Jeffrey Bernard

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 be outside of high risk flood zones, now may be exposed to potential flood damage. 

Have you spent years building your art or jewelry collection – or perhaps you just started?  
Collecting valuable items is an expensive and sentimental hobby.  The risk of damage or theft is always a main concern for collectors. Yet while most successful professionals are wise enough to insure their prized possessions, too often these valuables are underinsured or not insured properly. 
So, how can you be sure that your favorite painting or family heirlooms are protected to their correct value? The answer is in the appraisal. 
 

In 2018, no one is safe. Cyber security firmly remains as a top concern for businesses of all sizes. Especially after the breach heard around the world; Facebook will now be facing multiple class-action law-suits for sharing the data of more than 50 million users with a data mining firm. Yikes! Sure, maybe your business isn’t pulling in as much data (or revenue) as Facebook – but that doesn’t exactly mean you’re less vulnerable. Here’s what your business can learn from the Facebook data scandal:

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 your top employee. Key Person (or Key Man) Life Insurance is a type of business life insurance that could protect your company from this type of financial hardship.
 

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 health plan. While this type of program is typically used by larger companies, many smaller-sized businesses have been opting to self-insure. Never heard of it? Well, let’s break it down:

Have you ever updated or renovated your home without reviewing your insurance? Big mistake! While many of us often invest in increasing the value of our home by remodeling, we tend to forget that the cost to rebuild has increased too. That’s why it’s important to make sure you avoid these 3 mistakes when updating your property.

Most people are reliant on a steady income in order to live comfortably. What happens if you are injured or become ill, and your benefits through work are not enough?

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 partner.

Before conducting business with any contractor, you should always have a written contract in place. The purpose of the contract is to specify the obligations of each party and how risk will be shared between them. Construction projects can be complicated.