The following article indicates that they are considering stronger building codes for safer buildings which ultimately is for the safety of our property and communities. A review of your policy coverage should draw your attention to Law & Ordinance coverage to ensure you are properly covered. Law and Ordinance coverage pays for the additional costs to comply with new city regulations when rebuilding or repairing your damaged property.
For more information please contact Sandra Sanchez
We are pleased to offer this $10,000 Bond for a 2- year period through a special program we have with Selective Insurance Company at a great rate of only $79.00. The completion of a simple application with your check payable to our agency is all that is required.
Please feel free to contact our Bond Department at (845) 279-5151 or Peter Reeves at (845) 225-1477 with any questions.
We look forward to this new expansion of our services, and are excited to be able to better serve you in these areas.
The Partners & Staff
Bruen Deldin DiDio Associates Inc.
In these tough economic times, every dollar counts; however when it comes to insurance, there are a few items that are vital to having the proper protection in place.
The following are 5 ways to avoid the possibility of financial burden due to lack of adequate coverage…
-Lauren Bruen Nicholson
(Source: AmWins Group, Inc.)
Did you know…
To find a course, visit www.nysparks.com
The following insurance tips are from the International Risk Management Institute’s Personal Lines Pilot newsletter. You may use them on your website or in client communications subject to IRMI’s license terms.
Homeowners insurance premiums often take a substantial bite out of a family’s budget. You may, however, be paying too much for this coverage. The following are some approaches you can use to reduce your homeowners insurance costs.
Get more personal lines insurance and risk management tips and ideas from IRMI.
Primarily it is important to be aware of the total amount of funds contributed this year since you are allowed to contribute $3,050 for individuals and $6,150 for families in 2011. Any unused funds roll over tax free for use in 2012.
Since Health Savings Account plans have the unique feature of allowing account holders to use funds to pay for ‘Qualified Medical Expenses,’ or certain approved medical/health services not ordinarily covered by health insurance plans, December is a very busy time of the year for people to go in for any ancillary health appointments such as dental work, vision services, etc. because account holders wait and see how much money remains in their HSA account so they can use a portion of the remaining balance in the account to pay for any of these Qualified Medical Expenses.
In addition to checking your contribution limits to maximize your tax savings and using account funds to pay for any medical bills and additional approved medical services, it is also smart to be sure you have indemnified yourself for any prescriptions or medical services that you have not paid for with your account. Taking advantage of reimbursing yourself for any qualified medical expense paid for with means other than your HSA debit card will help you maximize tax savings as well.
Click to read more helpful tips from Optum Health Bank, and please consult your certified accountant with any tax related questions or concerns.
- Lauren Bruen Nicholson
“The loss of a key person can be a major blow to a small business if that person is the key contact for customers and suppliers and the management of the business. Loss of the key person may also make the running of the business less efficient and result in a loss of capital.
Losses caused by the death of a key employee are insurable. Such policies will compensate the business against significant losses that result from that person’s death or disability. The amount and cost of insurance needed for a particular business depends on the situation and the age, health and role of the key employee.
Key employee life insurance pays a death benefit to the company when the key employee dies. The policy is normally owned by the company, which pays the premiums and is the beneficary. Contact an insurance agent or broker whose specializes in key employee insurance for more on how much it may cost for your company.”
(Source: Insurance Information Institute)
FEMA’s Disaster Assistance Program has extended coverage for affected Individuals, Families, and Businesses after a ‘major disaster’ declaration in the state of New York. Some of the key parts of the assistance program are as follows:
To apply online, click www.DisasterAssistance.gov or call 1-800-621-FEMA