September is Life Insurance Awareness Month. Life insurance is one way to prepare for the hyperbole floods in our life. “It wasn’t raining when Noah built the Ark.” In our present circumstances, we’re reminded of how fragile life can be. If you have someone in your life who depends on you and your income you… Read more »
Posts Categorized: News
Patient-Centered Outcomes Research Institute (PCORI) Fees Due July 31, 2020
Patient-Centered Outcomes Research Institute Fees, most commonly known as PCORI fees, were created in accordance with the ACA. PCORI Fees were scheduled to expire for plan years ending on or after October 1, 2019. With the enactment of a Federal spending bill at the end of 2019 PCORI fees have been extended for an additional… Read more »
Tough Conversations: Advice for Preparing for the Death of a Parent
I know that this is a very tough subject to discuss, but I wanted to share the important things I learned from my personal experience of losing a parent. The following are many important questions to ask along with some informative discoveries I made regarding all of the medical, insurance, financial and personal matters that arise.
Updated HSA Contribution Limits for 2020
Each year the IRS releases updated health savings account (HSA) and high-deductible health plan (HDHP) limits for the coming year. 2020’s limits are listed below and further information can be found on the IRS website HERE or by contacting Heather Baird at hbaird@insurancetrust.us. 2020 HSA Contribution Limits Individual: $3,550 ($50 increase from 2019) Family: $7,100… Read more »
Should GAP Be Sold on RVs and Travel Trailers?
Article by our partners at Frost Financial Services | www.frostinsure.com Do you ever finance RVs or travel trailers? If so, make sure to stress the importance of GAP protection on these loans. While you may not see many accidents involving RVs or travel trailers, many of them experience total losses each year. Accidents are certainly not… Read more »
Introducing our New Employee Benefits Specialist
Insurance Trust is pleased to introduce Pam Huntington as our new Employee Benefits Specialist. Pam comes to our team with more than fifteen years of experience in the health insurance and voluntary benefits field. She has previously worked as an Account Manager at both the health insurance carrier and broker levels. Pam also worked in… Read more »
17th Annual Golf Tournament for Special Olympics Maine
Dear valued clients and partners of Insurance Trust, We invite you to join Insurance Trust for the 17th Annual Golf Tournament to support Special Olympics Maine on Thursday, July 18, 2019, at Falmouth Country Club in Falmouth, ME. Registration is now open! Be sure to mark your calendars, register your golf teams early (as space… Read more »
The Maine Bureau of Insurance Approves Health Insurance Association for Maine’s Credit Unions
INSURANCE TRUST 2 Ledgeview Drive Westbrook, ME 04092 MEDIA RELEASE For Immediate Release April 19, 2019 The Maine Bureau of Insurance Approves Health Insurance Association for Maine’s Credit Unions (Westbrook) – On March 29, 2019 the Maine Bureau of Insurance approved a new Multple Employer Welfare Arrangement (MEWA), an association formed to provide a… Read more »
Insurance and Financial Checklist for Soon-to-be and New Parents
By Elizabeth Ingram (who just added child #2) Vice President of People Strategy Finding out you are having a kid, even if planned, is overwhelming. What do you need to have on hand or want? When do you start to prep & who do you turn to for advice? Your family & friends will probably be… Read more »
Insurance Trust 56th Annual Meeting & Silent Auction for Special Olympics Maine
Insurance Trust is pleased to announce its 56th annual meeting that will take place at 2:00 pm on Friday, April 26, 2019, at the Italian Heritage Center in Portland, ME. Join us as we celebrate more than half a century of service to the Maine credit union community. During our meeting, each Trust committee chair… Read more »