I heard some terrible news today from a friend and it’s just another reminder why insurance, and having the right insurance is so important.
Have you ever tried to buy an auto policy after your carrier already told you your rates are going up because of an accident?
Have you ever tried to buy homeowners or flood insurance when the hurricane is already en route to your house?
Have you ever tried to buy health insurance after you were diagnosed with a life changing illness?
Have you ever tried to buy life insurance after a heart attack or catastrophic diagnosis?
Today I was told by a friend of mine that someone was three days away from the period of time it would take for their life insurance policy to pay out, three days.
Did you know that if you try to buy life insurance when you have cancer sometimes you have to buy a policy with a “graded death benefit?”
That means if you die within what’s usually the first two years, all you get back is your premiums or maybe all the premiums you paid back at 110%.
However if you buy an insurance policy BEFORE something happens, maybe even a convertible term policy while you’re still health you won’t be in that situation.
Convertible term allows you to purchase based on your health TODAY and then in five or ten years (usually when your income has increased or you’ve paid off your debts) you can convert all or a portion of that policy into Whole Life or a more permanent insurance policy.
Want to know more about this?
We can talk about when you have time.
However you don’t want to wait until AFTER you’ve been diagnosed to make a decision, and have to deal with much higher premiums and much more limited options.
Let me help you find peace of mind.
Or answer any questions you may have.
Click the link below to get your own coverage, today.
Have you heard of Umbrella Liability Coverage? Here’s a couple of reasons why you might want to purchase a policy-
There is a large difference between “Having Insurance” and “Being Insured”
In each of these scenarios, a person’s “normal insurance coverage” would have been exhausted and they would have been forced to liquidate bank accounts and other assets to pay for the damages awarded.
5 Actual Claims On A Personal Umbrella Policy
Example Claim # 1: A babysitter left a 5 month old infant unattended in a walker. The infant toppled the walker, struck her head on the floor and suffered brain damage. The parents of the infant sued the teenage babysitter and her parents. The court awarded the infant’s parents $11,000,000.
Example Claim # 2: An insured’s daughter hated math class as well as the teacher. The daughter made several “disparaging” and false remarks about her teacher online. The teacher sued the parents for personal injury and $750,000 was paid.
Example Claim # 3: The insured’s 18 year old son was driving the insured’s car on a short trip to the store with his girlfriend. He lost control of the car and struck a tree. The insured’s son told the police that a vehicle cut him off, but there were no witnesses and no evidence of any impact with another car. His girlfriend, a 19 year old college student, was hospitalized for over a month with multiple fractures and internal injuries. She was in a wheelchair but is now able to walk with crutches and continues with physical therapy. She has a right drop foot as a result of the injuries. The insured’s personal umbrella policy limit of $2,000,000 was paid.
Example Claim # 4: A 28-year old engineer dove into a friend’s above ground swimming pool struck his head on the bottom and, as a result became a quadriplegic. He sued both the homeowner and the pool manufacturer. The court found the homeowner to be 60 percent responsible and the pool manufacturer to be 40 percent responsible, and awarded $10,000,000.
Example Claim # 5: The insured’s tenant claims she became ill from carbon monoxide poisoning resulting from a faulty furnace. The tenant claimed permanent brain damage and demanded $750,000.
5 Steps for DIY Sump Pump Inspections
Before you start, make sure to unplug any electrical power leading to your sump pump.
Check for Debris in Sump Basin
Make sure the sump pump pit is free from debris. You might be surprised a the kinds of things that can end up here as part of typical home live – children’s toys, items stored nearby that fall in, etc.
Anything that falls into the basis can get into the sump pump unit and interfere with moving parts, particularly the float mechanism. The float mechanism has a key role in sump pump operation, so be sure there is nothing interfering with it.
Test the Float
Fill the sump pump pit with water and make sure the float starts and stops the sump pump as designed.
Inspect the Check Valve
The check valves ensure that when the sump pump shuts off, no water will go back into the sump pump pit. However, sometimes these are improperly installed.
There is an arrow on the check valve that points in the direction the water is supposed to flow, which should not be towards the sump pump.
Clean the Weep Hole
Some sump pumps have a “weep hole” between the sump pump and the check valve. You can clean this with a toothpick or other tiny object. Be careful not to break anything into the weep hole.
Clean the Impeller
The impeller is a small filter that can become clogged. If your sump pump has stopped running suddenly or is making a whining noise, this could be the problem.
If you are not mechanically minded, call a reputable local foundation expert or contractor to test your sump pump for you.
#StormDamage #InsuranceTips #HomeownersInsurance #InsuranceKC
Things are starting to heat up in Kansas City! Is your home ready for the warm weather? We’ve got the top 6 things to put on your to-do list this month.
1. CLEAN YOUR GUTTERS
Clean and inspect your gutters. Use a garden hose to flush your gutter out and make sure that your downspouts are directing water at least three feet away from your foundation. A clogged gutter can cause water issues that are potentially not covered under your home policy so it’s best to be proactive.
2. GET YOUR POOL READY
It’s time to get your pool ready for summer. Be sure to schedule your appointment with your preferred pool company, so you don’t get stuck with your first pool party and a pool that isn’t ready!
3. PEST CONTROL
Pests love warm months. Now is the time to check for signs of pests. You want to especially pay attention to any signs of burrowing in wood. Keep cobwebs clear, make sure you don’t have any standing-water issues in or outside of your home. If you have a pest problem, have an expert check it out before it becomes an out-of-control problem. Treating a small problem is always better then waiting until it becomes a large problem.
3. PRESSURE-WASH YOUR HOME, DECK, AND WALKWAYS
Pressure washing not only gives your home a nice clean look, but it also protects it! Want to get rid of spider eggs? Pressure washing will take care of that. Dirt, mold, mildew, soot, airborne pollutants & other contaminants can also cause damage to the surface of your home if it’s not taken care of.
4. DUST CEILING FANS
Dust ceiling fan blades and reverses the blade rotation. In warm weather they should rotate counterclockwise.
5. PICK UP YOUR GARAGE
Garages tend to be neglected in the winter and spring. Keeping it clean will extend it’s life and help you use it for what it’s intended for. If you have run out of room, consider garage storage solutions or having a garage sale to declutter.
6. GET READY FOR MOVIES AND ENTERTAINING
Nothing says summer like blockbuster movies and outdoor entertainment! Are you ready to take your home audio or outdoor patio to the next level? Get it ready now. If you have metal patio furniture, coat them in auto polish before setting them out to protect them. Be ready to host an impromptu party or invite your family and friends over for a Memorial Day gathering!
With winter arriving soon, now is a great time to prepare your home for freezing temperatures. Use the checklist below to give you ideas for keeping warm, preventing fires, and saving money.
Have your furnace inspected and serviced by a professional at least once a year. Catching an issue early can save you thousands and if you’re a preferred customer of a local HVAC company, most will put you at the top of the list should you have a furnace issue during the extremely cold times.
Have chimneys and vents cleaned and inspected. (Built up creosote is the leading cause of chimney fires!)
Stock up on dry, seasoned wood for the fireplace or wood stove.
Check the condition of your fireplace screen. Is it in good condition and secure?
Get a covered metal container ready to dispose of cooled ashes. (And keep it at least 15 feet from your home.)
Review fireplace safety with your kids!
What do you need to do this month to keep your home running smoothly and your family protected? Read below to find out!
Change Batteries In Smoke Detectors – When the time changes, it’s a great idea to change the batteries in all smoke and carbon monoxide detectors. This way you always know that they are working and in good order!
Make A Severe Weather Plan – Designate a safe place in your home in case of bad weather. Stock it with basic emergency supplies and throw in an extra flashlight and batteries too!
Check Your Credit Report – March is Credit Education Month. When was the last time you checked to see that your credit reports were accurate? If it’s been over a year, stop by www.annualcreditreport.com and order a free copy today.
Review Your Insurance Discounts – Are you getting all the discounts you qualify for? Call us to review your policy and see if there are any changes that need to be made.
And as always, give us a call if you have any questions or need assistance with auto, home, business, or life insurance.