According to a survey conducted by LearnVest and The Guardian Life Insurance Company of American (Guardian), most 20- and 30-somethings have not taken any steps to protect their assets if they are unable to work due to illness or injury. 

Some of the most common causes for disability are muscle, back and joint disorders, cardiovascular and circulatory diseases and cancer cited by the Council for Disability Awareness (CDA)'s 2012 Long Term Disability Claims Review.

The survey…

Business Problem:

In 2010 the Department of Labor (DOL) estimated that 3 to 5% of an employer’s workforce was absent on any given day.  According to a 2010 Mercer study, employee absences are costing employers 35% of total payroll while those absences which are unplanned and extended (such as FMLA and STD) comprise 8.7% of total payroll.

Example cited in study:  Company with 1000 employees whose annual salary is $50,000

• Total cost of…

Maritime Workers, The Jones Act, And Workers Compensation Explained

The Jones Act 

Sailors are covered under the Jones Act. This is a very complex set of maritime laws governing how sailors and many maritime workers get compensated for injuries occurring while serving on vessels at sea.  Originally enacted in 1920 as the Merchant Marine Act, it is known for Senator Wesley Jones, who sponsored it. The law enacted protection to sailors similar to that already in place for…

Insurance fraud is a bigger problem in the United States than you might guess and the people who commit it are increasingly creative. While there are plenty of common scams out there - like pretending you lost an expensive piece of jewelry, then filing a claim - fraudsters also perpetrate scams by such methods as staging accidents. For example, a motorist in front of you will suddenly hit the brakes in the hopes you'll hit him and he can fake an injury. Or someone will craft a fake vehicle…