Level 5 Financial Blog

Long Term Care Insurance

This is a question that nearly all of us should be asking ourselves but in many cases fail to do. Even with the Covid-19 pandemic continuing to rage throughout the world, life expectancies are still increasing. Advances in nutrition and modern medicine are seeming to accelerate, and it’s clear that this trend toward longer lifespans will continue for the foreseeable future.

High deductible health insurance plans

It is annual enrollment time for most employer sponsored group health insurance plans. High deductible health insurance plans (HDHP) are offered to many people and it is very common to wonder, “Is an HDHP right for me and/or my family?”

Business Uses for Life Insurance

Our most recent posting compared individual insurance policies with group Insurance policies. Businesses often purchase group policies as an employee benefit for their workers, but a business can also utilize life insurance to accomplish succession goals.

Group Life Insurance

Insurance policies are issued to individuals, but also to corporations, trusts, partnerships and other legal entities. There are some noteworthy differences between group and individual policies that may be significant to our readers. While several types of organizations could purchase a group insurance policy, we’ll restrict our discussion to employer-based group policies

Insurance policies are contracts and as such, are governed by the many elements of contract law. While this blog will certainly not prepare you for the bar exam, it hopes to provide some understanding of the legal aspects of insurance policies.