Tag Archives: group health insurance

Improving The Way You Invest Before Thanksgiving!

Holidays are traditionally a busy period, but they can also present opportunities for the savvy entrepreneur to realize bigger returns. Timing is everything, however, as investors will need to get in as low on the upswing as possible to enjoy the best gains. Here, you can learn some important information for the modern American entrepreneur to save and invest money in a short period of time.

Two of the strongest days for the equity markets are the day before and the day after Thanksgiving. Since 1950, the S&P index has experienced an uptick 68.18 percent of the time, with the average gain holding at 0.71 percent.

E-commerce sales are growing steadily, and are taking a bigger bite out of bricks and mortar shopping year after year. In 2015 online sales accounted for 34 percent of holiday shopping, in 2016 the numbers were at 36 percent. Investors looking for easy gains can certainly take advantage of the shopping frenzy phenomenon occurring every year around the Thanksgiving holiday.

Thanksgiving is important to many industries, such as transport, and the food industries, but traditionally it holds little sway over the stock market results in general. It’s the day after, Black Friday, which holds the most clout. Analysts keep a close eye on the retail spending activity that occurs on this day, as it can determine the financial fate of retailers, big and small.

For many retailers, Black Friday can make or break their year, as many depend on the volume of sales on this day to push their ledgers into the black.

It’s also a special day for investors, as Black Friday always shows lots of promise for improving returns. Hold on to your retail merchandiser stocks for now, but be prepared to move on Black Friday to realize some juicy profits.

Also, hold on to U.S. Equities and equity exchange-traded funds as probability indicates that prices will nudge higher just before, and just after the Thanksgiving holiday.

Transportation also sees a huge upswing in business, as the US enters the gift-giving season and packages start to criss-cross the country by the millions. FedEx, and United Parcel Service are well worth a look for getting in before the rush.

The gloom and doom of 2008 hit the leisure industry particularly hard, but improvements have been seen since then. People have become more willing to open up their wallets to pay for a few of life’s little luxuries, and are willing to travel to do it.

Holidays have always been the travel industries most active months and the cruise industry, in general, is starting to see some upward momentum.

It may feel like the holiday season is some way off, but time has a bad habit of passing by unnoticed and the holidays will be upon us before we know it. Now is the time to start preparing your portfolio, so you are in a good position to take advantage of any upward movements.

Not sure if your employees need life insurance?

For many people, life insurance is an afterthought, and often employees don’t realize the importance of getting a proper plan. On the other hand, those who do apply for it usually have to face tons of paperwork and the risk of paying exorbitant amounts of money. This issue can be due to the nature and complexity of insurances in general; misinformation from those who sell it, and ultimately it’s not a topic that people would rather talk about and discuss with their family members. The truth is, life insurance is one of the pillars of personal finance! That’s why employer-sponsored group plans can be an especially attractive benefit for prospective employees.

With the proper guidance from the right insurance company, such as Lewis & Palmer, we make it possible to simplify the decision-making process and choose the right insurance plan for employees, employers, and their families. Here are three reasons why this is important:

1. Makes Your Employees (and their families) Feel Safe
Offering life insurance plans to your employees is a way to let them know that you care and if something happens to them, their family can be financially supported and protected. Many employees might feel intimidated by the thought of something happening to them, and for that reason, it’s important to offer a proper training. Teaching employees about the importance of life insurance will help to increase loyalty to the company as they better appreciate this benefit.

2. Keeps Your Employees Happy & Satisfied
Instructing employees on the importance of obtaining life insurance through your group plan can help increase awareness, boost loyalty, and support hiring and retention initiatives. If you offer proper insurance plans, the chances are that they will remain working for you in a grateful way because they would have a good backup plan which the can rely on. As a matter of fact, many employees when looking for a job make sure that the company offers insurance plans; if you don’t offer them, potential employees are more likely to move on and find another job offer.

3. Improves Employees’ Productivity
An ideal health status can impact an employee’s financial situation and increase productivity at work. According to the MetLife study, employees in bad health are more likely to report financial concerns. Once your employees feel safe and satisfied with the insurance plans you offer them; their productivity will increase because they will put their best effort to keep a job that gives them exactly what they need. One of the secrets of being a great employer and business owner is to keep your employees happy and safe as well as maintaining healthy relationships within the workplace.

As a conclusion, with the proper life insurance plan (among other group benefits) employees, will improve their financial and physical standing, wich will strengthen their relationship with their employers and this will result in greater retention, loyalty and increased productivity. In turn, having a committed and productive workforce will also help businesses reach their goals and achieve long-term success.

Does your organization offer life insurance as an employee benefit? Let Lewis & Palmer be part of your decision-making process! We can help you determine the best way to offer coverage that fits your budget and meets your employees’ needs.

The Great Importance of Life Insurance Plans for Employees

For many people, life insurance is an afterthought, and often employees don’t realize the importance of getting a proper plan. On the other hand, those who do apply for it usually have to face tons of paperwork and the risk of paying exorbitant amounts of money. This issue can be due to the life insurance’s complexity, misinformation from those who sell it or probably because it’s not a topic that people would rather talk about and discuss with their family members. The truth is, life insurance is one of the pillars of personal finance! That’s why employer-sponsored group plans can be an especially attractive benefit for prospective employees.

With the proper guidance from the right insurance company, such as Lewis & Palmer, it is possible to simplify the decision-making process and choose the right insurance plan for employees, employers, and their families.

Here we are some reasons why it is important to offer life insurance plans to employees:

1. It makes Your Employees Feel Safe

Offering life insurance plans to your employees is a way to let them know that you care and if something happens to them, their family can be financially supported and protected. Many employees might feel intimidated to the thought of something happening to them, and for that reason, it’s important to offer a proper training. Teaching employees about the importance of life insurance will help to increase loyalty to the company as they better appreciate this benefit.

2. It keeps Your Employees Happy & Satisfied

Instructing employees on the importance of obtaining life insurance through your group plan can help increase awareness, boost loyalty, and support hiring and retention initiatives. If you offer proper insurance plans to your employees, the chances are that they will remain working for you in a grateful way because they would have a good backup plan which the can rely on. As a matter of fact, many employees when looking for a job make sure that the company offers insurance plans; if you don’t offer them, potential employees are more likely to move on and find another job offer.

3. It improves Employees’ Productivity

An ideal health status can impact an employee’s financial situation and increase productivity at work. According to the MetLife study, employees in bad health are more likely to report financial concerns. Once your employees feel safe and satisfied with the insurance plans you offer them; their productivity will increase because they will put their best effort to keep a job that gives them exactly what they need. One of the secrets of being a great employer and business owner is to keep your employees happy and safe as well as maintaining healthy relationships within the workplace.

As a conclusion, with the proper life insurance plan (among other group benefits) employees, will improve their financial and physical situation, wich will strengthen their relationship with their employers, and this will result in greater retention, loyalty and increased productivity. In turn, having a committed and productive workforce will also help businesses reach their goals and achieve long-term success.

Does your organization offer life insurance as an employee benefit? Let Lewis & Palmer be part of your decision-making process! We can help you determine the best way to offer coverage that fits your budget and meets your employees’ needs.

Employee Benefit plans to motivate your team

Nowadays, dangling an attractive salary in front of a prospective hire doesn’t always guarantee his acceptance of the position. Numerous studies have shown that employees are interested in more than a high salary or a competitive wage. They desire employee benefit plans in addition to their take-home pay.

Group Dental, Life, and Disability Insurance

An employee benefit plan that provides group dental, life and disability insurance will set you apart from the pack. Imagine a prospective hire who is offered half a dozen positions. Your offer includes a competitive salary along with an extensive employee benefit plan including life insurance, dental insurance and disability insurance. These added benefits are the “icing on the cake” that makes the difference between the prospect accepting your offer and deciding to work for one of your competitors.

Group dental plans can be employer or employee paid. They provide access to a quality network with elite services. Group disability insurance is necessary to replace an individual’s pay in the event that he becomes ill or suffers an injury that does not have a causal relationship to his workplace activities. Group life insurance provides employees with a priceless peace of mind. It allows them to rest easy, knowing their loved ones will be financially sound in the event of a premature death or dismemberment.

401(k) and Retirement Plans

Few employees have faith in social security to remain solvent. Even if social security remains solvent, its measly payments will not allow for a fulfilling retirement. Offer your employees a 401(k) and/or retirement plans and they will be much more inclined to meet their workplace potential. Plenty of employers don’t offer these benefits, making those that do that much more appealing.

Health Insurance

Employees are tired of worrying about health insurance and whether an injury will obliterate their personal savings. You can make your company quite attractive to prospective employees and improve your employee retention rate by offering health insurance.

As time progresses, more health insurance companies are pulling out of the Affordable Care Act. Health insurance costs put a serious crimp in the average employee’s budget. Make their life simple by providing health insurance through an employee benefit plan. Such an affordable plan will provide employees with access to all sorts of medical benefits and providers. This is the perfect “carrot” to dangle when attempting to recruit talented employees who are likely to field multiple employment offers.