Financial wellness is the state of having a healthy relationship with money, which includes budgeting, saving, investing, and future planning. It involves understanding your financial situation, setting achievable goals, and making informed decisions. Prioritizing financial wellness can reduce stress and enhance overall quality of life. Financial Wellness Education: Employee … [Read more...] about Financial Wellness: Your Path to Peace of Mind
Pre-existing Conditions in insurance outside of health coverage: Pre-existing Conditions: Refers to conditions or circumstances that existed before the insurance policy was purchased. Pre-existing conditions present unique considerations across insurance types. In life insurance, they could encompass a terminal illness diagnosed before obtaining the policy, while in … [Read more...] about Pre-existing Conditions: Insurance Insights
Ensuring stability amid illness or injury Disability insurance is crucial for financial stability, offering income protection if an individual cannot work due to illness or injury. Without it, individuals risk losing their primary income source, leading to financial hardship. This insurance helps cover essential expenses like mortgage payments and utilities, ensuring … [Read more...] about Safeguarding Financial Futures: Disability Insurance
Parental Leave Benefit Expansion We are excited to announce an enhancement of the shared leave pool benefit, specially designed to support employees welcoming a new family member through birth, foster care, or adoption! The Shared Leave Pool enables employees to support co-workers during leaves, ensuring uninterrupted income through donated vacation time, subject to … [Read more...] about Shared Leave Pool Policy Change
Do I need a short-term disability policy? For many employees: Yes. The financial impact of a medically necessary leave from work, stretches beyond just receiving continued pay while you are medically unable to work. Medically necessary leaves are often accompanied by increased health care costs, travel expenses, and even at times, increased household expenses. I have sick … [Read more...] about Benefit Spotlight: Short-Term Disability