The Murray Group

Who do I buy key person life insurance for?

Ryan Hanley — Wed, 22 Feb 2012 13:00:07 +0000

Can an employee sue my business if I have workers comp?

Ryan Hanley — Tue, 14 Feb 2012 13:00:40 +0000

Workers compensation insurance was created to guarantee employees medical benefits in the event of work related injury. In exchange for that guarantee, employees lose the ability to sue their employer.

Does long-term care insurance cover nursing home cost?

Ryan Hanley — Mon, 13 Feb 2012 13:00:18 +0000

Long-term care insurance does cover nursing home cost as part of the general benefit structure. There are many different benefits that come to long-term care insurance.

How do I set up a health savings account?

Ryan Hanley — Sun, 12 Feb 2012 13:00:54 +0000

Health Savings Account or HSA is a type of bank account that you contribute to with pre-tax dollars and grows tax-deferred. The only catch is that you must use the funds on approved health and wellness related products.

How does my loss ratio affect business insurance premiums?

Ryan Hanley — Sat, 11 Feb 2012 13:00:31 +0000

For most small businesses loss ratio has the most obvious affect on workers compensation premiums. Loss ratio is the total losses for a policy term divided by the amount of premium you pay to an insurance carrier.