January 15, 2014
AgencyBEFORE THEIR TIME HAS COME
Patients facing terminal illness may be able to tap into their life insurance policies to help them pay for treatment and other costs needed to stay alive. Many life insurance policies offer this “accelerated death benefit” to policyholders who have been diagnosed with a terminal illness and have less than one year to […]
January 15, 2014
AgencyDANGERS OF DRIVING WHILE DROWSY
Drivers who do not pull off the road when they feel sleepy and drowsy place themselves and everyone else on the road at serious risk. Of particular concern are drivers who suffer from “sleep apnea,” the sleeping disorder that is often characterized by heavy snoring and long pauses in breathing. As a result […]
January 15, 2014
AgencySTARTING A HOME-BASED BUSINESS?
The recent economic downturn provided all the motivation that many people needed to begin thinking about starting businesses of their own that operate out of their homes. Before embarking upon this type of entrepreneurship, self-starters should know that their homeowners insurance policies do not generally cover home-based business losses. Depending on the particular risks […]
November 27, 2013
AgencyFACING DOWN HIGHER LIABILITY RISKS
Since the beginning of the economic slowdown, commercial property owners have faced an increased potential risk of liability claims made against them. While it is understandable that a weakened economy may have led more people to file claims and threaten lawsuits in order to get money, many of these claims could be easily averted. […]
November 27, 2013
AgencyREPORTING CONSIDERATIONS
Some vehicle owners are reluctant to report accidents to their insurance company because they are afraid that doing so will trigger a rate hike. Instead of keeping the matter quiet and paying any repair costs out-of-pocket, car owners are urged to report accidents, particularly if they involve another vehicle. Officially documenting accidents ensures […]
November 27, 2013
AgencyPLAYING BY MEDICARE RULES
Workers retiring at age 65 are eligible for Medicare Part B (which covers outpatient services) and must sign up the month they turn 65 or during the three months before or after. Some employees choose to continue working and remain with their employer’s health coverage. That is fine as long as the employee […]
November 27, 2013
AgencyGOING OUT ON A LIMB
If a tree on your neighbor’s property were to fall and damage your home or automobile, who would pay for the damage? Many home and car owners assume that their neighbor’s policy would cover the costs. However, the fact of the matter is that the neighbor’s policy would only pay for the damage […]
October 8, 2013
AgencyPET PEEVE
In an effort to keep our roads safer, the public has been warned about dangers that range from drunk, drowsy, and drugged driving to distractions that include talking on a cell phone and texting. Now, recent research points to another potential distraction that many might have overlooked. According to the new study, the […]
October 8, 2013
AgencyINSTALLMENT PAYOUTS OF INSURANCE PROCEEDS
Particularly in cases where it is unexpected, a life insurance payout may seem like a windfall to a beneficiary. This can be especially problematic for younger individuals, who may have a live-for-the-moment approach to life. Even a surviving spouse who receives a large life-insurance payout may feel overwhelmed if he or she has […]
October 8, 2013
AgencyHOMEOWNERS WITH HIGHER CEILINGS
Homeowners might want to stifle the urge to make small claims that could lead to higher premiums. It is hardly unusual for companies issuing homeowners insurance policies to raise policyholders’ rates by up to ten percent annually in the three to five years following a claim. To avert this kind of hike, homeowners may […]