Thursday, February 25, 2010

Going Green with Auto Pay

Recently I’ve had several members ask me if they can stop paper billing of their premium notices and go green by either paying by credit card or with another automatic payment plan. We are so glad to be hearing you want to “go green”!! Currently we do not have a credit card payment option, but we do offer an Automatic Payment Plan. Our paperless Automatic Payment Plan allows you to deduct your monthly premium from your bank account on the first day of each month (if the first falls on a weekend or a holiday, your account will be debited on the next business day). If you want to sign up for this convenient method of payment, click here to download an Automatic Payment Plan form. Comments on going green with paperless billing? We would like to hear from you!! Just post a response to my blog.

Thursday, February 18, 2010

President’s Day

President’s Day was Monday, February 15! At ABE our offices were closed, and while it was nice to have the day off, the reason made me think of the word “leadership,” and then I can’t help but think of ABA members – so many of you are leaders in your field. Every day I speak with you and learn how true leaders of the profession protect themselves and their families with insurance. I’ll admit I didn’t always think this way – and many people still do not. It’s an invaluable lesson in leadership to understand that insurance is the building block for a solid financial plan and a stable life.

Thursday, February 11, 2010

Love is in the air.

As Valentine’s Day approaches, cupids and arrows will start to show up as grocery store decorations and candy hearts will make their appearance at welcome desks. Valentine’s Day always makes me think about love and about what will make my heart happy. Well, if your heart is healthy (at least medically-speaking), now may be the time to apply for ABE-sponsored insurance for yourself and your loved ones. Not only is the gift of insurance an important (and we think romantic) thing to do, if you apply when you are younger and probably most healthy you will likely have an easier time navigating the underwriting process and maybe even have lower premium rates! Be sure that your loved ones are protected with quality, competitively priced insurance. ABA members have access to a wide variety of plans that are customized for lawyers.

Thursday, February 4, 2010

Is your salary and retirement income protected if you become disabled?

I was talking with a member the other day and he asked if there were other ABE-sponsored disability plans he should consider in addition to his ABE-sponsored Group Long-Term Disability plan. We discussed the fact that the Long-Term Disability plan protects his regular income, but he didn’t have coverage to make sure he had continued contributions towards his retirement income. If you become disabled and have a 401k or similar plan, contributions to those plans may stop when your income stops. Retirement Contribution Disability Insurance helps you meet that need by continuing to provide contributions into your savings for retirement while you are disabled and no longer receiving a salary. Additionally, if you practice in a solo or small firm, you should consider some form of professional overhead insurance protection. The ABE-sponsored Professional Overhead Expense can provide monthly payments to help pay the expenses of running your practice in the event of a disability, including: office rent or mortgage, utilities, payroll taxes, non-attorney employee salaries, and more. This plan may provide that extra layer of protection to enable your practice to keep running even if you are not working due to a disability. Comments on insurance coverage if you become disabled? We would like to hear from you!! Just post a response to my blog.