We can all agree that safety is a huge concern in the construction industry. Out of every 5,000 private-industry worker fatalities, 20% are in construction. Contractors and subs alike are constantly looking for ways to improve their safety protocols to be more time efficient, cost effective and proactive in keeping everyone safe and healthy. Sure, […]
Read MoreWhat do mortgage interest rates have to do with life insurance?
You may have heard that, or even capitalized on, mortgage loan interest rates being at historic lows lately. That has in turn resulted in more homes being purchased. And what do people consider their biggest financial asset and also their financial safe haven? Their home. Many new homeowners will obtain life insurance upon purchasing a […]
Read MorePayroll Tax Holiday – To opt in or to opt out?
It’s only fitting for a year like 2020 to have an unorthodox holiday come early… the payroll tax holiday! May not sound very exciting but it’s an important one with some grey area that everyone should understand fully. Here’s a quick back story: On August 8, 2020, President Trump issued a proposal to stop withholding […]
Read MoreWhat if you were told your construction company could be fined up to $132,589?
As this year’s Construction Safety Week wraps up, let’s look at some pretty staggering statistics relating to jobsite and workplace safety, as well as some new-age solutions to these age-old problems. – The average cost of a slip or trip injury causing time away from work: $46,000 {National Safety Council} – It is estimated that […]
Read MoreKey Person Insurance: How it Works and Why it’s Important
Most of us understand the importance of life insurance when you consider your family’s well-being and financial security. But what about the businesses left behind when an owner or principal passes, no longer able to maintain that company’s success? Or having the financial burden of finding a replacement for that person? Key person life insurance […]
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