Insurance & Investments

Are You Offering Worksite Benefits To Your Employees?

Pedro-Palicio — Wed, 09 Dec 2009 21:12:29 +0000

Worksite Benefits, sometimes called Voluntary Benefits, offer affordable coverage to your employees, do not require employer contributions, and minimize administrative expenses. Through comprehensive worksite benefits, employees are gaining access to supplemental or enhanced coverage that otherwise might not be available to them. The diversity of benefits offered by insurance companies is very large. The most common benefits include: a) short-term disability insurance, b) life insurance, c) hospital confinement indemnity insurance, d) accident indemnity insurance, e) specified disease (including cancer) insurance, f) individual and group dental plans and vision plans, and g) Section 125 or Administrative Services benefiting both employers and employees with potential tax savings.
Worksite Benefits may be the best answer to an employer’s need to reduce benefit costs while still maintaining and recruiting top talent.
Interested in more details? Please, contact us by phone at 305-665-4508 or by e-mail at ibpalicio@uwmanagers.com.

DISABILITY INSURANCE

Pedro-Palicio — Fri, 28 Aug 2009 14:22:29 +0000

Your income is often your largest asset. If you take what you earn today and multiply it by the number of years you expect to work, you have an idea of the financial security that would be compromised in the case of a disability.
Disability happens.
Disability income insurance replaces a portion of your income if you become disabled and are no longer able to work. Most of us insure our homes and vehicles against risks, but nevertheless, many of us do not insure ourselves against the risk that we might not be able to earn an income due to a an illness or accident.
Although some employers offer group disability income insurance, it should be supplemented with individual disability income insurance, since group policies are usually not portable, and bonus and pension benefits may not be covered.
We offer an individual disability income insurance that does not require medical or financial underwriting. This is a great product for a small business owner or self-employed individual who has the income and the need for the insurance, but cannot prove it on paper.

Interested, or have a friend or client who may be interested? Give us a call at 305-665-4508.

DISABILITY INSURANCE I

Pedro-Palicio — Thu, 27 Aug 2009 21:17:38 +0000

Did you know??
Three in ten working Americans will experience a long-term disability during the working years. According to the 2002 U.S. Bureau of Census, more than 50 million Americans were classified as disabled.

Disabilities today are tending to last significantly longer than before. In 1981, a 40 year-old might be out of work with a disability for 4.3 years. In 2005, a 40 year-old’s disability could last 6.6 years.

Advances in medicine mean illnesses that used to result in death, now often result in disability. For example, while deaths from heart disease dropped 29%, disabilities from heart disease increased 36%.

Every 30 seconds someone files for bankruptcy in the wake of a serious illness.

TRAVEL MEDICAL INSURANCE

Pedro-Palicio — Sun, 16 Aug 2009 16:56:29 +0000

The travel medical insurance that we make available to you offers the best possible protection if you have a sudden and unexpected illness or injury when traveling abroad. It covers you all year round on all your trips abroad, for up to a month per trip, for about $163, or less than 45 cents per day. If you travel less often, the cost starts at $48.45 plus $3.71 per travel day. We also offer optional trip cancellation and nonmedical benefits.
This travel medical insurance has an unlimited maximum cover per person per trip plus 100% coverage of:
● Hospitalization
● Outpatient treatment by a doctor/specialist
● Prescribed medicines
● Ambulance transportation
● Medical evacuation/repatriation
● Evacuation (think of hurricanes)
● Return trip
● Compassionate emergency visit
● Next-of-kin accompaniment
and much more.
Wouldn’t you like to enjoy peace of mind on all your trips abroad?
If you don’t travel abroad, but know someone who does, please do them a favor, give them a copy of this Chit Chats and have them call us.

Have questions? Call us at 305-665-4508 or visit the Travel Insurance section of our website at www.insurance-investments-uwm.com

Health Insurance Update

Pedro-Palicio — Tue, 11 Aug 2009 18:52:51 +0000

Reminder: August is open enrollment for all one man/woman groups for an effective date of October 1st, 2009. Call us for more information at 305-665-4508.

Consider a Roth IRA

Pedro-Palicio — Sun, 02 Aug 2009 15:15:20 +0000

What is a Roth IRA?
Roth IRAs offer a unique benefit that may not be available in other retirement accounts and that is tax-free distributions.

To qualify for the tax-free treatment, the Roth IRA account has to be funded with after-tax dollars and held for a minimum of five years or until age of 59 ½, whichever come last.

Unlike traditional IRAs, owners of Roth IRAs are not subject to lifetime Required Minimum Distributions (RMDs), a distribution requirement starting at age 70 ½ and you may also contribute to your Roth IRA for as long as you live, provided you qualify and have earned income.

Good news
As of 2010, two very important rules go into effect. 1) Roth IRA conversions are no longer subject to income limits and 2) if you convert your Traditional IRA or workplace plan to a Roth IRA in the year 2010, you may be able spread the tax liability generated by the conversion out over a two-year period (2011 and 2012).

Here is an idea for you
If you have lost your job and need to, or want to, move your 401K money, put it into a Traditional IRA and next year when the new rules go into effect, convert your Traditional IRA into a Roth IRA and get all the additional benefits.

Note: Income limits for opening or funding a Roth IRA have not been affected by the 2010 changes.

SEGURO DE SALUD PARA CORPORACIONES

Pedro-Palicio — Fri, 08 May 2009 15:24:33 +0000

Sus empleados son parte indispensable de su corporación y el cuidado de la salud de ellos tiene un impacto sustancial en el rendimiento de su empresa. En efecto, estadísticas generadas en los Estados Unidos revelan que aproximadamente 168 millones de días hábiles se pierden anualmente en los Estados Unidos debido a ausencias por enfermedad.

El objetivo de los seguros de salud corporativos es generar una garantía rentable para su empresa, ofreciéndole la seguridad de que si sus empleados se enferman, tendrán acceso a facilidades y cuidados médicos de calidad cuando lo necesiten.

La ausencia de un seguro de salud corporativo, hace a las pequeñas empresas especialmente vulnerables. Éstas corren el riesgo de perder sus empleados más importantes; es posible que no puedan atraer nuevos talentos; y, en caso de enfermedad de larga duración entre los empleados clave, la firma pierde una seria ventaja competitiva. Cuando se trata de beneficios en una pequeña empresa, prescindir de un seguro de salud es la peor manera de ahorrar dinero.

Para más información sobre seguro de salud para corporaciones, por favor, visite nuestro sitio web http://www.seguros-inversiones-uwm.com

HEALTH INSURANCE FOR CORPORATIONS

Pedro-Palicio — Fri, 08 May 2009 15:20:11 +0000

Your employees are an indispensable part of your corporation and the care of their health has a substantial impact on the performance of your organization. In fact, statistics generated in the United States reveal that approximately 168 million of working days are lost annually in the United States due to illnesses.

The purpose of corporate health insurances is to offer your organization some guarantee of profitability by providing the assurance that if your employees get sick, they would have access to the best medical care and facilities when they need them.

The absence of corporate health insurance makes small businesses especially vulnerable. They stand the risk of losing their top employees; they may not be able to attract new talent; and in the case of long-term illnesses among key members of their staff, the firm loses a serious competitive advantage. When it comes to benefits in a small company, dropping health insurance can often be one of the worst areas to save money.

For more information on health insurance for corporations, please visit our website http://www.insurance-investments-uwm.com

SEGURO CONTRA SECUESTRO, RESCATE Y EXTORSIÓN

Pedro-Palicio — Thu, 07 May 2009 19:52:16 +0000

No es ningún secreto que el secuestro y la extorsión son amenazas sumamente reales y crecientes en el mundo actual, pero lo que no se sabe tan bien es que la lista de objetivos potenciales no es tan reducida como cree la mayoría de la gente. Aun cuando las personas más vulnerables siguen siendo los empleados de compañías que residen permanentemente en el extranjero o que viajan al extranjero y sus familias, las personas u organizaciones que tienen niveles altos de notoriedad, manejan sumas grandes de efectivo o trabajan con información o tecnologías sensibles corren igualmente riesgo.

Aunque la amenaza de secuestro tiende a obtener más publicidad, la extorsión constituye asimismo un problema considerable que afecta a las personas no sólo en el extranjero, sino también en los Estados Unidos de América. A modo de ejemplo se pueden citar los siguientes: extorsión derivada de daños personales, de daños materiales, extorsión derivada de polución, extorsión cibernética y extorsión relacionada con la propiedad intelectual.

Para más información sobre seguro contra secuestro, rescate y extorsión, por favor, visite nuestro sitio web http://www.seguros-inversiones-uwm.com

KIDNAP, RANSOM AND EXTORTION INSURANCE

Pedro-Palicio — Thu, 07 May 2009 19:47:23 +0000

It is no secret that kidnap and extortion are very real and growing trends in today’s world, but what most people do not know that well is that the list of potential objectives is not as small as most people believe. Even when the most vulnerable individuals continue to be company employees that reside permanently abroad or that travel overseas often, and sometimes with their families, people and organizations that have high profiles, handle large amounts of cash, or work with sensitive information or technologies are equally at risk.

Although the threat of kidnap receives more news coverage, extortion is increasing substantially not only abroad, but also in the United States of America. Examples include: bodily injury extortion, property damage extortion, pollution extortion, cyber extortion and intellectual property extortion.

For more information on kidnap, ransom and extortion insurance, please visit our website http://www.insurance-investments-uwm.com