For millions of people renting apartments in New York City, renter’s insurance is often in the back of their mind as something they should have but haven’t gotten around to yet. Since there’s no law requiring that you purchase a policy, many renters falsely assume their belongings will be covered by their landlord’s policy if […]
Whether you own a large corporation or small business, chances are you probably have key employees (such as owners, founders, or top executives) that are crucial to your company’s success. While these people may be irreplaceable, it’s important to procure a strategy that lifts the financial burden that could result from the unexpected loss of […]
Natural disasters can result in devastating financial loss. Yet homeowners still need to be reminded of the importance of contingency planning and adequate insurance coverage.Unless directed otherwise by your mortgage, Flood Insurance is not a requirement. However, that doesn’t mean you should only purchase “what is required”. Though, in certain situations, areas that were historically known to […]
Now that the holidays are over, it’s time to consider jewelry insurance for jewelry you received as a gift from a loved one. New watch, necklace, perhaps an engagement ring! Here are 4 questions you must consider when insuring valuable items: Q: Does my Homeowners Insurance Cover Jewelry? A: Yes, and no. When reading your insurance […]
Cutting corners when it comes to insuring your business can be extremely costly. There is a stark difference between choosing an insurance provider because they had the cheapest quote, and selecting someone who understands your business and wants to become your strategic insurance partner. WHAT’S THE DIFFERENCE BETWEEN AN AVERAGE BROKER AND A STRATEGIC INSURANCE […]
The cold temperature isn’t the only reason to bundle up this season! Many of my clients have found that combining their personal insurance policies with one carrier has resulted in significant benefits. Years ago, when you first purchased your insurance, your broker may have placed you with different carriers for the best savings. Yet since […]
With healthcare costs on the rise, many organizations are exploring alternative insurance solutions to cover their employees. One of these options to potentially reduce and or control cost is a self funded insurance health plan. While this type of program is typically used by larger companies, many smaller-sized businesses have been opting to self-insure. Here […]
Insurance Broker, Agent or Just Do It Yourself? In today’s world, there are many different ways to access insurance products. However, there are key differences within the process of determining appropriate coverage that change your experience as a client. While both agents and insurance brokers require the same licensing and education, you may find that there […]
The main reason a person chooses to purchase a life insurance policy is to protect their family’s financial future, in case something unthinkable happens. This is particularly important for anyone whose paycheck is helping to support another person. If you are the sole breadwinner in your family, you might think a life insurance policy is […]
Placing the personal ownership of your assets in a Trust or Limited Liability Corporation (LLC) has become increasingly popular among high net worth individuals and families. In fact, studies show that the number of properties owned by trusts or LLC’s has increased about 35% since 1983. This wealth management and estate planning strategy has proven to […]