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July 20, 2010  
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  Insurance Advisors Hot Topics
 

Auto Insurance
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Insurance Advisors Terms


  > Weather
The impact of weather on businesses is more complex than you might think. Weather obviously affects outdoor operations that depend on fair weather — for example, events like fairs, festivals, concerts, sporting events or filming.
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  > Dependent Property
This refers to a kind of business-interruption endorsement on a commercial policy that protects you from financial losses caused by problems somewhere other than your business. “Dependent property” is defined as property not owned, operated or controlled by you but on which you are dependent for normal business operations.
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  > Basic Hospital
Basic-hospital plans cover only in-hospital (inpatient) care, not other services. This benefit also may be limited to an approved or network facility. Hospitalization in a different facility may qualify for less coverage or none at all.
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   Topics Related to Insurance Advisors in Minnesota:

  • Bodily Injury Coverage
  • Uninsured or underinsured motorist
  • Fee-for-service plans
  • Health maintenance organizations
  • Business owner's policy
  • General Liability
  • Term insurance
  • Universal life
  • Renters - Actual Cash Value
  • Broad homeowner's insurance

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If you live in the following cities and need an Insurance Advisor or to get a quote, you should contact our Minnesota Insurance Advisors today:

  • Andover
  • Anoka
  • Austin
  • Bemidji
  • Brainerd
  • Burnsville
  • Circle Pines
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  • Eden Prairie
  • Elk River
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  • Mankato
  • Minneapolis
  • Moorhead
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  • Owatonna
  • Rochester
  • Saint Cloud
  • Saint Paul
  • Stillwater
  • Winona
       
 
Did You Know?    
 
 
LLC envelope offers substantial advantages over other entities
There are at least five common circumstances when a tax regime other than an S corporation may be more appropriate: 1) the business cannot qualify as an S corporation; 2) the one-class-of-stock limitation for S corporations cannot accommodate certain business terms agreed to by the parties; 3) the business involves appreciating assets (i.e., assets that have, or are likely to have, a fair market value in excess of basis), such as real estate; 4) the business has considerable debt and the owners anticipate significant losses;15 and 5) the wage-reduction tax strategy explained previously will not benefit the owners because either the primary income of the business is excluded from self-employment tax16 or, in the case of newly formed companies, one or more employee-owners already receive aggregate wages or self-employment income from an existing business in an amount which approaches the taxable wage base limitation

 
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Latest News
  Latest Insurance related news in Minnesota and nationwide: Mar 02, 2007 - Secure The Right Care In Your Later Years
HIPAA offers protections for individuals who have preexisting conditions, helping them to keep coverage for those conditio
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Mar 02, 2007 - Make Sure Your Loved Ones Have Good Health Care
 ERISA Disclosure Provisions help to ensure that individuals covered by group health plans receive clear infor
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Mar 02, 2007 - Growth In U.S. Health Care Spending Slows
Despite the slowdown, the share of household personal income spent on health care rose from 5.4 percent in 2001 to 6 perce
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