Purchasing a new home can be fun and exciting, it can also be fraught with fears, insecurities and too many things on your ‘to do’ list. Many people get all caught up in the excitement and forget one of the most important aspects of buying a new home–Insuring it!–then, in a panic, accept the first quote they receive, not understanding the basics of a home insurance policy.
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Don’t be one of them.
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On the heels of Memorial Day in May and Flag Day in June, July is the month of patriotism since the 4th is the day we celebrate the birth of our country as a nation, independent from English rule.

Even though our break from the British Empire came in 1776, Insurance was sold in the Colonies as early as 1735 in South Carolina. In 1772 Benjamin Franklin along with more than 70 business owners formed a mutual company called “The Philadelphia Contributorship for the Insuring of Houses from Loss by Fire.”

We know from a previous post that Medicare was enacted in 1965, but did you know Life Insurance was established in the 1760’s? The Presbyterian Synods (an assembly of the clergy and sometimes also the laity in a diocese or other division of a particular church) created the “Corporation for Relief of Poor and Distressed Widows and Children of Presbyterian Ministers” in 1759 in New York and Philadelphia which was duplicated by Episcopalian priests in 1769. Auto insurance came about in 1897, health insurance in the 1920’s and home policies in the 1950’s.
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So, how does Insurance and Patriotism go together?

In our previous post we explained what Riders and Endorsements are and gave some examples of these on a P&C policy. Today we’ll talk about riders on Life Insurance products.

Remember, a ‘rider’ is a temporary addition to an insurance policy that can be added or removed that does not change the original benefits stated in a policy and an ‘endorsement’ is a permanent change to increase benefits to an existing policy and both result in additional premiums.

Whether you think of moving as a grand adventure or one of the most stress-filled undertakings you ever endure, changing locations is something many of us do at least once in our lifetime. We’ve compiled a few tips to help you transition a little more smoothly.

Last year we talked a couple of times about safety and travelling. We gave you some Hurricane Evacuation Tips and Vacation Preparedness Tips. We also shared Holiday Safety Tips, Fun in the Sun Safety Tips and Tips for staying safe at Festivals.

As all of these tips revolve around travelling – even though that may not be far from home – I thought it would be great to condense the above-mentioned tips into one, easy-to-find article.
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While scrolling around on social media, (depending on your audience) you may have come across the phrase “Insure Your Love” or hashtag, #insureyourlove and wondered what that was all about.

I know I did! 
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Nearly every day in the news we hear of a disaster involving fire. Whether wildfires raging across thousands of acres or a single-family dwelling engulfed in flames, this kind of news leaves us feeling vulnerable and helpless.

We’ve experienced colder-than-normal temperatures here in SW LA, many days bordering on frigid, therefore fire safety comes to mind.
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We mentioned a few tips in our Holiday Safety Tips article like checking the batteries in your smoke and carbon monoxide alarms and unplugging electric heaters, but let’s see if there are other things important to fire safety we can share with you….

We’ve done our best to help you Understand Life Insurance and explained the differences in Whole & Universal Life as well as Mortgage Protection and Term Life products. In this article we’ll explain the basics of Annuities.