Health Insurance Options to Consider For Your Small Business

July 31, 2020 by First Federal Bank

Health insurance is a benefit most workers demand from their employers. As a small business owner, you might be overwhelmed by how to provide health benefits to your employees or secure adequate coverage for yourself. But there is no reason to panic. There are plenty of options to help satisfy your health insurance needs and the needs of your...

Topics: Small Business, Entrepreneurship, Insurance

The Perks of Having a Good Credit Score

July 27, 2020 by First Federal Bank

Achieving and maintaining a good credit score will enable you to fund the major purchases that you’ve been dreaming about. Here are just some of the doors that having a positive credit history will open for you:

Topics: Insurance, Credit Cards, Personal Lending

Consider Peace of Mind with Valuable Items Insurance

July 08, 2020 by First Federal Bank

Do you own any jewelry, antiques or other valuables? If so, you may need to purchase additional insurance for these items, as their full value may not be covered by your regular policies. To help you determine whether extra coverage is right for your situation, consider these questions:

Topics: Insurance, Home Owners

Protect Your Assets during Hurricane Season

July 02, 2020 by First Federal Bank

Recent events have made it clear that businesses can live and die on preparedness for disaster. According to the Federal Emergency Management Agency, between 40 and 60 percent of all small businesses succumb to disasters like fire and burst water pipes, not including a far-reaching health crisis or major weather catastrophe. When uncertainty is...

Topics: Trending, Insurance, Home Owners

Health Coverage in Retirement

June 17, 2020 by First Federal Bank

If you’re like many Americans, you probably receive your health insurance through your job. However, when it comes time to retire, you’ll be faced with a difficult — and potentially costly — problem. Here are some tips for navigating the complicated world of health coverage in your golden years.Check with your current providerExplore how your...

Topics: Retirement, Healthy Living, Insurance

Choosing Between Low- and High-Deductible Health Plans

February 03, 2020 by First Federal Bank

Look beyond the premiums and deductibles associated with high- and low-deductible health plans to figure out which option will serve your physical, mental and financial health best.

Topics: Insurance

Insurance Terms Defined: Premiums, Deductibles, and Everything in Between

January 10, 2020 by First Federal Bank

Insurance is a must if you own a home, rent an apartment, invest in a condo or if you drive a car. Health insurance and life insurance are non-negotiables, as well. The world isn’t perfect and since bad things happen, insurance is an important safety net, helping to protect your home, auto and possessions. Knowing that you need insurance is a...

Topics: Insurance

Insurance Policies Every Small Business Should Have

November 12, 2019 by First Federal Bank

Obtaining the proper insurance coverage is one of the most important steps you can take to ensure the success of your small business. No matter what products you sell or services you provide, carefully assess all the risks your business might face and consider purchasing these key policies to preserve your peace of mind — and your profits.

Topics: Business Banking, Small Business, Insurance

Health Savings Accounts: Choosing the Right One

October 02, 2019 by First Federal Bank

Health Savings Accounts have a wealth of benefits. They can help you save on taxes, aid in bolstering your retirement fund and earn tax-free interest on your savings. Thanks to this trifecta of benefits, Forbes contributor John Goodman claims that no other savings vehicle can top an HSA. However, different HSAs are tailored to different needs....

Topics: Saving Money, Budgeting, Insurance

How to Appeal a Denied Health Insurance Claim

September 24, 2019 by First Federal Bank

Dealing with insurance red tape adds complications no one wants when facing a health issue. To receive a denial on your insurance claim, even after you’re feeling better, can be exceptionally frustrating. To help avoid unwanted stress on your finances and your peace of mind, consider the following methods to appeal a denied health insurance...

Topics: Saving Money, Insurance