Insurance News update for JUNE 2022!
Our client was flying out of PHL and decided to park their car with an offsite company (ABC). The driver dropped them at the airport and then totaled their car on the way back to the lot. (ABC) claimed they weren’t responsible and told client to turn the claim into their own insurance company. Client was responsible for the deductible, the difference in price of totaled car, replacement car, and the premium went up because a claim against them removed any claims free discounts.
Another story in the news is a policy owner that left his car at a dealer for an oil change. An employee of the dealer accidently killed another employee while moving the car. The family of the deceased is suing the owner of the car for 6 million dollars. His insurance limit was 100K so he could be responsible for the rest.
Moral of story: Know who you let drive your car and have good coverage!
Health Insurance – New Special Enrollment Period can get you health insurance all year long in PA and qualify for large subsidies to help pay for it. Reminder: policies do not cover you when you travel out of the country. We offer many low cost travel insurance plans for people traveling into or out of the USA.
Medicare – Eight new 5 Star Medicare plans are available in our area. Not happy with your current plan? Want to not pay a premium anymore? You can enroll all year onto these amazing zero premium plans. They include no referral medical, dental, vision, hearing aids, drugs, over-the- counter benefits, silver sneakers, free tele-med, and more.
Auto and Home Insurance – The most expensive thing you can do is be uninsured or under insured when a claim occurs. We explain coverage until you understand it. Does your 800# agent do that? Cover ALL your toys (motorcycles, boats, RV, Jet Ski) with us! FREE Insurance Reviews!
Life Insurance – 544,051 is how many go-fund-me projects currently are for funerals. Go-Fund-Me is not Life insurance. 91% of widows lose everything within 12 months after spouse death. Make sure your family is covered.
Disability Insurance – If you can have a $ machine print out $5000/mo. for 30 years but you had to spend $100 a month to maintain it, would you? You are the money machine, and a Disability policy (the maintenance) costs $100/mo. That can pay you $5000/mo. for 30 years. Why don’t you have a policy in place?
How much did your investments lose this year so far? The safest, and better alternative is our Tax Deferred investment that earns a Guaranteed minimum 4.5% and a maximum of 8% with a Bonus for signing up while offering Flexibility, a Guaranteed Stream of Income for the Rest of Your Life, and passes to your beneficiary Tax Free and Probate Free. Take some of your retirement out of risky stocks and put it somewhere with No Risk of Loss. Let us help make your retirement income last the rest of your life!
Business owners – Get fast easy quotes from multiple companies for General Liability, Workers Comp, Businessowners Policies, Umbrella, Flood, and Cyber coverage! Need Help? A company health plan will help you recruit and retain better employees.
Our Motto: We will do the right thing for you to protect you. If you can crash it, burn it, break it, earn it we can insure it!! Get it done right the first time with experts and save.