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August 24, 2010  
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Insurance Advisors Terms


  > Umbrella policy
Umbrella policies provide additional liability coverage after the limits of your underlying policy are reached.
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  > COBRA Benefits
COBRA stands for “Consolidated Omnibus Budget Reconciliation Act of 1985,” which requires companies with 20 or more employees to offer separating employees the option to continue their group health-care coverage at their own expense.
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  > Professional liability
Often called “malpractice insurance” or “errors and omissions coverage,” these policies protect professionals such as accountants, lawyers, doctors, dentists, pharmacists, insurance brokers and agents, and consultants, for negligence that injures their clients.
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If you live in the following cities and need an Insurance Advisor or to get a quote, you should contact our Hawaii Insurance Advisors today:

  • Ahuimanu
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  • Mililani Town
  • Nanakuli
  • Pearl City
  • Schofield 
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  • Wahiawa
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  • Waipahu
  • Waipio

       
 
Did You Know?    
 
 
Generally, you must report as income any amount you receive for your disability through an accident or health insurance plan paid for by your employer.
If both you and your employer have paid the premiums for the plan, only the amount you receive for your disability that is due to your employer's payments is reported as income. If you pay the entire cost of a health or accident insurance plan, do not include any amounts you receive for your disability as income on your tax return. If you pay the premiums of a health or accident insurance plan through a cafeteria plan, and the amount of the premium was not included as taxable income to you; the premiums are considered paid by your employer, and the disability benefits are fully taxable.

 
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Latest News
  Latest Insurance related news in Hawaii and nationwide: Mar 02, 2007 - Secure The Right Care In Your Later Years
HIPAA offers protections for individuals who have preexisting conditions, helping them to keep coverage for those conditio
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Mar 02, 2007 - The Medigap Insurance Company
When you have a Medigap policy, the insurance company must pay your doctor or provider directly when:

 
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