Millennials and Home Insurance

Posted: October 16, 2021

More millennials are buying homes these days, as opposed to renting. By the end of 2018, this generation represented 45% of all new home mortgages, as stated in a Housing Wire article. One thing is certain, whether renting or purchasing a condo or a house, millennials need home insurance to protect them against damage to or loss of their property and against liability. Renters Insurance Your...

5 Ways to Protect Yourself When Buying a Business

Posted: October 13, 2021

Purchasing a going concern can be a great way to go into business. The company you are buying may already have established customers or clients, smoothly running operations, trained employees, and cash flow. But buying a business can be risky – it requires dedicated due diligence. The following are ways to protect yourself when acquiring a business. Do Your Due Diligence Do not cut corners...

Can Life Insurance Cover Student Loan Debt?

Posted: October 13, 2021

What Happens To Your Student Loans If You Pass Away? The short answer: It depends on the type of loans you have. Federal loans: Loans issued directly to a person through the U.S. Department of Education are discharged (“forgiven”) upon that person’s death, once the required documentation is submitted. Read more specifics about federal student loans at StudentAid.gov. Parent PLUS loans: As a type of...

Do I Need Business Insurance for My Side Gig?

Posted: October 4, 2021

A side gig is a great way to earn extra cash. It is an opportunity to branch out on your own, and it could even grow into a full-time business that allows you to “quit your day job.” One thing to keep in mind while running a side hustle is the importance of protecting your business and yourself in case something goes wrong. To be...

The DIY Guide to Winterizing Your Boat

Posted: October 1, 2021

If your boat is kept in a cold winter weather area without heated storage, you will want to winterize before the first freeze sets in. You can pay someone else to winterize it for you, or save money by doing it yourself in a few simple steps. Steps for Winterizing an Inboard/Outboard Drive Boat Gather Your Tools and Supplies A factory service manual could be...