Why Small Businesses should Provide Life Insurance

life insurance companies

For many small businesses, providing life insurance for their employees can be a costly endeavor. Without an adequate amount of funding, insuring the entire staff can really eat up the budget, which creates a slew of other problems if not handled correctly. However, as expensive as life insurance may be, offering it to your employees proves advantageous in many ways. Security Life insurance not only keeps your employees safe and secure, but you as well. As a business owner, you’re liable for the well-being of your staff, and if an…

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Life insurance company pursued by New Mexico officials

Insurance industry News

The insurer is currently at risk of being shut down if it doesn’t make its payments. Officials in New Mexico are currently working to collect over $100,000 from a life insurance company that has previously stated that it will not make payments to two deceased state employees who had been paying for this coverage. The insurer, which is based in Oregon, has stated that a lack of medical history form prevents the payment. According to Ed Burckle, the General Services Department Secretary, the reason that the life insurance company will…

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