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How to Choose Business Insurance

Zenefits

One of the most important items a business owner should tend to in that critical phase is getting business insurance. 2021 reportedly proved the second-most costly year recorded for insurers worldwide, largely due to U.S. Insured losses from natural catastrophes alone totaled some $120 billion.¹ extreme-weather events.

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PEO vs. Insurance Broker: 6 Differences Business Owners Need to Know

Zenefits

In 2021, a reported 57% of non-elderly people were covered by employer health insurance.¹ While a small business isn’t required to provide health insurance to its employees, as it grows and scales, this changes. To provide these health benefits, employers can work with either a PEO or an insurance broker. What is a PEO?

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Decoding Life Insurance as an Employee Benefit

Zenefits

Generally, health insurance, PTO days, and remote work tend to be the top core offerings. But there’s another bread and butter benefit that should be on your radar: life insurance. How does employer-sponsored life insurance work? Purchasing life insurance for your workers is fairly straightforward.

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Transferring Risk Helps Relieve Leaders’ Biggest Fears

Chief Executive

Some companies perceive buying insurance purely as an expense, a drain on profits. The following are just a small handful of risks that the surveyed global leaders identified as being most troublesome, and potential insurance solutions that may be worth considering to transfer those risks.

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Preparing For The Big One

Chief Executive

For those that did, cyber insurance helped defray the remediation expenses and the loss of business income. He’s referring in part to the decision by one of the world’s largest cyber insurers, London-based Lloyd’s Market Association, to exclude coverage for state-sponsored cyberattacks. Today is a different story.

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The 2023 Tax Deduction Cheat Sheet

Zenefits

Employee benefits, including 401(k)s , life insurance , childcare , disability insurance, and bonuses. It’s possible to deduct depreciation as well, and this applies to furniture, equipment, and any other business asset that loses its value over time. Health and business insurance. Auto insurance for business vehicles.

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The Power Of Financial Resilience

Chief Executive

Senior organizational leaders can work with employee benefits teams to clearly define the investment tactics and insurance products offered by the company that employees can use to grow and protect their wealth. We don’t offer insurance products that can’t outperform what we illustrate. Northwestern Mutual is a “no surprises” business.