Moving Past the COVID Chaos: Tips for Your Insurance, Finances, and Business - June 17, 2020

June 17, 2020
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News. Insights. Analysis. Inspiration.

 

Today's Key Question:

Due to pandemic restrictions, insurance companies have moved quickly to on-line applications and service. See the article in Insurance News Net below.

Have you had experience with an on-line insurance platform?  How did it work for you?

 

"The Fed is finally starting its lending program for small and medium-sized businesses"

From CNN:

* Small and medium-sized businesses are finally getting some much-needed help from the Federal Reserve. The Fed's highly anticipated Main Street Lending Program is launching more than two months after it was announced at the beginning of April. While the central bank won't lend to businesses themselves, it will encourage banks to lend to struggling companies by taking the majority of the potentially risky loans off their balance sheets.

  

"Ready to Reopen: A Playbook for Your Small Business"

From US Chamber of Çommerce:

* The businesses that will survive and thrive are the ones that can be flexible and adaptable to consumers' new and evolving needs. You'll need to plan carefully and understand not only what may need to change about your business, but what new growth opportunities may exist for you in a post-pandemic world.

In this guide, we'll walk you through the steps your business will need to take to reopen as restrictions are lifted across the country. While your exact reopening strategy will depend on your home state and business type, you can use this playbook as a starting point to help you plan and prepare for the "new normal."

 

"Use this wake-up call to build a stronger financial future"

From E-Myth:

* We spoke with EMyth’s Board Chair and Owner Ilene Frahm and the company’s Director of Finance Pauleen Miller about how small business leaders can start on the path to controlling their financial destiny and, in the process, might even learn to love what their numbers are telling them (for better or worse).

 

"Technology Touching ‘Every Aspect’ Of Insurance In Pandemic"

From Insurance News Net:

* Principal is just one of many carriers who accelerated long-debated technology plans. For example, an online application option in use for life insurance was quickly adapted for use with Principal’s disability insurance products.

 

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