Battle to Make Employees Care About Benefits Sign-Ups

November 10, 2024
Agent7

Despite the importance of open enrollment, most employees lack enthusiasm when asked to review health insurance and other benefits forms annually. Nearly 7 in 10 (67%) spend 30 minutes or less on options, per a 2023 Voya Financial survey, with 42% taking just 20 minutes. Additionally, around 90% opt for the same selections as the […]

Employer Health Costs Set to Spike Upward in 2025

November 9, 2024
Agent7

Employers should prepare for a major increase in healthcare costs in 2025, with new projections showing rises of 8-9 percent or more over this year’s spending. This dramatic uptick comes as a result of several key factors putting pressure on health plans, including widespread inflation, demand for expensive specialty medications, and a growth in catastrophic […]

New Guidance Allows 401(k) Matches for Student Loans

November 8, 2024
Agent7

The IRS recently released long-awaited rules that provide employers with clarity on how to implement a popular new 401(k) plan feature: matching contributions for employee student loan payments. This new IRS notice comes after changes made last year under the SECURE 2.0 Act allowed companies to match 401(k) contributions and student loan payments dollar-for-dollar. Who […]

Check out 2025 Marketplace coverage options – find, compare, & save!

November 7, 2024
Agent7

Published on November 7, 2024 Before you apply, check out 2025 coverage options in the Marketplace and get an idea if you qualify for savings. Answer a few quick questions to preview plans and prices before enrolling or renewing coverage for 2025 — you don’t even have to log in! Enroll by December 15 for coverage […]

What to Look for When Test Driving a New Vehicle

November 6, 2024
Agent7

Test driving a new vehicle is an exciting part of the car-buying process, but it’s also one of the most important steps to ensure you’re making the right choice. A quick spin around the block can give you a feel for the car, but to truly evaluate it, you’ll want to look deeper. Here are […]

Unlocking the Benefits of Your CAA Card

November 5, 2024
Agent7

We are committed to providing comprehensive coverage and exceptional service to Ontario residents and are always on the lookout for ways to enhance the value we offer to our clients. One invaluable resource that we recommend for all Ontarians is the CAA card. Now, you might be wondering, “why bother with a CAA card?” Well, let […]

Supporting Employee Mental Health with Group Benefit Plans

November 4, 2024
Agent7

In today’s fast-paced work environment, mental health is more important than ever. As an employer, one of the best ways to support your team’s well-being is by offering a comprehensive group benefits plan that includes mental health support. These plans not only provide financial relief but also give employees access to valuable resources, helping them […]

How to Lower Your Insurance Premiums: Practical Tips That Work

The Importance of Commercial Real Estate Insurance for Your Business

November 3, 2024
Agent7

Owning commercial real estate is a significant investment, and with it comes the responsibility of ensuring your property is properly protected. Whether it’s an office building, retail space, or industrial property, unexpected events like fires, floods, or vandalism can cause significant damage, potentially leading to business interruptions and financial loss. Commercial real estate insurance is […]

How to Lower Your Insurance Premiums: Practical Tips That Work

November 2, 2024
Agent7

Auto insurance is a necessity, but that doesn’t mean you have to pay sky-high premiums. By making a few smart adjustments and taking advantage of available discounts, you can significantly reduce your auto insurance costs without sacrificing coverage. Here are some practical tips to help you lower your premiums. Shop Around for Better RatesOne of the […]

Enroll in 2025 Marketplace health insurance: Apply today!

November 1, 2024
Agent7

Published on November 1, 2024Don’t delay — enroll today! Open Enrollment for 2025 health insurance is here. Enroll in a new plan or change your coverage for the year ahead.Notice: Enroll by December 15, so your coverage can start January 1. Open Enrollment ends on January 15, 2025. Apply and enroll at HealthCare.govThere are several […]