
News & Updates
KAFL Partners with Social Jazz for Social Media Tool
We’ve partnered with a social media automation company, Social Jazz, to help in creating an easy-to-use social media management tool. Social Jazz offers a catalog of ready-made posts specific to […]
How Time Can Affect Planning Success
Time is the one consistent element that affects all business planning. It’s also something that business owners can harness with proper planning. When harnessed properly, time can be your best […]
Protecting Yourself Against Employee Risk
Successful business owners constantly strive for growth. And when everything’s humming along, it can be easy to think the good times will last forever. However, it’s crucial to protect yourself, […]
Why Communication Is Essential to Successful Planning
The one thing that makes humans unique (and the most dominant species on the planet) is our ability to communicate using language. Why, then, do so many business owners fail […]
How Your Employees’ Motivations Can Affect Your Business Planning
Business planning often revolves around the idea of “What’s in it for me?” Business owners usually want the kinds of planning that let them run, grow, and eventually leave their […]
Connecting Your Personal Financial Plan and Business Continuity Plan
Owning a successful business is a constant exercise in planning. Many successful business owners have already committed to personal financial planning, including investing and providing financial security for themselves and […]
Are You Protecting Your Most Valuable Assets?
As your successful business grows larger and matures, you should always be on the lookout for forces that can diminish its value. New companies and competitors constantly aim at the […]
How Agility Can Affect Your Company’s Future
One of the most important skill sets that successful business owners have is the ability to be ready for just about anything. The key to doing this is being agile. […]
Retaining Key Employees: One Size Doesn’t Fit All
Retaining your company’s key employees is one of the most important steps toward your business’ success. Key employees can reduce your workload, noticeably improve company performance and operations, and act […]
5 Ways to Address Deal Killers Before They Kill Your Deal
When you set your business up for future success, you can set yourself, your family, and your personal interests up for similar success. But a common problem owners overlook is […]
Deal Killers: Catch Them Before They Harm Your Future
Preparing your business for a successful future often goes hand in hand with preparing your business for a successful sale. No matter whom you sell to—and even if you believe […]
5 Aspects of Strong Goals and the Consequences of Missing Them
Setting goals is a catalyst for success, especially if you’re planning for the future of your ownership and the success of your business. The strongest goals tend to have five […]
There’s More to Business Than Money: Values-Based Goals
Successful business owners often want more than just the maximum amount of money they can get. These owners have deeply ingrained values-based goals that guide why and how they do […]
COBRA Premium Assistance under the American Rescue Plan Act
COBRA Premium Assistance under the American Rescue Plan Act Last month Congress passed the American Rescue Plan Act, which provides 100% COBRA subsidies from April 1 to September 30 […]
NYS CyberSecurity Certification Due April 15th
CyberSecurity Certification The deadline for NYS resident insurance licensed professionals to file your cybersecurity certification is DUE April 15th! https://www.dfs.ny.gov/industry_guidance/cybersecurity Helpful How To’s Instructions on How to File Certification […]
Governor Cuomo Announces Expanded Eligibility for Financial Assistance and Extends Open Enrollment to the End of 2021
For Immediate Release: 3/23/2021 GOVERNOR ANDREW M. CUOMO ON 11TH ANNIVERSARY OF THE AFFORDABLE CARE ACT’S SIGNING, GOVERNOR CUOMO ANNOUNCES EXPANDED ELIGIBILITY FOR FINANCIAL ASSISTANCE IN NEW YORK Extends Open Enrollment […]
The Magic Behind Writing Your Plans Down
For nearly 5,500 years, human beings have written things down. From Hammurabi’s Code and the U.S. Constitution to your personal business plans, writing things down helps people follow rules and […]
Walk Before You Run: Phased Planning
Planning for a successful future without your business is a smart strategy. One of the traps that business owners commonly fall into as they begin planning for their successful future […]
Poor Planning, Big Problems: The Tale of Tom Poor
“All those years of work are thrown away. To ease your mind is that all you can say? But what about that grandson on your knee? Them railroad songs, Tom […]
Change Is OK: How Planning Makes You Focused and Flexible
As a business owner, you manage all sorts of complexity in your work. Goals, expectations, and the people who help you meet them may change. But even though things constantly […]
Is a Family Transfer Right for Your Business?
When planning for the future, you have a wealth of options related to who should continue to run your business. Many business owners’ plans fall short because they are unaware […]
What Have We Learned?
It is safe to say that this year was full of surprises. Some businesses thrived, while in other areas jobs were lost, companies were forced to go under, and […]
If You Don’t Uncover the Skeletons in Your Closet, Your Buyer Will
Starting the preparations to sell your business is never easy. Selling or buying a business comes with mixed emotions and hard decisions. There are a lot of variables to consider. […]
Keep Your Family Intact with Proper Estate Planning
It can be difficult to consider what will happen to your business and your family if you die unexpectedly. Without proper planning, you could be leaving your family and/or key […]
Don’t Let Your Key Employees Jump Ship
Next-level management teams are the drivers behind building business value. But how can you and your advisors attract and keep next-level management teams? The answer lies within incentive plans. When […]
Pennsylvania Insurance License Renewal
Dear Pennsylvania Insurance Department Licensee, You are receiving this notice because your Pennsylvania Insurance license is scheduled to expire within the next 60 days. Please refer to your license for […]
Ingredients to Jumpstart the Planning Process
Taking on any large project can be manageable when you have a reliable process in place. When deciding to exit your business, for example, you will need a proven process […]
The Process of Selling Your Business Has Already Begun
When you started your business, it was probably obvious that you needed a plan. It may be less obvious, though, that when you leave your business, no matter how you […]
Need vision coverage? VSP & KAFL can help!
Questions? Reach out to our Employee Benefits Team at KAFL or visit https://www.kafl.com/individual-vision/ to see how to register.
Not All Strategies Are Created Equal
Succession planning, Exit Planning, and business planning may seem interchangeable in most people’s eyes. However, each type of planning plays a very different role in the process of designing, and […]
Funding a Sale to “Insiders”
When imagining the future of their businesses, and possibly a future that involves different ownership at some point, owners may wonder if it’s really possible to consider “insiders” (employees, children, […]
Rethinking Cash Flow
While there are many uncertainties when planning for the future, one factor that is almost always essential to the success of your future plans is cash flow. Measuring your company’s […]
Rehiring Laid-off Employees During COVID-19
KAFL is committed to helping our partners navigate these challenging times. Whether it be new legislation or executive mandates, we are dedicated to ensuring your clients have the long-term protection […]
A New Look For 2021 Open Enrollment Training with Excellus
Excellus is gearing up for open enrollment training for 2021 and they are excited to bring you a new way to learn about new products and programs. They know the preference […]
EMSI Ceased Operations, Effective July 3, 2020
COVID-19 has disrupted families, communities, and businesses in our country and around the world. EMSI has become a casualty of these unprecedented times, as the pandemic has severely depressed service […]
Important Prudential Product Application Deadlines!
Prudential has pulled their Guaranteed Death Benefit UL Protector (single life only, not survivorship) The deadline to get applications to Prudential is 7/13 therefore they need to be at KAFL […]
Where Transferable Value Comes From
One of the most important elements of a successful business transition is transferable value. No matter what an owner sees for the future of the business, transferable value can be […]
Notice For Your Health Insurance Clients
Beginning Monday June 8th health insurance carriers will begin to send notices to individual and group health insurance customers notifying them of the 2021 rates they are requesting. PLEASE NOTE: […]
Identifying “The Gap”
Business owners have a lot of information at their fingertips. There are calculators and assessments available for just about every aspect of your business and personal situation. As a result, […]
Growing Business Value When Times Are Tough
In times of great uncertainty or disruption, some business owners will panic and bury their heads in the sand. Some will sit tight and wait for things to settle down. […]
IMPORTANT NOTICE – Group Insurance Premium Relief
Guidance to Insurance Producers Regarding Required Notifications to Policyholders Pursuant to Governor Andrew Cuomo’s Executive Order 202.14, on April 7, 2020 the Department of Financial Services issued Emergency Regulation 62, […]
Smoothing Out Friction Between Business Owners
All business partnerships eventually come to an end when one or more partners leave the business, whether by choice or otherwise. Being prepared for the end of the partnership decreases […]
Guidance to Insurance Producers regarding Electronic Delivery of Notices
Please note that the Department of Financial Services (DFS) has posted guidance to insurance producers to accommodate electronic delivery of notices (and relieve them of the requirement to mail or […]
Penn Mutual Important UPDATES!
Important Underwriting and New Business Updates An Important Update from Ray Caucci, Senior Vice President, Product Management and Underwriting and Gretchen Dinucci, Vice President and Chief Underwriter Throughout the rapidly […]
COVID PreCautions (presented by Excellus)
https://www.kafl.com/wp-content/uploads/2020/03/COVID-Precautions-EX-3.20.20.mp4
Guidance on Coronavirus and Insurance Producer Licensing Requirements
As a result of the COVID-19 outbreak, DFS understands that it may be challenging for certain producers to obtain the requisite number of continuing education credits in advance of […]
KAFL Update on COVID-19
To Our Advisors, Clients and Partners, Your health and well-being and that of our employees is of the utmost importance to us. Like you, we are continuously monitoring the latest […]
Thinking of Selling Your Business to an Employee?
Whether it’s because you want to keep the business “in the family” or because you suspect you will not be able to find a good buyer for your business, you may be thinking […]
Which Planning Process Is the Best Fit for You?
Planning for a successful future isn’t homogenous. It simply can’t be. The needs that you and your business have are likely to be different from every other owner and business […]
Where can you find IDI clients?
Income protection is an important topic to talk about – and most people have a need for individual disability insurance (IDI). So, how can you find clients to talk to […]