Dawn Allcot is a full-time freelance writer & owner of a content marketing agency. Her work has appeared on sites that include Forbes, Chase, Bankrate, & The Balance.
Are you using IDI coverage to fill gaps in your clients’ executive benefits packages? When HR and benefits departments create group benefits plans, they often focus on the majority of employees – hourly wage workers, middle management, and those earning less than $10,000 a month gross income. But we know that the c-suite, including the
Insurance brokers serving New Jersey now have another opportunity to increase commissions with statutory benefits: Family Leave Insurance. By law, New Jersey business owners are required to provide FLI coverage for employees to bond with a new child within the first 12 months, care for a family member with a serious health condition, or to
Paid Family and Medical Leave went into full effect in January 2021 and benefits were fully rolled out by July 1, 2021. As of last summer, any eligible employees could file a claim to receive benefits. Maximum leave time varies depending on the reason for leave. Qualified employees could receive: Up to 20 weeks off
As the need for disability coverage, paid family and medical leave, and group benefits grows across the U.S., The DBL Center continues to expand its team to better serve insurance brokers. The DBL Center welcomes William Quinn, Senior Relationship Consultant for Group Benefits, to its growing family. In this new role, Quinn will work with
The DBL Center is your trusted resource for statutory disability benefits, like TDB in New Jersey and DBL in New York, that your clients need. But insurance brokers should also consider sharing the advantages of other types of coverage. Key person insurance and business life insurance are critical products that many business owners overlook. Likewise,
As the statutory insurance industry prepares for July 1 renewals, it’s a good time for insurance brokers to help them identify gaps in coverage that may be filled by ancillary benefits. The introduction of paid family and medical leave programs in a growing number of states opens new markets to statutory brokers. DBL Center brokers
Insurance brokers and employers should begin preparing now for Maryland PFML. Add Maryland to the growing list of states offering paid family and medical leave to many workers. As the federal government continues to discuss a U.S.-wide mandated paid family leave program, more state legislatures are introducing their own programs. On April 9, 2022, the
Beginning January 1, 2024, Colorado workers gain access to paid family leave to take care of their own medical conditions or a loved one. As major tech companies, including Twitter, Airbnb, DoorDash, and Reddit, advocate for federal paid family leave programs, more states are enacting legislation of their own. Colorado recently joined New York, New
New York broke ground and made waves when it introduced the nation’s most generous Paid Family Leave legislation in 2016. By 2021, benefits had been fully phased in to provide up to 67% of an employee’s average weekly wage for up to 12 weeks. And, on January 1, 2023, PFL coverage will be expanded to
When we write group benefits, including statutory disability and ancillary benefits, we often showcase how insurance coverage like enriched DBL in New York can aid in recruiting and retaining new employees and middle management. But are your clients focused on their high performers, top-tier employees – and themselves, as the company owners? Individual life insurance,
Our brokers have come to trust us for the lowest premium rates and white glove service when it comes to statutory benefits, including DBL in New York, TDB in New Jersey, TDI in Hawaii and, now, Paid Family and Medical Leave in the New England states. But, through our long-term relationships with top-rated carriers, we
As the economy continues to recover from the shutdowns forced by the pandemic, the U.S. is facing inflation rates like those we haven’t seen since the late 1970s. At last report, the inflation rate was 7.5%, with increases this monthly largely driven by oil and fuel prices. Higher energy costs affect the price of virtually