The general statistics show that health insurance premiums have been rising faster than inflation in the business sector while the extent of the cover is being more narrowly defined. It is the old “less for more” syndrome. Insurance companies are not unjustified in raising their premiums. They can point to the rising costs of drugs [...]
The cost of insuring a key person varies significantly from hundreds to thousands a year. It depends on a number of variables including state of health and the responsibilities within the organization. Young and healthy people cost less to insure. Mature businesses depending on older members of staff will find the premiums significantly higher. The [...]
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