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re: Financial Coverage as Small Business Owner

Posted on 2/29/24 at 3:13 pm to
Posted by bayoudude
Member since Dec 2007
25000 posts
Posted on 2/29/24 at 3:13 pm to
quote:

If someone could insure their family for $400/month, most would do so. But it's usually like $1K or more a month for a terrible policy. Save that 12K and if a bad accident happens, settle with the doctors or pay them $25/month for a bunch of years.


Correct we currently pay $1500 a month for a family of five. Wife works for a small business with around 20 employees they pay half hers roughly $200 then we pay full price for dependents that is roughly $350-400 a person age bracketed. It’s our biggest expense
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