Year: 2014

Many of our California readers require disability insurance but they shy away from making a purchase because they are unsure of which steps to take or what to expect along the way. Insurance agents often promote numbers and statistics, trying to show people why they need to purchase disability insurance. However, it is often better […]

The majority of Americans believe that family members will care for them when they become old and less able to get around or care for themselves. Indeed, currently about 70 percent of long-term care is provided by relatives. The demographics of our country are changing, however. The title of a new study by the American […]

Recent graduates from high school and college need to be aware of their options for health insurance, renter’s insurance and life insurance.

College educations may cost more than $220,000 in today’s world and student loan interest rates are going to increase another full percent. College kids are being saddled with debt, so making responsible insurance choices is important.

In this episode of the DarrasLaw podcast, Frank Darras outlines some of the smart options that are available to recent grads and their parents too.

Many California residents don’t want to think about the prospect of requiring long term care in the future, but those who plan for this event are in much better position than those who overlook the importance. According to Census Bureau statistics, approximately four percent of people age 65 or older occupy nursing homes. Furthermore, almost […]

Fewer businesses are offering their employees long-term disability insurance as part of their employer-paid benefit packages. Many are still offering employees disability insurance plans, but workers have to pay for the plan themselves. That means that fewer Americans have long-term disability insurance, leaving them at risk for financial disaster if they become ill or injured. […]

Corporations know that they have to accommodate their employees with disabilities, like allowing a diabetic worker to take regular breaks to monitor blood glucose and insulin levels during the employee’s shift and allow them breaks to eat properly so that their glucose levels remain stable. So it is quite unusual that Walgreen Co. fired an […]

The U.S. Department of Labor’s ERISA Advisory Council’s announced this month that it is looking at why people are moving their retirement assets out of employer-sponsored plans such as defined benefit plans. The amount of retirement dollars moving out of these plans has gotten their attention. Much of this transfer of assets is from Baby […]

Many people shop for long term care insurance knowing that this type of policy could come in handy at some point in the future. At the same time, some people shy away from buying coverage because they are unaware of what it offers and when they can make a claim. Any of our California readers […]

A Seattle man is using his story as a cautionary tale to others who decide not to get long-term disability insurance. Although he was once a successful businessman working for a health care company and earning a six-figure income, he depleted his family’s savings, had to sell his home and lost his marriage. Now, at […]

As one of our California readers, you are well aware that a long term disability could change your life forever. Furthermore, if you don’t have the appropriate protection in place, you could find your financial situation taking a turn for the worse. Regardless of your age or current level of health, it is important to […]