Beating COVID-19: Tips for Your Insurance, Finances, and Business - April 16, 2020

April 16, 2020
Share |

News. Insights. Analysis. Inspiration.

"Bernanke rejects Great Depression comparisons as he says GDP could slump by 30%"

From Wealth Advisor:

* “This is like a natural disaster, and the response is more like an emergency relief than it is a typical stimulus or anti-recessionary response.” He said he was “pretty pleased” with the fiscal and monetary responses.



"10 Sources of Emergency Cash, Ranked from Best to Worst"

From Morningstar:

* The CARES Act makes it easier to gain access to retirement accounts in a pinch, but they're not likely to be your best source of emergency cash.



"Sea change: How one CEO is managing the disruptions caused by the pandemic"

From NJ Biz:

* Harris added that this reality is changing insurance exposures dramatically. Policies rated on payroll or sales are significantly impacted and need to be adjusted for the new normal. “This will dramatically lower their insurance premiums for the upcoming year. Businesses that had no delivery exposure are now in the delivery business changing their insurance exposure as well. This will add new exposures for automobile and workers compensation and policies need to be adjusted accordingly.”

Here's a short video from Steve on how you can purchase insurance in these changing times....Watch Here