You understand the importance of having a personal umbrella policy, but do you have an umbrella for your business? A commercial umbrella policy, also referred to as an excess policy, provides an added layer of protection in the event of a major loss. This is an important coverage for businesses of all sizes to have. You might […]
The Internal Revenue Service (IRS) extended the deadline for employers to deliver the Affordable Care Act’s (ACA) 2016 information reporting forms to employees from January 31, 2017 to March 2, 2017. The extension only applies for tax year 2016 and for furnishing Form 1095-C (Employer-Provided Health Insurance Offer and Coverage) and Form 1095-B (Health Coverage) […]
By Richard A. McGrath, CIC, LIA The holidays are here which means it’s time for spending more time in the kitchen, putting up festive decorations, and celebrating with loved ones. However, the holidays can also be a time filled with kitchen disasters, decorating fails and overindulgence. By making smart preparations beforehand, you can help keep […]
With the 2016-2017 flu season here, it’s important to make sure your business has a plan to fight the flu. The Centers for Disease Control and Prevention (CDC) recommends that everyone six months or older get the flu shot, and studies show that the vaccine can help reduce the risk by 50 to 60 percent. Direct […]
STURBRIDGE, Mass. – McGrath Insurance Group has undergone a complete rebranding process and is proud to officially launch its newly designed logo and website. The new brand gives a modern look and feel to the McGrath name and prepares the company for a brighter future. McGrath Insurance Group’s appearance may have changed, but our team […]
By Richard A. McGrath, CIC, LIA With the holiday season right around the corner, the last thing you’re likely worrying about is your identity being stolen. But before you get caught up in the rush, let’s take a moment to look at how serious an issue identity theft has become. In 2015, $15 billion was […]
By Richard A McGrath, CIC, LIA Sometimes health insurance just isn’t enough, especially to cover the costs of a critical illness. The three most common critical illnesses that Americans suffer from are cancer, heart attack, and stroke. When an illness strikes a family member, gaps in coverage often result in out-of-pocket expenses that can add […]
We all know the saying “You get what you pay for,” and with insurance this couldn’t be more true! With the ease of online shopping, we’ve become used to purchasing items and services based on price alone. However, it’s important to remember that cheap insurance is only cheap until you have a claim. Price is obviously an […]
Are you registering and insuring a vehicle under your company name for the first time? Then, you’ll need to request Form 147c from the Internal Revenue Service (IRS) and follow the procedure for registering with the FID Department at the Registry of Motor Vehicles (RMV). Currently the IRS doesn’t have an online solution for Form 147c. […]
By Richard A. McGrath, CIC, LIA Death is a subject that makes most people uncomfortable, but have you ever stopped to think about what will happen to your family when you die? How will your family manage financially? Life insurance is a simple solution to this difficult question, yet more than 40 percent of Americans […]
