Moving Past the COVID Chaos: Tips for Your Insurance, Finances, and Business - August 15, 2020

August 15, 2020
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News. Insights. Analysis. Inspiration.


Today's Key Question:

Do you know someone with Hematuria? They should know that it is very possible to purchase life insurance. 

See the article below from Broker World.


"8 ways to stay sane when you can’t take a break from your business"

From E-myth:

* At the best of times, business owners struggle to step away from running their company to focus on themselves, on the things that refuel them and clear their minds. But a pandemic—or any crisis, really—makes it that much harder. Right now, at the time of year when most of my clients would be taking a much needed break, many aren’t because of the pressures and limitations related to health, travel and the economy. (I’m guilty of this, too!) For these clients, choosing to focus on themselves means putting their business at risk. So instead, they’re doubling down—working extra hours, sacrificing personal time and ignoring self-care.

It’s not a good way to lead a business: Your business is a reflection of you—it’s only as healthy as you are. If you don’t attend to your physical or mental health, it’s inevitably going to show up in how you make decisions, lead your team and manage the day-to-day. You’ll likely end up functioning purely in Technician mode and will definitely burn out—and neither of these outcomes will garner the results you want. For the sake of your business, you need to take care of yourself.  


"The 5 Best Ways to Handle a Late-Paying Client"

From SBA Hartford:

* A small business’s cash flow is, not surprisingly, dependent on cash. That’s why late-paying clients can be an incredibly frustrating challenge for a small business owner. It not only ties up money you need to pay your own bills — trying to get clients to pay can become a real time drain. In fact, a 2017 study found that small business owners spend an average of 1.3 days a month chasing down money that’s owed to them.

Here are five of the best ways to deal with late-paying clients.


"Parents Explain Why They're Suing Gov. Newsom to Reopen Schools"

From Townhall:

* The parents' attorney, Harmeet Dhillon, the founder and CEO of The Center For American Liberty, agreed that the COVID-19 risk to both kids and teachers is "infinitesimal." She argued that Gov. Newsom needs to let local parents and school boards make these decisions themselves instead of imposing "a one size fits all template" for the state.

"In order to avoid a permanent scar on these families, we're going to court," she said.

So far, she noted, the state has had no response to the "reams of scientific data" they've provided. As for the mental health struggles among children that are skyrocketing in quarantine, state officials said the risks to children "can be fixed with counseling."

"They took the angle that education is not a fundamental right," Dhillon regretted.

The hearing on the temporary restraining order on Newsom's mandate is set for this Monday.



From Broker World:

* Quite simply, hematuria is defined as the presence of blood in the urine. It can be obvious to the clinician (frank hematuria) or not visible to the naked eye (microscopic hematuria). The large majority of instances in insurance underwriting are picked up incidentally from the submitted urine sample. The critical question then is which cases are significant, which have benign causes, and which need additional investigation before underwriting can continue.



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