My Kids are Grown, I've Paid Off the House, Do I Still Need Insurance?
SPECIAL TO THE STARR GROUP; By Diane Gastrow, Life Insurance Advisor, Ellenbecker Investment Group
This is a question we are often asked by our clients as they near retirement. My answer is always “it depends”.
Depending upon an individual’s circumstances, their overall health and their desire to protect a spouse or a child or to leave a legacy, it may make sense to maintain life insurance.
Have you met your retirement funding needs? Do you have other debt? Will your surviving spouse have sufficient resources if your pension payments stop or they are receiving only one social security check?
Safety, Coaching and Documentation
Recently, our Safety Consultant Ron Humphreys brought to our attention two problematic issues with OSHA compliance he’s seen among some of our clients. We felt it was important insight to share with all our business customers.
“As basic as this is,” Humphreys said, “I’m still surprised how many organizations are unprepared to confront an OSHA inspection and/or investigation!” He pointed out that not being prepared in advance has caused several companies to obtain unnecessary violations, which resulted in additional costs and fines that could have been avoided.