(k) in the U.S., you retain the...
Common Benefits Of Commercial Property Insurance
Posted: August 4, 2020
Owning commercial property carries significant risks, which is one reason many businesses elect to lease rather than own. Fire, theft, and natural disasters such as tornadoes and hurricanes can have a heavy financial impact. Commercial property insurance is designed to help mitigate the risk of owning commercial property. What Types Of Protection Does Commercial Property Insurance Provide? When a commercial property is leased or rented,...
What Happens To My 401(k) After My Death?
Posted: July 28, 2020
For many Americans, a 401(k) is the foundation of their retirement planning. The goal is to set aside sufficient tax-deferred dollars (ideally, with matching employer contributions) to see you through from the date of retirement to the date of your death. But what happens if you die before you have a chance to spend your 401(k) funds? You certainly can’t take it with you when...
Does Workers’ Comp Cover Work-Related Accidents Outside The Workplace?
Posted: July 19, 2020
Most states in the U.S. require all employers to carry workers’ compensation insurance to cover employees in case of work-related injuries. What if a worker is injured in an accident that occurs at a location other than the job site or workplace? Generally, if the employee was acting in the course of his or her employment when the accident occurred, the incident will be covered...