Home > Insurance News Summer 2007
Health Insurance
Health Insurance for Massachusetts Residents is Required effective 7/1/2007 - If you don’t have health insurance, in most cases you will be taxed if you don’t get it. The state has developed lower cost alternatives through most of the major insurers to make it more affordable. To buy it on your own, go to the Commonwealth Connector web site: www.mahealthconnector.org/portal/site/connector/ We can also answer your questions, and would be happy to discuss various insurer options, including Blue Cross, Harvard Pilgrim, Tufts, Neighborhood, and Fallon, if you run a business, even if you are the only employee.
Hurricane Season
Hurricane Season Predictions from FEMA - The predictions are in and forecasters are saying the 2007 hurricane season will bring higher-than-normal activity with upwards of 17 named storms. We have already seen our first named storm weeks before the season officially began. Should you be looking to improve your home insurance coverage or get flood insurance?
Life Insurance & Retirement Plans
Don’t make this mistake with your life insurance policies, and retirement plans! The New York Post (January 31, 2005) reported that a Brooklyn man says he was left destitute when his late wife’s Teachers’ Retirement System pension, worth $900,862, was awarded to his sister-in-law on a technicality. The wife had never updated her beneficiaries on her pension records, even though she had been married for nearly 20 years. Review your beneficiary forms - both employer provided and individual - on your life insurance policies and retirement plans. Call us to go over these plans with you for both the right beneficiaries, and the right mix of investments for your risk tolerance..
New Web Site
What do you think of Beacon’s new web site? We’re interested in your thoughts. Are all the links useful? What’s confusing? What’s missing? Email your thoughts. The development credit goes to Jenn Nickerson. Contact her if you’d like to develop or rejuvenate your web site: jenn@jennmearswebdesign.com.
INVEST Financial Corporation (INVEST), member NASD, SIPC, a registered broker dealer and federally registered investment advisor, is not affiliated with Beacon Insurance Group, Inc.. INVEST does not provide tax or legal advice. Please consult your tax or legal adviser for guidance on your particular situation. Securities, advisory services and certain insurance products are offered through INVEST and affiliated insurance agencies. Advisory services are offered through INVEST Financial Corporation, a federally registered investment advisor.
Internet Disclosure - Important Consumer Information: This site is for informational purposes only and is not intended to be a solicitation or offering of any security and; 1. Representatives of a broker-dealer("BD") or investment advisor("IA") may only conduct business in a state if the representatives and the BD or IA they represent (a)satisfy the qualification requirements of, and are approved to do business by, the state; or (b)are excluded or exempted from the state's licensure requirements. 2. Representatives of a BD or IA are deemed to conduct business in a state to the extent that they provide individualized responses to investor inquiries that involve (a)effecting, or attempting to effect, transactions in securities; or (b)rendering personalized investment advice for compensation. INVEST Financial Corporation Privacy Policy link: www.investfinancial.com/public/forms/ifc_madv6130a.pdf
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