Here’s how insurance brokers can help employees and employers save money with Group Life vs. Individual Life Insurance It may not surprise those of us in the insurance industry who are constantly attuned to employees’ benefits needs, but a new study from Talker Research revealed that 59% of Americans would rather spend $15 a month
Plus: 3 reasons your insurance clients should privatize Paid Family Leave in New York now. As typically happens this time of year, the New York State Department of Financial Services announced the new PFL Premium/EE contribution rate for next year. The state has increased the premium to a contribution of 0.388% of an employee’s gross
Today, Android and iOS users, alike, can enjoy the convenience of having cancellations, renewals, and commissions at their fingertips. In September 2020, The DBL Center announced the launch of our Broker Dashboard: Net Revenue Tracker in The App Store for iOS (iPhone and iPad) users. It could not have come at a better time, as
The DBL Center is here to support our insurance brokers The insurance industry is facing more challenges than it has in decades. Turnover rates in the insurance industry have reached highs of 12% to 15%, up from 8% to 9% in recent years, according to a report by Staffboom.com, based on data from studies by
Get set for paid leave in these mid-Atlantic states. Since New York became one of the first states to introduce Paid Family Leave years ago, The DBL Center has been on the forefront of these important benefits. As more states institute mandated Paid Family and Medical Leave (PFML) programs, The DBL Center continues expanding our
The DBL Center can help you manage cash flow by staying ahead of renewals. The DBL Center is experiencing rapid growth. We are bringing on new staff to improve the service we provide to our insurance brokers and expanding our reach to more states that now require paid family and medical leave. In spite of
LTD offers “same occupation” coverage and no waiting periods for claims. Smart insurance brokers are always seeking ways to upsell ancillary benefits. If you have a stable of clients purchasing statutory benefits like TDB in New Jersey or Paid Family and Medical Leave (PFL, PFML) in a growing number of states, you have a prime
New Jersey TDB offers profit potential for brokers and advantages for business owners and claimants For years, New Jersey’s required Temporary Disability Benefit (TDB) was funded entirely by employers at a relatively low premium rate. Businesses could privatize TDB for better service, no waiting period on claims, and the option to receive benefits as a
Today’s insurance brokers face a complicated landscape of employee benefits. From learning the ins and outs of paid family and medical leave (PFML) in the states you serve, to the growing demand for benefits like Group Life /AD&D, and Worksite (Critical Illness, Hospital Indemnity & Accident), it’s a lot to manage. At The DBL Center,
Things are changing rapidly across the country in terms of employee benefits. More states have added paid family and medical leave benefits, with opportunities for brokers to earn commissions and save their clients’ money by privatizing PFML. New York State has passed pending legislation to increase the DBL premium and benefits rate, presumably by 2026.
As Mother’s Day and Father’s Day approach, we might be thinking about our loved ones and the ways we care for our own families. Many of us in the sandwich generation, late millennials and GenX, have already faced the loss of parents or may be caring for aging parents. Although these holidays are a joyful
Unlock the profit potential by helping your clients privatize paid leave programs in a growing number of states. Since New York first enacted Paid Family Leave in 2017, many additional states and the District of Columbia joined New York and California with leave options for new or adopting parents, spouses of deployed military personnel, and