When employees are in their 30s, job-hopping and looking for the organizations with the best salaries and benefits packages, long-term care insurance (LTC) is not usually on their minds. But, the fact is, it should be. Life insurance sales increased during the coronavirus pandemic. And it’s good that even younger employees started exploring their own
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
The trend of bleisure, blending business and leisure while you’re away, is on the rise. One recent statistic found that 60% of all long-distance business trips in the U.S. turn into bleisure trips. When we’re not setting trends in the insurance industry here at DBL Center, we’re always willing to hop on trends that mean
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
As we enter a new working world post-pandemic, with many employers permitting flexible working hours or work-at-home arrangements, it’s required some adjustments. A new McKinsey American Opportunity Survey revealed that 58% of Americans report having the opportunity to work from home at least one day a week, with 35% working from home five days a
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
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,