COVID–19 Relief Bill Extends Unemployment Benefits, PPP and More

The $900 billion COVID–19 relief bill, passed by Congress and signed into law on Dec. 27, includes a number of provisions that affect employers and their workers in terms of paid sick leave and Emergency Family and Medical Leave Act provisions. The legislation also boosts unemployment benefits to out–of–work Americans, as well as reopening and expanding the Paycheck Protection Program that was introduced in March as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Paid sick leave and family medical leave The new law has not extended the obligation for employers to provide emergency paid sick leave…

Continue Reading COVID–19 Relief Bill Extends Unemployment Benefits, PPP and More

The Lesser Known Features of Long-Term Care Insurance

Buyers of long-term care insurance often focus on just the coverage basics, such as the level of daily benefits, length of coverage and under what conditions the policy will pay a claim. While these basics form the chassis of the policy, long-term care policies offer a host of other options that may prove beneficial to the policyholder.  Let's take a look at some of these available options: Survivorship premium waiver - If both spouses obtain long-term care policies from one insurer, some policies will provide a waiver of all remaining premiums if one spouse dies within a certain number of years…

Continue Reading The Lesser Known Features of Long-Term Care Insurance