Entries from September 2011 ↓

When it comes to your Philadelphia life insurance, there are a number of different policies that you can choose from. However, life insurance policies usually comprise one of three types of policy. These are Term life insurance, Whole life insurance and Universal life insurance.

Term life insurance is a life insurance policy that offers the insured coverage over a fixed term. Holders of these insurance policies pay fixed payments for the duration of the policy. Pay-outs are only made if the insured person dies while the policy is still active.

Whole life insurance policies provide guaranteed coverage up to a particular age, but will pay out a death benefit even if the person covered by the policy lives beyond this age. Like terms insurance policies they involve a series of fixed payments at regular intervals.

Universal life insurance is similar in some ways to Term Life but more flexible – it contains a cash component and so once the cash level has built up, the policy holder may be able to reduce or cease paying premiums for a period of time. Some policies may also allow the holder to borrow against it.

There are also now many variations of these policy types. Life insurance is a tremendously complex area so we’d strongly recommend speaking to an agent and considering your needs and circumstances at length before making a decision.

Anyone who works in the non-profit sector knows all too well it can be lot of hard work with not a lot of financial reward. For those passionate about the arts, charities, education, or the environment, working within a non-profit organization can reward in other ways – like knowing that you have helped achieve worthwhile change. You should always remember your organization is first and foremost a business however. And as non-profit organizations can be extremely vulnerable financially, it’s vital to consider your business basics such as California business insurance.

One way to take some of the work out of the insurance runaround is to opt for a package policy. Package policies are generally available for small to medium sized businesses that meet certain criteria. Packages may be tailored for certain areas, such as non-profit organizations. And while they do vary between different providers, the most common insurance package of this type is called a Business Owner’s Policy, or BOP.

A BOP is designed to cover property, contents, liability and often a few other types of policies. You can save valuable time by putting all of these various insurance products in to one contract, and it can sometimes be more cost effective to do so.

Money is often tight in non-profit organizations, and should you be struck by a disaster such as a fire or major break-in, the effects could be devastating. To ensure you have the correct types and cover amounts within your business insurance it can be a good idea to enlist the assistance of a knowledgeable agent.

Are your workers exposed to high temperatures in their work environment or do they undertake outdoor work in the summertime? If so they could be at risk of dehydration. Dehydration occurs when the amount of water lost through sweat and physical exertion exceeds the amount of water being consumed. This can lead to heat stroke which may be fatal in some cases. It is important to be aware of the early signs of dehydration and take measures to combat any adverse effects before heat illness affects your staff or even leads to a claim for workers compensation in New York.

Signs of dehydration include:

• Dry mouth
• Muscle cramps
• Nausea and vomiting
• Heart palpitations
• Weakness
The best way to prevent dehydration is to maintain an adequate level of hydration by regularly drinking water. Ensure workers have constant access to water and encourage them to drink at least 1 cup every 20 minutes if working in extreme heat or undertaking tasks which require a lot of physical exertion (or both!).

Sports drinks can help workers maintain a safe level of hydration as can eating regularly. Snacks containing a moderate amount of salt can help replace electrolytes lost during sweating and may reduce the likelihood of dehydration – and anything you can do to promote the health and well being of your employees may lower the risk of workers compensation claims for your New York business.