Year 2 of New York State’s Paid Family Leave On August 31st, New York’s Department of Financial Services (DFS) published the NY Paid Family Leave (PFL) rate for the 2019 calendar year. For 2019, the maximum contribution rate for Paid Family Leave will go from 0.126% to 0.153% of the employee’s gross annualized wages capped at the new annualized New York State Average Weekly Wage (NYSAWW) of $70,569.72* per year (learn more here); which translates to a maximum annual premium contribution of $107.97 per employee. The rate for Paid Family Leave has been increased 21.4%. This takes into consideration the increase of benefits for 2019 which has also…
Question 86 in 100 Insurance Questions in 100 Days Video Series! Isn’t that what insurance is for? Yes it is, and more. However, your rates are based on your past, if something in the future changes, so will the insurance rate. That is the nature of the insurance business. Find out more in this brief video.
Question 83 in 100 Insurance Questions in 100 Days Video Series! When listening to a radio ad about insurance and being enticed by a “free quote”, do you ever wonder…hmm how much is this Free Quote saving me? I’ll bet not. So, do you ever have to “pay” for a quote? Watch this video as we pull the cover off the insurance industry (lol).
Question 63 in 100 Insurance Questions in 100 Days Video Series! As wonderful as it may seem, it’s a good thing we can’t offer policies with every single company who offers personal or commercial insurance. Watch this brief video to see why.
When the Neighbor’s tree falls on your property…who pays? Have you ever wondered what would happen if that giant ash tree of your neighbor’s decided to take a fall…onto your house? Trees are wonderful, grand specimens that mother nature has so generously provided to us. Unfortunately, every tree will eventually make its way to the ground. Unless, it gets stopped along the way. Then what? For those who have never had this happen, your first call might be to your neighbor to say “Good morning, your decrepit tree came down and caved in my roof last night. Let’s get your…